MRP
Millrose Properties, Inc.
There isn't enough reported data to score MRP yet.
MRP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
MRP's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for real estate companies like MRP.
MRP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 7.8x | $25.67 | — |
| Current | 8.5x | $25.67 | — |
| Cheap | 8.9x | $26.94 | +4.9% |
| Fair | 10x | $31.16 | +21% |
| Expensive | 12x | $35.00 | +36% |
Historical ranges are pointers, not guarantees.
MRP's PE is 8.5x, but its earnings don't support one, so it isn't a reliable read right now.
MRP Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MRP, but weaker profitability.
MRP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.28 | +8.7% |
| Q3 2026 | $3.02 | +$4.03 |
| Q2 2026 | $2.87 | +$4.35 |
| Q1 2026 | $2.79 | +$3.19 |
| Q4 2025 | $2.44 | +$3.65 |
MRP has returned to profit: it earned $3.02 per share over the past year, after losing money the year before.
MRP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $211M | +18% |
| Q2 2026 | $196.9M | +32% |
| Q1 2026 | $194.9M | +136% |
| Q3 2025 | $179.3M | +45% |
| Q2 2025 | $149M | -34% |
MRP's revenue has grown year over year for five quarters in a row: $211M last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 86% | +0.3 points |
| Q2 2026 | 85% | 0 points |
| Q1 2026 | 85% | +30 points |
| Q4 2025 | 85% | N/A |
| Q3 2025 | 85% | +62 points |
| Q2 2025 | 85% | -25 points |
| Q1 2025 | 55% | N/A |
| Q3 2024 | 23% | N/A |
MRP's operating margin was 86% last quarter, about level with the same quarter a year ago.
MRP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $875.1M | +611% |
| Q2 2026 | $886M | +712% |
| Q1 2026 | $797.3M | +3645% |
| Q4 2025 | $3.4B | +$4.6B |
| Q3 2025 | $123.1M | +$462.8M |
| Q2 2025 | $109.1M | -74% |
| Q1 2025 | $21.3M | -88% |
| Q4 2024 | -$1.2B | -$675.2M |
MRP's free cash flow was $6B over the past year, against −$924M the year before. Free cash flow isn't a meaningful measure for real estate companies like MRP.
MRP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +3.6K shares |
| 1 year | 0% | +32.7K shares |
MRP has 166M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
MRP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2024 | 0.2x | Very low |
| Q2 2024 | 0.2x | Very low |
MRP's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like MRP.
MRP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.5 | Neutral |
| Stochastic | 42.0 | Neutral |
MRP's weekly RSI is 44 (neutral) and its Stochastic is 42 (neutral).
MRP PE vs Real Estate Sector
| Metric | MRP | Sector median | Relative |
|---|---|---|---|
| PE | 8.5x | 24x | 64% below |
| PE % | 8 | 12 | 4 pts below |
MRP is trading at 8.5x earnings, a 64% discount to the Real Estate sector's median of 24x, though its earnings don't support one.
MRP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.7 | 3.8% above |
| 20 week MA | $27.6 | 7.1% below |
| 50 week MA | $28.9 | 11% below |
MRP has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 11% below its 50-week average.
MRP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $26.7 | $30.4 | +14% |
| 2026 YTD | $30.4 | $25.7 | -16% |
MRP has finished every year since 2025 higher, and it's down 16% so far in 2026.