MRP - NYSE

Millrose Properties, Inc.

MRP·NYSE

$27.54

+5.3%

Real EstateREIT - Residential

Millrose Properties is a Homesite Option Purchase Platform (HOPP'R), an evolution of residential land banking, accelerating homebuilders' capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.25B

EPS2.4400

P/E Ratio13.05

Earnings Date07/30/2026

mrp

Gross Profit

Last Annual Value

600.46M

3-Year CAGR

5-Year CAGR

10-Year CAGR

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Gross Profit

MRP · NYSE

Company	Gross Profit	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	600.46M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	263.42M	-21.1%	-11.9%	5.0%
Global Net Lease, Inc. NYSE:GNL	64.30M	-43.9%	-29.1%	-10.5%
The Macerich Company NYSE:MAC	387.47M	-7.5%	-3.6%	-4.8%
Rexford Industrial Realty, Inc. NYSE:REXR	775.41M	8.1%	17.6%	23.7%
Phillips Edison & Company, Inc. NASDAQ:PECO	-10.19M	N/A	N/A	N/A
Howard Hughes Holdings Inc. NYSE:HHH	276.10M	-14.0%	-11.6%	-3.6%
Kite Realty Group Trust NYSE:KRG	451.39M	-9.7%	11.0%	5.5%
Independence Realty Trust, Inc. NYSE:IRT	-98.05M	N/A	N/A	N/A
Kilroy Realty Corporation NYSE:KRC	745.51M	-1.4%	1.7%	4.7%

Millrose Properties, Inc. Fair Value Envelope

MRP · NYSE

Our analysis suggests that MRP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $27.54, this represents a potential HIDDEN relative to our calculated worth for Millrose Properties, Inc..

HIDDEN

Intrinsic Value

Current Price: $27.54

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