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

Income Before Tax

Last Annual Value

400.37M

3-Year CAGR

60%

5-Year CAGR

32%

10-Year CAGR

15%

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Income Before Tax

MRP · NYSE

Company	Income Before Tax	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	400.37M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	41.25M	-21.0%	-31.8%	N/A
Global Net Lease, Inc. NYSE:GNL	-113.95M	N/A	N/A	N/A
The Macerich Company NYSE:MAC	-176.94M	N/A	N/A	N/A
Rexford Industrial Realty, Inc. NYSE:REXR	219.76M	-4.2%	10.0%	23.9%
Phillips Edison & Company, Inc. NASDAQ:PECO	124.28M	24.6%	48.5%	30.0%
Howard Hughes Holdings Inc. NYSE:HHH	161.46M	N/A	20.3%	-6.6%
Kite Realty Group Trust NYSE:KRG	306.00M	84.3%	N/A	N/A
Independence Realty Trust, Inc. NYSE:IRT	57.71M	N/A	4.9%	N/A
Kilroy Realty Corporation NYSE:KRC	278.51M	5.3%	-15.8%	-0.9%

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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