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 Tax Expense

Last Annual Value

20.51M

3-Year CAGR

34%

5-Year CAGR

19%

10-Year CAGR

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Income Tax Expense

MRP · NYSE

Company	Income Tax Expense	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	20.51M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	0.00	N/A	N/A	N/A
Global Net Lease, Inc. NYSE:GNL	21.80M	14.6%	12.4%	17.3%
The Macerich Company NYSE:MAC	-2.19M	N/A	N/A	N/A
Rexford Industrial Realty, Inc. NYSE:REXR	0.00	N/A	N/A	N/A
Phillips Edison & Company, Inc. NASDAQ:PECO	1.31M	44.0%	N/A	N/A
Howard Hughes Holdings Inc. NYSE:HHH	37.62M	N/A	19.9%	-10.8%
Kite Realty Group Trust NYSE:KRG	467.00K	-4.3%	N/A	-5.4%
Independence Realty Trust, Inc. NYSE:IRT	0.00	N/A	N/A	N/A
Kilroy Realty Corporation NYSE:KRC	0.00	N/A	N/A	N/A

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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