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

Net Income

Last Annual Value

379.86M

3-Year CAGR

67%

5-Year CAGR

36%

10-Year CAGR

17%

Adjust for Inflation

Millrose Properties, Inc. Competitors Analysis of Net Income

MRP · NYSE

Company	Net Income	CAGR 3Y	CAGR 5Y	CAGR 10Y
Millrose Properties, Inc. NYSE:MRP	379.86M	N/A	N/A	N/A
Cousins Properties Incorporated NYSE:CUZ	40.50M	-21.3%	-32.0%	-6.5%
Global Net Lease, Inc. NYSE:GNL	-225.46M	N/A	N/A	N/A
The Macerich Company NYSE:MAC	-197.15M	N/A	N/A	N/A
Rexford Industrial Realty, Inc. NYSE:REXR	212.03M	-3.8%	10.6%	23.8%
Phillips Edison & Company, Inc. NASDAQ:PECO	111.30M	25.1%	49.1%	28.7%
Howard Hughes Holdings Inc. NYSE:HHH	123.90M	N/A	17.2%	-4.8%
Kite Realty Group Trust NYSE:KRG	298.66M	84.6%	N/A	73.9%
Independence Realty Trust, Inc. NYSE:IRT	56.56M	N/A	4.9%	N/A
Kilroy Realty Corporation NYSE:KRC	276.10M	9.2%	-15.2%	-0.6%

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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