# Millrose Properties, Inc. (MRP) · Edgar & Edgarette company card

> Millrose Properties (MRP) reported revenue of $600 million in FY2025, operating margin 80.9% against a 21.1% median for real estate, equity 63.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2017206 · fiscal year ended 2025-12-31 · 1 audited years read · [page](https://www.pops4.com/boards/company/MRP) · [JSON](https://www.pops4.com/boards/company/MRP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $600M |
| Revenue growth, 1 year | — |
| Revenue growth per year | — |
| Operating margin | 80.9% |
| Net margin | 63.3% |
| Operating cash flow | $3.7B |
| Capital spending | — |
| Free cash flow | — |
| Cash | $35M |
| Long-term debt | $2.1B |
| Total assets | $9.3B |
| Total equity | $5.9B |
| Equity ÷ assets | 63.3% |
| Return on equity | 6.5% |
| Dividend per share | $2.55 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Health Harbor boat: New ship · no warning signs

## Edgarette's reading

Exposure: revenue $600.5M (FY2025), total debt $2.1B. Experience: one year on record; operating margin 80.9%. Soundness: equity 63.3% of assets, return on equity 6.5%, payout 78.7% of profit. Credibility: one audited year, little weight. Against peers (8 filers, $50M+ revenue, real estate): operating margin 80.9% against a 21.1% median.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/2017206/000119312526447297/0001193125-26-447297-index.htm)
- 8-K · filed 2026-10-27 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2017206/000119312526432747/0001193125-26-432747-index.htm)
- 8-K · filed 2026-10-06 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2017206/000119312526415565/0001193125-26-415565-index.htm)
- 8-K · filed 2026-09-23 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2017206/000119312526399549/0001193125-26-399549-index.htm)
- 8-K · filed 2026-09-23 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2017206/000119312526398224/0001193125-26-398224-index.htm)
- 8-K · filed 2026-09-22 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2017206/000119312526397284/0001193125-26-397284-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002017206.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2017206

## Cite

POPS4, Edgar & Edgarette: Millrose Properties, Inc. (MRP) company card, from the company's own SEC filings, accessed 2026-11-06, https://www.pops4.com/boards/company/MRP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.