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Millrose Properties, Inc.
Millrose purchases and develops residential land and sells finished homesites to homebuilders by way of option contracts with predetermined costs and takedown schedules. Millrose serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy. As fully developed homesites are sold by Millrose, capital is recycled into future land acquisitions for homebuilders, providing customers with durable access to community growth.
Market Cap
$4.9B
Volume
2.0M
Cash and Equivalents
$35.0M
EBITDA
N/A
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$512.7M
Profit Margin
85.39%
52 Week High
$36.00
52 Week Low
$19.00
Dividend
10.17%
Price / Book Value
0.84
Price / Earnings
12.10
Price / Tangible Book Value
0.84
Enterprise Value
$7.0B
Enterprise Value / EBITDA
N/A
Operating Income
$486.1M
Return on Equity
7.35%
Return on Assets
4.13
Cash and Short Term Investments
$35.0M
Debt
$2.1B
Equity
$5.9B
Revenue
$600.5M
Unlevered FCF
-$3.5B
Sector
Specialized REITs
Category
N/A