Millrose Properties, Inc.

NYSE:MRP USA REIT - Residential
Market Cap
$4.55 Billion
Market Cap Rank
#2975 Global
#2005 in USA
Share Price
$29.50
Change (1 day)
-0.03%
52-Week Range
$22.51 - $35.50
All Time High
$35.50
About

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 acq… Read more

Millrose Properties, Inc. (MRP) - Total Assets

Latest total assets as of September 2025: $9.02 Billion USD

Based on the latest financial reports, Millrose Properties, Inc. (MRP) holds total assets worth $9.02 Billion USD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Millrose Properties, Inc. - Total Assets Trend (2022–2024)

This chart illustrates how Millrose Properties, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Millrose Properties, Inc. - Asset Composition Analysis

Current Asset Composition (December 2024)

Millrose Properties, Inc.'s total assets of $9.02 Billion consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 0.0%
Accounts Receivable $0.00 0.0%
Inventory $5.47 Billion 100.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2022–2024)

This chart illustrates how Millrose Properties, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Millrose Properties, Inc.'s current assets represent 100.0% of total assets in 2024, an increase from 99.4% in 2022.
  • Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 2022.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
  • Asset Diversification: The largest asset category is inventory at 100.0% of total assets.

Millrose Properties, Inc. Competitors by Total Assets

Key competitors of Millrose Properties, Inc. based on total assets are shown below.

Millrose Properties, Inc. - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.00

Lower asset utilization - Millrose Properties, Inc. generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -4.51% - -1.80%

Negative ROA - Millrose Properties, Inc. is currently not profitable relative to its asset base.

Millrose Properties, Inc. - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 2.85 20.68 18.78
Quick Ratio 0.21 0.00 0.00
Cash Ratio 0.00 0.00 0.00
Working Capital $5.86 Billion $ 5.01 Billion $ 4.49 Billion

Millrose Properties, Inc. - Advanced Valuation Insights

This section examines the relationship between Millrose Properties, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.91
Latest Market Cap to Assets Ratio 0.83
Asset Growth Rate (YoY) 15.2%
Total Assets $5.47 Billion
Market Capitalization $4.52 Billion USD

Valuation Analysis

Near Book Valuation: The market values Millrose Properties, Inc.'s assets close to their book value ( 0.83x), suggesting investors view the company's assets at approximately fair value.

Rapid Asset Growth: Millrose Properties, Inc.'s assets grew by 15.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Millrose Properties, Inc. (2022–2024)

The table below shows the annual total assets of Millrose Properties, Inc. from 2022 to 2024.

Year Total Assets Change
2024-12-31 $5.47 Billion +15.20%
2023-12-31 $4.74 Billion -40.86%
2022-12-31 $8.02 Billion --