Millrose Properties, Inc. (MRP) - Total Assets
Based on the latest financial reports, Millrose Properties, Inc. (MRP) holds total assets worth $9.57 Billion USD as of March 2026. 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. Check Millrose Properties, Inc. (MRP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Millrose Properties, Inc. - Total Assets Trend (2022–2025)
This chart illustrates how Millrose Properties, Inc.'s total assets have evolved over time, based on quarterly financial data. Check cash flow quality index of Millrose Properties, Inc. to evaluate the quality of earnings relative to operating cash generation.
Millrose Properties, Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
Millrose Properties, Inc.'s total assets of $9.57 Billion consist of 3.9% current assets and 96.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $329.00 Million | 3.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2025)
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. For live market cap, price, and company overview, see MRP market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millrose Properties, Inc.'s current assets represent 3.9% of total assets in 2025, a decrease from 99.4% in 2022.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, up from 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 accounts receivable at 3.6% of total assets.
Millrose Properties, Inc. Competitors by Total Assets
Key competitors of Millrose Properties, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Equity Lifestyle Properties Inc
NYSE:ELS
|
USA | $5.75 Billion |
|
American Homes 4 Rent
NYSE:AMH
|
USA | $13.25 Billion |
|
Canadian Apartment Properties Real Estate Investment Trust
TO:CAR-UN
|
Canada | CA$14.91 Billion |
|
Tempore Properties SOCIMI SAU
MC:YTEM
|
Spain | €81.55 Million |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
Spain | €66.96 Million |
|
Galil Capital Re Spain SOCIMI SA
MC:YGCS
|
Spain | €58.00 Million |
|
Ingenia Communities Group
AU:INA
|
Australia | AU$2.73 Billion |
|
US Masters Residential Property Fund
AU:URF
|
Australia | AU$362.52 Million |
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 | 28.65 | 9.27 | 18.78 |
| Quick Ratio | 28.65 | 0.18 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $359.50 Million | $6.37 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 | 0.83 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | 69.4% |
| Total Assets | $9.26 Billion |
| Market Capitalization | $4.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Millrose Properties, Inc.'s assets below their book value (0.47x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Millrose Properties, Inc.'s assets grew by 69.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Millrose Properties, Inc. (2022–2025)
The table below shows the annual total assets of Millrose Properties, Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $9.26 Billion | +69.40% |
| 2024-12-31 | $5.47 Billion | +15.20% |
| 2023-12-31 | $4.74 Billion | -40.86% |
| 2022-12-31 | $8.02 Billion | -- |
About Millrose Properties, Inc.
Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites " the scarcest and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, Millrose utilizes a proprietary technology platfo… Read more