MRP vs HHH Stock Comparison

Millrose Properties and Howard Hughes Holdings Prices as of Oct 26, 2026 Peers: Industry group
MRP Millrose Properties, Inc.
$23.90 -12.1% 1M -26.3% 1Y
Market cap
$4.02B
P/E
8.5x
Revenue (TTM)
$760.54M
Div. yield
0.12%
Real Estate Development Real Estate
6 wins

Head to Head

8 decided of 12

Millrose Properties leads on 6 of the 12 questions below (Millrose Properties 6, Howard Hughes Holdings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMRPHHHLeader
Larger companyMarket capitalisation $4.02B $4.34B HHH
Cheaper on earningsLower P/E, profitable companies only 8.5x 14.8x MRP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.3x 15.9x MRP
Faster revenue growthRevenue growth, trailing twelve months — +34.0% –
More profitableNet margin, trailing twelve months 62.6% 12.3% MRP
Better return on capitalReturn on invested capital 7.5% 4.0% MRP
Less leveragedLower net debt / EBITDA — 4.0x –
Higher dividend yieldTrailing dividend yield 0.12% 0.00% –
Better 1-year returnPrice return, last 12 months -26.3% -10.2% HHH
Better 5-year returnAnnualised price return, 5 years — -2.8%/yr –
Less volatileAnnualised volatility, 1 year 31.7% 33.8% MRP
Higher overall scoreMean of the five percentile scores vs peers 89/100 64/100 MRP

Percentile Scorecard

MRPHHH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMRPHHH
Valuation 82 #8 of 39 84 #7 of 39
Growth 100 #1 of 33 75 #9 of 33
Profitability 97 #2 of 30 72 #9 of 30
Financial Health 68 #13 of 38 24 #29 of 38
Shareholder Returns 100 #1 of 14 –
Overall 89 64
  • MRP ranked among 42 companies in Property Developers
  • HHH ranked among 42 companies in Property Developers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMRPHHHSPY
1 month -12.1%+7.1% -0.8%
3 months -15.8%+11.2% +3.5%
6 months -22.1%+15.0% +7.0%
Year to date -20.0%-8.1% +12.2%
1 year -26.3%-10.2% +13.0%
3 years —+17.2% +86.3%
3 years, per year —+5.4% +23.1%
5 years —-13.1% +68.6%
5 years, per year —-2.8% +11.0%
10 years —-28.8% +258.0%
10 years, per year —-3.3% +13.6%

Risk

MeasureMRPHHHSPY
Volatility, 1Y 31.7%33.8% 12.7%
Downside volatility, 1Y 33.6%31.5% 12.7%
Beta vs S&P 500, 1Y 0.720.79 1.00
Return / volatility, 1Y -0.83-0.30 1.02
Max drawdown, 5Y -40.3%-49.0% -25.4%
From 52-week high -27.4%-18.4% -1.8%
52-week high $32.90$89.85 $779.14
52-week low $21.21$60.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMRPHHH
P/E now vs peer median 8.3xmedian 7.8x 12.9xmedian 7.8x
P/S now vs peer median 4.8xmedian 4.9x 1.6xmedian 4.9x
EV/EBITDA now vs peer median —median 11.2x 9.4xmedian 11.2x
P/FCF now vs peer median 1.0xmedian 6.4x 6.1xmedian 6.4x
P/B now vs peer median 0.6xmedian 0.6x 0.9xmedian 0.6x
PEG now vs peer median —median 0.33 0.47median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMRPHHH
Revenue $760.54M $2.37B
Gross profit – $1.79B
Operating income $647.29M $505.99M
Net income $476.06M $290.16M
Free cash flow $3.75B $628.36M
EPS (diluted) $2.87 $4.94
Cash & equivalents $34.17M $2.65B
Total debt $2.48B $5.46B
Shares (diluted) 166.06M 59.15M
Enterprise value $3.66B -$3.10B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMRPHHH
P/E 8.3x 12.9x
P/FCF 1.0x 6.1x
P/Operating cash flow 1.0x 4.8x
P/S 4.8x 1.6x
P/B 0.6x 0.9x
P/Tangible book 0.6x 1.1x
EV/EBITDA – 9.4x
EV/EBIT 9.5x 13.0x
EV/Revenue 8.1x 2.8x
EV/FCF 1.6x 10.5x
EV/Operating cash flow 1.6x 8.4x
PEG (3Y EPS CAGR) – 0.47

Growth

14 metrics
MetricMRPHHH
Revenue growth (1Y) – 34.0%
Revenue CAGR (3Y) – 20.1%
Gross profit growth (1Y) – 67.9%
Gross profit CAGR (3Y) – 31.7%
Operating income growth (1Y) 1,405% -11.9%
Operating income CAGR (3Y) – 8.1%
Net income growth (1Y) 1,962% 27.3%
Net income CAGR (3Y) – 34.5%
EPS growth (1Y) 890.5% 20.1%
EPS CAGR (3Y) – 27.2%
Operating cash flow growth (1Y) 3,932% 33.7%
Operating cash flow CAGR (3Y) – –
Free cash flow growth (1Y) 589.0% 120.5%
Free cash flow CAGR (3Y) – –

Profitability

14 metrics
MetricMRPHHH
Gross margin – 75.6%
EBITDA margin – 29.4%
Operating margin 85.1% 21.3%
Pretax margin 65.1% 16.0%
Net margin 62.6% 12.3%
FCF margin 492.6% 26.5%
Operating cash flow margin 492.6% 33.2%
Return on equity 8.1% 7.4%
Return on assets 4.9% 2.1%
Return on invested capital 7.5% 4.0%
Return on capital employed – –
Asset turnover 0.1x 0.2x
Cash conversion (OCF / net income) 7.9x 2.7x
Stock comp / revenue 0.2% 0.7%

Financial Health

11 metrics
MetricMRPHHH
Debt / assets 25.5% 34.3%
Debt / equity 0.4x 1.4x
Net debt / EBITDA – 4.0x
Debt / FCF 0.7x 8.7x
Liabilities / assets 39.7% 74.6%
Equity / assets 60.3% 25.4%
Interest coverage 4.1x 2.9x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricMRPHHH
Dividend yield 12.8% –
Net buyback yield – –
Shareholder yield 12.8% 0.0%
Payout ratio (earnings) 102.2% –
Payout ratio (FCF) 13.0% –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMRPHHH
Forward P/E 7.3xFY2026 15.9xFY2026
EPS, next fiscal year $3.26FY2026 $4.01FY2026
EPS growth, next FY +33.6%FY2026 +81.4%FY2026
EPS growth, the year after -7.1% -14.2%
Revenue, next fiscal year $840.33MFY2026 $2.70BFY2026
Revenue growth, next FY +39.9%FY2026 +83.4%FY2026
Revenue growth, the year after +11.7% -3.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMRPHHH
Held by institutions 89.6% 90.7%
Institutions holding 523 303
Change in shares held, QoQ +1.8% +1.8%
Institutions buying 280 170
Institutions selling 136 87
Buyers to sellers 2.06 1.95

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MRPHHH
MRP 1.00 0.31
HHH 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MRP and HHH?

Howard Hughes Holdings (HHH) is the largest by market capitalisation: Millrose Properties (MRP) $4.02B, Howard Hughes Holdings (HHH) $4.34B.

Which stock is cheaper, MRP and HHH?

Millrose Properties (MRP) trades on the lowest price-to-earnings ratio (Millrose Properties (MRP) 8.5x, Howard Hughes Holdings (HHH) 14.8x). On next year's consensus earnings, Millrose Properties (MRP) is cheapest (Millrose Properties (MRP) 7.3x, Howard Hughes Holdings (HHH) 15.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is more profitable?

Millrose Properties (MRP) has the highest net margin (Millrose Properties (MRP) 62.6%, Howard Hughes Holdings (HHH) 12.3%). On return on invested capital, Millrose Properties (MRP) leads (Millrose Properties (MRP) 7.5%, Howard Hughes Holdings (HHH) 4.0%).

Which stock has performed better?

Over the past year Howard Hughes Holdings (HHH) returned the most: Millrose Properties (MRP) -26.3%, Howard Hughes Holdings (HHH) -10.2%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Millrose Properties (MRP) 0.12%, Howard Hughes Holdings (HHH) 0.00%. Howard Hughes Holdings (HHH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Millrose Properties (MRP) has been the steadiest (Millrose Properties (MRP) 31.7%, Howard Hughes Holdings (HHH) 33.8%). Volatility measures how widely the price swings, not the risk of the business.

Do MRP and HHH move together?

Their daily returns over the past year have a correlation of 0.31, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MRP and HHH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Millrose Properties (MRP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.