Millrose Properties (MRP) Net Margin (2025 - 2026)
Millrose Properties' Net Margin was 63.95% in Q2 2026, down 11.73 percentage points from 75.68% a year earlier but up 0.91 percentage points from the prior quarter.
Millrose Properties (MRP) Net Margin (2025 - 2026) Analysis & Trends
On a trailing twelve-month basis, Millrose Properties' Net Margin was 62.60% through Jun 30, 2026; for FY2025, it came in at 67.42%.
- Quarterly Net Margin has moved between 58.61% (Q3 2025) and 78.32% (Q1 2025) over five years.
- Per Business Quant data, MRP's Net Margin in the three quarters before Q2 2026 was 63.04% (Q1 2026), 64.51% (Q4 2025) and 58.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.77 Bn | 22.60 Bn | - | 62.56% |
| 2 | St Joe | 3.85 Bn | 3.34 Bn | 73.42 Mn | 25.48% |
| 3 | Millrose Properties | 3.69 Bn | 3.33 Bn | - | 63.95% |
| 4 | LandBridge | 2.23 Bn | 2.10 Bn | 65.71 Mn | 46.45% |
| 5 | Opendoor Technologies | 1.97 Bn | -1.85 Bn | 86.00 Mn | -18.35% |
| 6 | Forestar | 1.31 Bn | -36.39 Mn | 84.10 Mn | 8.82% |
| 7 | Five Point Holdings | 653.72 Mn | 682.48 Mn | -23.72 Mn | 78.13% |
| 8 | Tejon Ranch | 447.47 Mn | 382.45 Mn | - | 18.48% |
| 9 | Nam Tai Property | 260.36 Mn | 78.98 Mn | - | - |
| 10 | Global Asset Management | 215.67 Mn | 213.36 Mn | 236,261.00 | -311.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.95% |
| Mar 31, 2026 | 63.04% |
| Dec 31, 2025 | 64.51% |
| Sep 30, 2025 | 58.61% |
| Jun 30, 2025 | 75.68% |
| Mar 31, 2025 | 78.32% |
Millrose Properties Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();