Millrose Properties (MRP) Operating Income (2024 - 2026)
Millrose Properties (MRP) posted Operating Income of $180.45 million for Q3 2026, up 18.1% from $152.84 million a year earlier and up 7.6% from the prior quarter.
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Analysis
Millrose Properties (MRP) Operating Income (2024 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Income at Millrose Properties was $674.91 million, up 160.1% year-over-year; for FY2025, it was $486.07 million.
- In prior years, Millrose Properties' Operating Income was -$246.22 million in FY2024 and -$209.79 million in FY2023.
- The Q3 2026 figure stands as the highest quarterly Operating Income in data going back to Q1 2024.
- On a year-over-year basis, Operating Income has increased in each of the last three quarters.
- According to Business Quant data, Operating Income for the three prior quarters was $167.63 million (Q2 2026), $166.08 million (Q1 2026) and $160.74 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.50 Bn | 18.48 Bn | - | 207.78 Mn |
| 2 | Howard Hughes Holdings | 5.01 Bn | -3.87 Bn | 435.75 Mn | 156.97 Mn |
| 3 | Millrose Properties | 4.37 Bn | 4.19 Bn | - | 180.45 Mn |
| 4 | St Joe | 4.19 Bn | 3.69 Bn | 80.65 Mn | 61.54 Mn |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.09 Bn | - | - |
| 6 | LandBridge | 1.85 Bn | 1.72 Bn | 65.71 Mn | 44.16 Mn |
| 7 | Opendoor Technologies | 1.32 Bn | -2.44 Bn | 38.00 Mn | -187.00 Mn |
| 8 | Forestar | 1.21 Bn | -136.16 Mn | 84.10 Mn | 45.80 Mn |
| 9 | EagleRock Land | 553.94 Mn | 478.01 Mn | 35.42 Mn | -53.16 Mn |
| 10 | Tejon Ranch | 477.18 Mn | 409.05 Mn | - | 2.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 180.45 Mn |
| Jun 30, 2026 | 167.63 Mn |
| Mar 31, 2026 | 166.08 Mn |
| Dec 31, 2025 | 160.74 Mn |
| Sep 30, 2025 | 152.84 Mn |
| Jun 30, 2025 | 126.86 Mn |
| Mar 31, 2025 | 45.63 Mn |
| Dec 31, 2024 | -65.80 Mn |
| Sep 30, 2024 | -63.67 Mn |
| Jun 30, 2024 | -59.76 Mn |
| Mar 31, 2024 | -56.99 Mn |
API Access
Millrose Properties Operating Income 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=operating-income&ticker=MRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();