Millrose Properties (MRP) Operating Income (2024 - 2026)
Millrose Properties' quarterly Operating Income came in at $166.1 million in Q1 2026, up 263.95% year-on-year from $45.6 million in Q1 2025, and up 153.92% quarter-over-quarter from -$308.0 million in Q4 2025.
Millrose Properties has reported Operating Income for 3 years, with the latest figure at $166.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 263.95% year-over-year to $166.1 million; the trailing twelve-month figure through Mar 2026 stood at $137.8 million (up 195.93% YoY), and the FY2025 full-year result was $17.3 million, up 107.03% from the prior year.
- Operating Income for Q1 2026 stood at $166.1 million, up from -$308.0 million in the prior quarter.
- The five-year high for Operating Income was $166.1 million in Q1 2026, with the low at -$308.0 million in Q4 2025.
- Average Operating Income over 3 years is -$7.0 million, with a median of -$57.0 million recorded in 2024.
- Peak annual rise in Operating Income reached 340.04% in 2025, while the deepest fall reached 368.1% in 2025.
- Tracing MRP's Operating Income over 3 years: stood at -$65.8 million in 2024, then sank by 368.1% to -$308.0 million in 2025, then soared by 153.92% to $166.1 million in 2026.
- The last three Operating Income figures came in at $166.1 million (Q1 2026), -$308.0 million (Q4 2025), and $152.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 40.27 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 6.80 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 331.31 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 229.81 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 112.37 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | 166.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 166.08 Mn |
| Dec 31, 2025 | -308.02 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 |