Growth Metrics

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 🔒
DateValue
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