Millrose Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Service and Other Revenue	563.69	600.46	-	-
Revenue	712.69	600.46	-	-
Revenue Growth (YoY)	761.80%	-	-	-
Gross Profit	712.69	600.46	-	-
Selling, General & Admin	105.17	113.39	246.22	209.79
Other Operating Expenses	1.01	1.01	-	-
Operating Income	606.52	486.07	-246.22	-209.79
Interest Income	7.74	7.7	-	-
Interest Expense	-128.47	-91.79	-	-
Other Non-Operating Income (Expense)	-1.68	-1.61	-	-
Total Non-Operating Income (Expense)	-122.41	-85.7	-	-
Pretax Income	484.11	400.37	-246.22	-209.79
Provision for Income Taxes	21.17	20.51	-	-
Net Income	462.94	404.82	-246.22	-209.79
Net Income to Common	462.94	404.82	-246.22	-209.79
Shares Outstanding (Basic)	166	166	0	283
Shares Outstanding (Diluted)	166	166	0	283
Shares Change (YoY)	50.48%	166026900.00%	-100.00%	-
EPS (Basic)	2.79	2.44	-2462210.00	1.45
EPS (Diluted)	2.79	2.44	-2462210.00	1.45
Shares Outstanding	166	166	0	0
Free Cash Flow	-699.49	-2,336	-917.19	-865.12
Free Cash Flow Per Share	-4.21	-14.07	-9171940.00	-3.05
Dividends Per Share	2.930	2.550	-	-
Dividend Growth	14.90%	-	-	-
Gross Margin	100.00%	100.00%	-	-
Operating Margin	85.10%	80.95%	-	-
Profit Margin	64.96%	63.26%	-	-
FCF Margin	-98.15%	-388.95%	-	-
EBITDA	606.52	486.07	-246.22	-209.79
EBIT	606.52	486.07	-246.22	-209.79
EBIT Margin	85.10%	80.95%	-	-
Effective Tax Rate	4.37%	5.12%	0.00%	0.00%

Updated May 6, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q