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MILLROSE PROPERTIES, INC.

CIK: 2017206 SIC: 6500
$600.46M
Revenue
$379.86M
Net Income
-
Gross Margin
80.95%
Op. Margin
$3.82B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 1 of 1 annual reports available (2025 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
+ Total Revenue $600.46M $600.46M
Revenue Growth % 0.0% nan%
Operating Expenses $114.39M $114.39M
Selling General & Admin - $25.00M
+ Operating Income $486.07M $486.07M
Operating Margin % 80.9% 80.9%
Interest Expense $33.24M $23.94M
Interest Income $7.70M $7.70M
Other Income/Expense $-3.05M $-1.60M
Income Before Tax $400.37M $400.37M
Income Tax Expense $20.51M $20.51M
+ Net Income $379.86M $379.86M
Net Margin % 63.3% 63.3%
Basic EPS 2.44 2.44
Diluted EPS 2.44 2.44
Basic Shares Outstanding - 166.0M
Diluted Shares Outstanding - 166.0M
Breakdown FY 2025
(Dec 31, 2025)
Cash & Cash Equivalents $35.05M
Total Assets $9.26B
Deferred Tax Liabilities $77.33M
Total Liabilities $3.40B
Total Stockholders Equity $5.86B
Total Liabilities & Equity $9.26B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
Net Income $419.67M $379.86M
Stock-based Compensation - $677.00K
Deferred Income Tax - $20.51M
Operating Cash Flow $3.82B $3.67B
Investing Cash Flow $-7.66B $-5.72B
Dividends Paid - $298.81M
Financing Cash Flow $4.03B $2.08B
Net Change in Cash $191.14M $35.05M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $179.26M - $410.96M -
Operating Expenses $26.42M $63.67M $85.63M $180.42M
Operating Income $152.84M $-63.67M $325.33M $-180.42M
Interest Expense $43.75M - $22.96M -
Interest Income $2.45M - $5.36M -
Other Income/Expense $-616.00K - $-1.48M -
Income Before Tax $110.92M $-63.67M $272.63M $-180.42M
Income Tax Expense $5.86M - $15.01M -
Net Income $105.06M $-63.67M $257.63M $-180.42M
Basic EPS 0.63 - 1.70 -
Diluted EPS 0.63 - 1.70 -
Basic Shares Outstanding $166.00M - $166.00M -
Diluted Shares Outstanding $166.03M - $166.03M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $242.58M -
Inventory $8.36B $5.47B
Total Assets $9.02B $5.47B
Deferred Tax Liabilities $71.83M -
Total Liabilities $3.17B $306.92M
Total Stockholders Equity $5.86B $5.16B
Total Liabilities & Equity $9.02B $5.47B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $105.06M $-63.67M $257.63M $-180.42M
Stock-based Compensation - - $370.00K $10.19M
Change in Inventory - - - $-428.18M
Operating Cash Flow - - $253.52M $260.21M
Investing Cash Flow - - $-2.11B -
Dividends Paid - - $177.62M -
Financing Cash Flow - - $2.10B $-260.21M
Net Change in Cash - - $242.58M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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