MRP (Millrose Properties) Tax Rate %: 3.94% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MRP Millrose Properties Inc MRP
13 GF Score
Price $28.59
! 6 Warning Signs
View Full Analysis

What is Millrose Properties Tax Rate %?

Millrose Properties MRP 13 Tax Rate % is 3.94% as of Mar. 2026. GuruFocus rates MRP with a GF Score™ of 13/100. The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Millrose Properties's Tax Expense for the three months ended in Mar. 2026 was $5.0 Mil. Millrose Properties's Pre-Tax Income for the three months ended in Mar. 2026 was $127.9 Mil. Therefore, Millrose Properties's Tax Rate % for the quarter that ended in Mar. 2026 was 3.94%.

Millrose Properties Tax Rate % Related Terms

Millrose Properties Tax Rate % Historical Data

* Premium members only.

The historical data trend for Millrose Properties's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Millrose Properties Tax Rate % Chart

Millrose Properties Annual Data
Trend Dec23 Dec24 Dec25
Tax Rate %
0.00 0.00 5.12

Millrose Properties Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.91 4.06 5.28 4.31 3.94
MRP
13GF Score
Millrose Properties Inc MRP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millrose Properties Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Millrose Properties's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=20.509/400.373
=5.12 %

Millrose Properties's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=5.037/127.921
=3.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 3.94% mean?
Millrose Properties (MRP) has a Tax Rate % of 3.94% as of Mar. 2026.
Is Millrose Properties' Tax Rate % too high?
Millrose Properties' current Tax Rate % is 3.94%. Overall, Millrose Properties has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Millrose Properties' Tax Rate % compare to IRT and JAN?
Millrose Properties' Tax Rate % of 3.94% can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a REITs company?
A good Tax Rate % depends on the REITs industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Millrose Properties's current Tax Rate % is 3.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millrose Properties stock overvalued right now?
Millrose Properties (MRP) has a current Tax Rate % of 3.94%. The current Tax Rate % is 3.94%. Millrose Properties' overall GF Score™ is 13/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Millrose Properties (MRP), the current Tax Rate % is 3.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millrose Properties Business Description

Industry Real EstateREITs
Other Exchanges MRP:Mexico
Address 600 Brickell Avenue, Suite 1400, Miami, FL, USA, 33131
Millrose Properties Inc is a Holding Company. The company, along with its subsidiaries, engages in providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets through its Homesite Option Purchase Platform. The company generates a key portion of its revenue from Option fee revenues and a smaller portion of revenue from Development loan income.
13GF Score

Get the complete analysis for MRP

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.59
Price