earnings
confidence high
sentiment neutral
materiality 0.70
Millrose Properties reports preliminary Q3 2025 AFFO $122.5M ($0.74/share), rev $179.3M
Millrose Properties, Inc.
2025-Q3 EPS reported
$1.70
revenue$410,960,000
- Revenue $179.3M (Q3) and $411.0M (9M); net income $105.1M ($0.63/share).
- AFFO $122.5M ($0.74/share) adds back $11.8M accelerated amortization from delayed draw term loan payoff.
- Invested Capital $8.2B as of Sep 30, 2025; weighted average yield 9.1% (based on 3-month SOFR as of Jun 26, 2025).
- Homesite inventory $8.7B; book value $35.29 per share as of Sep 30, 2025.
- Full Q3 2025 results expected before market open on October 23, 2025.