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MRP (Millrose Properties) Asset Turnover : 0.01 (As of Mar. 2025)


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What is Millrose Properties Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Millrose Properties's Revenue for the three months ended in Mar. 2025 was $82.70 Mil. Millrose Properties's Total Assets for the quarter that ended in Mar. 2025 was $7,152.36 Mil. Therefore, Millrose Properties's Asset Turnover for the quarter that ended in Mar. 2025 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Millrose Properties's annualized ROE % for the quarter that ended in Mar. 2025 was 2.71%. It is also linked to ROA % through Du Pont Formula. Millrose Properties's annualized ROA % for the quarter that ended in Mar. 2025 was 2.23%.


Millrose Properties Asset Turnover Historical Data

The historical data trend for Millrose Properties's Asset Turnover 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.

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Millrose Properties Asset Turnover Chart

Millrose Properties Annual Data
Trend Dec23 Dec24
Asset Turnover
- -

Millrose Properties Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Asset Turnover Get a 7-Day Free Trial - 0.03 0.02 -0.05 0.01

Competitive Comparison of Millrose Properties's Asset Turnover

For the REIT - Residential subindustry, Millrose Properties's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Millrose Properties's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Millrose Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Millrose Properties's Asset Turnover falls into.


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Millrose Properties Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Millrose Properties's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=/( (0+0)/ 1 )
=/0
=

Millrose Properties's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=82.698/( (0+7152.356)/ 1 )
=82.698/7152.356
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Millrose Properties  (NYSE:MRP) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Millrose Properties's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=159.224/5875.851
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(159.224 / 330.792)*(330.792 / 7152.356)*(7152.356/ 5875.851)
=Net Margin %*Asset Turnover*Equity Multiplier
=48.13 %*0.0462*1.2172
=ROA %*Equity Multiplier
=2.23 %*1.2172
=2.71 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Millrose Properties's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=159.224/7152.356
=(Net Income / Revenue)*(Revenue / Total Assets)
=(159.224 / 330.792)*(330.792 / 7152.356)
=Net Margin %*Asset Turnover
=48.13 %*0.0462
=2.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Millrose Properties Asset Turnover Related Terms

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Millrose Properties Business Description

Traded in Other Exchanges
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.