REIT - Residential
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Side-by-side financial analysisStock Comparison
MRP vs WELL
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Healthcare Facilities
MRP vs WELL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Residential | REIT - Healthcare Facilities |
| Market Cap | $4.49B | $150.09B |
| Revenue (TTM) | $713M | $11.63B |
| Net Income (TTM) | $463M | $1.43B |
| Gross Margin | 96.9% | 39.1% |
| Operating Margin | 85.1% | 4.4% |
| Forward P/E | 9.4x | 74.0x |
| Total Debt | $2.11B | $21.38B |
| Cash & Equiv. | $35M | $5.03B |
MRP vs WELL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Feb 25 | Jun 26 | Return |
|---|---|---|---|
| Millrose Properties… (MRP) | 100 | 127.4 | +27.4% |
| Welltower Inc. (WELL) | 100 | 139.6 | +39.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MRP vs WELL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MRP carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 7.6%, EPS growth 264.9%
- 7.6% FFO/revenue growth vs WELL's 35.8%
- Lower P/E (9.4x vs 74.0x)
WELL is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 2 yrs, beta 0.04, yield 1.3%
- 234.6% 10Y total return vs MRP's 47.9%
- Lower volatility, beta 0.04, Low D/E 49.5%, current ratio 5.34x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.6% FFO/revenue growth vs WELL's 35.8% | |
| Value | Lower P/E (9.4x vs 74.0x) | |
| Quality / Margins | 65.0% margin vs WELL's 12.3% | |
| Stability / Safety | Beta 0.04 vs MRP's 0.82 | |
| Dividends | 6.2% yield, 1-year raise streak, vs WELL's 1.3% | |
| Momentum (1Y) | +43.0% vs MRP's +17.3% | |
| Efficiency (ROA) | 5.2% ROA vs WELL's 2.3%, ROIC 5.6% vs 0.5% |
MRP vs WELL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
MRP vs WELL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MRP leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WELL is the larger business by revenue, generating $11.6B annually — 16.3x MRP's $713M. MRP is the more profitable business, keeping 65.0% of every revenue dollar as net income compared to WELL's 12.3%. On growth, MRP holds the edge at +135.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $713M | $11.6B |
| EBITDAEarnings before interest/tax | $610M | $2.8B |
| Net IncomeAfter-tax profit | $463M | $1.4B |
| Free Cash FlowCash after capex | $4.4B | $2.5B |
| Gross MarginGross profit ÷ Revenue | +96.9% | +39.1% |
| Operating MarginEBIT ÷ Revenue | +85.1% | +4.4% |
| Net MarginNet income ÷ Revenue | +65.0% | +12.3% |
| FCF MarginFCF ÷ Revenue | +6.2% | +21.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +135.7% | +40.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +89.7% | +22.5% |
Valuation Metrics
MRP leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 11.9x trailing earnings, MRP trades at a 92% valuation discount to WELL's 154.1x P/E. On an enterprise value basis, MRP's 13.3x EV/EBITDA is more attractive than WELL's 66.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.5B | $150.1B |
| Enterprise ValueMkt cap + debt − cash | $6.6B | $166.4B |
| Trailing P/EPrice ÷ TTM EPS | 11.94x | 154.12x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.41x | 73.96x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 13.35x | 66.74x |
| Price / SalesMarket cap ÷ Revenue | 7.48x | 14.07x |
| Price / BookPrice ÷ Book value/share | 0.83x | 3.37x |
| Price / FCFMarket cap ÷ FCF | 1.22x | 52.70x |
Profitability & Efficiency
MRP leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
MRP delivers a 7.9% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $3 for WELL. MRP carries lower financial leverage with a 0.36x debt-to-equity ratio, signaling a more conservative balance sheet compared to WELL's 0.49x. On the Piotroski fundamental quality scale (0–9), WELL scores 7/9 vs MRP's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +7.9% | +3.5% |
| ROA (TTM)Return on assets | +5.2% | +2.3% |
| ROICReturn on invested capital | +5.6% | +0.5% |
| ROCEReturn on capital employed | +6.6% | +0.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.36x | 0.49x |
| Net DebtTotal debt minus cash | $2.1B | $16.3B |
| Cash & Equiv.Liquid assets | $35M | $5.0B |
| Total DebtShort + long-term debt | $2.1B | $21.4B |
| Interest CoverageEBIT ÷ Interest expense | 5.36x | 0.26x |
Total Returns (Dividends Reinvested)
WELL leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WELL five years ago would be worth $27,976 today (with dividends reinvested), compared to $14,786 for MRP. Over the past 12 months, WELL leads with a +43.0% total return vs MRP's +17.3%. The 3-year compound annual growth rate (CAGR) favors WELL at 39.5% vs MRP's 13.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +2.7% | +15.4% |
| 1-Year ReturnPast 12 months | +17.3% | +43.0% |
| 3-Year ReturnCumulative with dividends | +47.9% | +171.7% |
| 5-Year ReturnCumulative with dividends | +47.9% | +179.8% |
| 10-Year ReturnCumulative with dividends | +47.9% | +234.6% |
| CAGR (3Y)Annualised 3-year return | +13.9% | +39.5% |
Risk & Volatility
WELL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WELL is the less volatile stock with a 0.04 beta — it tends to amplify market swings less than MRP's 0.82 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WELL currently trades 96.6% from its 52-week high vs MRP's 80.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.82x | 0.04x |
| 52-Week HighHighest price in past year | $36.00 | $221.68 |
| 52-Week LowLowest price in past year | $26.30 | $148.97 |
| % of 52W HighCurrent price vs 52-week peak | +80.9% | +96.6% |
| RSI (14)Momentum oscillator 0–100 | 58.3 | 52.1 |
| Avg Volume (50D)Average daily shares traded | 1.3M | 2.5M |
Analyst Outlook
Evenly matched — MRP and WELL each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates MRP as "Buy" and WELL as "Buy". For income investors, MRP offers the higher dividend yield at 6.18% vs WELL's 1.29%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $239.11 |
| # AnalystsCovering analysts | 3 | 34 |
| Dividend YieldAnnual dividend ÷ price | +6.2% | +1.3% |
| Dividend StreakConsecutive years of raises | 1 | 2 |
| Dividend / ShareAnnual DPS | $1.80 | $2.76 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
MRP leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). WELL leads in 2 (Total Returns, Risk & Volatility). 1 tied.
MRP vs WELL: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MRP or WELL a better buy right now?
Millrose Properties, Inc.
(MRP) offers the better valuation at 11. 9x trailing P/E (9. 4x forward), making it the more compelling value choice. Analysts rate Millrose Properties, Inc. (MRP) a "Buy" — based on 3 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MRP or WELL?
On trailing P/E, Millrose Properties, Inc.
(MRP) is the cheapest at 11. 9x versus Welltower Inc. at 154. 1x. On forward P/E, Millrose Properties, Inc. is actually cheaper at 9. 4x.
03Which is the better long-term investment — MRP or WELL?
Over the past 5 years, Welltower Inc.
(WELL) delivered a total return of +179. 8%, compared to +47. 9% for Millrose Properties, Inc. (MRP). Over 10 years, the gap is even starker: WELL returned +234. 6% versus MRP's +47. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MRP or WELL?
By beta (market sensitivity over 5 years), Welltower Inc.
(WELL) is the lower-risk stock at 0. 04β versus Millrose Properties, Inc. 's 0. 82β — meaning MRP is approximately 1900% more volatile than WELL relative to the S&P 500. On balance sheet safety, Millrose Properties, Inc. (MRP) carries a lower debt/equity ratio of 36% versus 49% for Welltower Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MRP or WELL?
On earnings-per-share growth, the picture is similar: Millrose Properties, Inc.
grew EPS 264. 9% year-over-year, compared to -11. 5% for Welltower Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MRP or WELL?
Millrose Properties, Inc.
(MRP) is the more profitable company, earning 63. 3% net margin versus 8. 8% for Welltower Inc. — meaning it keeps 63. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MRP leads at 80. 9% versus 3. 3% for WELL. At the gross margin level — before operating expenses — MRP leads at 85. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MRP or WELL more undervalued right now?
On forward earnings alone, Millrose Properties, Inc.
(MRP) trades at 9. 4x forward P/E versus 74. 0x for Welltower Inc. — 64. 6x cheaper on a one-year earnings basis.
08Which pays a better dividend — MRP or WELL?
All stocks in this comparison pay dividends.
Millrose Properties, Inc. (MRP) offers the highest yield at 6. 2%, versus 1. 3% for Welltower Inc. (WELL).
09Is MRP or WELL better for a retirement portfolio?
For long-horizon retirement investors, Welltower Inc.
(WELL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 04), 1. 3% yield, +234. 6% 10Y return). Both have compounded well over 10 years (WELL: +234. 6%, MRP: +47. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MRP and WELL?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MRP is a small-cap deep-value stock; WELL is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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