vs

Side-by-side financial comparison of DigitalBridge Group, Inc. (DBRG) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.

Millrose Properties, Inc. is the larger business by last-quarter revenue ($189.5M vs $105.7M, roughly 1.8× DigitalBridge Group, Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs 61.5%, a 3.0% gap on every dollar of revenue.

DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has offices in Los Angeles, New York, Denver, London, and Singapore. As of June 2025, DigitalBridge had US$106 billion of assets under management.

Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.

DBRG vs MRP — Head-to-Head

Bigger by revenue
MRP
MRP
1.8× larger
MRP
$189.5M
$105.7M
DBRG
Higher net margin
MRP
MRP
3.0% more per $
MRP
64.5%
61.5%
DBRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DBRG
DBRG
MRP
MRP
Revenue
$105.7M
$189.5M
Net Profit
$65.1M
$122.2M
Gross Margin
Operating Margin
84.8%
Net Margin
61.5%
64.5%
Revenue YoY
4.1%
Net Profit YoY
285.8%
EPS (diluted)
$0.28
$0.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DBRG
DBRG
MRP
MRP
Q4 25
$105.7M
$189.5M
Q3 25
$93.3M
$179.3M
Q2 25
$85.3M
$149.0M
Q1 25
$90.1M
$82.7M
Q4 24
$101.6M
Q3 24
$76.6M
Q2 24
$390.3M
Q1 24
$74.4M
Net Profit
DBRG
DBRG
MRP
MRP
Q4 25
$65.1M
$122.2M
Q3 25
$31.4M
$105.1M
Q2 25
$31.6M
$112.8M
Q1 25
$13.8M
$39.8M
Q4 24
Q3 24
$13.8M
Q2 24
$91.4M
Q1 24
$-29.6M
Operating Margin
DBRG
DBRG
MRP
MRP
Q4 25
84.8%
Q3 25
-13.9%
85.3%
Q2 25
-31.2%
85.1%
Q1 25
-11.5%
55.2%
Q4 24
5.7%
Q3 24
62.4%
Q2 24
33.5%
Q1 24
-20.7%
Net Margin
DBRG
DBRG
MRP
MRP
Q4 25
61.5%
64.5%
Q3 25
33.7%
58.6%
Q2 25
37.1%
75.7%
Q1 25
15.3%
48.1%
Q4 24
Q3 24
18.0%
Q2 24
23.4%
Q1 24
-39.8%
EPS (diluted)
DBRG
DBRG
MRP
MRP
Q4 25
$0.28
$0.74
Q3 25
$0.09
$0.63
Q2 25
$0.10
$0.68
Q1 25
$-0.01
$0.39
Q4 24
Q3 24
$-0.01
Q2 24
$0.44
Q1 24
$-0.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DBRG
DBRG
MRP
MRP
Cash + ST InvestmentsLiquidity on hand
$382.5M
$35.0M
Total DebtLower is stronger
$298.8M
Stockholders' EquityBook value
$2.1B
$5.9B
Total Assets
$3.4B
$9.3B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBRG
DBRG
MRP
MRP
Q4 25
$382.5M
$35.0M
Q3 25
$358.4M
$242.6M
Q2 25
$340.7M
$66.6M
Q1 25
$349.9M
$89.5M
Q4 24
$302.2M
Q3 24
$294.4M
Q2 24
$261.2M
Q1 24
$247.4M
Total Debt
DBRG
DBRG
MRP
MRP
Q4 25
$298.8M
Q3 25
$327.9M
Q2 25
$298.0M
Q1 25
$296.9M
Q4 24
$296.4M
Q3 24
$295.8M
Q2 24
$295.3M
Q1 24
$366.5M
Stockholders' Equity
DBRG
DBRG
MRP
MRP
Q4 25
$2.1B
$5.9B
Q3 25
$2.1B
$5.9B
Q2 25
$2.0B
$5.9B
Q1 25
$2.0B
$5.9B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$1.8B
Total Assets
DBRG
DBRG
MRP
MRP
Q4 25
$3.4B
$9.3B
Q3 25
$3.5B
$9.0B
Q2 25
$3.4B
$8.0B
Q1 25
$3.4B
$7.2B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$3.5B
Q1 24
$3.5B
Debt / Equity
DBRG
DBRG
MRP
MRP
Q4 25
0.14×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DBRG
DBRG
MRP
MRP
Operating Cash FlowLast quarter
$259.3M
$3.7B
Free Cash FlowOCF − Capex
$258.0M
FCF MarginFCF / Revenue
244.0%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
3.99×
30.05×
TTM Free Cash FlowTrailing 4 quarters
$440.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBRG
DBRG
MRP
MRP
Q4 25
$259.3M
$3.7B
Q3 25
$56.5M
$123.1M
Q2 25
$77.0M
$109.1M
Q1 25
$50.3M
$21.3M
Q4 24
$60.1M
Q3 24
$35.9M
Q2 24
$22.5M
Q1 24
$-27.0M
Free Cash Flow
DBRG
DBRG
MRP
MRP
Q4 25
$258.0M
Q3 25
$56.1M
Q2 25
$76.4M
Q1 25
$50.0M
Q4 24
$56.5M
Q3 24
Q2 24
$22.3M
Q1 24
$-30.1M
FCF Margin
DBRG
DBRG
MRP
MRP
Q4 25
244.0%
Q3 25
60.2%
Q2 25
89.5%
Q1 25
55.5%
Q4 24
55.7%
Q3 24
Q2 24
5.7%
Q1 24
-40.4%
Capex Intensity
DBRG
DBRG
MRP
MRP
Q4 25
1.3%
Q3 25
0.4%
Q2 25
0.7%
Q1 25
0.3%
Q4 24
3.5%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
4.1%
Cash Conversion
DBRG
DBRG
MRP
MRP
Q4 25
3.99×
30.05×
Q3 25
1.80×
1.17×
Q2 25
2.43×
0.97×
Q1 25
3.65×
0.53×
Q4 24
Q3 24
2.61×
Q2 24
0.25×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons