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Side-by-side financial comparison of Hilltop Holdings Inc. (HTH) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.
Hilltop Holdings Inc. is the larger business by last-quarter revenue ($300.5M vs $189.5M, roughly 1.6× Millrose Properties, Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs 13.0%, a 51.5% gap on every dollar of revenue.
Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.
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.
HTH vs MRP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $300.5M | $189.5M |
| Net Profit | $39.0M | $122.2M |
| Gross Margin | — | — |
| Operating Margin | — | 84.8% |
| Net Margin | 13.0% | 64.5% |
| Revenue YoY | — | — |
| Net Profit YoY | -12.4% | 285.8% |
| EPS (diluted) | $0.64 | $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.
| Q1 26 | $300.5M | — | ||
| Q4 25 | $329.9M | $189.5M | ||
| Q3 25 | $330.2M | $179.3M | ||
| Q2 25 | $303.3M | $149.0M | ||
| Q1 25 | $318.5M | $82.7M | ||
| Q4 24 | $301.1M | — | ||
| Q3 24 | $305.5M | — | ||
| Q2 24 | $297.0M | — |
| Q1 26 | $39.0M | — | ||
| Q4 25 | $41.6M | $122.2M | ||
| Q3 25 | $45.8M | $105.1M | ||
| Q2 25 | $36.1M | $112.8M | ||
| Q1 25 | $42.1M | $39.8M | ||
| Q4 24 | $35.5M | — | ||
| Q3 24 | $29.7M | — | ||
| Q2 24 | $20.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | 84.8% | ||
| Q3 25 | 18.4% | 85.3% | ||
| Q2 25 | 16.3% | 85.1% | ||
| Q1 25 | 18.1% | 55.2% | ||
| Q4 24 | 14.7% | — | ||
| Q3 24 | 13.9% | — | ||
| Q2 24 | 10.0% | — |
| Q1 26 | 13.0% | — | ||
| Q4 25 | 12.6% | 64.5% | ||
| Q3 25 | 13.9% | 58.6% | ||
| Q2 25 | 11.9% | 75.7% | ||
| Q1 25 | 13.2% | 48.1% | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | 9.7% | — | ||
| Q2 24 | 6.8% | — |
| Q1 26 | $0.64 | — | ||
| Q4 25 | $0.68 | $0.74 | ||
| Q3 25 | $0.74 | $0.63 | ||
| Q2 25 | $0.57 | $0.68 | ||
| Q1 25 | $0.65 | $0.39 | ||
| Q4 24 | $0.55 | — | ||
| Q3 24 | $0.46 | — | ||
| Q2 24 | $0.31 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $35.0M |
| Total DebtLower is stronger | $990.8M | — |
| Stockholders' EquityBook value | $2.2B | $5.9B |
| Total Assets | $15.7B | $9.3B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $35.0M | ||
| Q3 25 | — | $242.6M | ||
| Q2 25 | — | $66.6M | ||
| Q1 25 | — | $89.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $990.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $5.9B | ||
| Q3 25 | $2.2B | $5.9B | ||
| Q2 25 | $2.2B | $5.9B | ||
| Q1 25 | $2.2B | $5.9B | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.1B | — |
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.8B | $9.3B | ||
| Q3 25 | $15.6B | $9.0B | ||
| Q2 25 | $15.4B | $8.0B | ||
| Q1 25 | $15.8B | $7.2B | ||
| Q4 24 | $16.3B | — | ||
| Q3 24 | $15.9B | — | ||
| Q2 24 | $15.6B | — |
| Q1 26 | 0.46× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $3.7B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 30.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-38.7M | $3.7B | ||
| Q3 25 | $273.0M | $123.1M | ||
| Q2 25 | $-234.6M | $109.1M | ||
| Q1 25 | $5.8M | $21.3M | ||
| Q4 24 | $273.9M | — | ||
| Q3 24 | $515.6M | — | ||
| Q2 24 | $-435.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-55.5M | — | ||
| Q3 25 | $271.0M | — | ||
| Q2 25 | $-234.6M | — | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $266.8M | — | ||
| Q3 24 | $513.8M | — | ||
| Q2 24 | $-437.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | — | ||
| Q3 25 | 82.1% | — | ||
| Q2 25 | -77.4% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 88.6% | — | ||
| Q3 24 | 168.2% | — | ||
| Q2 24 | -147.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | -0.93× | 30.05× | ||
| Q3 25 | 5.96× | 1.17× | ||
| Q2 25 | -6.50× | 0.97× | ||
| Q1 25 | 0.14× | 0.53× | ||
| Q4 24 | 7.71× | — | ||
| Q3 24 | 17.36× | — | ||
| Q2 24 | -21.41× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
MRP
Segment breakdown not available.
