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Side-by-side financial comparison of Millrose Properties, Inc. (MRP) and SEACOAST BANKING CORP OF FLORIDA (SBCF). Click either name above to swap in a different company.

SEACOAST BANKING CORP OF FLORIDA is the larger business by last-quarter revenue ($203.3M vs $194.9M, roughly 1.0× Millrose Properties, Inc.). On growth, Millrose Properties, Inc. posted the faster year-over-year revenue change (135.7% vs 53.0%).

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.

Seacoast Banking Corporation of Florida is a Florida-headquartered US financial holding company. It provides full consumer and commercial banking services including deposits, personal and business loans, wealth management and insurance, serving individuals, SMEs and local commercial entities mainly across Florida's regional markets.

MRP vs SBCF — Head-to-Head

Bigger by revenue
SBCF
SBCF
1.0× larger
SBCF
$203.3M
$194.9M
MRP
Growing faster (revenue YoY)
MRP
MRP
+82.7% gap
MRP
135.7%
53.0%
SBCF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MRP
MRP
SBCF
SBCF
Revenue
$194.9M
$203.3M
Net Profit
$122.9M
Gross Margin
Operating Margin
85.2%
21.4%
Net Margin
63.0%
Revenue YoY
135.7%
53.0%
Net Profit YoY
208.7%
EPS (diluted)
$0.74
$0.28

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
MRP
MRP
SBCF
SBCF
Q1 26
$194.9M
Q4 25
$189.5M
$203.3M
Q3 25
$179.3M
$157.3M
Q2 25
$149.0M
$151.4M
Q1 25
$82.7M
$140.7M
Q4 24
$132.9M
Q3 24
$130.3M
Q2 24
$126.6M
Net Profit
MRP
MRP
SBCF
SBCF
Q1 26
$122.9M
Q4 25
$122.2M
Q3 25
$105.1M
$36.5M
Q2 25
$112.8M
$42.7M
Q1 25
$39.8M
$31.5M
Q4 24
Q3 24
$30.7M
Q2 24
$30.2M
Operating Margin
MRP
MRP
SBCF
SBCF
Q1 26
85.2%
Q4 25
84.8%
21.4%
Q3 25
85.3%
29.8%
Q2 25
85.1%
36.5%
Q1 25
55.2%
29.0%
Q4 24
32.8%
Q3 24
30.1%
Q2 24
30.9%
Net Margin
MRP
MRP
SBCF
SBCF
Q1 26
63.0%
Q4 25
64.5%
Q3 25
58.6%
23.2%
Q2 25
75.7%
28.2%
Q1 25
48.1%
22.4%
Q4 24
Q3 24
23.5%
Q2 24
23.9%
EPS (diluted)
MRP
MRP
SBCF
SBCF
Q1 26
$0.74
Q4 25
$0.74
$0.28
Q3 25
$0.63
$0.42
Q2 25
$0.68
$0.50
Q1 25
$0.39
$0.37
Q4 24
$0.39
Q3 24
$0.36
Q2 24
$0.36

Balance Sheet & Financial Strength

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

Metric
MRP
MRP
SBCF
SBCF
Cash + ST InvestmentsLiquidity on hand
$388.5M
Total DebtLower is stronger
$112.8M
Stockholders' EquityBook value
$5.9B
$2.7B
Total Assets
$9.6B
$20.8B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRP
MRP
SBCF
SBCF
Q1 26
Q4 25
$35.0M
$388.5M
Q3 25
$242.6M
$306.0M
Q2 25
$66.6M
$332.4M
Q1 25
$89.5M
$500.6M
Q4 24
$476.6M
Q3 24
$637.1M
Q2 24
$749.5M
Total Debt
MRP
MRP
SBCF
SBCF
Q1 26
Q4 25
$112.8M
Q3 25
$107.5M
Q2 25
$107.3M
Q1 25
$107.1M
Q4 24
$107.0M
Q3 24
$106.8M
Q2 24
$106.6M
Stockholders' Equity
MRP
MRP
SBCF
SBCF
Q1 26
$5.9B
Q4 25
$5.9B
$2.7B
Q3 25
$5.9B
$2.4B
Q2 25
$5.9B
$2.3B
Q1 25
$5.9B
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.1B
Total Assets
MRP
MRP
SBCF
SBCF
Q1 26
$9.6B
Q4 25
$9.3B
$20.8B
Q3 25
$9.0B
$16.7B
Q2 25
$8.0B
$15.9B
Q1 25
$7.2B
$15.7B
Q4 24
$15.2B
Q3 24
$15.2B
Q2 24
$15.0B
Debt / Equity
MRP
MRP
SBCF
SBCF
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
MRP
MRP
SBCF
SBCF
Operating Cash FlowLast quarter
$188.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRP
MRP
SBCF
SBCF
Q1 26
Q4 25
$3.7B
$188.1M
Q3 25
$123.1M
$30.2M
Q2 25
$109.1M
$72.3M
Q1 25
$21.3M
$31.0M
Q4 24
$179.9M
Q3 24
$53.4M
Q2 24
$56.9M
Cash Conversion
MRP
MRP
SBCF
SBCF
Q1 26
Q4 25
30.05×
Q3 25
1.17×
0.83×
Q2 25
0.97×
1.69×
Q1 25
0.53×
0.99×
Q4 24
Q3 24
1.74×
Q2 24
1.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MRP
MRP

Option fee revenues$185.3M95%
Development loan income$9.6M5%

SBCF
SBCF

Segment breakdown not available.

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