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

Vroom, Inc. is the larger business by last-quarter revenue ($235.9M vs $189.5M, roughly 1.2× Millrose Properties, Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs -59.8%, a 124.3% gap on every dollar of revenue.

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.

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.

MRP vs VRM — Head-to-Head

Bigger by revenue
VRM
VRM
1.2× larger
VRM
$235.9M
$189.5M
MRP
Higher net margin
MRP
MRP
124.3% more per $
MRP
64.5%
-59.8%
VRM

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
MRP
MRP
VRM
VRM
Revenue
$189.5M
$235.9M
Net Profit
$122.2M
$-141.1M
Gross Margin
12.3%
Operating Margin
84.8%
-11.5%
Net Margin
64.5%
-59.8%
Revenue YoY
12.9%
Net Profit YoY
285.8%
-669.8%
EPS (diluted)
$0.74
$-80.66

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
VRM
VRM
Q4 25
$189.5M
Q3 25
$179.3M
Q2 25
$149.0M
Q1 25
$82.7M
Q4 23
$235.9M
Q3 23
$235.6M
Q2 23
$225.2M
Q1 23
$196.5M
Net Profit
MRP
MRP
VRM
VRM
Q4 25
$122.2M
Q3 25
$105.1M
Q2 25
$112.8M
Q1 25
$39.8M
Q4 23
$-141.1M
Q3 23
$-82.7M
Q2 23
$-66.0M
Q1 23
$-74.7M
Gross Margin
MRP
MRP
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 23
12.3%
Q3 23
20.4%
Q2 23
20.4%
Q1 23
19.8%
Operating Margin
MRP
MRP
VRM
VRM
Q4 25
84.8%
Q3 25
85.3%
Q2 25
85.1%
Q1 25
55.2%
Q4 23
-11.5%
Q3 23
-18.0%
Q2 23
-23.4%
Q1 23
-34.7%
Net Margin
MRP
MRP
VRM
VRM
Q4 25
64.5%
Q3 25
58.6%
Q2 25
75.7%
Q1 25
48.1%
Q4 23
-59.8%
Q3 23
-35.1%
Q2 23
-29.3%
Q1 23
-38.0%
EPS (diluted)
MRP
MRP
VRM
VRM
Q4 25
$0.74
Q3 25
$0.63
Q2 25
$0.68
Q1 25
$0.39
Q4 23
$-80.66
Q3 23
$-47.38
Q2 23
$-37.97
Q1 23
$-43.16

Balance Sheet & Financial Strength

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

Metric
MRP
MRP
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$35.0M
$135.6M
Total DebtLower is stronger
$454.2M
Stockholders' EquityBook value
$5.9B
$127.7M
Total Assets
$9.3B
$1.5B
Debt / EquityLower = less leverage
3.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRP
MRP
VRM
VRM
Q4 25
$35.0M
Q3 25
$242.6M
Q2 25
$66.6M
Q1 25
$89.5M
Q4 23
$135.6M
Q3 23
$208.6M
Q2 23
$237.9M
Q1 23
$316.7M
Total Debt
MRP
MRP
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 23
$454.2M
Q3 23
$521.4M
Q2 23
$544.9M
Q1 23
$554.7M
Stockholders' Equity
MRP
MRP
VRM
VRM
Q4 25
$5.9B
Q3 25
$5.9B
Q2 25
$5.9B
Q1 25
$5.9B
Q4 23
$127.7M
Q3 23
$263.6M
Q2 23
$343.4M
Q1 23
$407.1M
Total Assets
MRP
MRP
VRM
VRM
Q4 25
$9.3B
Q3 25
$9.0B
Q2 25
$8.0B
Q1 25
$7.2B
Q4 23
$1.5B
Q3 23
$1.6B
Q2 23
$1.6B
Q1 23
$1.7B
Debt / Equity
MRP
MRP
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 23
3.56×
Q3 23
1.98×
Q2 23
1.59×
Q1 23
1.36×

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
VRM
VRM
Operating Cash FlowLast quarter
$3.7B
$-108.1M
Free Cash FlowOCF − Capex
$-108.8M
FCF MarginFCF / Revenue
-46.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
30.05×
TTM Free Cash FlowTrailing 4 quarters
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRP
MRP
VRM
VRM
Q4 25
$3.7B
Q3 25
$123.1M
Q2 25
$109.1M
Q1 25
$21.3M
Q4 23
$-108.1M
Q3 23
$-193.5M
Q2 23
$-147.1M
Q1 23
$-85.0M
Free Cash Flow
MRP
MRP
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 23
$-108.8M
Q3 23
$-194.2M
Q2 23
$-147.5M
Q1 23
$-85.8M
FCF Margin
MRP
MRP
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 23
-46.1%
Q3 23
-82.4%
Q2 23
-65.5%
Q1 23
-43.7%
Capex Intensity
MRP
MRP
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 23
0.3%
Q3 23
0.3%
Q2 23
0.2%
Q1 23
0.4%
Cash Conversion
MRP
MRP
VRM
VRM
Q4 25
30.05×
Q3 25
1.17×
Q2 25
0.97×
Q1 25
0.53×
Q4 23
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

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

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