Stephen Hensley
Senior Market Risk Analyst
Replay available
Millrose Properties, Inc. Class A (NYSE: MRP) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

Senior Market Risk Analyst
Head of Financial Planning and Analysis
Analyst, Wood City
Chief Financial Officer
Analyst, Goldman Sachs
Chief Operating Officer
Chief Executive Officer and President
Watch the replay and follow the connected company analysis, news, and investor updates for Millrose Properties, Inc..
WEBVTT 00:00:01.718 -- 00:00:04.562 Ladies and gentlemen, thank you for standing by. 00:00:04.562 -- 00:00:09.909 At this time, I would like to welcome everyone to Melrose Properties' 00:00:09.909 -- 00:00:15.636 fourth quarter and full year 2025 earnings results conference call. 00:00:15.636 -- 00:00:19.501 All lights have been placed on mute to prevent any background noise. 00:00:19.501 -- 00:00:23.106 After the speaker's remarks, there will be a question and answer session. 00:00:23.106 -- 00:00:28.393 If you would like to ask a question during this time, simply press star followed 00:00:28.393 -- 00:00:31.132 by the number one on your telephone keypad. 00:00:31.132 -- 00:00:34.395 If you would like to withdraw your question, press star 1 again. 00:00:34.395 -- 00:00:39.720 Thank you. I will now turn the call over to Jesse Ross, Milrose 00:00:39.720 -- 00:00:46.464 Head of Financial Planning and Analysis. Jesse, you may begin your conference. 00:00:47.707 -- 00:00:50.510 Good morning, and thank you for joining us. 00:00:50.510 -- 00:00:55.654 With us today to discuss Milrose Properties' fourth quarter and full year 2025 00:00:55.654 -- 00:01:01.422 results are Darren Richmond, our Chief Executive Officer and President, Robert Nitkin, 00:01:01.422 -- 00:01:06.848 our Chief Operating Officer, Garrett Rosenblum, our Chief Financial Officer, and 00:01:06.848 -- 00:01:10.353 Stephen Hensley, our Senior Market Risk Analyst. 00:01:10.353 -- 00:01:14.558 Before we begin, I'd like to remind everyone that today's call may include forward-looking 00:01:14.558 -- 00:01:18.303 statements and references to non-GAAP financial measures. 00:01:18.303 -- 00:01:22.908 These statements are subject to risks and uncertainties that could cause actual results 00:01:22.908 -- 00:01:26.052...