Millrose Properties (MRP) Free Cash Flow (2024 - 2026)

Millrose Properties (MRP) recorded quarterly Free Cash Flow of $797.3 million in Q1 2026, down 76.68% quarter-over-quarter from $3.4 billion in Q4 2025, and up 11.71% on a YoY basis from $713.7 million in Q1 2025.

Millrose Properties (MRP) Free Cash Flow (2024 - 2026) Analysis & Trends

Millrose Properties' Free Cash Flow history runs 3 years deep, the most recent figure standing at $797.3 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 11.71% year-over-year to $797.3 million; the TTM figure through Mar 2026 stood at $3.8 billion (up 1073.61% YoY), while the FY2025 annual figure was $3.7 billion, up 500.44% from the prior year.
  • Free Cash Flow was $797.3 million for Q1 2026 at Millrose Properties, down from $3.4 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $3.4 billion in Q4 2025 to a low of -$1.2 billion in Q4 2024.
  • Historically, Free Cash Flow has averaged $394.8 million across 3 years, with a median of $182.4 million in 2024.
  • Biggest YoY gain for Free Cash Flow was 390.41% in 2025; the steepest drop was 239.71% in 2025.
  • A 3-year view of Free Cash Flow shows it stood at -$1.2 billion in 2024, then soared by 390.41% to $3.4 billion in 2025, then tumbled by 76.68% to $797.3 million in 2026.
  • The last three Free Cash Flow figures came in at $797.3 million (Q1 2026), $3.4 billion (Q4 2025), and $123.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - 359.48 Mn
2 Equity Residential 24.35 Bn 24.48 Bn - -192.61 Mn
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 236.00 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 158.60 Mn
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 162.30 Mn
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - 112.16 Mn
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 85.28 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 148.95 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn - 54.08 Mn
10 Millrose Properties 4.75 Bn 4.75 Bn - 797.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 797.30 Mn
Mar 31, 2026 797.30 Mn
Dec 31, 2025 3.42 Bn
Dec 31, 2025 3.42 Bn
Sep 30, 2025 123.14 Mn
Sep 30, 2025 123.14 Mn
Jun 30, 2025 -583.35 Mn
Jun 30, 2025 -583.35 Mn
Mar 31, 2025 713.73 Mn
Mar 31, 2025 713.73 Mn
Dec 31, 2024 -1.18 Bn
Dec 31, 2024 -1.18 Bn
Sep 30, 2024 -339.69 Mn
Sep 30, 2024 -339.69 Mn
Jun 30, 2024 417.54 Mn
Jun 30, 2024 417.54 Mn
Mar 31, 2024 182.36 Mn
Mar 31, 2024 182.36 Mn