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

Millrose Properties' (MRP) quarterly Free Cash Flow came in at $797.3 million in Q1 2026, up 11.71% year-on-year from $713.7 million in Q1 2025, and down 76.68% quarter-over-quarter from $3.4 billion in Q4 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.

  • On a quarterly basis, Free Cash Flow rose 11.71% year-over-year to $797.3 million in Q1 2026; TTM through Mar 2026 was $3.8 billion, a 1073.61% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 500.44% from the prior year.
  • Free Cash Flow eased to $797.3 million in Q1 2026 per MRP's latest filing, from $3.4 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $3.4 billion in Q4 2025 and bottomed at -$1.2 billion in Q4 2024.
  • The 3-year median for Free Cash Flow is $182.4 million (2024), against an average of $394.8 million.
  • Biggest YoY gain for Free Cash Flow was 390.41% in 2025; the steepest drop was 239.71% in 2025.
  • Year by year, Free Cash Flow stood at -$1.2 billion in 2024, then soared by 390.41% to $3.4 billion in 2025, then sank by 76.68% to $797.3 million in 2026.
  • Per Business Quant, the three latest MRP Free Cash Flow figures stand at $797.3 million (Q1 2026), $3.4 billion (Q4 2025), and $123.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 82.11 Mn
2 Equity Residential 25.80 Bn 25.80 Bn - 357.18 Mn
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 221.50 Mn
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 158.60 Mn
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 162.30 Mn
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 100.23 Mn
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 148.95 Mn
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - 203.06 Mn
9 Camden Property Trust 11.94 Bn 11.94 Bn - 148.11 Mn
10 Millrose Properties 4.76 Bn 4.76 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