Growth Metrics

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

Millrose Properties' 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 has reported Free Cash Flow for 3 years, with the latest figure at $797.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 11.71% year-over-year to $797.3 million; the trailing twelve-month figure through Mar 2026 stood at $3.8 billion (up 1073.61% YoY), and the FY2025 full-year result was $3.7 billion, up 500.44% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $797.3 million, down from $3.4 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $3.4 billion in Q4 2025, with the low at -$1.2 billion in Q4 2024.
  • Average Free Cash Flow over 3 years is $394.8 million, with a median of $182.4 million recorded in 2024.
  • Peak annual rise in Free Cash Flow reached 390.41% in 2025, while the deepest fall reached 239.71% in 2025.
  • Tracing MRP's Free Cash Flow over 3 years: stood at -$1.2 billion in 2024, then jumped by 390.41% to $3.4 billion in 2025, then slumped 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 25.91 Bn 26.13 Bn - 359.48 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - -192.61 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 236.00 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 162.30 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 158.60 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 112.16 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 85.28 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 148.95 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 54.08 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - 797.30 Mn

Historic Data

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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