Millrose Properties (MRP) Free Cash Flow (2024 - 2026)
Millrose Properties (MRP) reported Free Cash Flow of $886.01 million for Q2 2026, down 1.1% from $896.28 million a year earlier but up 11.1% from the prior quarter.
Millrose Properties (MRP) Free Cash Flow (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Millrose Properties' Free Cash Flow came in at $3.75 billion; for FY2025, it came in at $3.67 billion.
- By year, Free Cash Flow came in at -$917.19 million in FY2024 and -$865.12 million in FY2023.
- Five-year quarterly Free Cash Flow spans a low of -$1.36 billion in Q3 2025 and a high of $3.42 billion in Q4 2025.
- Year over year, Free Cash Flow gained in three of the last four quarters, with growth averaging 104.2%.
- Per Business Quant data, the three quarters before Q2 2026 came in at $797.3 million (Q1 2026), $3.42 billion (Q4 2025) and -$1.36 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.55 Bn | 22.38 Bn | - | 40.84 Mn |
| 2 | St Joe | 3.95 Bn | 3.44 Bn | 73.42 Mn | 35.48 Mn |
| 3 | Millrose Properties | 3.88 Bn | 3.52 Bn | - | 886.01 Mn |
| 4 | LandBridge | 2.22 Bn | 2.09 Bn | 65.71 Mn | 40.24 Mn |
| 5 | Opendoor Technologies | 1.99 Bn | -1.83 Bn | 86.00 Mn | -723.00 Mn |
| 6 | Forestar | 1.30 Bn | -43.39 Mn | 84.10 Mn | 32.70 Mn |
| 7 | Five Point Holdings | 662.61 Mn | -795.01 Mn | -23.72 Mn | -10.33 Mn |
| 8 | Tejon Ranch | 437.20 Mn | 356.82 Mn | - | -7.16 Mn |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - | - |
| 10 | Global Asset Management | 182.09 Mn | 179.78 Mn | 236,261.00 | -1.13 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 886.01 Mn |
| Mar 31, 2026 | 797.30 Mn |
| Dec 31, 2025 | 3.42 Bn |
| Sep 30, 2025 | -1.36 Bn |
| Jun 30, 2025 | 896.28 Mn |
| Mar 31, 2025 | -145.21 Mn |
| Dec 31, 2024 | -1.18 Bn |
| Sep 30, 2024 | -339.69 Mn |
| Jun 30, 2024 | 417.54 Mn |
| Mar 31, 2024 | 182.36 Mn |
Millrose Properties Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();