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 | 26.63 Bn | 26.85 Bn | - | 82.11 Mn |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 357.18 Mn |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 221.50 Mn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 158.60 Mn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 162.30 Mn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | 100.23 Mn |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 148.95 Mn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | 203.06 Mn |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | 148.11 Mn |
| 10 | Millrose Properties | 4.70 Bn | 4.70 Bn | - | 797.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |