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| 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 |