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Millrose Properties, Inc. cash flow statement

In fiscal 2025, Millrose Properties, Inc.'s operations generated $3.67bn of cash. It returned $299m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Millrose Properties, Inc.: cash flow statement, annual
Fiscal year2025Dec 2025LTMJun 2026
Cash from operations3,6733,746
Stock-based pay11
Dividends paid299486

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Millrose Properties, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Millrose Properties, Inc.