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Millrose Properties, Inc. (MRP)

Millrose Properties, Inc. (MRP)

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Cash Flow Overview

Change in Cash
-$15,105K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Takedowns of homesites under opt...
    • Proceeds from revolving credit f...
    • Paydowns of development loans
    • Others
Negative Cash Flow Breakdown
    • Investments in homesites under o...
    • Repayments of revolving credit f...
    • Dividends paid to stockholders
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
125,881
122,884
122,238
105,060
Provision for (benefit from) credit loss expense
-907
-
665
340
Sales, general, and administrative expenses from pre-spin periods
-
-
0
0
Interest paid-in-kind
1,453
9,629
17,615
6,232
Stock-based compensation expense
217
692
307
189
Amortization of debt issuance and financing costs
2,368
2,342
2,393
16,360
Option fee receivables
-
-
-
11,601
Other assets
132
-284
104
7,663
Other liabilities
33,823
-30,027
31,676
11,762
Deferred tax liabilities
2,597
4,624
5,500
14,920
Takedowns of homesites under option contracts, net of builder deposit credits
-723,618
-706,131
-3,216,008
-
Net cash flows from operating activities
886,012
797,301
3,419,304
123,135
Option deposits from lennar, spin-off
-
-
0
0
Acquisition of rausch land assets, net of builder deposits
-
-
0
0
Investment in homesite inventory, net of builder deposits
-
-
-
3,729,194
Investments in homesites under option contracts, net of builder deposits
-1,110,614
-977,419
-5,149,382
-
Sales of homesite inventory, net of builder deposit credits
-
-
-
2,224,076
Other deposits
-
-
-1,738
-
Investments in development loans
-11,216
-8,350
-15,415
-338,391
Paydowns of development loans
286,993
23,749
43,767
9,539
Net cash used in investing activities
-834,837
-962,020
-3,614,174
-775,065
Cash contribution from lennar, spin-off
-
-
0
0
Payments for spin-off deal costs
-
-
0
0
Financing and issuance cost payments for debt obligations
0
11,548
1,480
56,459
Proceeds from revolving credit facility and delayed draw term loan facility borrowings
615,000
-
260,000
2,575,000
Repayments of revolving credit facility and delayed draw term loan facility borrowings
240,000
-
150,000
2,575,000
Proceeds from revolving credit facility
-
-600,000
-
-
Proceeds from senior notes
-
-
0
2,000,000
Repayments of revolving credit facility
-
-890,000
-
-
Dividends paid to stockholders
126,162
124,503
121,182
114,543
Payment of seller notes
-
-
0
0
Dividend accrual rights paid to stockholders
118
-
-
-
Net cash flows from financing activities
-66,280
178,949
-12,662
827,933
Net (decrease) increase in cash
-15,105
14,230
-207,532
176,003
Cash at beginning of period
49,276
35,046
242,578
0
Cash at end of period
34,171
49,276
35,046
242,578
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Takedowns of homesitesunder option...-$723,618K Net income$125,881K (-17.49%↓ Y/Y)Other liabilities$33,823K (702.06%↑ Y/Y)Deferred tax liabilities$2,597K (2817.98%↑ Y/Y)Amortization of debt issuanceand financing costs$2,368K (55.79%↑ Y/Y)Stock-based compensationexpense$217K (19.89%↑ Y/Y)Net cash flows fromoperating activities$886,012K (579.55%↑ Y/Y)Canceled cashflow$2,492K Net (decrease)increase in cash-$15,105K (-122.69%↓ Y/Y)Canceled cashflow$886,012K Paydowns of developmentloans$286,993K Proceeds from revolvingcredit facility and...$615,000K Interest paid-in-kind$1,453K (-74.32%↓ Y/Y)Provision for (benefitfrom) credit loss...-$907K Other assets$132K (-84.63%↓ Y/Y)Net cash used ininvesting activities-$834,837K (37.37%↑ Y/Y)Canceled cashflow$286,993K Net cash flows fromfinancing activities-$66,280K (-105.22%↓ Y/Y)Canceled cashflow$615,000K Investments in homesitesunder option...-$1,110,614K Investments in developmentloans-$11,216K something is missing-$315,000K Repayments of revolvingcredit facility and...$240,000K Dividends paid tostockholders$126,162K (100.00%↑ Y/Y)Dividend accrual rightspaid to stockholders$118K