Icahn Enterprises (IEP) Cash from Operations (2010 - 2026)
Icahn Enterprises' Cash from Operations was $116 million in Q2 2026, down 57.8% from $275 million a year earlier and down 70.8% from the prior quarter.
Powered by 
Analysis
Icahn Enterprises (IEP) Cash from Operations (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Icahn Enterprises' Cash from Operations was $107 million through Jun 30, 2026, down 62.2% year-over-year; for FY2025, it came in at -$313 million.
- In earlier years, Cash from Operations was $832 million in FY2024 (-77.7%), $3.74 billion in FY2023 (+254.1%), $1.06 billion in FY2022 (+228.7%) and $321 million in FY2021.
- Quarterly Cash from Operations has moved between -$2.29 billion (Q4 2022) and $1.92 billion (Q1 2022) over five years.
- The best year-over-year quarter for Cash from Operations over five years was Q2 2022 (growth of 279.1%); the worst was Q1 2023 (a decline of 86.2%).
- Per Business Quant data, IEP's Cash from Operations in the three quarters before Q2 2026 was $397 million (Q1 2026), -$421 million (Q4 2025) and $15 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 10.33 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 5.58 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 1.51 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 1.59 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 1.10 Bn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 1.16 Bn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 307.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 262.90 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 116.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 282.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.00 Mn |
| Mar 31, 2026 | 397.00 Mn |
| Dec 31, 2025 | -421.00 Mn |
| Sep 30, 2025 | 15.00 Mn |
| Jun 30, 2025 | 275.00 Mn |
| Mar 31, 2025 | -182.00 Mn |
| Dec 31, 2024 | 244.00 Mn |
| Sep 30, 2024 | -54.00 Mn |
| Jun 30, 2024 | 893.00 Mn |
| Mar 31, 2024 | -251.00 Mn |
| Dec 31, 2023 | 115.00 Mn |
| Sep 30, 2023 | 1.63 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 265.00 Mn |
| Dec 31, 2022 | -2.29 Bn |
| Sep 30, 2022 | 711.00 Mn |
| Jun 30, 2022 | 709.00 Mn |
| Mar 31, 2022 | 1.92 Bn |
| Dec 31, 2021 | 255.00 Mn |
| Sep 30, 2021 | 430.00 Mn |
API Access
Icahn Enterprises Cash from Operations 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=cash-from-operations&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "IEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();