Icahn Enterprises (IEP) Cash from Operations (2010 - 2026)
Icahn Enterprises' (IEP) quarterly Cash from Operations came in at $116.0 million in Q2 2026, down 57.82% on a YoY basis from $275.0 million in Q2 2025, and down 70.78% quarter-over-quarter from $397.0 million in Q1 2026.
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Icahn Enterprises (IEP) Cash from Operations (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has reported Cash from Operations for 10 consecutive years, with $116.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 57.82% year-over-year to $116.0 million; the trailing twelve-month figure through Jun 2026 stood at $107.0 million (down 62.19% YoY), and the FY2025 full-year result was -$313.0 million, down 137.62% from the prior year.
- Cash from Operations fell to $116.0 million in Q2 2026 per IEP's latest filing, from $397.0 million in the prior quarter.
- Across five years, Cash from Operations topped out at $1.9 billion in Q1 2022 and bottomed at -$2.3 billion in Q4 2022.
- Historically, Cash from Operations has averaged $323.5 million across 5 years, with a median of $254.5 million in 2023.
- The widest YoY moves for Cash from Operations: up 448.46% in 2022, down 996.08% in 2022.
- Over 5 years, Cash from Operations stood at -$2.3 billion in 2022, then soared by 105.03% to $115.0 million in 2023, then surged by 112.17% to $244.0 million in 2024, then sank by 272.54% to -$421.0 million in 2025, then surged by 127.55% to $116.0 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $116.0 million, $397.0 million, and -$421.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 10.33 Bn |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 5.58 Bn |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 1.51 Bn |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 1.10 Bn |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 1.59 Bn |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 946.00 Mn |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 307.00 Mn |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | 116.00 Mn |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 262.90 Mn |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 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();