Icahn Enterprises (IEP) Free Cash Flow (2010 - 2026)
Icahn Enterprises' (IEP) quarterly Free Cash Flow came in at $283.0 million in Q1 2026, up 204.81% YoY from $92.8 million in Q1 2025, and up 157.06% on a QoQ basis from -$496.0 million in Q4 2025.
Icahn Enterprises (IEP) Free Cash Flow (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has 10 years of Free Cash Flow data on file, last reported at $283.0 million in Q1 2026.
- Quarterly Free Cash Flow rose 204.81% year-over-year to $283.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$101.0 million (down 116.81% YoY) and the FY2025 annual result came in at -$654.0 million, down 218.48% from the prior year.
- Free Cash Flow rose to $283.0 million in Q1 2026, from -$496.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $1.9 billion in Q1 2022 to a low of -$2.4 billion in Q4 2022.
- A 5-year average of $254.8 million and a median of $179.0 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 1353.44% — and 2024, when it soared 1100.0%.
- Tracing IEP's Free Cash Flow over 5 years: stood at -$2.4 billion in 2022, then soared by 100.55% to $13.0 million in 2023, then soared by 1100.0% to $156.0 million in 2024, then sank by 417.95% to -$496.0 million in 2025, then soared by 157.06% to $283.0 million in 2026.
- The last three Free Cash Flow figures came in at $283.0 million (Q1 2026), -$496.0 million (Q4 2025), and -$67.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.97 Bn | 88.20 Bn | 9.27 Bn | 9.14 Bn |
| 2 | Valero Energy | 94.92 Bn | 87.05 Bn | 5.47 Bn | 5.45 Bn |
| 3 | Phillips 66 | 89.40 Bn | 85.30 Bn | 8.38 Bn | 6.53 Bn |
| 4 | HF Sinclair | 15.54 Bn | 13.28 Bn | 1.57 Bn | 1.39 Bn |
| 5 | Sunoco | 10.16 Bn | 9.39 Bn | 1.46 Bn | 928.00 Mn |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 1.46 Bn |
| 7 | Cosan | 6.52 Bn | 1.41 Bn | 552.94 Mn | -2.64 Bn |
| 8 | Ultrapar Holdings | 6.40 Bn | 4.68 Bn | 603.08 Mn | 279.50 Mn |
| 9 | Icahn Enterprises | 5.05 Bn | 3.08 Bn | 198.00 Mn | 36.00 Mn |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn | 89.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| Jun 30, 2026 | 36.00 Mn |
| Mar 31, 2026 | 283.00 Mn |
| Mar 31, 2026 | 283.00 Mn |
| Dec 31, 2025 | -496.00 Mn |
| Dec 31, 2025 | -496.00 Mn |
| Sep 30, 2025 | -67.00 Mn |
| Sep 30, 2025 | -67.00 Mn |
| Jun 30, 2025 | 179.00 Mn |
| Jun 30, 2025 | 179.00 Mn |
| Mar 31, 2025 | -270.00 Mn |
| Mar 31, 2025 | -270.00 Mn |
| Dec 31, 2024 | 156.00 Mn |
| Dec 31, 2024 | 156.00 Mn |
| Sep 30, 2024 | -112.00 Mn |
| Sep 30, 2024 | -112.00 Mn |
| Jun 30, 2024 | 827.00 Mn |
| Jun 30, 2024 | 827.00 Mn |
| Mar 31, 2024 | -319.00 Mn |
| Mar 31, 2024 | -319.00 Mn |