Icahn Enterprises (IEP) Free Cash Flow (2010 - 2026)
Icahn Enterprises (IEP) reported Free Cash Flow of $283.0 million for Q1 2026, up 204.81% on a YoY basis from $92.8 million in Q1 2025, and up 157.06% quarter-over-quarter from -$496.0 million in Q4 2025.
Icahn Enterprises (IEP) Free Cash Flow (2010 - 2026) Analysis & Trends
Icahn Enterprises has reported Free Cash Flow for 10 years, with the latest figure at $283.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 204.81% year-over-year to $283.0 million; the trailing twelve-month figure through Mar 2026 stood at -$101.0 million (down 116.81% YoY), and the FY2025 full-year result was -$654.0 million, down 218.48% from the prior year.
- Free Cash Flow for Q1 2026 stood at $283.0 million, up from -$496.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $1.9 billion in Q1 2022, with the low at -$2.4 billion in Q4 2022.
- Historically, Free Cash Flow has averaged $254.8 million across 5 years, with a median of $179.0 million in 2025.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 1353.44% — and 2024, when it soared 1100.0%.
- Icahn Enterprises' Free Cash Flow 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 208.00 Mn |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 1.14 Bn |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | -2.85 Bn |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 355.00 Mn |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 255.00 Mn |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 622.72 Mn |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 283.00 Mn |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | -346.90 Mn |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 17.00 Mn |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 273.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 13.00 Mn |
| Dec 31, 2023 | 13.00 Mn |