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
DateValue
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