Icahn Enterprises (IEP) Net Cash Flow (2010 - 2026)
Icahn Enterprises' (IEP) quarterly Net Cash Flow came in at -$102.0 million in Q2 2026, up 74.24% on a YoY basis from -$58.5 million in Q2 2025, and up 18.4% quarter-over-quarter from -$125.0 million in Q1 2026.
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Analysis
Icahn Enterprises (IEP) Net Cash Flow (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has reported Net Cash Flow for 10 consecutive years, with -$102.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Cash Flow rose 74.24% year-over-year to -$102.0 million; the trailing twelve-month figure through Jun 2026 stood at -$1.3 billion (down 8.61% YoY), and the FY2025 full-year result was -$1.8 billion, down 157.79% from the prior year.
- Net Cash Flow rose to -$102.0 million in Q2 2026 per IEP's latest filing, from -$125.0 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $1.5 billion in Q1 2022 and bottomed at -$2.3 billion in Q4 2022.
- Historically, Net Cash Flow has averaged -$68.9 million across 5 years, with a median of -$113.5 million in 2026.
- The widest YoY moves for Net Cash Flow: up 21100.0% in 2024, down 549.75% in 2024.
- Over 5 years, Net Cash Flow stood at -$2.3 billion in 2022, then surged by 92.87% to -$165.0 million in 2023, then jumped by 406.06% to $505.0 million in 2024, then sank by 220.79% to -$610.0 million in 2025, then surged by 83.28% to -$102.0 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$102.0 million, -$125.0 million, and -$610.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 5.62 Bn |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 2.19 Bn |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 1.12 Bn |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 55.00 Mn |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 352.30 Mn |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 86.35 Mn |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 225.00 Mn |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -102.00 Mn |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 4.50 Mn |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 19.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -102.00 Mn |
| Mar 31, 2026 | -125.00 Mn |
| Dec 31, 2025 | -610.00 Mn |
| Sep 30, 2025 | -449.00 Mn |
| Jun 30, 2025 | -396.00 Mn |
| Mar 31, 2025 | -365.00 Mn |
| Dec 31, 2024 | 505.00 Mn |
| Sep 30, 2024 | -928.00 Mn |
| Jun 30, 2024 | 630.00 Mn |
| Mar 31, 2024 | -913.00 Mn |
| Dec 31, 2023 | -165.00 Mn |
| Sep 30, 2023 | 1.03 Bn |
| Jun 30, 2023 | -3.00 Mn |
| Mar 31, 2023 | 203.00 Mn |
| Dec 31, 2022 | -2.32 Bn |
| Sep 30, 2022 | 539.00 Mn |
| Jun 30, 2022 | 704.00 Mn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 746.00 Mn |
| Sep 30, 2021 | 230.00 Mn |
API Access
Icahn Enterprises Net Cash Flow 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=net-cash-flow&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();