Icahn Enterprises LP (IEP) — Financial Flexibility Index

Latest as of June 2026: 0.02x

Icahn Enterprises LP (IEP) has a Financial Flexibility Index of 0.02x as of June 2026. Free cash flow of $196.00 Million (operating CF $116.00 Million minus capex $80.00 Million) represents 0% of total liabilities ($10.74 Billion). Check IEP cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$196.00 Million
Operating CF − Capex

Total Liabilities

$10.74 Billion
USD

Capital Expenditures

$80.00 Million
USD

Icahn Enterprises LP Financial Flexibility Index (1991–2025)

Historical Financial Flexibility Index trend for Icahn Enterprises LP across 35 annual periods. For the full cash flow conversion analysis, see IEP cash flow metrics.

Annual Financial Flexibility Index for Icahn Enterprises LP (1991–2025)

Year-by-year free cash flow to debt coverage for Icahn Enterprises LP. Explore cash flow to debt ratio of Icahn Enterprises LP to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.00x $28.00 Million $-313.00 Million $10.79 Billion ▼ -97.3%
2024 0.10x $1.11 Billion $832.00 Million $11.66 Billion ▼ -65.1%
2023 0.27x $4.04 Billion $3.74 Billion $14.79 Billion ▲ +260.0%
2022 0.08x $1.39 Billion $1.05 Billion $18.36 Billion ▲ +123.1%
2021 0.03x $626.00 Million $321.00 Million $18.40 Billion ▲ +346.6%
2020 -0.01x $-217.00 Million $-416.00 Million $15.73 Billion ▲ +84.4%
2019 -0.09x $-1.21 Billion $-1.46 Billion $13.70 Billion ▼ -178.1%
2018 0.11x $1.19 Billion $915.00 Million $10.49 Billion ▲ +619.5%
2017 -0.02x $-445.00 Million $-1.44 Billion $20.43 Billion ▼ -122.2%
2016 0.10x $2.48 Billion $1.66 Billion $25.32 Billion ▲ +24.8%
2015 0.08x $2.07 Billion $714.00 Million $26.41 Billion ▲ +79.8%
2014 0.04x $1.02 Billion $-390.00 Million $23.39 Billion ▼ -57.1%
2013 0.10x $1.88 Billion $717.00 Million $18.44 Billion ▼ -37.4%
2012 0.16x $2.40 Billion $1.51 Billion $14.78 Billion ▲ +13.6%
2011 0.14x $2.48 Billion $2.00 Billion $17.30 Billion ▲ +315.5%
2010 0.03x $463.00 Million $41.00 Million $13.44 Billion ▼ -15.8%
2009 0.04x $456.00 Million $265.00 Million $11.15 Billion ▼ -68.8%
2008 0.13x $1.64 Billion $841.00 Million $12.47 Billion ▲ +115.7%
2007 -0.84x $-2.83 Billion $-2.92 Billion $3.39 Billion ▼ -490.8%
2006 0.21x $351.53 Million $290.19 Million $1.64 Billion ▼ -24.1%
2005 0.28x $610.04 Million $247.35 Million $2.16 Billion ▲ +67.1%
2004 0.17x $144.02 Million $51.37 Million $853.20 Million ▲ +2.7%
2003 0.16x $38.61 Million $18.46 Million $234.83 Million ▼ -75.3%
2002 0.66x $145.24 Million $122.26 Million $218.50 Million ▲ +29.6%
2001 0.51x $145.48 Million $81.75 Million $283.58 Million ▲ +25.2%
2000 0.41x $129.23 Million $76.44 Million $315.36 Million ▼ -5.8%
1999 0.43x $83.81 Million $55.80 Million $192.70 Million ▲ +15.7%
1998 0.38x $92.97 Million $51.01 Million $247.42 Million ▼ -38.4%
1997 0.61x $110.91 Million $46.01 Million $181.91 Million ▲ +78.5%
1996 0.34x $53.20 Million $43.98 Million $155.75 Million ▲ +34.9%
1995 0.25x $54.86 Million $35.43 Million $216.69 Million ▲ +83.2%
1994 0.14x $31.14 Million $25.47 Million $225.36 Million ▲ +1.0%
1993 0.14x $36.50 Million $21.90 Million $266.90 Million ▲ +52.7%
1992 0.09x $25.20 Million $25.00 Million $281.40 Million ▼ -8.8%
1991 0.10x $28.60 Million $28.20 Million $291.40 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities