Icahn Enterprises LP (IEP) — Free Cash Flow Generation Index

Latest as of September 2025: -4.47x

Icahn Enterprises LP (IEP) has a Free Cash Flow Generation Index of -4.47x as of September 2025. Free cash flow of $-67.00 Million represents -4% of operating cash flow ($15.00 Million). Read IEP liabilities breakdown for a breakdown of total debt and financial obligations.

FCF Generation Index

-4.47x
Free Cash Flow / Operating CF

Free Cash Flow

$-67.00 Million
USD

Operating Cash Flow

$15.00 Million
USD

Capital Expenditures

$82.00 Million
USD

Icahn Enterprises LP Free Cash Flow Generation Index (1991–2024)

Historical FCF Generation Index trend for Icahn Enterprises LP across 29 annual periods. Explore IEP capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Icahn Enterprises LP (1991–2024)

Year-by-year Free Cash Flow Generation Index for Icahn Enterprises LP. For the full company profile including market capitalisation, see IEP market cap.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.66x $552.00 Million $832.00 Million $280.00 Million ▼ -27.8%
2023 0.92x $3.43 Billion $3.74 Billion $303.00 Million ▲ +35.2%
2022 0.68x $717.00 Million $1.05 Billion $338.00 Million ▲ +1263.5%
2021 0.05x $16.00 Million $321.00 Million $305.00 Million ▼ -92.9%
2018 0.70x $643.00 Million $915.00 Million $272.00 Million ▲ +40.3%
2016 0.50x $829.00 Million $1.66 Billion $826.00 Million ▲ +155.4%
2015 -0.90x $-645.00 Million $714.00 Million $1.36 Billion ▼ -45.9%
2013 -0.62x $-444.00 Million $717.00 Million $1.16 Billion ▼ -250.2%
2012 0.41x $624.00 Million $1.51 Billion $890.00 Million ▼ -45.7%
2011 0.76x $1.51 Billion $2.00 Billion $481.00 Million ▲ +108.2%
2010 -9.29x $-381.00 Million $41.00 Million $422.00 Million ▼ -3427.8%
2009 0.28x $74.00 Million $265.00 Million $191.00 Million ▲ +399.7%
2008 0.06x $47.00 Million $841.00 Million $794.00 Million ▼ -92.9%
2006 0.79x $228.85 Million $290.19 Million $61.34 Million ▲ +269.1%
2005 -0.47x $-115.34 Million $247.35 Million $362.69 Million ▲ +42.0%
2004 -0.80x $-41.28 Million $51.37 Million $92.65 Million ▼ -781.7%
2003 -0.09x $-1.68 Million $18.46 Million $20.15 Million ▼ -111.2%
2002 0.81x $99.27 Million $122.26 Million $22.98 Million ▲ +268.2%
2001 0.22x $18.03 Million $81.75 Million $63.73 Million ▼ -28.7%
2000 0.31x $23.65 Million $76.44 Million $52.79 Million ▼ -37.9%
1999 0.50x $27.80 Million $55.80 Million $28.00 Million ▲ +180.7%
1998 0.18x $9.05 Million $51.01 Million $41.96 Million ▲ +143.2%
1997 -0.41x $-18.89 Million $46.01 Million $64.90 Million ▼ -151.9%
1996 0.79x $34.76 Million $43.98 Million $9.22 Million ▲ +75.0%
1995 0.45x $16.00 Million $35.43 Million $19.43 Million ▼ -41.9%
1994 0.78x $19.80 Million $25.47 Million $5.67 Million ▲ +133.2%
1993 0.33x $7.30 Million $21.90 Million $14.60 Million ▼ -66.4%
1992 0.99x $24.80 Million $25.00 Million $200.00K ▲ +0.6%
1991 0.99x $27.80 Million $28.20 Million $400.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).