Incyte Corporation (INCY) — Free Cash Flow Generation Index

Latest as of March 2026: 0.97x

Incyte Corporation (INCY) has a Free Cash Flow Generation Index of 0.97x as of March 2026. Free cash flow of $359.15 Million represents 1% of operating cash flow ($369.35 Million). Read debt load of Incyte Corporation for a breakdown of total debt and financial obligations.

FCF Generation Index

0.97x
Free Cash Flow / Operating CF

Free Cash Flow

$359.15 Million
USD

Operating Cash Flow

$369.35 Million
USD

Capital Expenditures

$10.20 Million
USD

Incyte Corporation Free Cash Flow Generation Index (1996–2025)

Historical FCF Generation Index trend for Incyte Corporation across 16 annual periods. Explore INCY capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Incyte Corporation (1996–2025)

Year-by-year Free Cash Flow Generation Index for Incyte Corporation. For the full company profile including market capitalisation, see INCY market cap.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.96x $1.35 Billion $1.41 Billion $58.87 Million ▲ +29.0%
2024 0.74x $249.07 Million $335.34 Million $86.26 Million ▼ -17.9%
2023 0.90x $449.00 Million $496.49 Million $47.49 Million ▼ -1.7%
2022 0.92x $892.11 Million $969.94 Million $77.83 Million ▲ +21.3%
2021 0.76x $568.48 Million $749.49 Million $181.01 Million ▼ -14.8%
2019 0.89x $632.59 Million $710.66 Million $78.06 Million ▲ +13.9%
2018 0.78x $262.74 Million $336.23 Million $73.48 Million ▲ +29.1%
2016 0.61x $184.48 Million $304.76 Million $120.28 Million ▼ -13.5%
2015 0.70x $60.53 Million $86.54 Million $26.00 Million ▲ +1233.7%
2014 -0.06x $-1.62 Million $26.26 Million $27.88 Million ▼ -111.5%
2013 0.54x $4.91 Million $9.18 Million $4.27 Million ▼ -44.1%
2010 0.96x $93.83 Million $97.94 Million $4.11 Million ▼ -1.1%
2009 0.97x $11.97 Million $12.36 Million $387.00K ▲ +2237.8%
1998 0.04x $1.50 Million $36.20 Million $34.70 Million ▲ +110.5%
1997 -0.40x $-7.40 Million $18.70 Million $26.10 Million ▼ -50.8%
1996 -0.26x $-4.20 Million $16.00 Million $20.20 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).