IREN Ltd (IREN) — Free Cash Flow Generation Index
Latest as of December 2025:
4.92x
IREN Ltd (IREN) has a Free Cash Flow Generation Index of 4.92x as of December 2025. Free cash flow of $352.26 Million represents 5% of operating cash flow ($71.65 Million). See working capital to net assets of IREN Ltd to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
4.92x
Free Cash Flow / Operating CF
Free Cash Flow
$352.26 Million
USD
Operating Cash Flow
$71.65 Million
USD
Capital Expenditures
$280.61 Million
USD
IREN Ltd Free Cash Flow Generation Index (2021–2025)
Historical FCF Generation Index trend for IREN Ltd across 5 annual periods. Explore IREN Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for IREN Ltd (2021–2025)
Year-by-year Free Cash Flow Generation Index for IREN Ltd. For the full company profile including market capitalisation, see how much is IREN Ltd worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -4.58x | $-1.13 Billion | $245.89 Million | $1.37 Billion | ▲ +44.0% |
| 2024 | -8.18x | $-427.19 Million | $52.22 Million | $479.91 Million | ▲ +57.4% |
| 2023 | -19.20x | $-110.02 Million | $5.73 Million | $116.06 Million | ▼ -51.8% |
| 2022 | -12.65x | $-272.69 Million | $21.56 Million | $294.25 Million | ▼ -302.2% |
| 2021 | -3.15x | $-4.13 Million | $1.31 Million | $5.45 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).