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). Read IREN total liabilities for a breakdown of total debt and financial obligations.
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 capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 IREN Ltd stock valuation.
| 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).