Icahn Enterprises (IEP) Accumulated Expenses (2010 - 2026)
Icahn Enterprises' Accumulated Expenses came in at $1.52 billion for Q2 2026, down 10.2% from $1.7 billion a year earlier and down 9.2% from the prior quarter.
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Analysis
Icahn Enterprises (IEP) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Icahn Enterprises' Accumulated Expenses was $1.19 billion, down 22.9% from FY2024.
- Accumulated Expenses has declined in each of the last three years, with a five-year compound annual growth rate of -5.6% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $1.55 billion in FY2024 (-3.1%), $1.6 billion in FY2023 (-19.4%), $1.98 billion in FY2022 (+11.4%) and $1.78 billion in FY2021 (+12.0%).
- The five-year range for quarterly Accumulated Expenses is $1.19 billion (Q4 2025) to $2.65 billion (Q1 2023).
- Year-over-year, Accumulated Expenses has declined for four consecutive quarters, with an average decline of 10.2% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2021 (growth of 12.0%), and the weakest in Q4 2025 (a decline of 22.9%).
- Business Quant data shows IEP's Accumulated Expenses at $1.68 billion (Q1 2026), $1.19 billion (Q4 2025) and $1.29 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.52 Bn |
| Mar 31, 2026 | 1.68 Bn |
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 1.29 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Sep 30, 2024 | 1.66 Bn |
| Jun 30, 2024 | 1.56 Bn |
| Mar 31, 2024 | 2.04 Bn |
| Dec 31, 2023 | 1.60 Bn |
| Sep 30, 2023 | 1.93 Bn |
| Jun 30, 2023 | 1.88 Bn |
| Mar 31, 2023 | 2.65 Bn |
| Dec 31, 2022 | 1.98 Bn |
| Sep 30, 2022 | 2.02 Bn |
| Jun 30, 2022 | 2.06 Bn |
| Mar 31, 2022 | 2.52 Bn |
| Dec 31, 2021 | 1.78 Bn |
| Sep 30, 2021 | 1.78 Bn |
API Access
Icahn Enterprises Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "IEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();