Icahn Enterprises (IEP) EBIT (2010 - 2026)
Icahn Enterprises' (IEP) quarterly EBIT came in at -$3.2 billion in Q2 2026, down 33.8% on a YoY basis from -$4.8 billion in Q2 2025, and down 11.1% quarter-over-quarter from -$2.8 billion in Q1 2026.
Icahn Enterprises (IEP) EBIT (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has reported EBIT for 10 consecutive years, with -$3.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT fell 33.8% year-over-year to -$3.2 billion; the trailing twelve-month figure through Jun 2026 stood at -$9.3 billion (up 0.92% YoY), and the FY2025 full-year result was -$8.3 billion, up 9.39% from the prior year.
- EBIT retreated to -$3.2 billion in Q2 2026 per IEP's latest filing, from -$2.8 billion in the prior quarter.
- Across five years, EBIT topped out at -$1.1 billion in Q3 2025 and bottomed at -$3.4 billion in Q4 2022.
- Historically, EBIT has averaged -$2.5 billion across 5 years, with a median of -$2.5 billion in 2024.
- The sharpest annual moves came in 2023 and 2025: EBIT slumped 63.92% in 2023, then jumped 46.9% in 2025.
- Over 5 years, EBIT stood at -$3.4 billion in 2022, then gained by 23.08% to -$2.6 billion in 2023, then rose by 11.53% to -$2.3 billion in 2024, then advanced by 7.91% to -$2.1 billion in 2025, then tumbled by 47.67% to -$3.2 billion in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$3.2 billion, -$2.8 billion, and -$2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 7.32 Bn |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 5.20 Bn |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 1.17 Bn |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 583.00 Mn |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 1.27 Bn |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 594.71 Mn |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 78.00 Mn |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -3.16 Bn |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 302.40 Mn |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 634.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.16 Bn |
| Mar 31, 2026 | -2.85 Bn |
| Dec 31, 2025 | -2.14 Bn |
| Sep 30, 2025 | -1.15 Bn |
| Jun 30, 2025 | -2.36 Bn |
| Mar 31, 2025 | -2.54 Bn |
| Dec 31, 2024 | -2.33 Bn |
| Sep 30, 2024 | -2.16 Bn |
| Jun 30, 2024 | -2.52 Bn |
| Mar 31, 2024 | -2.01 Bn |
| Dec 31, 2023 | -2.63 Bn |
| Sep 30, 2023 | -2.31 Bn |
| Jun 30, 2023 | -2.60 Bn |
| Mar 31, 2023 | -2.55 Bn |
| Dec 31, 2022 | -3.42 Bn |
| Sep 30, 2022 | -3.25 Bn |
| Jun 30, 2022 | -3.17 Bn |
| Mar 31, 2022 | -1.56 Bn |
| Dec 31, 2021 | -3.63 Bn |
| Sep 30, 2021 | -2.49 Bn |
Icahn Enterprises EBIT 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=ebit&ticker=IEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();