Icahn Enterprises IEP
NASDAQ IEP
$6.80 -0.01 (-0.15%)
At close: Sep 2, 2026 · 4:00 PM EDT

Icahn Enterprises (IEP) EBITDA (2010 - 2026)

Icahn Enterprises' (IEP) quarterly EBITDA came in at -$3.0 billion in Q1 2026, down 16.45% YoY from -$3.5 billion in Q1 2025, and down 37.82% on a QoQ basis from -$2.1 billion in Q4 2025.

Analysis

Icahn Enterprises (IEP) EBITDA (2010 - 2026) Analysis & Trends

Icahn Enterprises (IEP) has 10 years of EBITDA data on file, last reported at -$3.0 billion in Q1 2026.

  • Quarterly EBITDA fell 16.45% year-over-year to -$3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$9.2 billion (up 10.47% YoY) and the FY2025 annual result came in at -$8.3 billion, up 16.88% from the prior year.
  • EBITDA declined to -$3.0 billion in Q1 2026, from -$2.1 billion in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$1.6 billion in Q1 2022 to a low of -$3.2 billion in Q3 2022.
  • A 5-year average of -$2.5 billion and a median of -$2.5 billion in 2025 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2023 — EBITDA tumbled 69.39% — and 2025, when it surged 42.79%.
  • Tracing IEP's EBITDA over 5 years: stood at -$2.5 billion in 2022, then rose by 3.26% to -$2.4 billion in 2023, then slipped by 4.6% to -$2.5 billion in 2024, then grew by 15.87% to -$2.1 billion in 2025, then sank by 37.82% to -$3.0 billion in 2026.
  • The last three EBITDA figures came in at -$3.0 billion (Q1 2026), -$2.1 billion (Q4 2025), and -$1.6 billion (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Marathon Petroleum 112.01 Bn 104.24 Bn 9.27 Bn 8.08 Bn
2 Valero Energy 107.72 Bn 99.85 Bn 5.47 Bn 5.23 Bn
3 Phillips 66 102.68 Bn 98.59 Bn 8.38 Bn -38.69 Bn
4 HF Sinclair 19.04 Bn 16.78 Bn 1.57 Bn 1.17 Bn
5 Sunoco 10.45 Bn 9.67 Bn 1.46 Bn 583.00 Mn
6 PBF Energy 8.96 Bn 8.06 Bn 1.15 Bn 1.27 Bn
7 Ultrapar Holdings 7.64 Bn 5.53 Bn 912.61 Mn 722.54 Mn
8 Icahn Enterprises 4.53 Bn 2.56 Bn 198.00 Mn -3.16 Bn
9 Delek US Holdings 4.41 Bn 3.78 Bn 365.10 Mn 302.40 Mn
10 Cvr Energy 4.34 Bn 3.60 Bn 117.00 Mn 96.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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