Icahn Enterprises (IEP) Enterprise Value (2010 - 2026)
Icahn Enterprises' Enterprise Value came in at $3.9 billion for Q2 2026, up 38.9% from $2.81 billion a year earlier and up 3.4% from the prior quarter.
Icahn Enterprises (IEP) Enterprise Value (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Icahn Enterprises reported Enterprise Value of -$631.3 million; for FY2025, it came in at $3.36 billion, up 74.2% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of -18.8% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $1.93 billion in FY2024 (-56.4%), $4.42 billion in FY2023 (-71.6%), $15.57 billion in FY2022 (+27.3%) and $12.23 billion in FY2021 (+28.5%).
- The Q2 2026 figure represents the highest quarterly Enterprise Value since Q3 2024.
- Year-over-year, Enterprise Value has increased for three consecutive quarters, with an average decline of 5.6% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q4 2025 (growth of 74.2%), and the weakest in Q4 2023 (a decline of 71.6%).
- Business Quant data shows IEP's Enterprise Value at $3.77 billion (Q1 2026), $3.36 billion (Q4 2025) and $3.27 billion (Q3 2025) in the three quarters before Q2 2026.
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.90 Bn |
| Mar 31, 2026 | 3.77 Bn |
| Dec 31, 2025 | 3.36 Bn |
| Sep 30, 2025 | 3.27 Bn |
| Jun 30, 2025 | 2.81 Bn |
| Mar 31, 2025 | 2.76 Bn |
| Dec 31, 2024 | 1.93 Bn |
| Sep 30, 2024 | 4.52 Bn |
| Jun 30, 2024 | 5.62 Bn |
| Mar 31, 2024 | 5.21 Bn |
| Dec 31, 2023 | 4.42 Bn |
| Sep 30, 2023 | 5.24 Bn |
| Jun 30, 2023 | 8.93 Bn |
| Mar 31, 2023 | 16.48 Bn |
| Dec 31, 2022 | 15.57 Bn |
| Sep 30, 2022 | 14.33 Bn |
| Jun 30, 2022 | 13.08 Bn |
| Mar 31, 2022 | 13.78 Bn |
| Dec 31, 2021 | 12.23 Bn |
| Sep 30, 2021 | 11.34 Bn |
Icahn Enterprises Enterprise Value 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=enterprise-value&ticker=IEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();