Icahn Enterprises (IEP) Interest Expenses (2010 - 2026)
Icahn Enterprises' Interest Expenses was $121 million in Q2 2026, down 6.2% from $129 million a year earlier and down 1.6% from the prior quarter.
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Analysis
Icahn Enterprises (IEP) Interest Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Icahn Enterprises' Interest Expenses was $491 million through Jun 30, 2026, down 4.8% year-over-year; for FY2025, it came in at $504 million, down 3.6% from FY2024.
- Interest Expenses has now declined for five consecutive years, with a five-year compound annual growth rate of -6.0% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $523 million in FY2024 (-5.6%), $554 million in FY2023 (-2.5%), $568 million in FY2022 (-14.7%) and $666 million in FY2021 (-3.2%).
- The Q2 2026 figure marks the lowest quarterly Interest Expenses since Q4 2011.
- Compared with a year earlier, Interest Expenses has declined for four straight quarters, with an average decline of 4.5% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q3 2023 (growth of 6.5%); the worst was Q1 2022 (a decline of 31.3%).
- Per Business Quant data, IEP's Interest Expenses in the three quarters before Q2 2026 was $123 million (Q1 2026), $125 million (Q4 2025) and $122 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 121.30 Bn | 105.06 Bn | 9.27 Bn | 340.00 Mn |
| 2 | Valero Energy | 108.90 Bn | 80.76 Bn | 9.41 Bn | 144.00 Mn |
| 3 | HF Sinclair | 20.04 Bn | 12.32 Bn | 3.15 Bn | 54.00 Mn |
| 4 | Sunoco | 9.49 Bn | 3.87 Bn | 1.46 Bn | 204.00 Mn |
| 5 | PBF Energy | 9.25 Bn | 9.25 Bn | - | - |
| 6 | Ultrapar Holdings | 6.02 Bn | -1.21 Bn | 912.61 Mn | -143.84 Mn |
| 7 | Cvr Energy | 4.83 Bn | 2.40 Bn | 117.00 Mn | - |
| 8 | Delek US Holdings | 4.34 Bn | 1.83 Bn | 365.10 Mn | - |
| 9 | Bw Lpg | 3.62 Bn | 2.61 Bn | - | 8.22 Mn |
| 10 | Icahn Enterprises | 3.42 Bn | -2.34 Bn | - | 121.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 121.00 Mn |
| Mar 31, 2026 | 123.00 Mn |
| Dec 31, 2025 | 125.00 Mn |
| Sep 30, 2025 | 122.00 Mn |
| Jun 30, 2025 | 129.00 Mn |
| Mar 31, 2025 | 128.00 Mn |
| Dec 31, 2024 | 129.00 Mn |
| Sep 30, 2024 | 130.00 Mn |
| Jun 30, 2024 | 128.00 Mn |
| Mar 31, 2024 | 136.00 Mn |
| Dec 31, 2023 | 128.00 Mn |
| Sep 30, 2023 | 148.00 Mn |
| Jun 30, 2023 | 136.00 Mn |
| Mar 31, 2023 | 142.00 Mn |
| Dec 31, 2022 | 144.00 Mn |
| Sep 30, 2022 | 139.00 Mn |
| Jun 30, 2022 | 151.00 Mn |
| Mar 31, 2022 | 134.00 Mn |
| Dec 31, 2021 | 155.00 Mn |
| Sep 30, 2021 | 158.00 Mn |
API Access
Icahn Enterprises Interest 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=interest-expenses&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-expenses&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();