Icahn Enterprises (IEP) Invested Capital (2010 - 2026)
Icahn Enterprises' (IEP) quarterly Invested Capital came in at $6.4 billion in Q1 2026, down 6.0% YoY from $6.8 billion in Q1 2025, and down 3.39% on a QoQ basis from $6.6 billion in Q4 2025.
Icahn Enterprises (IEP) Invested Capital (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has 10 years of Invested Capital data on file, last reported at $6.4 billion in Q1 2026.
- Quarterly Invested Capital fell 6.0% year-over-year to $6.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.4 billion (down 0.94% YoY) and the FY2025 annual result came in at $6.6 billion, down 2.71% from the prior year.
- Invested Capital retreated to $6.4 billion in Q1 2026, from $6.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $7.2 billion in Q4 2023 to a low of $6.4 billion in Q1 2026.
- A 5-year average of $6.9 billion and a median of $6.8 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2024 — Invested Capital fell 9.2% — and 2025, when it climbed 3.92%.
- Tracing IEP's Invested Capital over 5 years: stood at $7.1 billion in 2022, then climbed by 1.51% to $7.2 billion in 2023, then retreated by 5.65% to $6.8 billion in 2024, then slipped by 2.71% to $6.6 billion in 2025, then dropped by 3.39% to $6.4 billion in 2026.
- The last three Invested Capital figures came in at $6.4 billion (Q1 2026), $6.6 billion (Q4 2025), and $6.7 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.88 Bn | 88.11 Bn | 9.27 Bn | 33.26 Bn |
| 2 | Valero Energy | 94.81 Bn | 86.94 Bn | 5.47 Bn | 927.00 Mn |
| 3 | Phillips 66 | 89.40 Bn | 85.30 Bn | 8.38 Bn | 1.80 Bn |
| 4 | HF Sinclair | 15.48 Bn | 13.22 Bn | 1.57 Bn | - |
| 5 | Sunoco | 10.13 Bn | 9.36 Bn | 1.46 Bn | 6.00 Mn |
| 6 | PBF Energy | 8.13 Bn | 7.24 Bn | 1.15 Bn | - |
| 7 | Cosan | 6.52 Bn | 1.41 Bn | 552.94 Mn | 11.91 Bn |
| 8 | Ultrapar Holdings | 6.39 Bn | 4.67 Bn | 603.08 Mn | - |
| 9 | Icahn Enterprises | 5.05 Bn | 3.08 Bn | 198.00 Mn | 6.40 Bn |
| 10 | Delek US Holdings | 3.90 Bn | 3.28 Bn | 365.10 Mn | 8.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.40 Bn |
| Mar 31, 2026 | 6.39 Bn |
| Dec 31, 2025 | 6.62 Bn |
| Sep 30, 2025 | 6.70 Bn |
| Jun 30, 2025 | 6.71 Bn |
| Mar 31, 2025 | 6.80 Bn |
| Dec 31, 2024 | 6.80 Bn |
| Sep 30, 2024 | 6.45 Bn |
| Jun 30, 2024 | 6.63 Bn |
| Mar 31, 2024 | 6.61 Bn |
| Dec 31, 2023 | 7.21 Bn |
| Sep 30, 2023 | 7.10 Bn |
| Jun 30, 2023 | 7.10 Bn |
| Mar 31, 2023 | 7.10 Bn |
| Dec 31, 2022 | 7.10 Bn |
| Sep 30, 2022 | 7.10 Bn |
| Jun 30, 2022 | 7.13 Bn |
| Mar 31, 2022 | 7.13 Bn |
| Dec 31, 2021 | 7.69 Bn |
| Dec 31, 2020 | 8.10 Bn |