Icahn Enterprises (IEP) Invested Capital (2010 - 2026)

Icahn Enterprises (IEP) reported Invested Capital of $8.7 billion for Q1 2026, down 17.06% on a YoY basis from $10.5 billion in Q1 2025, and down 12.98% quarter-over-quarter from $10.0 billion in Q4 2025.

Icahn Enterprises (IEP) Invested Capital (2010 - 2026) Analysis & Trends

Icahn Enterprises has reported Invested Capital for 11 years, with the latest figure at $8.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 17.06% year-over-year to $8.7 billion; the trailing twelve-month figure through Mar 2026 stood at $8.7 billion (down 17.06% YoY), and the FY2025 full-year result was $10.0 billion, down 12.07% from the prior year.
  • Invested Capital for Q1 2026 stood at $8.7 billion, down from $10.0 billion in the prior quarter.
  • The five-year high for Invested Capital was $17.3 billion in Q2 2022, with the low at $8.7 billion in Q1 2026.
  • Historically, Invested Capital has averaged $13.0 billion across 5 years, with a median of $12.2 billion in 2024.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 75.93% — and 2024, when it dropped 21.61%.
  • Icahn Enterprises' Invested Capital stood at $16.7 billion in 2022, then dropped by 20.26% to $13.3 billion in 2023, then fell by 14.0% to $11.4 billion in 2024, then slipped by 12.07% to $10.0 billion in 2025, then declined by 12.98% to $8.7 billion in 2026.
  • The last three Invested Capital figures came in at $8.7 billion (Q1 2026), $10.0 billion (Q4 2025), and $10.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 56.70 Bn
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 24.90 Bn
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 32.59 Bn
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 12.50 Bn
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 8.36 Bn
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn 18.11 Bn
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn 8.74 Bn
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 6.32 Bn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 2.44 Bn
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn 3.49 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.74 Bn
Dec 31, 2025 10.04 Bn
Sep 30, 2025 10.12 Bn
Jun 30, 2025 10.14 Bn
Mar 31, 2025 10.54 Bn
Dec 31, 2024 11.42 Bn
Sep 30, 2024 11.27 Bn
Jun 30, 2024 11.99 Bn
Mar 31, 2024 12.23 Bn
Dec 31, 2023 13.28 Bn
Sep 30, 2023 13.70 Bn
Jun 30, 2023 14.27 Bn
Mar 31, 2023 15.60 Bn
Dec 31, 2022 16.65 Bn
Sep 30, 2022 16.99 Bn
Jun 30, 2022 17.26 Bn
Mar 31, 2022 16.86 Bn
Dec 31, 2021 17.04 Bn
Sep 30, 2021 10.01 Bn
Jun 30, 2021 10.03 Bn