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| Date | Value |
|---|---|
| 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 |