Icahn Enterprises (IEP) Raw Materials (2011 - 2026)
Icahn Enterprises (IEP) recorded Raw Materials of $323 million in Q2 2026, up 2.9% from $314 million a year earlier but down 1.8% from the prior quarter.
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Analysis
Icahn Enterprises (IEP) Raw Materials (2011 - 2026) Analysis & Trends
At the end of FY2025, Icahn Enterprises reported Raw Materials of $272 million, down 7.2% from FY2024.
- Annual Raw Materials has a three-year compound annual growth rate of -6.7% (FY2022 to FY2025).
- Across earlier years, Raw Materials came in at $293 million in FY2024 (-20.2%), $367 million in FY2023 (+9.6%) and $335 million in FY2022.
- Quarterly Raw Materials has ranged from $272 million in Q4 2025 to $367 million in Q4 2023 over the past five years.
- On a year-over-year basis, Raw Materials rose in four of the last seven quarters, with an average decline of 2.7%.
- Peak year-over-year performance for Raw Materials in the last five years was growth of 9.6% in Q4 2023, against a decline of 20.2% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $329 million (Q1 2026), $272 million (Q4 2025) and $294 million (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 323.00 Mn |
| Mar 31, 2026 | 329.00 Mn |
| Dec 31, 2025 | 272.00 Mn |
| Sep 30, 2025 | 294.00 Mn |
| Jun 30, 2025 | 314.00 Mn |
| Mar 31, 2025 | 362.00 Mn |
| Dec 31, 2024 | 293.00 Mn |
| Sep 30, 2024 | 274.00 Mn |
| Jun 30, 2024 | 306.00 Mn |
| Mar 31, 2024 | 345.00 Mn |
| Dec 31, 2023 | 367.00 Mn |
| Dec 31, 2022 | 335.00 Mn |
| Sep 30, 2021 | 261.00 Mn |
| Jun 30, 2021 | 246.00 Mn |
| Mar 31, 2021 | 235.00 Mn |
| Dec 31, 2020 | 183.00 Mn |
| Sep 30, 2020 | 169.00 Mn |
| Jun 30, 2020 | 170.00 Mn |
| Mar 31, 2020 | 152.00 Mn |
| Dec 31, 2019 | 206.00 Mn |
API Access
Icahn Enterprises Raw Materials 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=raw-materials&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();