Icahn Enterprises (IEP) Return on Equity [ROE] (2011 - 2026)
Icahn Enterprises' Return on Equity [ROE] was -22.08% in Q2 2026, up 0.56 percentage points from -22.64% a year earlier but down 11.37 percentage points from the prior quarter.
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Analysis
Icahn Enterprises (IEP) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Icahn Enterprises came in at -8.10%, up 2.03 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +16.33 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was -10.14% in FY2024 (+2.81 pp), -12.95% in FY2023 (-12.68 pp), -0.26% in FY2022 (+5.11 pp) and -5.38% in FY2021 (+19.06 pp).
- Quarterly Return on Equity [ROE] has moved between -26.21% (Q1 2025) and -0.26% (Q4 2022) over five years.
- Compared with a year earlier, Return on Equity [ROE] has increased for three straight quarters, with an average year-over-year change of +0.30 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2022 (a gain of 16.70 percentage points); the worst was Q4 2023 (a drop of 15.68 percentage points).
- Per Business Quant data, IEP's Return on Equity [ROE] in the three quarters before Q2 2026 was -10.71% (Q1 2026), -9.53% (Q4 2025) and -14.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 41.96% |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 27.64% |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 19.13% |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 22.40% |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 13.91% |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 35.34% |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 23.12% |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 77.58% |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | -22.08% |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 48.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.08% |
| Mar 31, 2026 | -10.71% |
| Dec 31, 2025 | -9.53% |
| Sep 30, 2025 | -14.03% |
| Jun 30, 2025 | -22.64% |
| Mar 31, 2025 | -26.21% |
| Dec 31, 2024 | -11.47% |
| Sep 30, 2024 | -12.47% |
| Jun 30, 2024 | -13.57% |
| Mar 31, 2024 | -11.63% |
| Dec 31, 2023 | -15.94% |
| Sep 30, 2023 | -17.59% |
| Jun 30, 2023 | -17.85% |
| Mar 31, 2023 | -14.05% |
| Dec 31, 2022 | -0.26% |
| Sep 30, 2022 | -4.42% |
| Jun 30, 2022 | -4.41% |
| Mar 31, 2022 | -2.24% |
| Dec 31, 2021 | -5.17% |
| Sep 30, 2021 | 6.99% |
API Access
Icahn Enterprises Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();