Icahn Enterprises (IEP) Shares Outstanding (2010 - 2026)
Icahn Enterprises' Shares Outstanding came in at 669 million for Q2 2026, up 22.8% from 545 million a year earlier and up 5.0% from the prior quarter.
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Analysis
Icahn Enterprises (IEP) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Icahn Enterprises' Shares Outstanding was 562 million, up 20.6% from FY2024.
- Shares Outstanding has increased in each of the last six years, with a five-year compound annual growth rate of 20.5% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 466 million in FY2024 (+22.0%), 382 million in FY2023 (+20.9%), 316 million in FY2022 (+21.5%) and 260 million in FY2021 (+17.6%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q2 2010.
- Year-over-year, Shares Outstanding has increased for 19 consecutive quarters, with growth averaging 21.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 17.6% (Q4 2021) to 22.8% (Q2 2026).
- Business Quant data shows IEP's Shares Outstanding at 637 million (Q1 2026), 562 million (Q4 2025) and 575 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 289.00 Mn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 294.00 Mn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 179.42 Mn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 118.37 Mn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 136.90 Mn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 1.07 Bn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 100.50 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 61.32 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 669.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 48.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 669.00 Mn |
| Mar 31, 2026 | 637.00 Mn |
| Dec 31, 2025 | 562.00 Mn |
| Sep 30, 2025 | 575.00 Mn |
| Jun 30, 2025 | 545.00 Mn |
| Mar 31, 2025 | 523.00 Mn |
| Dec 31, 2024 | 466.00 Mn |
| Sep 30, 2024 | 477.00 Mn |
| Jun 30, 2024 | 450.00 Mn |
| Mar 31, 2024 | 429.00 Mn |
| Dec 31, 2023 | 382.00 Mn |
| Sep 30, 2023 | 394.00 Mn |
| Jun 30, 2023 | 367.00 Mn |
| Mar 31, 2023 | 354.00 Mn |
| Dec 31, 2022 | 316.00 Mn |
| Sep 30, 2022 | 324.00 Mn |
| Jun 30, 2022 | 306.00 Mn |
| Mar 31, 2022 | 294.00 Mn |
| Dec 31, 2021 | 260.00 Mn |
| Sep 30, 2021 | 266.00 Mn |
API Access
Icahn Enterprises Shares Outstanding 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=shares-outstanding&ticker=IEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();