Icahn Enterprises (IEP) Tax Rate (2010 - 2026)

Icahn Enterprises (IEP) reported Tax Rate of 8.01% for Q1 2026, down 331.0% on a YoY basis from 3.47% in Q1 2025, and up 134.03% quarter-over-quarter from 23.53% in Q4 2025.

Icahn Enterprises (IEP) Tax Rate (2010 - 2026) Analysis & Trends

Icahn Enterprises has reported Tax Rate for 10 years, with the latest figure at 8.01% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 331.0% year-over-year to 8.01%; the trailing twelve-month figure through Mar 2026 stood at 9.57% (down 1839.0% YoY), and the FY2025 full-year result was 1.16%, down 557.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 8.01%, up from 23.53% in the prior quarter.
  • The five-year high for Tax Rate was 145.45% in Q3 2023, with the low at 36.84% in Q1 2024.
  • Historically, Tax Rate has averaged 9.91% across 5 years, with a median of 4.28% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 196596 bps — and 2024, when it plunged 16486 bps.
  • Icahn Enterprises' Tax Rate stood at 12.63% in 2022, then plunged by 129 bps to 3.67% in 2023, then jumped by 571 bps to 17.29% in 2024, then plunged by 236 bps to 23.53% in 2025, then jumped by 134 bps to 8.01% in 2026.
  • The last three Tax Rate figures came in at 8.01% (Q1 2026), 23.53% (Q4 2025), and 23.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 17.70%
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 23.27%
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 15.77%
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 22.53%
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 5.15%
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn -
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn 8.01%
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 22.55%
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 15.34%
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn 23.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.01%
Mar 31, 2026 8.01%
Dec 31, 2025 -23.53%
Dec 31, 2025 -23.53%
Sep 30, 2025 23.61%
Sep 30, 2025 23.61%
Jun 30, 2025 18.29%
Jun 30, 2025 18.29%
Mar 31, 2025 11.31%
Mar 31, 2025 11.31%
Dec 31, 2024 17.29%
Dec 31, 2024 17.29%
Sep 30, 2024 -19.40%
Sep 30, 2024 -19.40%
Jun 30, 2024 -0.83%
Jun 30, 2024 -0.83%
Mar 31, 2024 -36.84%
Mar 31, 2024 -36.84%
Dec 31, 2023 -3.67%
Dec 31, 2023 -3.67%