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