Icahn Enterprises (IEP) Tax Rate (2010 - 2026)
Icahn Enterprises' (IEP) quarterly Tax Rate came in at 8.01% in Q1 2026, down 331.0% YoY from 3.47% in Q1 2025, and up 105.04% on a QoQ basis from 158.82% in Q4 2025.
Analysis
Icahn Enterprises (IEP) Tax Rate (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has 10 years of Tax Rate data on file, last reported at 8.01% in Q1 2026.
- Quarterly Tax Rate fell 331.0% year-over-year to 8.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.98% (down 1858.0% YoY) and the FY2025 annual result came in at 5.51%, down 1537.0% from the prior year.
- Tax Rate climbed to 8.01% in Q1 2026, from 158.82% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 145.45% in Q3 2023 to a low of 158.82% in Q4 2025.
- A 5-year average of 5.1% and a median of 4.28% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 196596 bps — and 2025, when it slumped 24485 bps.
- Tracing IEP's Tax Rate over 5 years: stood at 22.06% in 2022, then slumped by 229 bps to 28.43% in 2023, then soared by 403 bps to 86.03% in 2024, then sank by 285 bps to 158.82% in 2025, then soared by 105 bps to 8.01% in 2026.
- The last three Tax Rate figures came in at 8.01% (Q1 2026), 158.82% (Q4 2025), and 23.61% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 21.17% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 21.97% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 23.81% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 21.82% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 25.56% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 26.90% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | -0.52% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 18.84% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 17.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.52% |
| Mar 31, 2026 | 8.01% |
| Dec 31, 2025 | -470.59% |
| Sep 30, 2025 | 23.61% |
| Jun 30, 2025 | 18.29% |
| Mar 31, 2025 | 11.31% |
| Dec 31, 2024 | 86.03% |
| Sep 30, 2024 | -19.40% |
| Jun 30, 2024 | -0.83% |
| Mar 31, 2024 | -36.84% |
| Dec 31, 2023 | 126.15% |
| Sep 30, 2023 | 145.45% |
| Jun 30, 2023 | -0.48% |
| Mar 31, 2023 | 4.28% |
| Dec 31, 2022 | -19.06% |
| Sep 30, 2022 | 3.15% |
| Jun 30, 2022 | -0.70% |
| Mar 31, 2022 | 9.97% |
| Dec 31, 2021 | -6.66% |
| Sep 30, 2021 | 8.26% |