Icahn Enterprises L.P. IEP
- Market cap
- $4.9B
- P/E
- 0.0×
Follow IEP
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42.50 | 47.06 | 50.33 | 56.20 | 34.00 | 48.93 | 47.17 | 15.00 | 8.53 | 7.08 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 67.63 | 63.96 | 81.88 | 79.37 | 69.10 | 69.10 | 55.73 | 54.48 | 22.59 | 10.74 |
High Price
|
|||
| 90,907 | 89,034 | 29,034 | 28,033 | 23,800 | 19,536 | 20,041 | 15,038 | 15,037 | 13,547 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 7,379 | 12,619 | 11,777 | 8,994 | 6,123 | 11,338 | 14,196 | 10,934 | 10,020 | 9,658 |
Revenue
|
|||
| 7.35% | 34.86% | 23.64% | 8.77% | (3.22%) | 16.34% | 17.66% | 14.70% | 13.98% | 17.39% |
Gross Margin
|
|||
| (2,373) | 1,866 | 223 | (1,739) | (2,584) | (578) | 9 | (922) | (567) | (345) |
EBT
|
|||
| (32.16%) | 14.79% | 1.89% | (19.34%) | (42.20%) | (5.10%) | 0.06% | (8.43%) | (5.66%) | (3.57%) |
EBT Margin
|
|||
| (2,220) | 2,632 | 2,001 | (1,791) | (2,468) | (500) | (25) | (1,012) | (542) | (326) |
Net Income
|
|||
| 526 | 518 | 508 | 519 | 510 | 517 | 509 | 518 | 511 | 603 |
Depreciation
|
|||
| 53.86 | 78.38 | 65.43 | 44.97 | 27.71 | 43.61 | 44.92 | 28.62 | 21.50 | 17.19 |
Revenue/Sh
|
|||
| (8.07) | 14.80 | 11.46 | (5.38) | (7.33) | (2.32) | (0.57) | (1.75) | (0.94) | (0.52) |
Earnings/Sh
|
|||
| 8.89 | (8.37) | 5.13 | (7.30) | (1.88) | 1.23 | 3.34 | 9.78 | 1.79 | (0.56) |
Cash Flow/Sh
|
|||
| (1.80) | 10.35 | 17.17 | 1.09 | (1.62) | (1.19) | (1.33) | (0.94) | (0.71) | (0.96) |
Capex/Sh
|
|||
| 7.09 | 1.98 | 22.29 | (6.21) | (3.50) | 0.04 | 2.01 | 8.84 | 1.07 | (1.51) |
Free CF/Sh
|
|||
| 58.52 | 70.61 | 72.11 | 54.71 | 41.89 | 35.93 | 30.25 | 15.90 | 9.92 | 6.10 |
Book Value/Sh
|
|||
| 137 | 161 | 180 | 200 | 221 | 260 | 316 | 382 | 466 | 562 |
Shares
|
|||
| 0.00 | 3.71 | 5.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PE Ratio
|
|||
| 0.54 | 0.53 | 0.87 | 1.37 | 1.83 | 1.14 | 1.15 | 0.62 | 0.40 | 0.44 |
PS Ratio
|
|||
| 1.09 | 0.81 | 0.79 | 1.12 | 1.21 | 1.38 | 1.71 | 1.11 | 0.87 | 1.24 |
PB Ratio
|
|||
| 0.45 | 0.27 | 0.33 | 0.62 | 1.15 | 0.62 | 0.83 | 0.46 | 0.33 | 0.54 |
EV/Sales
|
|||
| 7.57 | 14.69 | 0.98 | (4.51) | (9.11) | 636.22 | 18.48 | 1.48 | 6.61 | (6.10) |
EV/FCF
|
|||
| 1,218 | (1,348) | 923 | (1,460) | (416) | 321 | 1,055 | 3,736 | 832 | (313) |
Op' Cash Flow
|
|||
| (247) | 1,667 | 3,090 | 217 | (358) | (310) | (421) | (360) | (333) | (538) |
Capex
|
|||
| 971 | 319 | 4,013 | (1,243) | (774) | 11 | 634 | 3,376 | 499 | (851) |
FCF
|
|||
| 11,949 | 10,941 | 12,969 | 13,833 | 13,816 | 17,080 | 16,501 | 11,395 | 7,310 | 5,966 |
Working Cap'
|
|||
| 11,119 | 7,372 | 7,326 | 8,192 | 8,059 | 7,692 | 7,096 | 7,207 | 6,809 | 6,616 |
Total Debt
|
|||
| (1,399) | (4,554) | (6,349) | (6,698) | (4,145) | (5,895) | (4,599) | (1,751) | (740) | 946 |
Net Debt
|
|||
| 8,017 | 11,368 | 12,980 | 10,942 | 9,258 | 9,343 | 9,558 | 6,073 | 4,621 | 3,426 |
Sh' Equity
|
|||
| (3.17%) | 7.53% | 5.36% | (4.47%) | (6.53%) | (2.29%) | (0.64%) | (2.75%) | (2.35%) | (1.92%) |
ROA
|
|||
| (10.29%) | 23.96% | 8.11% | (16.41%) | (22.92%) | 1.69% | 8.49% | 1.62% | 0.24% | 3.49% |
ROIC
|
|||
| (12.25%) | 25.32% | 12.17% | (9.00%) | (16.04%) | (6.49%) | (1.89%) | (8.57%) | (8.15%) | (7.28%) |
ROE
|
|||
Icahn Enterprises L.P. peers in Oil & Gas Refining & Marketing
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CVI CVR Energy Inc. | $5.2B | 75.6× | Compare |
| DK Delek US Holdings, Inc. | $4.1B | 18.4× | Compare |
| PARR Par Pacific Holdings, Inc. | $3.9B | 4.4× | Compare |
| SHI SINOPEC Shangai Petrochemical Company, Ltd. | $3.8B | 117× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| DKL Delek Logistics Partners, L.P. | $3.2B | 18.8× | Compare |
| UGP Ultrapar Participacoes S.A. | $8.0B | 11.3× | Compare |
| PBF PBF Energy Inc. | $8.4B | 6.4× | Compare |
| CSANY Cosan S.A. Sponsored ADR | $2.7B | 0.0× | Compare |
Icahn Enterprises L.P. (IEP) key facts
- Icahn Enterprises L.P. (IEP) is an Oil & Gas Refining & Marketing company in the Energy sector, listed on Nasdaq.
- Icahn Enterprises L.P.’s revenue for fiscal 2025 (year ended December 2025) was $9.7 billion, down 3.61% from fiscal 2024.
- As of September 25, 2026, IEP traded at $6.96, a market capitalization of $4.9 billion.
- Return on equity was −7.28% and debt-to-equity 2.98.
Icahn Enterprises L.P. (IEP) Latest News
21 Sep
Delaware lawsuits accuse Icahn Enterprises and co-plaintiffs of colluding in merger-arbitrage bets to challenge Silver Lake’s $25 billion bid for Endeavor Group Holdings. Endeavor and Silver Lake seek to stop Icahn’s arbitrage activity and bar dozens of post‑announcement appraisal actions that seek a higher price for Endeavor shares. Icahn Enterprises and a Swedish bank lead a separate proposed class-action alleging fiduciary-duty breaches by Endeavor’s executives that harmed minority shareholders. The suits involve Pentwater Capital Management and Troluce Capital Advisors, and argue the broad litigation strategy undermines securities and antitrust laws. Appraisal arbitrage, a strategy revived after Delaware’s recent legal overhaul, has drawn hedge funds into the fight, while Endeavor contends pre‑acquisition activity may still be actionable. Icahn argues fiduciary claims don’t apply to pre‑acquisition conduct. The case underscores rising investor-led battles around private-equity takeovers. Lawsuits and proposed restraints on post-announcement arbitrage could curb Icahn's deal-focused activity and raise litigation risk, materially affecting strategy and investor sentiment.
19 Sep
Carl Icahn acquired nearly 69 million shares of Icahn Enterprises L.P. last quarter. Founder share purchase signals confidence and may lift short-term sentiment without altering core operations.
21 Aug
IEP shares slumped 67% and now trade below fair value. 67% slump signals major negative pressure on IEP valuation and future market trajectory.
20 Aug
Mavis completes acquisition of Pep Boys from Icahn Enterprises L.P. Pep Boys divestiture injects cash into Icahn Enterprises but leaves core holdings and strategy intact.
5 Aug
IEP's Q2 2026 earnings call highlighted the strategic sale of Pep Boys as a core development. Strategic divestiture of Pep Boys constitutes a major asset sale likely to alter IEP's operational footprint and investor outlook.
Icahn Enterprises L.P. (IEP) released Q2 earnings call highlights covering financial results and operations. Q2 earnings highlights deliver updated financial metrics that influence IEP valuation and short-term sentiment.
Icahn Enterprises L.P. announced its second quarter 2026 financial results. Quarterly earnings releases moderately sway investor views and near-term stock moves.
24 Jul
Icahn Enterprises sold Pep Boys to Mavis for $700M while retaining ownership of the real estate assets. Pep Boys sale delivers cash inflow to Icahn Enterprises and retained real estate adds long-term asset value.
23 Jul
Icahn Enterprises L.P. sold the Pep Boys chain while retaining the underlying real estate assets in a $700 million transaction. The $700 million sale of Pep Boys operations with retention of real estate constitutes a moderate strategic asset restructuring for Icahn Enterprises.
22 Jul
Mavis Tire acquires iconic auto-service chain in $700M deal tied to Icahn Enterprises L.P. $700M transaction alters IEP asset base and cash position without shifting core strategy.
21 Jul
Icahn Enterprises L.P. is selling Pep Boys to Mavis Tire for $700 million. Sale of Pep Boys for $700 million is a major divestiture that materially changes Icahn Enterprises' asset composition and cash position.
Mavis acquires Pep Boys from Icahn Enterprises for $700 million in cash. Divestiture of Pep Boys delivers $700 million cash inflow and removes a major automotive asset from IEP's portfolio.
8 Jun
IEP faces three major risks that threaten its performance and position it as less favorable than an alternative stock recommended for purchase instead. Direct emphasis on multiple risks for IEP can shift investor sentiment and exert moderate downward pressure on valuation.
21 May
Icahn Enterprises missed Q1 expectations, raising doubts about risk controls and dividend sustainability. Q1 miss directly questions core risk oversight and dividend policy at Icahn Enterprises, likely shifting investor sentiment and future performance.
Icahn Enterprises missed Q1 earnings and posted weaker cash flow margins, prompting downward pressure on valuation multiples and investor reassessment of future cash generation. Q1 earnings miss and weaker cash flow margins signal moderate near-term pressure on financial results and stock sentiment without indicating structural change.
16 May
Icahn Enterprises held its Q1 earnings call where analysts raised five key questions on performance, strategy and outlook. Earnings call questions offer moderate visibility into operations and strategy that can influence near-term sentiment.
13 May
Carl C. Icahn continues buying shares of Icahn Enterprises L.P. (IEP). Icahn's continued share purchases signal insider confidence, likely influencing market sentiment and short-term performance.
8 May
Icahn Enterprises L.P. (IEP) reported a wider Q1 loss and appointed a new CEO, prompting debate on whether these developments alter its investment case. Wider Q1 loss and new CEO represent major financial setback and leadership shift likely to significantly sway investor sentiment and company trajectory.
6 May
Icahn Enterprises L.P. Q1 2026 earnings call summary covers quarterly financial results, operational updates, and forward guidance. Earnings call summary reveals financial performance and strategic direction significantly shaping IEP's market trajectory.
Icahn Enterprises L.P. (IEP) Q1 earnings call highlights key financial results, operational updates, and strategic outlook from the quarter. Q1 earnings call highlights disclose financial performance and strategic directions with potential to significantly sway IEP's stock trajectory and investor confidence.
Icahn Enterprises L.P. (IEP) reported Q1 CY2026 sales below analyst estimates, causing the stock to drop. Q1 CY2026 sales miss versus analyst estimates led to immediate stock decline, signaling potential challenges to financial performance and investor confidence.
Icahn Enterprises L.P. (Nasdaq: IEP) announced its first quarter 2026 financial results. Quarterly financial results disclosure represents a major event likely to drive significant shifts in IEP's stock price and investor perceptions.
Icahn Enterprises L.P. (IEP) announces management changes. Management changes can moderately affect leadership stability, strategic direction, and investor sentiment at Icahn Enterprises L.P.
29 Mar
Icahn Enterprises L.P. (IEP) valuation scrutinized after recent results yield mixed shareholder returns. Valuation analysis post-recent results and mixed returns moderately influences investor sentiment and financial outlook.
24 Mar
Icahn Enterprises L.P. (IEP) recently acquired $78 million in Centuri shares, but earlier developments form the core narrative. Addition of $78 million in Centuri shares highlights ongoing strategic investment but is balanced by IEP's broader portfolio and operations.
12 Mar
Tilman Fertitta is in talks to acquire Caesars Entertainment for $7 billion, driving a 12% surge in shares. Fertitta's potential $7B buyout of Caesars offers a major premium for IEP's significant stake, boosting its portfolio value and market performance.
11 Mar
Caesars Entertainment (CZR) shares surged 11.8% after announcement of a $7 billion buyout deal. IEP's substantial stake in CZR positions it for major financial gains from the $7 billion buyout, significantly enhancing its portfolio value and market performance.
Tilman Fertitta is in talks to buy Caesars Entertainment for $7 billion after topping a bid from Carl Icahn. Icahn's outbid loss on $7 billion Caesars acquisition blocks major strategic expansion for IEP.
26 Feb
Carl Icahn acquired 30.5 million shares of Icahn Enterprises L.P. (IEP) valued at $245.6 million. Massive insider buying by founder Carl Icahn signals high confidence and could significantly lift IEP stock price and market sentiment.
Icahn Enterprises (IEP) stock pricing questioned amid recent discounted cash flow (DCF) concerns and ongoing long-term unit declines. DCF concerns and unit declines signal moderate risks to IEP's financial trajectory and investor sentiment.