Icahn Enterprises L.P.
IEP Energy Oil & Gas Refining & Marketing
Icahn Enterprises L.P.’s revenue for fiscal 2025 (year ended December 2025) was $9.7 billion, down 3.61% from fiscal 2024.
- Revenue
- +16.4%
- EPS
- −163.3%
- Free cash flow
- +400.0%
- Total debt
- −4.95%
Quarter to September 2026, against a year earlier
Follow IEP
Alert me
Icahn Enterprises L.P. (IEP) EV/EBITDA
As of 5 November 2026, Icahn Enterprises L.P. (IEP) trades at a EV/EBITDA of 7.7×. Over the past ten years it has ranged from 0.0× (June 2025) to 153× (April 2023); the current reading is higher than 64% of that period. That is above the Oil & Gas Refining & Marketing industry median of 5.0× and above the Energy sector median of 6.2×.
EV/EBITDA, daily
Embed this chart
Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 6.1× | (2.36%) |
| FY2024 | 6.3× | (20.81%) |
| FY2023 | 7.9× | (20.02%) |
| FY2022 | 9.9× | (13.65%) |
| FY2021 | 11.5× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 2.9× | 108.62% |
| FY2017 | 1.4× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Sep 2026 | 9.3× | 1.25% |
| Jun 2026 | 9.1× | 26.80% |
| Mar 2026 | 7.2× | 17.76% |
| Dec 2025 | 6.1× | (32.21%) |
| 43 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PBF PBF Energy Inc. compare | 1.8× |
| PARR Par Pacific Holdings, Inc. compare | 2.8× |
| UGP Ultrapar Participacoes S.A. compare | 4.2× |
| CVI CVR Energy Inc. compare | 4.8× |
| SUN Sunoco LP compare | 6.0× |
| DK Delek US Holdings, Inc. compare | 6.4× |
| IEP Icahn Enterprises L.P. | 7.7× |
| WKC World Kinect Corporation compare | 8.2× |
| DKL Delek Logistics Partners, L.P. compare | 15.6× |
| Oil & Gas Refining & Marketing industry median | 5.0× |
| Energy sector median | 6.2× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on IEP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement