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

5.16 0.18 −3.37%
Market cap
$3.7B
P/E
0.0×
Fwd P/E
18.5×
Dividend yield
38.8%
F-score
4/9
Altman Z
n/a
Beneish M
−2.62
Dividend safety
16/100

Icahn Enterprises L.P. (IEP) EV/EBITDA

Alert me on 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

Against its own ten years

Low 0.0× High 153×
Ten-year median 4.8×
Current reading's percentile 64

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)

The full definition of EV/EBITDA →

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