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/FCF

Alert me on EV/FCF

As of 5 November 2026, Icahn Enterprises L.P. (IEP) trades at a EV/FCF of −109×. Over the past ten years it has ranged from −263× (May 2017) to 778× (February 2022); the current reading is higher than 3% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 −6.1× —
FY2024 6.6× 347.32%
FY2023 1.5× (92.00%)
FY2022 18.5× (97.09%)
FY2021 636× —
FY2020 −9.1× —
FY2019 −4.5× —
FY2018 1.0× (93.34%)
FY2017 14.7× 94.01%
FY2016 7.6× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 −132× —
Jun 2026 −26.0× —
Mar 2026 −24.6× —
Dec 2025 −6.1× —
43 more quarters

Against its own ten years

Low −263× High 778×
Ten-year median 3.2×
Current reading's percentile 3

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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