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

4.93 0.20 −3.90%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Icahn Enterprises L.P. (IEP) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 0.6× (February 2016) to 3.1× (October 2026); the current reading is higher than 99% of that period. That is above the Oil & Gas Refining & Marketing industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.2× 41.66%
FY2024 0.9× (21.25%)
FY2023 1.1× (34.97%)
FY2022 1.7× 23.72%
FY2021 1.4× 14.09%
FY2020 1.2× 7.61%
FY2019 1.1× 42.00%
FY2018 0.8× (2.62%)
FY2017 0.8× (25.54%)
FY2016 1.1× 38.52%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.1× 37.57%
Jun 2026 2.2× 9.69%
Mar 2026 2.0× 65.45%
Dec 2025 1.2× (12.54%)
43 more quarters

Against its own ten years

Low 0.6× High 3.1×
Ten-year median 1.1×
Current reading's percentile 99

P/B ratio against peers

Company P/B ratio
DKL Delek Logistics Partners, L.P. compare n/m
PBF PBF Energy Inc. compare 1.0×
SUN Sunoco LP compare 1.2×
WKC World Kinect Corporation compare 1.5×
UGP Ultrapar Participacoes S.A. compare 1.5×
PARR Par Pacific Holdings, Inc. compare 1.7×
IEP Icahn Enterprises L.P. 2.4×
CVI CVR Energy Inc. compare 3.2×
DK Delek US Holdings, Inc. compare 9.1×
Oil & Gas Refining & Marketing industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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