Symbols / IEP $8.04 -0.19% Icahn Enterprises L.P.

Energy • Oil & Gas Refining & Marketing • United States • NMS
IEP Chart
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About

Icahn Enterprises L.P., through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally. The Investment segment invests its proprietary capital through various private investment funds; and it provides investment advisory, administrative, and back-office services to the investment funds. The Energy segment engages in refining and marketing petroleum in the form of gasoline, diesel, jet fuel, and distillates; renewable fuels business refines renewable feedstocks, such as soybean oil, corn oil, and other related renewable feedstocks into renewable diesel and markets renewable products; and nitrogen fertilizer business produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The Automotive segment engages in repair and maintenance of automotive; sale of installed parts or materials related to automotive services; and sale of automotive aftermarket parts and retailed merchandise. The Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings used to prepare and pack processed meat products. The Real Estate segment consists of investment properties, including land, retail, office, and industrial properties; and development and sale of single-family homes; and the operations of a resort and two country clubs. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. The Pharma segment offers pharmaceutical products and services; and develops approved therapies and product candidates. Icahn Enterprises L.P. was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.

Fundamentals
Scroll to Statements
Market Cap 5.12B Enterprise Value 11.48B Income -293.00M Sales 9.41B Book/sh 4.28 Cash/sh 2.28
Dividend Yield 24.84% Payout 25.00% Employees 13562 IPO — P/E — Forward P/E 9.93
PEG 1.15 P/S 0.54 P/B 1.88 P/C — EV/EBITDA 19.33 EV/Sales 1.22
Quick Ratio 1.02 Current Ratio 1.89 Debt/Eq 207.24 LT Debt/Eq — EPS (ttm) -0.52 EPS next Y 0.81
EPS Growth — Revenue Growth 5.90% Earnings 2026-05-06 ROA -0.02% ROE -8.10% ROIC —
Gross Margin 8.84% Oper. Margin 7.40% Profit Margin -3.11% Shs Outstand 637.21M Shs Float 54.98M Short Float 15.71%
Short Ratio 12.31 Short Interest — 52W High 9.99 52W Low 7.08 Beta 0.77 Avg Volume 930.11K
Volume 643.27K Target Price $12.00 Recom None Prev Close $8.05 Price $8.04 Change -0.19%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$12.00
Mean price target
2. Current target
$8.04
Latest analyst target
3. DCF / Fair value
$0.65
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.04
Low
$12.00
High
$12.00
Mean
$12.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-08-07 main Jefferies Buy → Buy $27
2019-08-29 main UBS — → Sell $55
2019-05-07 main UBS Sell → Sell $56
2018-03-06 main UBS Sell → Sell $45
2017-11-08 main UBS — → Sell $42
2016-08-18 down UBS Neutral → Sell $30
2014-04-18 main Jefferies — → Buy $115
2013-04-10 init Jefferies — → Buy $66
News
RSS: Latest IEP news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2024-09-26 PAPAPOSTOLOU TED Chief Financial Officer — 28,516 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
9,295.00
-6.11%
9,900.00
-16.43%
11,847.00
-16.13%
14,126.00
Operating Revenue
8,631.00
-6.11%
9,193.00
-17.01%
11,077.00
-17.20%
13,378.00
Cost Of Revenue
7,978.00
-7.44%
8,619.00
-7.59%
9,327.00
-20.21%
11,689.00
Reconciled Cost Of Revenue
7,978.00
-7.44%
8,619.00
-7.59%
9,327.00
-20.21%
11,689.00
Gross Profit
1,317.00
+2.81%
1,281.00
-49.17%
2,520.00
+3.41%
2,437.00
Operating Expense
1,436.00
+3.61%
1,386.00
-15.18%
1,634.00
-10.86%
1,833.00
Selling General And Administration
837.00
+6.90%
783.00
-8.10%
852.00
-31.84%
1,250.00
Other Operating Expenses
599.00
-0.66%
603.00
-6.22%
643.00
+10.29%
583.00
Total Expenses
9,414.00
-5.91%
10,005.00
-8.72%
10,961.00
-18.94%
13,522.00
Operating Income
-119.00
-13.33%
-105.00
-111.85%
886.00
+46.69%
604.00
EBITDA
762.00
+63.17%
467.00
+211.33%
150.00
-86.19%
1,086.00
Normalized EBITDA
781.00
-12.25%
890.00
-56.46%
2,044.00
+41.94%
1,440.00
Reconciled Depreciation
603.00
+18.00%
511.00
-1.35%
518.00
+1.77%
509.00
EBIT
159.00
+461.36%
-44.00
+88.04%
-368.00
-163.78%
577.00
Total Unusual Items
-19.00
+95.51%
-423.00
+77.67%
-1,894.00
-435.03%
-354.00
Total Unusual Items Excluding Goodwill
-19.00
+95.51%
-423.00
+77.67%
-1,894.00
-435.03%
-354.00
Special Income Charges
197.00
+212.70%
63.00
+127.04%
-233.00
-164.77%
-88.00
Other Special Charges
—
-46.00
-253.85%
-13.00
-116.67%
78.00
Restructuring And Mergern Acquisition
10.00
+233.33%
3.00
+200.00%
1.00
-50.00%
2.00
Write Off
40.00
0.00
-100.00%
7.00
0.00
Net Income
-299.00
+32.81%
-445.00
+34.94%
-684.00
-273.77%
-183.00
Pretax Income
-345.00
+39.15%
-567.00
+38.50%
-922.00
-10344.44%
9.00
Net Non Operating Interest Income Expense
-216.00
-369.57%
-46.00
-156.10%
82.00
+134.17%
-240.00
Interest Expense Non Operating
504.00
-3.63%
523.00
-5.60%
554.00
-2.46%
568.00
Net Interest Income
-216.00
-369.57%
-46.00
-156.10%
82.00
+134.17%
-240.00
Interest Expense
504.00
-3.63%
523.00
-5.60%
554.00
-2.46%
568.00
Interest Income Non Operating
288.00
-39.62%
477.00
-25.00%
636.00
+93.90%
328.00
Interest Income
288.00
-39.62%
477.00
-25.00%
636.00
+93.90%
328.00
Other Income Expense
-10.00
+97.60%
-416.00
+77.99%
-1,890.00
-432.39%
-355.00
Other Non Operating Income Expenses
5.00
+183.33%
-6.00
+25.00%
-8.00
+27.27%
-11.00
Gain On Sale Of Security
-216.00
+55.56%
-486.00
+70.74%
-1,661.00
-524.44%
-266.00
Gain On Sale Of Business
0.00
-100.00%
24.00
+109.76%
-246.00
0.00
Tax Provision
-19.00
+24.00%
-25.00
-127.78%
90.00
+164.71%
34.00
Tax Rate For Calcs
0.00
+20.43%
0.00
-79.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-1.01
+94.59%
-18.65
+95.31%
-397.74
-435.03%
-74.34
Net Income Including Noncontrolling Interests
-326.00
+39.85%
-542.00
+46.44%
-1,012.00
-3948.00%
-25.00
Net Income From Continuing Operation Net Minority Interest
-299.00
+32.81%
-445.00
+34.94%
-684.00
-273.77%
-183.00
Net Income From Continuing And Discontinued Operation
-299.00
+32.81%
-445.00
+34.94%
-684.00
-273.77%
-183.00
Net Income Continuous Operations
-326.00
+39.85%
-542.00
+46.44%
-1,012.00
-3948.00%
-25.00
Net Income Discontinuous Operations
—
—
—
—
Minority Interests
27.00
-72.16%
97.00
-70.43%
328.00
+307.59%
-158.00
Normalized Income
-281.01
-591.28%
-40.65
-105.00%
812.26
+740.33%
96.66
Net Income Common Stockholders
-293.00
+32.80%
-436.00
+34.93%
-670.00
-274.30%
-179.00
Diluted EPS
-0.52
+44.68%
-0.94
+46.29%
-1.75
-207.02%
-0.57
Basic EPS
-0.52
+44.68%
-0.94
+46.29%
-1.75
-207.02%
-0.57
Basic Average Shares
562.00
+20.60%
466.00
+21.99%
382.00
+20.89%
316.00
Diluted Average Shares
562.00
+20.60%
466.00
+21.99%
382.00
+20.89%
316.00
Diluted NI Availto Com Stockholders
-293.00
+32.80%
-436.00
+34.93%
-670.00
-274.30%
-179.00
Earnings From Equity Interest
4.00
-69.23%
13.00
+8.33%
12.00
+20.00%
10.00
Gain On Sale Of PPE
247.00
+6275.00%
-4.00
-150.00%
8.00
+200.00%
-8.00
Preferred Stock Dividends
-6.00
+33.33%
-9.00
+35.71%
-14.00
-250.00%
-4.00
Provision For Doubtful Accounts
0.00
0.00
-100.00%
139.00
0.00
Total Other Finance Cost
—
56.00
-35.63%
87.00
-8.42%
95.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
14,215.00
-12.68%
16,279.00
-21.95%
20,858.00
-25.28%
27,914.00
Current Assets
8,693.00
-17.84%
10,581.00
-28.83%
14,868.00
-28.80%
20,883.00
Cash Cash Equivalents And Short Term Investments
3,701.00
-24.67%
4,913.00
-17.61%
5,963.00
-34.80%
9,146.00
Cash And Cash Equivalents
1,450.00
-44.30%
2,603.00
-11.79%
2,951.00
+26.27%
2,337.00
Other Short Term Investments
2,251.00
-2.55%
2,310.00
-23.31%
3,012.00
-55.76%
6,809.00
Receivables
2,178.00
+3.22%
2,110.00
-56.61%
4,863.00
-36.49%
7,657.00
Accounts Receivable
393.00
-17.95%
479.00
-1.24%
485.00
-19.97%
606.00
Other Receivables
1,656.00
+1.97%
1,624.00
-62.81%
4,367.00
-38.07%
7,051.00
Inventory
845.00
-5.80%
897.00
-14.33%
1,047.00
-31.61%
1,531.00
Raw Materials
272.00
-7.17%
293.00
-20.16%
367.00
+9.55%
335.00
Work In Process
95.00
+3.26%
92.00
-3.16%
95.00
-9.52%
105.00
Finished Goods
478.00
-6.64%
512.00
-12.48%
585.00
-46.38%
1,091.00
Restricted Cash
1,969.00
-25.30%
2,636.00
-11.99%
2,995.00
+17.50%
2,549.00
Assets Held For Sale Current
0.00
-100.00%
25.00
0.00
—
Total Non Current Assets
5,522.00
-3.09%
5,698.00
-4.87%
5,990.00
-14.81%
7,031.00
Net PPE
3,670.00
-4.50%
3,843.00
-3.17%
3,969.00
-1.71%
4,038.00
Gross PPE
8,336.00
-0.73%
8,397.00
+2.40%
8,200.00
+2.94%
7,966.00
Accumulated Depreciation
-4,666.00
-2.46%
-4,554.00
-7.63%
-4,231.00
-7.71%
-3,928.00
Properties
—
—
—
0.00
Land And Improvements
195.00
-41.79%
335.00
+0.90%
332.00
+0.30%
331.00
Buildings And Improvements
783.00
-30.65%
1,129.00
+6.71%
1,058.00
+9.75%
964.00
Machinery Furniture Equipment
6,184.00
-0.40%
6,209.00
+2.07%
6,083.00
+0.81%
6,034.00
Construction In Progress
339.00
+29.89%
261.00
-5.09%
275.00
+30.95%
210.00
Other Properties
835.00
+80.35%
463.00
+2.43%
452.00
+5.85%
427.00
Goodwill And Other Intangible Assets
639.00
-8.32%
697.00
-7.56%
754.00
-8.16%
821.00
Goodwill
290.00
+0.69%
288.00
+0.00%
288.00
+0.00%
288.00
Other Intangible Assets
349.00
-14.67%
409.00
-12.23%
466.00
-12.57%
533.00
Non Current Deferred Assets
165.00
+3.13%
160.00
-13.04%
184.00
+44.88%
127.00
Non Current Deferred Taxes Assets
165.00
+3.13%
160.00
-13.04%
184.00
+44.88%
127.00
Other Non Current Assets
1,041.00
+6.66%
976.00
-4.22%
1,019.00
-17.82%
1,240.00
Total Liabilities Net Minority Interest
10,789.00
-7.45%
11,658.00
-21.15%
14,785.00
-19.45%
18,356.00
Current Liabilities
1,903.00
-21.36%
2,420.00
-12.32%
2,760.00
-26.54%
3,757.00
Payables And Accrued Expenses
1,882.00
-21.22%
2,389.00
-12.39%
2,727.00
-27.01%
3,736.00
Payables
690.00
-18.05%
842.00
-25.55%
1,131.00
-35.56%
1,755.00
Accounts Payable
690.00
-13.97%
802.00
-3.37%
830.00
-4.60%
870.00
Other Payable
—
40.00
-86.71%
301.00
-65.99%
885.00
Current Accrued Expenses
1,192.00
-22.95%
1,547.00
-3.07%
1,596.00
-19.43%
1,981.00
Current Debt And Capital Lease Obligation
21.00
-32.26%
31.00
-6.06%
33.00
+57.14%
21.00
Current Debt
21.00
-32.26%
31.00
-6.06%
33.00
+57.14%
21.00
Total Non Current Liabilities Net Minority Interest
8,886.00
-3.81%
9,238.00
-23.18%
12,025.00
-17.63%
14,599.00
Long Term Debt And Capital Lease Obligation
6,595.00
-2.70%
6,778.00
-5.52%
7,174.00
+1.40%
7,075.00
Long Term Debt
6,595.00
-2.70%
6,778.00
-5.52%
7,174.00
+1.40%
7,075.00
Non Current Deferred Liabilities
314.00
-5.14%
331.00
-17.04%
399.00
+18.05%
338.00
Non Current Deferred Taxes Liabilities
314.00
-5.14%
331.00
-17.04%
399.00
+18.05%
338.00
Other Non Current Liabilities
1,382.00
+0.66%
1,373.00
-60.47%
3,473.00
-46.53%
6,495.00
Stockholders Equity
0.00
0.00
0.00
0.00
Common Stock Equity
1,942.00
-21.25%
2,466.00
-23.13%
3,208.00
-17.74%
3,900.00
Share Issued
637.21
+21.90%
522.74
+21.84%
429.03
+21.34%
353.57
Ordinary Shares Number
637.21
+21.90%
522.74
+21.84%
429.03
+21.34%
353.57
Minority Interest
1,484.00
-31.14%
2,155.00
-24.78%
2,865.00
-49.36%
5,658.00
Total Equity Gross Minority Interest
3,426.00
-25.86%
4,621.00
-23.91%
6,073.00
-36.46%
9,558.00
Total Capitalization
8,537.00
-7.65%
9,244.00
-10.96%
10,382.00
-5.40%
10,975.00
Working Capital
6,790.00
-16.80%
8,161.00
-32.60%
12,108.00
-29.30%
17,126.00
Invested Capital
8,558.00
-7.73%
9,275.00
-10.95%
10,415.00
-5.28%
10,996.00
Total Debt
6,616.00
-2.83%
6,809.00
-5.52%
7,207.00
+1.56%
7,096.00
Net Debt
5,166.00
+22.82%
4,206.00
-1.17%
4,256.00
-10.57%
4,759.00
Net Tangible Assets
-639.00
+8.32%
-697.00
+7.56%
-754.00
+8.16%
-821.00
Tangible Book Value
1,303.00
-26.34%
1,769.00
-27.91%
2,454.00
-20.30%
3,079.00
Derivative Product Liabilities
595.00
-21.30%
756.00
-22.78%
979.00
+41.68%
691.00
Financial Assets
7.00
-68.18%
22.00
-65.63%
64.00
-92.05%
805.00
General Partnership Capital
-786.00
-1.42%
-775.00
-1.84%
-761.00
-1.87%
-747.00
Limited Partnership Capital
2,728.00
-15.83%
3,241.00
-18.34%
3,969.00
-14.59%
4,647.00
Line Of Credit
21.00
-32.26%
31.00
-6.06%
33.00
+57.14%
21.00
Notes Receivable
129.00
+1742.86%
7.00
-36.36%
11.00
0.00
Total Partnership Capital
1,942.00
-21.25%
2,466.00
-23.13%
3,208.00
-17.74%
3,900.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-313.00
-137.62%
832.00
-77.73%
3,736.00
+254.12%
1,055.00
Cash Flow From Continuing Operating Activities
-313.00
-137.62%
832.00
-77.73%
3,736.00
+254.12%
1,055.00
Net Income From Continuing Operations
-326.00
+39.85%
-542.00
+46.44%
-1,012.00
-3948.00%
-25.00
Depreciation Amortization Depletion
603.00
+18.00%
511.00
-1.35%
518.00
+1.77%
509.00
Depreciation And Amortization
603.00
+18.00%
511.00
-1.35%
518.00
+1.77%
509.00
Other Non Cash Items
488.00
+129.10%
-1,677.00
-668.47%
295.00
-91.26%
3,374.00
Asset Impairment Charge
40.00
0.00
-100.00%
7.00
0.00
Deferred Tax
9.00
+120.00%
-45.00
+6.25%
-48.00
+67.57%
-148.00
Deferred Income Tax
9.00
+120.00%
-45.00
+6.25%
-48.00
+67.57%
-148.00
Operating Gains Losses
-570.00
-370.14%
211.00
-74.67%
833.00
+1288.33%
60.00
Gain Loss On Investment Securities
-323.00
-256.04%
207.00
-65.21%
595.00
+1044.23%
52.00
Change In Working Capital
-557.00
-123.46%
2,374.00
-24.47%
3,143.00
+215.76%
-2,715.00
Change In Receivables
86.00
+473.33%
15.00
-82.35%
85.00
+177.27%
-110.00
Changes In Account Receivables
86.00
+473.33%
15.00
-80.77%
78.00
+170.91%
-110.00
Change In Inventory
28.00
-78.95%
133.00
+392.59%
27.00
+128.13%
-96.00
Change In Payables And Accrued Expense
-136.00
-138.60%
-57.00
+82.24%
-321.00
-270.74%
188.00
Change In Accrued Expense
-1.00
+95.83%
-24.00
+93.68%
-380.00
-365.73%
143.00
Change In Payable
-135.00
-309.09%
-33.00
-155.93%
59.00
+31.11%
45.00
Change In Account Payable
-135.00
-309.09%
-33.00
-155.93%
59.00
+31.11%
45.00
Change In Other Working Capital
-217.00
-109.50%
2,284.00
-30.72%
3,297.00
+222.75%
-2,686.00
Change In Other Current Assets
-318.00
-31700.00%
-1.00
-101.82%
55.00
+600.00%
-11.00
Investing Cash Flow
-402.00
-86.98%
-215.00
+25.86%
-290.00
-11.54%
-260.00
Cash Flow From Continuing Investing Activities
-402.00
-86.98%
-215.00
+25.86%
-290.00
-11.54%
-260.00
Capital Expenditure
-341.00
-21.79%
-280.00
+7.59%
-303.00
+10.36%
-338.00
Capital Expenditure Reported
-341.00
-21.79%
-280.00
+7.59%
-303.00
+10.36%
-338.00
Net Investment Purchase And Sale
—
0.00
0.00
-100.00%
153.00
Purchase Of Investment
—
—
—
0.00
Sale Of Investment
—
0.00
0.00
-100.00%
153.00
Net Business Purchase And Sale
120.00
+31.87%
91.00
+600.00%
13.00
+225.00%
4.00
Purchase Of Business
0.00
+100.00%
-2.00
+90.00%
-20.00
0.00
Gain Loss On Sale Of Business
0.00
0.00
-100.00%
246.00
0.00
Net Other Investing Changes
-181.00
-596.15%
-26.00
—
-79.00
Financing Cash Flow
-1,105.00
+16.48%
-1,323.00
+44.53%
-2,385.00
-593.31%
-344.00
Cash Flow From Continuing Financing Activities
-1,105.00
+16.48%
-1,323.00
+44.53%
-2,385.00
-593.31%
-344.00
Net Issuance Payments Of Debt
-201.00
+49.50%
-398.00
-458.56%
111.00
+118.47%
-601.00
Issuance Of Debt
513.00
-68.49%
1,628.00
+17.80%
1,382.00
+1101.74%
115.00
Repayment Of Debt
-714.00
+64.76%
-2,026.00
-59.40%
-1,271.00
-77.51%
-716.00
Long Term Debt Issuance
513.00
-68.49%
1,628.00
+17.80%
1,382.00
+1101.74%
115.00
Long Term Debt Payments
-714.00
+64.76%
-2,026.00
-59.40%
-1,271.00
-77.51%
-716.00
Net Long Term Debt Issuance
-201.00
+49.50%
-398.00
-458.56%
111.00
+118.47%
-601.00
Cash Dividends Paid
-288.00
+26.34%
-391.00
-27.36%
-307.00
-35.84%
-226.00
Net Other Financing Charges
-616.00
-15.36%
-534.00
+75.61%
-2,189.00
-553.21%
483.00
Changes In Cash
-1,820.00
-157.79%
-706.00
-166.54%
1,061.00
+135.25%
451.00
Effect Of Exchange Rate Changes
0.00
+100.00%
-1.00
+0.00%
-1.00
+0.00%
-1.00
Beginning Cash Position
5,239.00
-11.89%
5,946.00
+21.69%
4,886.00
+10.14%
4,436.00
End Cash Position
3,419.00
-34.74%
5,239.00
-11.89%
5,946.00
+21.69%
4,886.00
Free Cash Flow
-654.00
-218.48%
552.00
-83.92%
3,433.00
+378.80%
717.00
Interest Paid Supplemental Data
494.00
+16.78%
423.00
-0.70%
426.00
-2.74%
438.00
Income Tax Paid Supplemental Data
6.00
-90.91%
66.00
-37.14%
105.00
-41.67%
180.00
Other Cash Adjustment Inside Changein Cash
—
—
—
—
Sale Of Business
120.00
+29.03%
93.00
+181.82%
33.00
+725.00%
4.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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