Icahn Enterprises LP (IEP)
NASDAQ:IEP
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IEP Stock Chart & Stats
$8.00
-$0.15(-1.66%)
At close: 4:00 PM EST
$8.00
-$0.15(-1.66%)
Day’s Range― - ―
52-Week Range$7.08 - $9.99
Previous CloseN/A
Volume321.02K
Average Volume (3M)860.23K
Market Cap
$5.39B
Enterprise Value$8.49B
Total Cash (Recent Filing)$4.93B
Total Debt (Recent Filing)$6.39B
Price to Earnings (P/E)―
Beta0.92
Next Earnings
Aug 12, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend Yield27.59%
Share Statistics
EPS (TTM)-0.87
Shares Outstanding672,050,540
10 Day Avg. Volume624,244
30 Day Avg. Volume860,234
Financial Highlights & Ratios
PEG Ratio0.33
Price to Book (P/B)1.59
Price to Sales (P/S)0.46
P/FCF Ratio-6.64
Enterprise Value/Market Cap1.57
Enterprise Value/Revenue0.85
Enterprise Value/Gross Profit10.12
Enterprise Value/Ebitda14.29
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.68
Revenue Forecast (FY)$9.29B
Bulls Say, Bears Say
Bulls Say
Diversified Holding-company ModelIEP’s multi-industry holding structure spreads revenue and operational risk across cyclical and non-cyclical businesses, enabling capital reallocation and risk mitigation. That durable diversification supports NAV stability and optionality to redeploy cash across segments over the medium term.
Strong Near-term LiquiditySubstantial holding-company and subsidiary liquidity gives Icahn Enterprises flexibility to fund distributions, cover obligations, and pursue opportunistic investments without immediate asset sales. That cash buffer materially reduces short-term refinancing and operational stress risk over coming quarters.
Improving Operating Cash Generation And Operational TailwindsOperating cash flow turning positive and high refining utilization indicate underlying businesses can generate cash when commodity and demand conditions cooperate. Combined with strong fertilizer results, this supports medium-term cash coverage for capex and gradual deleveraging when trends persist.
Bears Say
High Leverage Relative To EquityThe capital structure is still risk‑tilted: material debt on a thin equity base limits financial flexibility and amplifies earnings shocks. Even with some debt reduction, high leverage constrains investment choices and increases refinancing and covenant risk if profitability does not sustainably recover.
Recurring Net Losses And Weak ProfitabilityConsistent net losses and negative ROE signal the group’s earnings power is insufficient to rebuild equity organically. Persistent below‑line losses undermine long-term distribution sustainability and make deleveraging dependent on either recovery in operating profits or non‑recurring portfolio gains.
Investment/funding Strategy Volatility (hedges/shorts)Large derivative and hedge losses this quarter and a sizable net short stance show the investment segment can materially swing consolidated results. Such directional positioning injects recurring volatility into NAV and distributable cash, complicating long-term planning and raising the probability of future earnings shocks.
Icahn Enterprises News
IEP FAQ
What was Icahn Enterprises LP’s price range in the past 12 months?
Icahn Enterprises LP lowest stock price was $7.08 and its highest was $9.99 in the past 12 months.
What is Icahn Enterprises LP’s market cap?
Icahn Enterprises LP’s market cap is $5.39B.
When is Icahn Enterprises LP’s upcoming earnings report date?
Icahn Enterprises LP’s upcoming earnings report date is Aug 12, 2026 which is in 93 days.
How were Icahn Enterprises LP’s earnings last quarter?
Icahn Enterprises LP released its earnings results on May 06, 2026. The company reported -$0.71 earnings per share for the quarter, missing the consensus estimate of $0.1 by -$0.81.
Is Icahn Enterprises LP overvalued?
According to Wall Street analysts Icahn Enterprises LP’s price is currently Overvalued.
Does Icahn Enterprises LP pay dividends?
Icahn Enterprises LP pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 27.59%. See more information on Icahn Enterprises LP dividends here
What is Icahn Enterprises LP’s EPS estimate?
Icahn Enterprises LP’s EPS estimate is 0.12.
How many shares outstanding does Icahn Enterprises LP have?
Icahn Enterprises LP has 672,050,540 shares outstanding.
What happened to Icahn Enterprises LP’s price movement after its last earnings report?
Icahn Enterprises LP reported an EPS of -$0.71 in its last earnings report, missing expectations of $0.1. Following the earnings report the stock price went down -4.682%.
Which hedge fund is a major shareholder of Icahn Enterprises LP?
Currently, no hedge funds are holding shares in IEP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Icahn Enterprises Stock Smart Score
Neutral
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Blogger Sentiment
Bearish
IEP Sentiment 70%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 30.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 9.0%
Last 30 Days ▲ 9.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.05%
12-Months-Change
Fundamentals
Return on Equity
-18.80%
Trailing 12-Months
Asset Growth
-16.46%
Trailing 12-Months
Company Description
Icahn Enterprises LP
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. Its Real Estate segment is involved in the rental of retail, office, and industrial properties; construction and sale of single-family homes and residential units; and golf and club operations. This segment also engages in hotel and timeshare resort operations. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
IEP Company Deck
IEP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture: clear operational and portfolio highlights (NAV up $201M, strong CVI contribution and dividend, solid liquidity of ~$2.8B at the holding company and $1.3B at subsidiaries, positive standalone fund performance excluding hedges, several portfolio companies showing stock and operational gains, and certain segment improvements). However, large, concentrated losses tied to refining hedges and energy derivatives (totaling several hundred million), a sizeable net loss ($459M), negative adjusted EBITDA for the quarter, increased net short exposure in the funds, and multiple segment-level EBITDA declines tempered the positives. Management emphasized liquidity, positioning, and opportunities ahead, but near-term financials were materially impacted by hedging and market-driven headwinds.View all IEP earnings summariesTechnical Analysis
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Ownership Overview
86.59% Insiders
0.05% Mutual Funds
0.05% Other Institutional Investors
12.41% Public Companies and
Individual Investors