Icahn Enterprises (IEP) AI Stock Analysis

• Market Cap: $5.40B
• Dividend Yield: 22.65%
• Average Volume (3M): 849.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: -8.45%
• EPS Growth: 27.66%
• Country: US
• Employees: 15,037
• Sector: Energy
• Sector Strength: 52
• Industry: Conglomerates
• EPS (TTM): 0.49
• Shares Outstanding: 600,208,500
• 10 Day Avg. Volume: 1,194,616
• 30 Day Avg. Volume: 849,002
• PEG Ratio: 0.20
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 7.32
• Enterprise Value/Market Cap: 1.87
• Enterprise Value/Revenue: 1.04
• Enterprise Value/Gross Profit: 10.28
• Enterprise Value/Ebitda: 18.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.75
• Revenue Forecast (FY): $8.34B

• Rating: 51 Neutral
• Price Target: $9.00 ▲(8.56% Upside)

Icahn Enterprises' overall stock score reflects significant financial challenges, including inconsistent revenue growth and high leverage. While technical indicators show some bullish momentum, the valuation is mixed due to negative earnings despite a high dividend yield. The earnings call highlighted both improvements and ongoing challenges, particularly in the Energy segment. Addressing financial stability and profitability is crucial for future performance.

Icahn Enterprises Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Icahn Enterprises generates revenue primarily through its investment activities. The company invests in a range of industries, acquiring significant stakes in publicly traded companies and engaging in activist investing to drive changes that enhance shareholder value. Revenue streams include capital gains from the appreciation of investments, dividend income from portfolio companies, and income from operating subsidiaries in its various sectors. Additionally, IEP may generate revenue through advisory services, leveraging the expertise of its management team and network. The company's diversified portfolio mitigates risks and allows for multiple sources of income, contributing to its overall financial performance.

Icahn Enterprises Financial Statement Overview

Summary

Icahn Enterprises faces challenges across its financial statements, with inconsistent revenue growth, negative profitability, high leverage, and volatile cash flows. To improve its financial health, the company should focus on enhancing profitability, reducing debt, and stabilizing cash flows. Addressing these areas will be crucial for long-term sustainability and growth.

Income Statement

Icahn Enterprises has shown inconsistent revenue growth, with a recent TTM increase of 19.5% following a decline in previous years. However, profitability remains a concern with negative net profit margins and fluctuating EBIT and EBITDA margins. The company needs to stabilize its revenue growth and improve its profitability metrics to enhance its financial health.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio, particularly in recent years, suggesting significant leverage. Return on equity is negative, reflecting ongoing losses. The equity ratio has been declining, indicating potential financial instability. Improving equity and reducing debt levels could strengthen the company's financial position.

Cash Flow

Cash flow analysis reveals a volatile free cash flow growth rate, with a significant decline in the recent TTM period. The operating cash flow to net income ratio is positive, but the free cash flow to net income ratio is negative, highlighting cash flow management challenges. Stabilizing free cash flow and improving cash flow efficiency are critical for future financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.74B	10.17B	11.92B	14.42B	12.29B	6.67B
Gross Profit	983.00M	935.00M	1.95B	2.20B	2.33B	-196.00M
EBITDA	550.00M	467.00M	150.00M	1.09B	605.00M	-1.45B
Net Income	-385.00M	-436.00M	-670.00M	-179.00M	-604.00M	-1.62B
Balance Sheet
Total Assets	14.83B	16.28B	20.86B	27.91B	27.75B	24.99B
Cash, Cash Equivalents and Short-Term Investments	4.03B	5.24B	5.96B	9.15B	11.47B	10.61B
Total Debt	8.61B	7.34B	7.21B	7.10B	7.69B	8.06B
Total Liabilities	11.41B	11.66B	14.79B	18.36B	18.40B	15.73B
Stockholders Equity	2.73B	3.24B	3.97B	9.56B	9.34B	9.26B
Cash Flow
Free Cash Flow	-2.00M	552.00M	3.43B	717.00M	16.00M	-615.00M
Operating Cash Flow	352.00M	832.00M	3.74B	1.05B	321.00M	-416.00M
Investing Cash Flow	-326.00M	-215.00M	-290.00M	-260.00M	528.00M	-581.00M
Financing Cash Flow	-731.00M	-1.32B	-2.38B	-344.00M	293.00M	-653.00M

Icahn Enterprises Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.29
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IEP, the sentiment is Positive. The current price of 8.29 is below the 20-day moving average (MA) of 8.35, below the 50-day MA of 8.31, and above the 200-day MA of 8.27, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 69.50 is Neutral, neither overbought nor oversold. The STOCH value of 74.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IEP.

Icahn Enterprises Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GFF	65 Neutral	$3.35B	53.75	48.69%	1.01%	-3.37%	-61.83%
MDU	62 Neutral	$4.31B	25.57	6.42%	2.48%	-57.80%	-57.40%
CODI	53 Neutral	$447.65M	―	―	17.95%	6.77%	9.95%
FIP	52 Neutral	$594.26M	-2.04	-13.99%	1.69%	32.39%	-19.35%
IEP	51 Neutral	$5.40B	―	-12.71%	22.65%	-8.45%	27.66%
TRC	48 Neutral	$419.01M	-794.90	0.63%	―	15.71%	―

Icahn Enterprises Corporate Events

Icahn Enterprises Highlights Strategic Focus in New Presentation

Icahn Enterprises L.P. has released updated presentation materials intended for investor and media engagements, highlighting its diversified business operations and financial performance as of September 30, 2025. The presentation outlines the company’s strategic focus on organic growth and consolidation opportunities across its subsidiaries, which possess competitive strengths and leading market positions. The release also addresses various risks and uncertainties affecting the company’s operations, including economic volatility, competition, and regulatory challenges.

The most recent analyst rating on (IEP) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Icahn Enterprises stock, see the IEP Stock Forecast page.

Icahn Enterprises Reports Strong Q3 2025 Results

Icahn Enterprises L.P. is a diversified holding company that operates in various sectors including investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals.

Icahn Enterprises Completes $500 Million Notes Sale

On August 19, 2025, Icahn Enterprises L.P. and Icahn Enterprises Finance Corp. completed the sale of $500 million in Senior Secured Notes, priced at 99.010% of their face value. The proceeds, approximately $493 million, will be used to partially redeem existing 6.250% Senior Notes due 2026. The Notes are secured by the Issuers’ assets and interest payments will commence on November 15, 2025.

The most recent analyst rating on (IEP) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Icahn Enterprises stock, see the IEP Stock Forecast page.