Icahn Enterprises (IEP) AI Stock Analysis

• Market Cap: $4.85B
• Dividend Yield: 24.75%
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.90
• 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: 1,130,352
• 30 Day Avg. Volume: 1,123,243
• 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: 2.08
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $7.50 ▼(-6.25% Downside)

Icahn Enterprises' overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. While the high dividend yield and strong liquidity position provide some positives, the negative P/E ratio and mixed earnings call results highlight ongoing challenges. The company needs to address its financial instability and improve profitability to enhance its stock attractiveness.

Positive Factors

Energy Segment Performance

The significant turnaround in the energy segment's EBITDA indicates improved operational efficiency and strategic positioning, enhancing long-term profitability.

Strong Liquidity Position

A robust liquidity position provides financial flexibility to invest in growth opportunities and weather economic uncertainties, supporting long-term stability.

Strategic Investments

Successful strategic investments like EchoStar demonstrate effective capital allocation, potentially leading to substantial returns and enhanced shareholder value.

Negative Factors

High Leverage

High leverage can strain financial resources and limit strategic flexibility, posing risks to long-term financial health and operational stability.

Decline in Real Estate Segment

The decline in the real estate segment's EBITDA reflects operational challenges that could hinder profitability and growth in this sector over the long term.

Inconsistent Revenue Growth

Inconsistent revenue growth suggests volatility in business performance, which can impact long-term planning and investor confidence in sustained growth.

Icahn Enterprises Business Overview & Revenue Model

Company Description

Icahn Enterprises (IEP) is a diversified holding company founded by investor Carl Icahn. The company operates across various sectors including automotive, energy, pharmaceuticals, food packaging, and real estate. IEP primarily invests in a range of businesses, often taking significant stakes and advocating for operational improvements or strategic changes to enhance shareholder value. Its portfolio encompasses companies that are leaders in their respective industries, allowing IEP to leverage its expertise in activist investing.

How the Company Makes Money

Icahn Enterprises generates revenue through its diverse portfolio of investments and operating businesses. Key revenue streams include income from its subsidiaries, which operate in sectors such as automotive (including a significant stake in Federal-Mogul), energy (notably through investments in various oil and gas companies), and pharmaceuticals. Additionally, IEP earns capital gains from the appreciation of its equity investments, as well as dividends from its holdings. The company's activist investment strategy often involves taking large positions in undervalued companies and pushing for changes that improve performance, leading to potential exit opportunities at higher valuations. Strategic partnerships and collaborations with other firms and stakeholders also enhance its revenue potential, particularly in high-stakes negotiations and restructuring efforts.

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.

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	5.95B	4.89B	4.44B	12.20B
Total Debt	8.61B	8.71B	11.21B	14.07B	13.51B	11.15B
Total Liabilities	11.41B	11.66B	14.79B	18.36B	18.40B	15.73B
Stockholders Equity	2.73B	3.24B	3.97B	4.65B	4.30B	4.24B
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: Neutral
• Last Price: 8.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IEP, the sentiment is Neutral. The current price of 8 is below the 20-day moving average (MA) of 8.32, below the 50-day MA of 8.26, and below the 200-day MA of 8.25, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 46.98 is Neutral, neither overbought nor oversold. The STOCH value of 58.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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%
MDU	62 Neutral	$4.22B	25.03	6.42%	2.57%	-57.80%	-57.40%
GFF	61 Neutral	$3.42B	67.67	34.20%	1.03%	-3.95%	-74.65%
CODI	59 Neutral	$553.74M	―	―	14.20%	6.77%	9.95%
IEP	48 Neutral	$4.85B	―	-12.71%	24.75%	-8.45%	27.66%
TRC	48 Neutral	$419.01M	-794.90	0.63%	―	15.71%	―
FIP	48 Neutral	$495.41M	-1.76	-13.99%	2.11%	32.39%	-19.35%

Icahn Enterprises Corporate Events

Icahn Enterprises LP’s Mixed Earnings Call Highlights Gains and Challenges

Icahn Enterprises LP’s recent earnings call painted a picture of both triumphs and trials. The company reported significant gains in net asset value and energy segment performance, alongside positive developments in key investments. However, these were tempered by declines in the real estate, food packaging, home fashions, and pharma segments. Despite these challenges, the company’s robust liquidity and strategic investments provided a strong counterbalance.

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.