Icahn Enterprises L.P. (IEP) is a publicly traded company in the Energy — Oil & Gas Refining & Marketing industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Icahn Enterprises L.P. (IEP) is a diverse holding company that operates through its various subsidiaries across numerous industries, serving both the United States and international markets. Its core business activities span investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. Specifically, the Investment division strategically deploys its own capital by managing a portfolio of private investment funds.
Is Icahn Enterprises L.P. stock overvalued or undervalued in 2026?
As of October 30, 2026, Icahn Enterprises L.P. (IEP) trades at $5.19 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Icahn Enterprises L.P.
Market cap $4B · 52 weeks $5 – $9 (28 % below the high) · P/E no earnings · 2027 expected P/E 9.4× · Dividend 41.7 % · Next earnings November 3, 2026 · expected EPS $0.09 · Closing price, Oct 30 · accounts published Aug 5.
- Valuation: EV/EBITDA 22.6× (no earnings).
- Business: 5-year ROIC 0.0 % (weak).
- Balance sheet: Net debt/EBITDA 4.2× (fragile).
- Earnings: 1 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 1 of 7 pass
- FCF yield −21.8 %, fails.
- 5y avg ROIC 0.0 %, fails.
- Positive FCF through the cycle 6 de 10 ejercicios, fails.
- Dividend coverage (FCF / div) −2.3×, fails.
- Net debt / EBITDA 4.2×, fails.
- Capex / Revenue 3.6 %, fails.
- EV/EBITDA vs own 10y 22.6×, passes.
Against its peers (reference peers) — Icahn Enterprises L.P.: P/E —; EV/EBITDA 22.6×; ROIC -5.3 %; $3.7B. Par Pacific Holdings, Inc. (P/E 4.5×; EV/EBITDA 3.6×; ROIC 33.3 %; $3.8B), Delek US Holdings, Inc. (P/E 20.7×; EV/EBITDA 6.8×; ROIC 15.0 %; $4.5B), CVR Energy, Inc. (P/E 84.6×; EV/EBITDA 9.1×; ROIC 3.4 %; $5.9B).
Dividend
tight (only raised recently) · Yield 41.7 % ($0.50 per share in 2025) · 5-year growth -27 % a year · Free cash flow coverage 4.2× · With $1,000 invested today you'd collect $417.30 a year ($34.77 a month).
Profitability
| Return on Equity | -22.42% |
| Return on Invested Capital | -5.26% |
| Return on Assets | -4.01% |
| Gross Margin | 8.28% |
| Operating Margin | -3.14% |
| Net Margin | -4.83% |
Financial Health
| Debt / Equity | 4.32 |
| Current Ratio | 1.56 |
| Piotroski F-Score | 2 |
| Altman Z-Score | 1.48 |
Price Performance
| 1 month | -22.22% |
| 3 months | -32.61% |
| Year-to-date | -30.46% |
| 1 year | -34.94% |
| 3 years | -68.18% |
| 5 years | -90.89% |
| 10 years | -89.06% |
Dividend History
Paid in the last 12 months: $2.0000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-17 | $0.5000 |
| 2026-05-18 | $0.5000 |
| 2026-03-09 | $0.5000 |
| 2025-11-17 | $0.5000 |
| 2025-08-18 | $0.5000 |
| 2025-05-19 | $0.5000 |
| 2025-03-10 | $0.5000 |
| 2024-11-18 | $0.5000 |
| 2024-08-19 | $1.0000 |
| 2024-05-17 | $1.0000 |
Amounts adjusted for stock splits.
Related companies: VLO · MPC · PSX · CF · PARR · CVI · DK
Explore sector: Energy · Oil & Gas Refining & Marketing
More sections of IEP: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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