IEP

Icahn Enterprises L.P.

Energy · $4.5B market cap

Verdict

We can't put a fair value on IEP right now. It has lost money in each of its last 3 years, and our valuation needs recent profits to project from.

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth32.4% a year✓
Equity per share growth-16.0% a year✗
Sales growth2.5% a year✗
Free cash flow growth13.7% a year✓
Return on invested capital2.2%✗

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Superinvestors

1 of the investors we track holds IEP. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: Carl Icahn

About Icahn Enterprises L.P.

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…

Oil & Gas Refining & Marketing

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works