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IEP

Icahn Enterprises L.P.

IEP

NASDAQ·Industrials·Conglomerates·Mkt cap $4.8B

$7.24

+0.84%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$7.08 - $9.75

P/E

-13.97

Fwd P/E

-18.10

Beta

0.75

Div Yield

27.86%

Avg Vol

918.2K

Shares Out

637.2M

Mkt Cap

$4.8B

Price action

Price chart

Down 15.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Diversified revenue streams across multiple recession-resistant and cyclical industries
  • Significant proprietary capital and investment expertise managed through private investment funds
  • Established market positions in essential sectors including energy, automotive, and food production
  • Strong real estate portfolio and hospitality operations providing stable recurring income

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Stable outlook

Strategic investments and capital allocation through active investment management segment

Value

Deep value opportunity - significant discount to Conglomerates peers

Momentum

Weak

-7.0% over 3m

Quality

Thin

Solid business

Dividend

High yield

27.86% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 31, 2026

Q2 26 RECAP

MAY 6, 2026

Reported EPS of -$0.71 vs $0.10 consensus (-810.0% surprise). Revenue of $2.3B vs $2.3B expected (-0.9%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-810.0%

Next: Jul 31, 2026

Revenue trend · last 8Q

-10%

-8%

+1%

+5%

+8%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$2.6B

$2.7B

$2.6B

$2.0B

$2.4B

$2.7B

$2.7B

$2.2B

Margins · last 8Q

Gross

Operating

Profit

-20.7%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

No analyst coverage on file for this stock yet.

vs Industry

How IEP stacks vs Conglomerates

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.