Icahn Enterprises (IEP)
Runs investments alongside controlled businesses across several operating sectors.
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Structured as a Carl Icahn-controlled master limited partnership, it combines an investment business with controlled operating companies in energy, automotive, food packaging, real estate, home fashion, and pharma. Revenue comes from investment results, product and service sales, franchise operations, and real-estate leasing.
Structured as a master limited partnership, it combines its Investment segment with controlled operating businesses. Its current reporting segments are Energy, Automotive, Food Packaging, Real Estate, Home Fashion, and Pharma, alongside Investment. Investment results, product and service sales, franchise operations, and real-estate leasing provide the main revenue mechanics.
Energy and Automotive account for the significant majority of consolidated net sales. Operating businesses are independently run while the partnership holds controlling interests; acquisitions, sales, and exits shape a portfolio rather than a single product franchise.
Control rests with Carl Icahn through the general partner and affiliated unit ownership. Depositary units represent limited-partner interests, and the holding structure depends on the performance of controlled businesses and investment gains or losses.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.19B · Total debt $7.84B · Total assets $12.89B · Shareholders' equity $1.81B
- Revenue
- $3.08B
- Operating income
- −$386.0M
- Net income
- −$355.0M
HistoryDividendAnnual yield
| Institutions | 88.72% | 630.70M shares | |
|---|---|---|---|
| 124 holders · as of Jun 30, 2026 | |||
| Other | 11.28% | 80.21M shares | |
| remainder | |||
710.92M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Icahn Carl CInstitution | 86.99% | 618.39M | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.74% | 5.26M | as of Jun 30, 2026 |
First Trust Advisors LPInstitution | 0.12% | 885,108 | as of Jun 30, 2026 |
Susquehanna International Group, LLPInstitution | 0.11% | 775,176 | as of Jun 30, 2026 |
Soviero Asset Management, LPInstitution | 0.10% | 700,000 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Monro
Nationwide automotive repair and tire-service overlap
- Driven Brands
Oil changes, repair and franchise auto-service overlap
- HF Sinclair
Refining, fuel marketing and renewable-fuels overlap
- CF Industries
Nitrogen-fertilizer production and sales overlap
- Vanguard Industrials ETF
Cellulose and fibrous food-casing product overlap
- Novo Nordisk (ADR)
Prescription obesity-care overlap with Qsymia
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Icahn Enterprises | $7.13 | −0.35% | $4.81B | — | 15.5 | 0.4 | +27.4% |
| Monro | $13.83 | +7.20% | $403.3M | 58.6 | 57.5 | 0.4 | −4.6% |
| Driven Brands | $12.33 | +1.82% | $2.00B | 11.4 | 9.4 | 1.1 | −7.9% |
| HF Sinclair | $108.38 | −0.84% | $19.43B | 10.4 | 6.4 | 0.6 | +53.2% |
| CF Industries | $119.81 | −2.81% | $18.93B | 9.1 | 9.3 | 2.4 | +17.6% |
| Vanguard Industrials ETF | $327.44 | +0.10% | $8.57B | — | — | — | — |
| Novo Nordisk (ADR) | $39.45 | −0.89% | $176.83B | 9.9 | 16.2 | 3.5 | +1.3% |
| Median | 10.4 | 9.4 | 1.1 | +1.3% |








