IEP · NASDAQ · Oil & Gas Refining & Marketing

Icahn Enterprises (IEP)

Runs investments alongside controlled businesses across several operating sectors.

$7.13
vs last close−0.03 (−0.35%)
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Icahn Enterprises L.P.IEP
Energy

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

CEOTed Papapostolou
ListedSep 18, 2007
ExchangeNASDAQ
HeadquartersSunny Isles Beach, FL
CountryUnited States
Employees13,547
CIK0000813762
ISINUS4511001012

Market cap$4.81B
EPS (ttm)−$0.7384
P/E (ttm)−9.68
ROE-22.4%
P/B2.65
P/S0.4489
Dividend yieldDiv yield27.97%
Beta0.45vs XLE 0.25

No analyst consensus on record.

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.09
Revenue estimate
$2.33B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.19−$0.79−$0.30$0.49$0.00−$0.71−$0.52Pending
Estimate$0.17$0.19$0.14$0.14$0.17$0.10$0.11$0.09
Surprise−211.8%−515.8%−314.3%+250.0%−99.1%−810.0%−572.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$2.51B$2.17B$2.42B$2.73B$2.17B$2.31B$3.08BPending
Estimate$2.27B$2.40B$2.40B$2.46B$2.15B$1.99B$2.05B$2.33B
Surprise+10.4%−9.5%+0.7%+10.8%+0.9%+16.2%+50.7%
Estimate$0.09
ReportedDue Nov 4, 2026
Estimate$2.33B
ReportedDue Nov 4, 2026
View details

Debt to equity432.40%
Current ratio156.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.71B$2.58B$2.01B$2.42B$2.73B$2.73B$2.17B$3.08B
Net income$22.0M−$96.0M−$414.0M−$162.0M$287.0M$1.0M−$450.0M−$355.0M
Net margin0.8%0.0%0.0%0.0%10.5%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$128.0M$12.0M−$342.0M−$56.0M$538.0M$211.0M−$699.0M−$386.0M
YoY growth−49.4%−95.7%Loss widenedTurned loss+320.3%+1,658.3%Loss widenedLoss widened

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
View details

Dividend yield
27.97%
Next ex-date
Nov 17, 26
estimated · in 56 days
Annual dividend
$2.00
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Dividend$0.50$0.50$0.50$0.50$0.50$0.50$0.50$0.50
Annual yield28.95%32.68%28.15%23.34%25.22%26.32%26.21%28.13%
Ex-dateNov 18Mar 10May 19Aug 18Nov 17Mar 9May 18Aug 17
Payment dateDec 26Apr 16Jun 25Sep 24Dec 24Apr 15Jun 25Sep 23
View details

Institutions88.72%630.70M shares
124 holders · as of Jun 30, 2026
Other11.28%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

HolderStakeSharesDate
Icahn Carl CInstitution
86.99%618.39Mas of Jun 30, 2026
Morgan StanleyInstitution
0.74%5.26Mas of Jun 30, 2026
First Trust Advisors LPInstitution
0.12%885,108as of Jun 30, 2026
Susquehanna International Group, LLPInstitution
0.11%775,176as of Jun 30, 2026
Soviero Asset Management, LPInstitution
0.10%700,000as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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