profit from every $100 of sales.

Icahn Enterprises L.P.
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Icahn Enterprises L.P. sold, what it kept, and what it did with the cash.
Sales went from $14.1 billion in 2022 to $9.30 billion in 2025, with -$299 million of profit last year.
Icahn Enterprises L.P. vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Icahn Enterprises L.P. | No profit yet | ||
Reliance Industries | 22.4× · Fair price | ||
Marathon Petroleum | 27.1× · Fair price | ||
Valero Energy | 43.2× · Expensive | ||
Phillips 66 | 22.9× · Fair price |
AI analysis
An AI analyst reads Icahn Enterprises L.P.'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 14,126 | 11,847 | 9,900 | 9,295 | |
| 2,437 | 2,520 | 1,281 | 1,317 | |
| 604 | 886 | -105 | -119 | |
| 1,086 | 150 | 467 | 762 | |
| -183 | -684 | -445 | -299 | |
| -0.57 | -1.75 | -0.94 | -0.52 | |
| 17.3% | 21.3% | 12.9% | 14.2% | |
| 4.3% | 7.5% | -1.1% | -1.3% | |
| -1.3% | -5.8% | -4.5% | -3.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 27,914 | 20,858 | 16,279 | 14,215 |
| Cash | 2,337 | 2,951 | 2,603 | 1,450 |
| Total debt | 7,096 | 7,207 | 6,809 | 6,616 |
| Total liabilities | 18,356 | 14,785 | 11,658 | 10,789 |
| 0 | 0 | 0 | 0 | |
| 316 | 382 | 466 | 562 | |
| 6.4% | -4.0% | -0.5% | 1.9% | |
| – | – | – | – |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,055 | 3,736 | 832 | -313 | |
| 338 | 303 | 280 | 341 | |
| 717 | 3,433 | 552 | -654 | |
| Dividends paid | 226 | 307 | 391 | 288 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- 11.4×
- –
- 2.2×
- 0.4×
- –
- 11.8×
- -17.3%
- -7.9%
- 26.3%
Profitability
- 14.2%
- -1.3%
- -3.2%
- 5.9%
- 1.9%
- 1.0%
- -13.0%
- -2.5%
- -0.1%
- –
Growth
- −13.0%
- –
- −218.5%
- −24.2%
- +21.2%
Financial health
- 6.8×
- 3.28
- 49.4%
- 0.3×
- 4.57
- 2.67
- 0.78
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -0.71 | 0.10 | −810.0% |
| Feb 25, 2026 | 0.00 | 0.17 | −99.1% |
| Nov 5, 2025 | 0.49 | 0.14 | +250.0% |
| Aug 4, 2025 | -0.30 | 0.14 | −314.3% |
| May 7, 2025 | -0.79 | 0.19 | −515.8% |
| Feb 26, 2025 | -0.19 | 0.17 | −211.8% |
| Nov 8, 2024 | 0.05 | 0.21 | −76.2% |
| Aug 7, 2024 | -0.72 | 0.19 | −478.9% |
Paid per share, each year
$5.92 in 2015 → $2.00 in 2025
How safe it looks
-88.9% of its profit
Room to growStretchedMore than it earns: -44.0%
News
Carl Icahn’s CVR Energy reportedly nears $4B deal to acquire Marathon refineriesSeeking Alpha · Nov 3, 2026Carl Icahn lowers his stake in JetBlue below the reporting thresholdSeeking Alpha · Aug 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Icahn Enterprises L.P.
Is Icahn Enterprises L.P. a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Icahn Enterprises L.P. AI analysis
What does Icahn Enterprises L.P. do?
Icahn Enterprises L.P., through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally. It is in Oil & Gas Refining & Marketing, based in Sunny Isles Beach, FL, United States, with 13,562 employees.
Does Icahn Enterprises L.P. pay a dividend?
Yes. At today's price the dividend is 26.3% a year. In 2025 it paid out $288 million in dividends.
Is Icahn Enterprises L.P. stock halal?
No. Icahn Enterprises L.P. does not pass our halal screen: its debt is 175% of its market value, at or above the 33% limit. How we check
How has Icahn Enterprises L.P. stock done over the past year?
Down 44.8% over the past twelve months, to $5.01. It traded between $4.75 and $9.06 and is 44.8% below its high.
Who are Icahn Enterprises L.P.'s competitors?
The largest listed companies in the same industry are Reliance Industries, Marathon Petroleum, Valero Energy and Phillips 66. The peers table on this page compares their profit, growth and price with Icahn Enterprises L.P.'s.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



