IEP - Icahn Enterprises LP Stock Price, Fair Value and News

17.26USD+0.26 (+1.53%)Market Closed

Market Summary

USD17.26+0.26

Market Closed

1.53%

IEP Alerts

ICAHN CARL C reported owning 18.44% of IEP [2024-04-22]

IEP Stock Price

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IEP RSI Chart

IEP Valuation

Market Cap

7.3B

Price/Earnings (Trailing)

-9.08

Price/Sales (Trailing)

0.67

EV/EBITDA

Price/Free Cashflow

2.12

IEP Price/Sales (Trailing)

IEP Profitability

EBT Margin

-8.50%

Return on Equity

-14.11%

Return on Assets

-3.85%

Free Cashflow Yield

47.07%

IEP Fundamentals

IEP Revenue

Revenue (TTM)

10.8B

Rev. Growth (Yr)

-13.67%

Rev. Growth (Qtr)

-10.44%

IEP Earnings

Earnings (TTM)

-803.0M

Earnings Growth (Yr)

95.62%

Earnings Growth (Qtr)

-233.33%

Breaking Down IEP Revenue

Last 7 days

-0.5%

Last 30 days

-0.1%

Last 90 days

-3.6%

Trailing 12 Months

-63.6%

How does IEP drawdown profile look like?

IEP Financial Health

Debt/Equity

1.27

Debt/Cashflow

0.52

IEP Investor Care

Shares Dilution (1Y)

21.34%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	12.6B	11.7B	11.3B	10.8B
2022	12.0B	12.6B	13.3B	14.1B
2021	8.6B	8.9B	10.8B	11.3B
2020	9.6B	9.7B	7.9B	7.1B
2019	11.1B	10.3B	10.2B	10.0B
2018	13.2B	12.3B	11.5B	11.8B
2017	15.6B	15.6B	14.1B	12.6B
2016	13.9B	13.3B	14.9B	16.3B
2015	18.7B	17.3B	16.1B	15.3B
2014	20.3B	22.0B	20.7B	19.2B
2013	18.4B	18.8B	20.1B	20.7B
2012	11.5B	12.6B	14.7B	15.8B
2011	10.2B	11.5B	11.1B	11.8B
2010	0	8.7B	8.9B	9.1B
2009	0	0	0	8.5B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Icahn Enterprises LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 18, 2024	icahn carl c	acquired	312,880,000	17.3667	18,016,100	-
Dec 27, 2023	icahn carl c	acquired	280,819,000	16.4599	17,060,800	-
Sep 30, 2023	icahn brett	sold (taxes)	-588,448	20.1482	-29,206	-
Sep 27, 2023	icahn carl c	acquired	334,494,000	20.4903	16,324,500	-
Jun 30, 2023	icahn carl c	acquired	622,955,000	27.0651	23,016,900	-
Apr 19, 2023	icahn carl c	acquired	599,995,000	52.2642	11,480,000	-
Dec 21, 2022	icahn carl c	acquired	577,112,000	50.4407	11,441,400	-
Sep 30, 2022	icahn brett	sold (taxes)	-891,878	49.77	-17,920	-
Jun 29, 2022	icahn carl c	acquired	533,266,000	48.3868	11,020,900	-
Apr 27, 2022	icahn carl c	acquired	514,094,000	53.6324	9,585,520	-

Which funds bought or sold IEP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	-69.00	6,464	-%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-359	33,969	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-17,190	-	-%
Apr 23, 2024	FISHMAN JAY A LTD/MI	added	2.63	24,916	1,625,410	0.18%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-8.84	-12,986	85,203	-%
Apr 23, 2024	Stablepoint Partners, LLC	added	43.32	111,764	379,000	0.08%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-22.69	-62,953	204,994	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	15.3	281,182	2,277,080	-%
Apr 19, 2024	Cutler Group LLC / CA	sold off	-100	-4,000	-	-%
Apr 18, 2024	Hexagon Capital Partners LLC	added	162	2,738	4,457	-%

Are Funds Buying or Selling IEP?

Are funds buying IEP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IEP

No. of Funds

IEP Alerts

ICAHN CARL C reported owning 18.44% of IEP [2024-04-22]

Unveiling Icahn Enterprises LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 22, 2024	icahn carl c	18.44%	82,450,640	SC 13D/A
Dec 29, 2023	icahn carl c	18.38%	78,629,135	SC 13D/A
Sep 29, 2023	icahn carl c	18.26%	74,825,450	SC 13D/A
Jul 10, 2023	icahn carl c	-	0	SC 13D/A
Jul 05, 2023	icahn carl c	17.36%	68,097,593	SC 13D/A
Apr 21, 2023	icahn carl c	19.88%	72,576,315	SC 13D/A
Dec 23, 2022	icahn carl c	20.03%	69,901,393	SC 13D/A
Jul 01, 2022	icahn carl c	20.35%	64,695,106	SC 13D/A
Apr 29, 2022	icahn carl c	20.50%	62,127,170	SC 13D/A
Dec 27, 2021	icahn carl c	20.76%	59,893,683	SC 13D/A

Recent SEC filings of Icahn Enterprises LP

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	SC 13D/A	13D - Major Acquisition
Apr 22, 2024	4	Insider Trading
Mar 06, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Feb 28, 2024	8-K	Current Report
Feb 22, 2024	3	Insider Trading
Feb 21, 2024	8-K	Current Report

Peers (Alternatives to Icahn Enterprises LP)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	480.3B	344.6B	6.63%	2.38%	13.34	1.39	-16.70%	-35.40%
CVX	303.9B	200.9B	5.29%	-5.04%	14.22	1.51	-18.40%	-39.75%
OXY	59.2B	28.9B	5.61%	7.38%	12.61	2.05	-22.04%	-64.70%
MRO	15.9B	6.6B	2.69%	12.54%	10.22	2.39	-17.41%	-56.98%
CHK	11.6B	8.7B	2.61%	7.38%	4.79	1.33	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.2B	10.15%	42.39%	17.6	3.86	-62.59%	-77.29%
HP	4.2B	2.8B	2.54%	14.07%	9.68	1.48	19.47%	177.97%
CNX	3.7B	3.4B	5.94%	53.51%	2.12	1.06	172.35%	1311.12%
KOS	2.8B	1.7B	0.34%	-14.77%	13.14	1.65	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	291.3M	307.6M	16.98%	4.99%	0.74	0.95	-32.91%	578.62%
AMTX	166.2M	186.7M	-30.16%	80.93%	-3.58	0.89	-27.21%	56.92%
BATL	86.2M	220.8M	-8.07%	-26.71%	-28.29	0.39	-38.52%	-116.44%
AE	75.1M	2.7B	13.76%	-21.15%	354.25	0.03	-18.46%	-93.92%
BRN	28.1M	23.9M	18.14%	3.70%	-10.35	1.17	-21.86%	-149.09%

Icahn Enterprises LP News

Latest updates

Icahn Enterprises LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-10.4%	2,677,000,000	2,989,000,000	2,540,000,000	2,641,000,000	3,101,000,000	3,404,000,000	3,503,000,000	4,093,000,000	2,316,000,000	2,649,000,000	2,988,000,000	3,384,000,000	1,791,000,000	723,000,000	2,709,000,000	1,860,000,000	2,621,000,000	2,484,000,000	2,588,000,000	2,300,000,000	2,802,000,000
Costs and Expenses	-1.7%	2,874,000,000	2,923,000,000	2,957,000,000	3,015,000,000	3,568,000,000	3,626,000,000	3,788,000,000	3,110,000,000	3,277,000,000	2,879,000,000	2,991,000,000	2,768,000,000	2,375,000,000	2,189,000,000	1,717,000,000	2,426,000,000	2,740,000,000	2,719,000,000	2,761,000,000	2,513,000,000	2,945,000,000
S&GA Expenses	-4.8%	199,000,000	209,000,000	215,000,000	229,000,000	329,000,000	305,000,000	315,000,000	301,000,000	305,000,000	316,000,000	304,000,000	316,000,000	303,000,000	290,000,000	290,000,000	308,000,000	348,000,000	352,000,000	339,000,000	336,000,000	374,000,000
EBITDA Margin	243.0%	0.01	-0.01	-0.03	-0.02	0.08	0.05	0.05	0.08	0.05	0.18	0.08	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-13.5%	128,000,000	148,000,000	136,000,000	142,000,000	144,000,000	139,000,000	151,000,000	134,000,000	155,000,000	158,000,000	158,000,000	195,000,000	171,500,000	171,000,000	174,000,000	171,000,000	162,000,000	153,000,000	151,000,000	139,000,000	133,000,000
Income Taxes	-91.7%	8,000,000	96,000,000	2,000,000	-16,000,000	-59,000,000	-7,000,000	2,000,000	98,000,000	-135,000,000	-19,000,000	59,000,000	17,000,000	2,000,000	-66,000,000	128,000,000	-180,000,000	32,000,000	-26,000,000	8,000,000	6,000,000	63,000,000
Earnings Before Taxes	-398.5%	-197,000,000	66,000,000	-417,000,000	-374,000,000	-467,000,000	-222,000,000	-285,000,000	983,000,000	-961,000,000	-230,000,000	-3,000,000	616,000,000	376,000,000	-1,466,000,000	992,000,000	-2,486,000,000	-117,000,000	-399,000,000	-565,000,000	-658,000,000	-143,000,000
EBT Margin	19.6%	-0.08	-0.11	-0.13	-0.11	0.00	-0.04	-0.04	-0.02	-0.05	0.07	-0.05	-	-	-	-	-	-	-	-	-	-
Net Income	-233.3%	-20,000,000	-6,000,000	-419,000,000	-358,000,000	-456,500,000	-123,000,000	-287,000,000	885,000,000	-651,500,000	-148,000,000	-62,000,000	599,000,000	324,500,000	-714,000,000	864,000,000	-2,306,000,000	-157,000,000	-49,000,000	-597,000,000	-664,000,000	930,000,000
Net Income Margin	32.7%	-0.07	-0.11	-0.12	-0.10	0.00	-0.01	-0.02	0.00	-0.02	0.07	0.02	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-99.2%	13,000,000	1,574,000,000	1,657,000,000	189,000,000	-2,369,000,000	611,000,000	610,000,000	1,865,000,000	189,000,000	349,000,000	76,000,000	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-4.1%	20,858	21,757	22,214	26,269	27,914	27,520	26,895	27,829	27,746	27,973	27,901	28,297	24,989	22,824	24,706	24,306	24,639	23,257	24,348	23,824	23,489
Cash Equivalents	2.1%	2,951	2,890	2,488	2,608	2,337	7,210	6,669	5,961	4,436	3,692	3,463	3,076	3,291	4,549	2,771	3,257	4,945	3,879	4,672	5,063	5,338
Inventory	-3.5%	1,047	1,085	1,015	1,097	1,531	1,674	1,787	1,720	1,478	1,590	1,568	1,559	1,580	1,536	1,564	1,583	1,795	1,817	1,851	1,852	1,779
Net PPE	0.8%	3,969	3,937	3,959	3,986	4,038	4,057	4,043	4,067	4,085	4,194	4,235	4,231	4,228	4,297	4,354	4,416	4,454	4,592	4,630	4,682	4,688
Goodwill	0%	288	288	288	288	288	286	288	288	290	294	294	294	294	284	283	281	282	281	277	255	247
Liabilities	-2.3%	14,785	15,129	15,027	17,773	18,356	17,653	16,737	18,071	18,403	17,966	17,876	18,715	15,731	13,951	14,441	14,889	13,697	12,109	12,902	12,172	10,509
Long Term Debt	1.9%	7,207	7,075	7,078	7,091	7,096	7,127	7,134	7,126	7,692	7,712	8,065	8,056	8,059	8,146	8,162	8,227	8,192	7,449	8,658	7,392	7,326
Shareholder's Equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,691	11,652	6,560
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,755	5,813	6,420
Float	-	-	-	1,712	-	-	-	2,170	-	-	-	1,478	-	-	-	860	-	-	-	1,174	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-93.0%	115	1,644	1,730	247	-2,285	711	709	1,920	255	430	187	-551	-1,140	1,862	235	-1,373	408	-56.00	-1,524	-288	592
Cashflow From Investing	-378.7%	-209	75.00	-111	-45.00	-89.00	-102	-107	38.00	308	-26.00	130	116	-30.00	-45.00	-182	-324	-45.00	384	-67.00	314	3,059
Cashflow From Financing	89.8%	-71.00	-693	-1,622	1.00	59.00	-70.00	102	-435	183	-174	70.00	214	-85.00	-36.00	-539	7.00	703	-1,108	1,243	-272	-79.00
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29.00	28.00	-	-	24.00

IEP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net sales	$ 11,077	$ 13,378	$ 10,304
Other revenues from operations	770	748	647
Net (loss) gain from investment activities	(1,575)	(168)	193
Interest and dividend income	636	328	137
Gain (loss) on disposition of assets, net	8	(8)	141
Other loss, net	(69)	(177)	(84)
Total revenues	10,847	14,101	11,338
Expenses:
Cost of goods sold	9,327	11,689	9,485
Other expenses from operations	643	583	522
Selling, general and administrative	852	1,250	1,238
Restructuring, net	1	2	5
Impairment	7
Credit loss on related party note receivable	139
Loss on deconsolidation of subsidiary	246
Interest expense	554	568	666
Total Expenses	11,769	14,092	11,916
(Loss) income before income tax benefit (expense)	(922)	9	(578)
Income tax (expense) benefit	(90)	(34)	78
Net loss	(1,012)	(25)	(500)
Less: net (loss) income attributable to non-controlling interests	(328)	158	18
Net loss attributable to Icahn Enterprises	(684)	(183)	(518)
Net (loss) income attributable to Icahn Enterprises allocated to:
Limited partners	(670)	(179)	(604)
General partner	(14)	(4)	86
Net Income (Loss)	$ (684)	$ (183)	$ (518)
Basic (loss) income per LP unit:
Basic loss per LP unit (in dollars per share)	$ (1.75)	$ (0.57)	$ (2.32)
Basic weighted average LP units outstanding (in shares)	382	316	260
Diluted (loss) income per LP unit:
Diluted loss per LP unit (in dollars per share)	$ (1.75)	$ (0.57)	$ (2.32)
Diluted weighted average LP units outstanding (in shares)	382	316	260
Distributions declared per LP unit (in dollars per share)	$ 6.00	$ 8.00	$ 8.00

IEP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 2,951	$ 2,337
Cash held at consolidated affiliated partnerships and restricted cash	2,995	2,549
Investments	3,012	6,809
Due from brokers	4,367	7,051
Accounts receivable, net	485	606
Related party notes receivable, net	11
Inventories	1,047	1,531
Property, plant and equipment, net	3,969	4,038
Deferred tax asset	184	127
Derivative assets, net	64	805
Goodwill	288	288
Intangible assets, net	466	533
Other assets	1,019	1,240
Total Assets	20,858	27,914
LIABILITIES AND EQUITY
Accounts payable	830	870
Accrued expenses and other liabilities	1,596	1,981
Deferred tax liabilities	399	338
Derivative liabilities, net	979	691
Securities sold, not yet purchased, at fair value	3,473	6,495
Due to brokers	301	885
Debt	7,207	7,096
Total liabilities	14,785	18,356
Commitments and contingencies (Note 19)
Equity:
Limited partners: Depositary units: 429,033,241 units issued and outstanding at December 31, 2023 and 353,572,182 units issued and outstanding at December 31, 2022	3,969	4,647
General partner	(761)	(747)
Equity attributable to Icahn Enterprises	3,208	3,900
Equity attributable to non-controlling interests	2,865	5,658
Total equity	6,073	9,558
Total Liabilities and Equity	$ 20,858	$ 27,914

About Icahn Enterprises LP

Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. Its Real Estate segment is involved in investment properties; construction and sale of single-family homes; and management of a country club. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.

CEO	Mr. David P. Willetts
WEBSITE	ielp.com
INDUSTRY	Oil - E&P
EMPLOYEES	20041

Icahn Enterprises LP Frequently Asked Questions

What is the ticker symbol for Icahn Enterprises LP? What does IEP stand for in stocks?

IEP is the stock ticker symbol of Icahn Enterprises LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Icahn Enterprises LP (IEP)?

As of Tue Apr 23 2024, market cap of Icahn Enterprises LP is 7.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IEP stock?

You can check IEP's fair value in chart for subscribers.

What is the fair value of IEP stock?

You can check IEP's fair value in chart for subscribers. The fair value of Icahn Enterprises LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Icahn Enterprises LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IEP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Icahn Enterprises LP a good stock to buy?

The fair value guage provides a quick view whether IEP is over valued or under valued. Whether Icahn Enterprises LP is cheap or expensive depends on the assumptions which impact Icahn Enterprises LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IEP.

What is Icahn Enterprises LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, IEP's PE ratio (Price to Earnings) is -9.08 and Price to Sales (PS) ratio is 0.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IEP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Icahn Enterprises LP's stock?

In the past 10 years, Icahn Enterprises LP has provided -0.062 (multiply by 100 for percentage) rate of return.