Icahn Enterprises L.P. - Deposi (IEP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Icahn Enterprises L.P. - Deposi

NasdaqGS•Energy•Oil & Gas Refining & Marketing

$6.96-0.02(<0.01%)Pre-market

Market Cap

$4.66B

P/S

0.5x

P/B

4.6x

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. The Investment segment invests its proprietary capital through various private investment funds; and it provides investment advisory, administrative, and back-office services to the investment funds. The Energy segment engages in refining and marketing petroleum in the form of gasoline, diesel, jet fuel, and distillates; renewable fuels business refines renewable feedstocks, such as soybean oil, corn oil, and other related renewable feedstocks into renewable diesel and markets renewable products; and nitrogen fertilizer business produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The Automotive segment engages in repair and maintenance of automotive; sale of installed parts or materials related to automotive services; and sale of automotive aftermarket parts and retailed merchandise. The Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings used to prepare and pack processed meat products. The Real Estate segment consists of investment properties, including land, retail, office, and industrial properties; and development and sale of single-family homes; and the operations of a resort and two country clubs. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. The Pharma segment offers pharmaceutical products and services; and develops approved therapies and product candidates. Icahn Enterprises L.P. was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.

How this company scores

WeakMetricSide Score: 40/100

Grade capped at D — Interest coverage below 1× (-0.9x) — earnings cannot cover interest. Strongest: Profitability (16/25); weakest: Cash & Earnings Quality (4/25).

Profitability16/25

Growth13/25

Balance Sheet & Red Flags7/25

Cash & Earnings Quality4/25

Strengths

Long cash runwayNet cash positionImproving margins

Grade capped at D

Interest coverage below 1× (-0.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 553.1x5y range 553.1x – 553.1x

P/S · 0.5x5y range 0.5x – 1.4x

Currently below its 18-quarter median.

P/B · 4.6x5y range 1.8x – 5.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $4.66B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $9.88B
Q. Revenue: $3.08B
TTM EBITDA: $157.00M
TTM Op. Income: $-443.00M
Q. Op. Income: $-386.00M
TTM Net Income: $-526.00M
Q. Net Income: $-355.00M
EPS: $-0.52
Shares Out.: $669.00M

$9.88B in TTM revenue grew 13.1% YoY, reaching $3.08B last quarter. TTM EBITDA of $157.00M and TTM operating income of $-443.00M show growth is flowing through to the bottom line. However, net income is negative at $526.00M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 6.4%
EBITDA Margin: -8.5%
Op. Margin: -12.5%
Net Margin: -11.5%

Op. margin of -12.5% is down 1.0% YoY — costs are rising relative to revenue. Net margin at -11.5% and gross margin of 6.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 9% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: 4.6x

P/S of 0.5x and P/B of 4.6x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $12.89B
Cash: $1.22B
Long-Term Debt: N/A
Book Value: $1.01B
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $116.00M
TTM Free Cash Flow: $-244.00M
FCF Margin: -2.5%
FCF / Net Income: 0.5

TTM FCF of $-244.00M on $116.00M in operating cash flow. The FCF / Net Income ratio of 0.5x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 419% — a weakening trend.