Icahn Enterprises
Market Cap
US$14.3b
Last Updated
2021/03/06 23:49 UTC
Data Sources
Company Financials +
Executive Summary
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and pharma businesses in the United States and Internationally. More Details
Snowflake Analysis
Excellent balance sheet second-rate dividend payer.
Share Price & News
How has Icahn Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IEP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IEP's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-7.1%
IEP
3.5%
US Industrials
-0.4%
US Market
1 Year Return
-0.9%
IEP
24.8%
US Industrials
36.2%
US Market
Return vs Industry: IEP underperformed the US Industrials industry which returned 24.8% over the past year.
Return vs Market: IEP underperformed the US Market which returned 36.3% over the past year.
Shareholder returns
| IEP | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.1% | 3.5% | -0.4% |
| 30 Day | -1.6% | 5.4% | -2.3% |
| 90 Day | 16.4% | 5.6% | 5.0% |
| 1 Year | 16.0%-0.9% | 27.9%24.8% | 39.1%36.2% |
| 3 Year | 39.4%-0.8% | 9.9%0.3% | 48.4%39.0% |
| 5 Year | 63.0%-7.3% | 4.9%-9.3% | 116.6%92.4% |
Long-Term Price Volatility Vs. Market
How volatile is Icahn Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Icahn Enterprises' (NASDAQ:IEP) Stock Price Has Reduced 13% In The Past Year3 months ago | Simply Wall St
What We Learned About Icahn Enterprises' (NASDAQ:IEP) CEO Pay4 months ago | Simply Wall St
Shareholders Of Icahn Enterprises (NASDAQ:IEP) Have Received 12% On Their InvestmentValuation
Is Icahn Enterprises undervalued compared to its fair value and its price relative to the market?
3.38x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IEP ($59.33) is trading above our estimate of fair value ($36.48)
Significantly Below Fair Value: IEP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IEP is unprofitable, so we can't compare its PE Ratio to the US Industrials industry average.
PE vs Market: IEP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IEP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IEP is good value based on its PB Ratio (3.4x) compared to the US Industrials industry average (3.6x).
Next Steps
Future Growth
How is Icahn Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-2.7%
Forecasted Capital Goods industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if IEP's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if IEP's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if IEP's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if IEP's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IEP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Icahn Enterprises performed over the past 5 years?
-5.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IEP is currently unprofitable.
Growing Profit Margin: IEP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IEP is unprofitable, and losses have increased over the past 5 years at a rate of 5.5% per year.
Accelerating Growth: Unable to compare IEP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IEP is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (-31.6%).
Return on Equity
High ROE: IEP has a negative Return on Equity (-26.66%), as it is currently unprofitable.
Next Steps
Financial Health
How is Icahn Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: IEP's short term assets ($9.6B) exceed its short term liabilities ($6.6B).
Long Term Liabilities: IEP's short term assets ($9.6B) exceed its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: IEP's debt to equity ratio (86.2%) is considered high.
Reducing Debt: IEP's debt to equity ratio has reduced from 125.9% to 86.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IEP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IEP has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 3.4% each year.
Next Steps
Dividend
What is Icahn Enterprises's current dividend yield, its reliability and sustainability?
13.48%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: IEP's dividend (13.48%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: IEP's dividend (13.48%) is in the top 25% of dividend payers in the US market (3.64%)
Stability and Growth of Payments
Stable Dividend: IEP's dividend payments have been volatile in the past 10 years.
Growing Dividend: IEP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: IEP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.0yrs
Average management tenure
CEO
Keith Cozza (41 yo)
7.08yrs
Tenure
US$6,511,588
Compensation
Mr. Keith Cozza has been the Chief Executive Officer and President of Icahn Enterprises G.P. Inc. and Icahn Enterprises, a diversified holding company engaged in a variety of businesses, including investme...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD6.51M) is below average for companies of similar size in the US market ($USD10.56M).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.08yrs | US$6.51m | 0.00083% $ 118.8k | |
| CFO & Director of Icahn Enterprises GP | 8.5yrs | US$2.55m | 0.00046% $ 65.9k | |
| Chief Accounting Officer & Secretary of Icahn Enterprises G.P. Inc | 1yr | US$444.48k | no data | |
| Investor Relations Contact | no data | no data | no data | |
| Senior Managing Director | 10.33yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| General Counsel | no data | no data | no data |
8.0yrs
Average Tenure
45.5yo
Average Age
Experienced Management: IEP's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.08yrs | US$6.51m | 0.00083% $ 118.8k | |
| CFO & Director of Icahn Enterprises GP | 8.5yrs | US$2.55m | 0.00046% $ 65.9k | |
| Chairman of Icahn Enterprises GP | 30.33yrs | US$14.64k | 0.0050% $ 711.6k | |
| Independent Director of Icahn Enterprises GP | 2yrs | US$35.00k | 0.015% $ 2.1m | |
| Director of Icahn Enterprises GP | 0.42yr | no data | 0.084% $ 12.0m | |
| Director of Icahn Enterprises G.P | 1yr | US$27.83k | no data | |
| Director of Icahn Enterprises GP | 2.25yrs | no data | no data | |
| Independent Director of Icahn Enterprises G.P | 1.5yrs | US$39.21k | no data |
2.1yrs
Average Tenure
52.5yo
Average Age
Experienced Board: IEP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IEP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.7%.
Top Shareholders
Company Information
Icahn Enterprises L.P.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Icahn Enterprises L.P.
- Ticker: IEP
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: US$14.319b
- Shares outstanding: 241.34m
- Website: https://www.ielp.com
Number of Employees
Location
- Icahn Enterprises L.P.
- 16690 Collins Avenue
- PH-1
- Sunny Isles Beach
- Florida
- 33160
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IEP | NasdaqGS (Nasdaq Global Select) | Yes | Depositary Units | US | USD | Jul 1987 |
| 2IN | DB (Deutsche Boerse AG) | Yes | Depositary Units | DE | EUR | Jul 1987 |
| 2IN | BST (Boerse-Stuttgart) | Yes | Depositary Units | DE | EUR | Jul 1987 |
Biography
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and pharma businesses in the United States and International...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 23:49 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.