| Icahn Enterprises is a holding company. Through its subsidiaries, Co. is engaged in the following operating businesses: Investment, which is comprised of various private investment funds in which it has general partner interests and through which it invests its proprietary capital; Energy, which engages in the petroleum refining and nitrogen fertilizer manufacturing businesses through its holdings in CVR Refining, LP and CVR Partners, LP; Automotive, which invests in and operates businesses involved in automotive repair and maintenance services; and Food Packaging, which produces cellulosic, fibrous and plastic casings used to prepare and package processed meat products. We show 34 historical shares outstanding datapoints in our IEP shares outstanding history coverage, used to compute IEP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IEP market cap history over the course of time is important for investors
interested in comparing IEP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of IEP versus a peer is one thing; comparing
IEP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like IEP can fluctuate over the course of history.
With this page we aim to empower investors researching IEP by allowing them to research the IEP market cap history.