Calumet (CLMT) vs Icahn Enterprises L.P. (IEP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Calumet (CLMT) has outperformed Icahn Enterprises L.P. (IEP) over the past year, gaining 208.1% versus a loss of 20.4%. Over five years, CLMT leads with a +435.6% price change compared with -87.8% for IEP. Calumet is the larger company by market cap ($4.95 billion vs $4.73 billion), about 1.0 times the size.
On valuation, Icahn Enterprises L.P. trades at a lower forward P/E (8.2x vs 89.3x for Calumet). Icahn Enterprises L.P. pays a dividend yielding 30.08%, while Calumet does not currently pay one. Calumet converts more of its revenue into profit, with a net margin of -0.8% versus -3.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CLMT | IEP |
|---|---|---|
| Share price | $56.29 | $6.65 |
| Market cap | $4.95B | $4.73B |
| 1-day change | +0.14% | +0.30% |
| YTD return | +183.29% | -11.92% |
| 1-year return | +208.10% | -20.36% |
| 5-year return | +435.59% | -87.83% |
| Forward P/E | 89.35 | 8.21 |
| EPS (TTM) | $-1.55 | $-0.71 |
| Dividend yield | 0.00% | 30.08% |
| Annual dividend | $0.00 | $2.00 |
| Revenue (latest FY) | $4.14B | $9.66B |
| Revenue growth (YoY) | -1.25% | -3.61% |
| Net income (latest FY) | $-33.80M | $-299.00M |
| Gross margin | 5.94% | — |
| Operating margin | 2.63% | — |
| Net margin | -0.82% | -3.10% |
| 52-week high | $59.87 | $9.32 |
| 52-week low | $17.42 | $6.51 |
| Distance from 52-week high | -5.98% | -28.65% |
| Analyst consensus | none | — |
| Avg. price target upside | -5.13% | — |
| Average volume | 1.33M | 993.36K |
| Shares outstanding | 87.90M | 710.92M |
| Employees | 1,540 | 13,562 |
| Sector | Energy | Energy |
| Industry | Integrated oil Companies | Integrated oil Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CLMT has outperformed IEP by 228.5 percentage points over the past year.
- Icahn Enterprises L.P. offers a meaningfully higher dividend yield (30.08% vs 0.00%).
About Calumet
CLMT stock →Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally.
Energy · Integrated oil Companies · 1,540 employees
About Icahn Enterprises L.P.
IEP stock →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.
Energy · Integrated oil Companies · 13,562 employees
CLMT vs IEP FAQ
Which is bigger, Calumet or Icahn Enterprises L.P.?
Calumet (CLMT) is larger, with a market capitalization of $4.95B compared with $4.73B for Icahn Enterprises L.P. (IEP).
Which stock has performed better over the past year, CLMT or IEP?
CLMT returned +208.10% over the past 12 months, compared with -20.36% for IEP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Calumet or Icahn Enterprises L.P.?
Icahn Enterprises L.P. pays a dividend yielding 30.08%, while Calumet does not currently pay a regular dividend.
Are Calumet and Icahn Enterprises L.P. in the same industry?
Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.