Icahn Enterprises

Icahn Enterprises LP operates as holding company. It operates through following eight business segments: Investment, Automotive, Energy, Food Packaging, Metals, Real Estate, Home Fashion, and Pharma. The Investment segment consists of various private investment funds. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries, CVR Refining, LP and CVR Partners, LP. The Food Packaging segment holds ownership in Viskase Cos., Inc., which is engaged in the production and sale of cellulosic, fibrous, and plastic casings for the processed meat and poultry industry. The Metals segment operates through PSC Metals, Inc., which engages in the business of collecting, processing, and selling ferrous and non-ferrous metals, as well as the processing and distribution of steel pipe and plate products in the Midwest and Southern U.S. The Real Estate segment consists of rental real estate, property development and resort activities. The Home Fashion segment operates through WestPoint Home LLC, which consists of manufacturing, sourcing, marketing, distributing, and selling home fashion consumer products. The Pharma segments operates through Vivus, Inc., a specialized pharmaceutical company. The company was founded on February 17, 1987 and is headquartered in Sunny Isles Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Icahn Enterprises reports Q1 loss, maintains strong liquidity for growth

Icahn Enterprises faced challenges with a Q1 2023 loss of $270 million but maintained strong liquidity for future opportunities.
Despite investment fund underperformance, segments like CVI and Automotive Services showed strength and potential for growth.
Real Estate segment struggled, but Energy and Automotive segments displayed improvements, offering avenues for future profitability.

Icahn Enterprises reports Q2 loss, maintains stability amid segment challenges

Icahn Enterprises faced challenges in Q2 2023 with a net loss attributed to specific segments, but maintained overall financial stability.
Despite performance declines in some areas, the company showed strengths in liquidity and EBITDA improvements in key segments.
Addressing challenges and capitalizing on opportunities will be crucial for driving future growth and enhancing shareholder value.

Icahn Enterprises (IEP) reports improved Q3 results, eyes strategic growth

Icahn Enterprises (IEP) showed improved financial performance in Q3 2023, driven by strong operating company results. Despite challenges in investment fund returns, the company's overall asset value and liquidity position present opportunities for future growth and strategic initiatives.

Icahn Enterprises reports Q4 loss, eyes growth in key segments

Icahn Enterprises (IEP) navigated challenges in Q4 2023 with a focus on liquidity, strong performance in key segments, and addressing areas for improvement. The company's leadership highlighted forward-looking statements, non-GAAP financial measures, and indicative net asset value.

Icahn Enterprises reports improved Q1 performance and strategic strengths

Icahn Enterprises showed improved financial performance in Q1 2024, with a net loss reduction and increased adjusted EBITDA.
The company's focus on activism strategy, liquidity maintenance, and disciplined approach to acquisitions are key strengths.
Challenges include negative returns in investment funds and the need to address operational efficiency for sustained profitability.
Opportunities lie in strategic acquisitions, market dynamics, and leveraging the strong balance sheet for future growth.

Icahn Enterprises Q2 earnings below, focus on long-term value

Q2 performance below expectations due to declines in CVI and Investments segments.
Efforts to improve Automotive segment EBITDA and capitalize on leasing pipeline.
Maintaining liquidity for seizing opportunities and focusing on long-term value creation.
CEO emphasizes belief in significant holdings' long-term performance and activist strategy.

Icahn Enterprises reports mixed Q3 results with growth opportunities

Icahn Enterprises faced challenges in CVR Energy and Auto Service but showed strength in investment funds and Pharma segment, with opportunities in management changes and asset sales.
Maintained liquidity and strategic investment decisions demonstrate financial stability, while proposed tender offer and value creation potential offer avenues for growth.
Overall, Icahn Enterprises navigated challenges in various segments, capitalized on strengths, and positioned itself for growth through operational improvements and strategic investments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LOS ANGELES, CA / ACCESSWIRE / August 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.

The Schall Law Firm Is Inquiring Into Potential Securities Law Violations By Icahn Enterprises L.P. And Investors With Losses Are Urged To Join

LOS ANGELES, CA / ACCESSWIRE / August 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn" or "the Company") (NASDAQ:IEP) for violations of the securities laws.

Icahn Enterprises L.P. Shareholders With Losses Are Invited To Participate In The Securities Fraud Investigation With The Schall Law Firm

NEW YORK , Aug. 19, 2024 /PRNewswire/ -- Moore Law, PLLC, a shareholder law firm located on Wall Street, is investigating potential claims against: Icahn Enterprises LP Common Stock NASDAQ: IEP Shareholders should email Fletcher@fmoorelaw.com The investigation concerns charges filed on Aug. 19, 2024 by the Securities and Exchange Commission against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P.

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Icahn Enterprise LP Common Stock to Contact Law Firm

LOS ANGELES--(BUSINESS WIRE)--IEP Investors Have Opportunity to Join Icahn Enterprises L.P. Securities Fraud Investigation with the Schall Law Firm.

IEP Investors Have Opportunity to Join Icahn Enterprises L.P. Securities Fraud Investigation with the Schall Law Firm

Investor Carl Icahn and his firm Icahn Enterprises LP (NYSE:IEP) have agreed to pay $2 million in penalties to settle charges brought on by the Securities and Exchange Commission (SEC) over his failure to properly disclose billions of dollars worth of stock pledges.    Icahn and IEC failed to disclose information related to Icahn's pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements with multiple lenders, the SEC said in a statement on Monday.

SEC charges Carl Icahn for failing to disclose stock pledges

Billionaire investor and his firm IEP settle with SEC for $2m after being charged with failing to disclose stock pledges

Carl Icahn charged with hiding billions in loans backed by company stock

The Securities and Exchange Commission on Monday announced charges against Carl Icahn and his investment arm Icahn Enterprises L.P. IEP, +1.20% for failing to make disclosures relating to personal margin loans worth billions of dollars that he secured from various lenders.

SEC announces charges against Carl Icahn for failing to make needed disclosures relating to personal margin loans

Icahn Enterprises and Icahn agree to pay $1.5 million and $500,000 in civil penalties, respectively, to settle the charges.

SEC Charges Carl Icahn and Icahn Enterprises. What We Know.

SEC charges Carl Icahn with hiding billions of dollars worth of stock pledges

Washington, D.C.--(Newsfile Corp. - August 19, 2024) - The Securities and Exchange Commission today announced charges against Carl C.

SEC Charges Carl Icahn and Icahn Enterprises L.P. for Failing to Disclose Pledges of Company's Securities as Collateral for Billions in Personal Loans

We had rated Icahn Enterprises a Sell on the last two occasions. The stock has had negative total returns, despite the large distributions. We examine the recent results and tell you why the announced distribution likely is the last one at that level.

Icahn Enterprises: 25% Yield Maintained, But For How Long?

Icahn Enterprises L.P. (IEP) Q2 2024 Earnings Call Transcript

SUNNY ISLES BEACH, Fla. , Aug. 7, 2024 /PRNewswire/ -- Second quarter net loss attributable to IEP of $331 million, a decline of $62 million over prior year quarter Second quarter Adjusted EBITDA attributable to IEP was a loss of $155 million, compared to $14 million for the prior year quarter Indicative Net Asset Value was approximately $4 billion as of June 30, 2024, a decrease of $969 million compared to March 31, 2024 IEP declares second quarter distribution of $1.00 per depositary unit Financial Summary (Net loss and Adjusted EBITDA figures in commentary below are attributable to Icahn Enterprises, unless otherwise specified) For the three months ended June 30, 2024, revenues were $2.2 billion and net loss was $331 million, or a loss of $0.72 per depositary unit.

Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Second Quarter 2024 Financial Results

SUNNY ISLES BEACH, Fla. , July 24, 2024 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Q2 2024 Earnings Conference Call

Granite Point Mortgage Trust

Saga Communications

While stocks have been hitting all-time highs, investors might not want to sell. However, they might also be in need of passive income.

Want $26,000 in Passive Income? Invest $120K in These Dividend Stocks

Main Street Capital

Modiv

If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

Don't Miss These 3 Dividend Stocks to Buy in June

Berkshire Hathaway is the investment vehicle of Wall Street icon Warren Buffett. Icahn Enterprises is the investment vehicle of famous activist investor Carl Icahn.

Warren Buffett vs. Carl Icahn: Is Berkshire Hathaway or Icahn Enterprises a Better Stock for You?

Icahn Enterprises stock is legendary for its 24% yield. Unfortunately, its dividend has been declining over time, and is on the verge of being cut again. The problem is that the company has been paying such a vast percentage of earnings out as dividends that its cash position has dwindled.

Icahn Enterprises: Don't Chase The 24% Yield

Icahn Enterprises is the investment vehicle of Carl Icahn. The stock has a huge dividend yield.

Icahn Enterprises Stock: Buy, Sell, or Hold?

SUNNY ISLES BEACH, Fla. , May 28, 2024 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Closing of $750 Million Senior Notes Offering

Icahn Enterprises stock has struggled since the start of 2023, losing more than 50% of its value. The dividend was cut in half, yet the current yield remains above 20%.

How Much Will Icahn Enterprises Pay Out in Dividends This Year?

Carl Icahn is a legendary investor known for investing in undervalued companies and taking an active role in turning them around. Icahn Enterprises holds several companies and is where Icahn engages in his investing activity.

Is Icahn Enterprises Stock a Buy?

Icahn Enterprises is the publicly traded investment vehicle of Carl Icahn. The company owns several operating businesses as well as holdings in publicly traded companies.

Is Icahn Enterprises a Millionaire Maker?

SUNNY ISLES BEACH, Fla. , May 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Upsizing and Pricing of Senior Notes

IEP stock underperformed the market over the last 4 months. Base business produces no earnings and revenues were lower compared to last year. Cash levels are decreasing and unit count is increasing.

News for Icahn Enterprises Stock (IEP)