Icahn Enterprises L.P. (IEP) — Financial statements
Income statement, balance sheet, and cash flow for Icahn Enterprises L.P. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,411↓7.5% | 10,170↓14.7% | 11,924↓17.3% | 14,417↑17.3% | 12,293 | |
| Cost of Revenue | 8,577↓7.1% | 9,235↓7.4% | 9,975↓18.4% | 12,217↑22.6% | 9,963 | |
| Gross Profit | 834↓10.8% | 935↓52.0% | 1,949↓11.4% | 2,200↓5.6% | 2,330 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 837↑6.9% | 783↓8.1% | 852↓31.8% | 1,250↑0.7% | 1,241 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 837↑6.9% | 783↓8.1% | 852↓31.8% | 1,250↑1.0% | 1,238 | |
| Total Costs & Expenses | 9,414↓6.0% | 10,018↓7.5% | 10,827↓19.6% | 13,467↑20.2% | 11,201 | |
| Operating Results | ||||||
| Operating Income | -3↓102.0% | 152↓86.1% | 1,097↑15.5% | 950↓13.0% | 1,092 | |
| Depreciation & Amortization | 603↑18.0% | 511↓1.4% | 518↑1.8% | 509↓1.5% | 517 | |
| EBITDA | 762↑63.2% | 467↑211.3% | 150↓86.2% | 1,086↑79.5% | 605 | |
| EBIT | 159↑461.4% | -44↑88.0% | -368↓163.8% | 577↑555.7% | 88 | |
| Interest & Other Income | ||||||
| Net Interest Income | -504↓995.7% | -46↓156.1% | 82↑134.2% | -240↑54.6% | -529 | |
| Interest Income | 0.00↓100.0% | 477↓25.0% | 636↑93.9% | 328↑139.4% | 137 | |
| Interest Expense | 504↓3.6% | 523↓5.6% | 554↓2.5% | 568↓14.7% | 666 | |
| Non-Operating Income | -162↓182.7% | 196↓86.6% | 1,465↑292.8% | 373↓62.8% | 1,004 | |
| Other Income / Expenses | -342↑52.4% | -719↑64.4% | -2,019↓114.6% | -941↑43.7% | -1,670 | |
| Income Before Tax | -345↑39.2% | -567↑38.5% | -922↓10344.4% | 9↑101.6% | -578 | |
| Income Tax Expense | -19↑24.0% | -25↓127.8% | 90↑164.7% | 34↑143.6% | -78 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -326↑39.9% | -542↑46.4% | -1,012↓3948.0% | -25↑95.0% | -500 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -293↑32.8% | -436↑34.9% | -670↓274.3% | -179↑70.4% | -604 | |
| Bottom-Line Net Income | -293↑32.8% | -436↑34.9% | -670↓274.3% | -179↑70.4% | -604 | |
| EPS (Basic) | -0.52↑44.7% | -0.94↑46.3% | -1.75↓207.0% | -0.57↑75.4% | -2.32 | |
| EPS (Diluted) | -0.52↑44.7% | -0.94↑46.3% | -1.75↓207.0% | -0.57↑75.4% | -2.32 | |
| Weighted Average Shares | 575↑23.4% | 466↑22.0% | 382↑20.9% | 316↑21.5% | 260 | |
| Weighted Average Diluted Shares | 575↑23.4% | 466↑22.0% | 382↑20.9% | 316↑21.5% | 260 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.