IEP (Icahn Enterprises L.P.) Stock Financials & Earnings | Market Cap Arena

IEP (Icahn Enterprises L.P.) Stock Financials & Earnings | Market Cap Arena

IEPIcahn Enterprises L.P.

Mkt Cap$5B

Industrials·Conglomerates·🇺🇸 United States·NASDAQ

Revenue (TTM)$9.9B

Net Income (TTM)-$288M

EPS (TTM)-$0.60

Free Cash Flow (TTM)-$654M

Gross Margin12.0%

Op. Margin3.6%

Net Margin-2.9%

FCF Margin-6.6%

P/S Ratio (TTM)0.5x

P/E Ratio (TTM)—

YoY Rev Growth-2.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.9B	$547M	$318M
Q2 23	$2.9B	$460M	$245M
Q3 23	$3.1B	$462M	$253M
Q4 23	$3.0B	$479M	$280M
Q1 24	$2.2B	$80M	-$112M
Q2 24	$2.6B	$307M	$124M
Q3 24	$2.7B	$330M	$128M
Q4 24	$2.6B	$217M	$12M
Q1 25	$2.0B	-$141M	-$342M
Q2 25	$2.4B	$151M	-$56M
Q3 25	$2.7B	$756M	$538M
Q4 25	$2.7B	$422M	$211M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.4x	—
Q2 23	0.4x	—
Q3 23	0.4x	—
Q4 23	0.4x	—
Q1 24	0.4x	—
Q2 24	0.4x	—
Q3 24	0.5x	—
Q4 24	0.5x	—
Q1 25	0.5x	—
Q2 25	0.5x	—
Q3 25	0.5x	—
Q4 25	0.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$265M	$207M
Q2 23	$1.7B	$1.7B
Q3 23	$1.6B	$1.6B
Q4 23	$115M	$13M
Q1 24	-$251M	-$319M
Q2 24	$893M	$827M
Q3 24	-$54M	-$112M
Q4 24	$244M	$156M
Q1 25	-$182M	-$270M
Q2 25	$275M	$179M
Q3 25	$15M	-$67M
Q4 25	-$421M	-$496M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$58M
Q2 23	$73M
Q3 23	$70M
Q4 23	$102M
Q1 24	$68M
Q2 24	$66M
Q3 24	$58M
Q4 24	$88M
Q1 25	$88M
Q2 25	$96M
Q3 25	$82M
Q4 25	$75M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-32.3%	-12.5%
Q2 23	-9.6%	-24.7%
Q3 23	-10.2%	-17.5%
Q4 23	-12.9%	-19.4%
Q1 24	-23.4%	-9.7%
Q2 24	-10.0%	-6.4%
Q3 24	-13.0%	-9.8%
Q4 24	-12.7%	-4.0%
Q1 25	-10.1%	+0.1%
Q2 25	-8.4%	-1.7%
Q3 25	+0.7%	-15.2%
Q4 25	+5.5%	-2.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$229M
Q2 23	$215M
Q3 23	$209M
Q4 23	$199M
Q1 24	$192M
Q2 24	$183M
Q3 24	$202M
Q4 24	$205M
Q1 25	$201M
Q2 25	$207M
Q3 25	$218M
Q4 25	$211M

Revenue Segments

Quarter	Automotive Segment	Energy Segment	Food Packaging Segment	Holding Company	Home Fashion Segment	Pharma Segment	Real Estate Segment	Energy	Pharma
Q1 23	$457M	$2.3B	$111M	$22M	$40M	$21M	$23M	—	—
Q2 23	$428M	$2.2B	$118M	$25M	$46M	$25M	$34M	—	—
Q3 23	$448M	$2.5B	$105M	$24M	$47M	$27M	$51M	—	—
Q2 24	$425M	—	$105M	$26M	$44M	—	$29M	$2.0B	$52M
Q3 25	$374M	—	$92M	$15M	$42M	—	$233M	$1.9B	$43M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$4.5B	$568M	$5.1B
Q2 23	$4.7B	$367M	$5.1B
Q3 23	$4.9B	$1.2B	$6.1B
Q4 23	$4.9B	$1.1B	$5.9B
Q1 24	$2.5B	$3.3B	$5.8B
Q2 24	$2.2B	$2.3B	$4.5B
Q3 24	$3.9B	$808M	$4.7B
Q4 24	$4.3B	$900M	$5.2B
Q1 25	$4.0B	$897M	$4.9B
Q2 25	$3.8B	$691M	$4.5B
Q3 25	$3.6B	$471M	$4.0B
Q4 25	$3.4B	$2.3B	$5.7B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	354M	+4.1%
Q2 23	367M	+3.7%
Q3 23	394M	+7.4%
Q4 23	412M	+4.6%
Q1 24	429M	+4.1%
Q2 24	450M	+4.9%
Q3 24	477M	+6.0%
Q4 24	505M	+5.9%
Q1 25	523M	+3.6%
Q2 25	545M	+4.2%
Q3 25	575M	+5.5%
Q4 25	575M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$390K	49K
FY 15	$264K	57K
FY 16	$218K	74K
FY 17	$118K	89K
FY 18	$376K	29K
FY 19	$401K	28K
FY 20	$280K	24K
FY 21	$630K	20K
FY 22	$721K	20K
FY 23	$795K	15K
FY 24	$678K	15K
FY 25	$627K	15K