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Icahn Enterprises IEP Food Packaging — Operating Lease Liability

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Automotive
$353M-11.8%
Energy
$61M-7.6%

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Other financials

Income statement

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Revenue$3.0B+25.6%
Net income-$355.0M-115%
EPS (diluted)-$0.52-73.3%

Balance sheet

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Cash & equivalents$1.2B-32.3%
Total debt$6.9B-5.2%
Total assets$12.9B-13.1%

Cash flow

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Operating cash flow$116.0M-57.8%
CapEx$80.0M-16.7%
Free cash flow$36.0M

Valuation

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Market cap$5.42B+2.3%
Enterprise value$11.13B+3.0%
P/S0.5×0.0×

Profitability

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Gross margin-56.5%
Net margin-5%-1.1pp
FCF margin-2.3%

Returns & leverage

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Return on equity-0.1%
Debt / equity0.7×

Where this comes from

Reported directly by Icahn Enterprises in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiability.

The source filing: Icahn Enterprises’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-090605
Operating Leases as of June 30, 2026Right-Of-Use / AssetsLease / LiabilitiesLease TermDiscount / Rate
(in millions)
Energy$66$614.9 years8.3%
Automotive3413535.0 years5.9%
Food Packaging18207.6 years7.5%
Other segments and Holding Company2216
$447$450

Item 1. Financial Statements (Unaudited)

FAQ

What is Icahn Enterprises's food packaging — operating lease liability?
Icahn Enterprises (IEP) reported food packaging — operating lease liability of $20M in Q2 2026.
How has Icahn Enterprises's food packaging — operating lease liability changed year-over-year?
Icahn Enterprises's food packaging — operating lease liability decreased by 9.1% year-over-year, from $22M to $20M.
What is the long-term trend for Icahn Enterprises's food packaging — operating lease liability?
Over 4 years (2021 to 2025), Icahn Enterprises's food packaging — operating lease liability has grown at a -9.7% compound annual growth rate (CAGR), from $131M to $87M.
What does food packaging — operating lease liability mean?
The present value of future lease payments for assets utilized by the food packaging segment, recognized as a financial obligation. This metric reflects the long-term contractual commitment the segment has for leased property and equipment.

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