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Icahn Enterprises IEP Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Automotive$328M-3.5%$340M-8.8%$373M+3.0%$362M+4.0%$348M-13.2%
Energy$1.98B+9.2%$1.81B-6.9%$1.95B+10.1%$1.77B+6.8%$1.66B-16.4%
Food Packaging$88M+14.3%$77M-16.3%$92M-5.2%$97M+1.0%$96M+7.9%
Holding Company$5M-54.5%$11M-26.7%$15M-16.7%$18M+5.9%$17M-32.0%
Home Fashion$39M-17.0%$47M+11.9%$42M0.0%$42M+5.0%$40M-16.7%
Investment-$269M-174%$365M+36,600%-$1M+95.0%-$20M+94.0%-$332M-797%
Pharma$16M-33.3%$24M+4.3%$23M-32.4%$34M+41.7%$24M-20.0%
Net Sales by Business
Automotive$187M-11.0%$210M-3.7%$218M+4.3%$209M+5.6%$198M-6.6%
Energy$1.98B+9.4%$1.81B-6.9%$1.95B+10.4%$1.76B+7.0%$1.65B-15.5%
Food Packaging$87M+6.1%$82M-9.9%$91M-6.2%$97M+3.2%$94M-3.1%
Home Fashion$39M-13.3%$45M+7.1%$42M0.0%$42M+2.4%$41M-16.3%
Pharma$15M-34.8%$23M+15.0%$20M-39.4%$33M+43.5%$23M-20.7%
Other Operating Revenue by Business
Automotive$142M+1.4%$140M-10.3%$156M+1.3%$154M+2.0%$151M-0.7%
Pharma$1M-50.0%$2M0.0%$2M+100%$1M$0-100%
Income Loss From Continuing Operations by Business
Automotive-$20M+64.9%-$57M-171%-$21M+16.0%-$25M+7.4%-$27M
Energy-$139M$258M+407%-$84M+2.3%-$86M
Food Packaging-$6M+64.7%-$17M+37.0%-$27M-800%-$3M+76.9%-$13M-62.5%
Holding Company-$78M+17.0%-$94M+19.0%-$116M-41.5%-$82M-28.1%-$64M0.0%
Home Fashion-$4M+20.0%-$5M0.0%-$5M-150%-$2M0.0%-$2M0.0%
Investment-$210M-180%$261M+1,731%-$16M0.0%-$16M+92.9%-$224M-409%
Pharma-$7M-133%-$3M0.0%-$3M-175%$4M+300%-$2M-300%
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business
Automotive-$27M+64.0%-$75M-127%-$33M0.0%-$33M+10.8%-$37M
Energy-$206M$473M+420%-$148M+12.9%-$170M
Food Packaging-$6M+71.4%-$21M-75.0%-$12M-200%-$4M+75.0%-$16M-23.1%
Holding Company-$88M-4.8%-$84M-6.3%-$79M-9.7%-$72M+1.4%-$73M-10.6%
Home Fashion-$4M+20.0%-$5M0.0%-$5M-150%-$2M0.0%-$2M0.0%
Investment-$279M-$20M+41.2%-$34M+90.3%-$350M-415%
Pharma-$7M-133%-$3M0.0%-$3M-175%$4M+300%-$2M-300%
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest by Business
Automotive-$20M+64.9%-$57M-171%-$21M+16.0%-$25M+7.4%-$27M
Energy-$173M$389M+481%-$102M+12.8%-$117M
Food Packaging-$7M+63.2%-$19M+36.7%-$30M-900%-$3M+78.6%-$14M-40.0%
Holding Company-$78M+17.0%-$94M+19.0%-$116M-41.5%-$82M-28.1%-$64M0.0%
Home Fashion-$4M+20.0%-$5M0.0%-$5M-150%-$2M0.0%-$2M0.0%
Investment-$279M-$20M+41.2%-$34M+90.3%-$350M-415%
Pharma-$7M-133%-$3M0.0%-$3M-175%$4M+300%-$2M-300%
Income Tax Expense Benefit by Business
Automotive-$7M+61.1%-$18M-50.0%-$12M-50.0%-$8M+20.0%-$10M-400%
Energy-$33M-175%-$12M-114%$84M+283%-$46M+13.2%-$53M-231%
Food Packaging$1M$18M+1,900%-$1M+50.0%-$2M+33.3%
Holding Company-$10M-200%$10M-73.0%$37M+270%$10M+211%-$9M
Income Loss From Continuing Operations Attributable To Noncontrolling Entity by Business
Energy-$34M$131M+828%-$18M+41.9%-$31M-321%
Food Packaging-$1M+50.0%-$2M+33.3%-$3M$0+100%-$1M+50.0%
Investment-$69M-$4M+77.8%-$18M+85.7%-$126M-425%
Interest And Dividend Income Operating by Business
Energy$5M-28.6%$7M0.0%$7M+16.7%$6M-40.0%$10M+42.9%
Holding Company$7M-41.7%$12M-14.3%$14M-6.7%$15M-11.8%$17M-22.7%
Investment$31M-24.4%$41M-12.8%$47M+2.2%$46M-16.4%$55M-16.7%
Other Income by Business
Energy-$17M$1M-50.0%$2M-92.6%
Food Packaging$1M+120%-$5M-600%$1M$0-100%$2M+125%
Total Assets by Business
Automotive$1.3B+4.0%$1.25B-30.9%$1.81B-1.3%$1.83B-2.8%$1.88B-3.0%
Energy$4.27B+3.4%$4.13B-6.8%$4.43B-0.2%$4.44B-6.0%$4.72B-0.6%
Food Packaging$433M+6.4%$407M+0.7%$404M-6.0%$430M-0.9%$434M+2.1%
Holding Company$1.04B-16.6%$1.25B-7.2%$1.35B-8.3%$1.47B-14.1%$1.71B-3.9%
Home Fashion$215M+1.4%$212M-0.9%$214M-4.5%$224M+1.8%$220M0.0%
Investment$4.31B-23.2%$5.61B-1.9%$5.72B+0.1%$5.71B-0.3%$5.73B-10.3%
Pharma$222M-5.9%$236M-4.8%$248M-2.0%$253M-7.7%$274M-2.5%
Intangible Assets Net Including Goodwill by Business
Automotive$314M-0.6%$316M-1.9%$322M-0.6%$324M-0.6%$326M-0.6%
Energy$134M-3.6%$139M-3.5%$144M-3.4%$149M-3.2%$154M-3.1%
Food Packaging$21M0.0%$21M0.0%$21M0.0%$21M0.0%$21M0.0%
Home Fashion$21M0.0%$21M-4.5%$22M+4.8%$21M+10.5%$19M0.0%
Pharma$140M-1.4%$142M-4.7%$149M-4.5%$156M-4.3%$163M-4.1%
Operating Lease Right Of Use Asset by Business
Automotive$344M-5.2%$363M-1.9%$370M-4.4%$387M0.0%$387M-5.4%
Energy$70M+1.4%$69M+3.0%$67M-2.9%$69M-1.4%$70M-6.7%
Food Packaging$19M-5.0%$20M0.0%$20M0.0%$20M+5.3%$19M0.0%
Derivative Fair Value Of Derivative Asset by Business
Energy-$27M-800%-$3M-117%$18M+63.6%$11M-35.3%$17M0.0%
Investment$192M+24.7%$154M+19.4%$129M+12.2%$115M-23.3%$150M+24.0%
Cost Of Goods Sold New by Business
Automotive$123M-16.9%$148M-4.5%$155M+7.6%$144M0.0%$144M-7.1%
Energy$2.1B+11.6%$1.88B+34.6%$1.4B-24.1%$1.84B+5.2%$1.75B-8.0%
Food Packaging$78M+2.6%$76M-11.6%$86M+1.2%$85M+6.3%$80M-4.8%
Home Fashion$32M-20.0%$40M+14.3%$35M+6.1%$33M+6.5%$31M-16.2%
Pharma$9M-47.1%$17M+21.4%$14M-12.5%$16M+23.1%$13M-7.1%
Accounts Payable And Accrued Liabilities Current And Noncurrent by Business
Automotive$721M-6.6%$772M0.0%$772M0.0%$772M-1.4%$783M-3.2%
Energy$1.37B+27.3%$1.08B-6.1%$1.15B-23.5%$1.5B-6.8%$1.61B+6.7%
Food Packaging$107M-8.5%$117M+6.4%$110M+6.8%$103M-14.2%$120M+12.1%
Holding Company$440M+424%$84M-27.6%$116M+58.9%$73M-80.5%$375M+387%
Home Fashion$39M+14.7%$34M0.0%$34M-20.9%$43M+2.4%$42M-2.3%
Investment$675M+11.4%$606M-40.2%$1.01B-9.2%$1.12B+13.4%$984M+20.4%
Pharma$61M-9.0%$67M+3.1%$65M+16.1%$56M-5.1%$59M-18.1%
Cash And Cash Equivalents At Carrying Value by Business
Automotive$51M+264%$14M-53.3%$30M-6.3%$32M-54.3%$70M-47.4%
Energy$512M+0.2%$511M-23.7%$670M+12.4%$596M-14.2%$695M-29.6%
Food Packaging$29M+222%$9M+28.6%$7M-22.2%$9M+50.0%$6M0.0%
Holding Company$624M-25.6%$839M-15.9%$998M-8.1%$1.09B-17.6%$1.32B-5.7%
Home Fashion$5M+25.0%$4M+100%$2M-33.3%$3M0.0%$3M-25.0%
Investment$16M0.0%$16M+23.1%$13M0.0%$13M+8.3%$12M+33.3%
Pharma$27M+3.8%$26M-27.8%$36M+9.1%$33M-19.5%$41M-2.4%
Total Costs & Expenses by Business
Automotive$355M-14.5%$415M+2.2%$406M+2.8%$395M+2.6%$385M-2.0%
Energy$2.17B+11.2%$1.95B+32.5%$1.48B-23.1%$1.92B+4.9%$1.83B-7.3%
Food Packaging$94M-4.1%$98M-5.8%$104M+3.0%$101M-9.8%$112M+9.8%
Holding Company$93M-2.1%$95M+1.1%$94M+4.4%$90M0.0%$90M-1.1%
Home Fashion$43M-17.3%$52M+10.6%$47M+6.8%$44M+4.8%$42M-16.0%
Investment$10M-33.3%$15M-21.1%$19M+35.7%$14M-22.2%$18M-41.9%
Pharma$23M-14.8%$27M+3.8%$26M-13.3%$30M+15.4%$26M-10.3%
Liabilities by Business
Automotive$747M-5.8%$793M-0.1%$794M-0.4%$797M-1.7%$811M-3.5%
Energy$3.16B+11.0%$2.84B-4.9%$2.99B-11.1%$3.36B-4.7%$3.53B+2.9%
Food Packaging$238M-8.1%$259M+3.6%$250M0.0%$250M-2.3%$256M+2.0%
Holding Company$4.87B+2.5%$4.75B-0.6%$4.78B+0.9%$4.74B-6.6%$5.07B+6.2%
Home Fashion$64M+12.3%$57M+3.6%$55M-5.2%$58M+7.4%$54M-6.9%
Investment$1.42B-28.4%$1.99B-18.8%$2.45B+15.9%$2.11B+12.3%$1.88B-14.2%
Pharma$61M-9.0%$67M+3.1%$65M+16.1%$56M-5.1%$59M-18.1%
Liabilities And Stockholders Equity by Business
Automotive$1.3B+4.0%$1.25B-30.9%$1.81B-1.3%$1.83B-2.8%$1.88B-3.0%
Energy$4.27B+3.4%$4.13B-6.8%$4.43B-0.2%$4.44B-6.0%$4.72B-0.6%
Food Packaging$433M+6.4%$407M+0.7%$404M-6.0%$430M-0.9%$434M+2.1%
Holding Company$1.04B-16.6%$1.25B-7.2%$1.35B-8.3%$1.47B-14.1%$1.71B-3.9%
Home Fashion$215M+1.4%$212M-0.9%$214M-4.5%$224M+1.8%$220M0.0%
Investment$4.31B-23.2%$5.61B-1.9%$5.72B+0.1%$5.71B-0.3%$5.73B-10.3%
Pharma$222M-5.9%$236M-4.8%$248M-2.0%$253M-7.7%$274M-2.5%
Partners Capital by Business
Automotive$551M+21.1%$455M-55.0%$1.01B-2.0%$1.03B-3.6%$1.07B-2.6%
Energy$589M-18.4%$722M-10.5%$807M+46.7%$550M-10.7%$616M-10.1%
Food Packaging$184M+32.4%$139M-2.1%$142M-13.9%$165M+0.6%$164M+3.1%
Holding Company-$3.82B-9.3%-$3.5B-1.9%-$3.43B-5.0%-$3.27B+2.9%-$3.37B-12.3%
Home Fashion$151M-2.6%$155M-2.5%$159M-4.2%$166M0.0%$166M+2.5%
Investment$2.22B-18.1%$2.71B+10.7%$2.45B-0.6%$2.46B-0.6%$2.48B-8.3%
Pharma$161M-4.7%$169M-7.7%$183M-7.1%$197M-8.4%$215M+2.9%
Partners Capital Including Portion Attributable To Noncontrolling Interest by Business
Automotive$551M+21.1%$455M-55.0%$1.01B-2.0%$1.03B-3.6%$1.07B-2.6%
Energy$1.11B-13.6%$1.29B-10.8%$1.44B+33.7%$1.08B-9.8%$1.19B-9.8%
Food Packaging$195M+31.8%$148M-3.9%$154M-14.4%$180M+1.1%$178M+2.3%
Holding Company-$3.82B-9.3%-$3.5B-1.9%-$3.43B-5.0%-$3.27B+2.9%-$3.37B-12.3%
Home Fashion$151M-2.6%$155M-2.5%$159M-4.2%$166M0.0%$166M+2.5%
Investment$2.89B-20.3%$3.62B+10.7%$3.27B-9.1%$3.6B-6.4%$3.85B-8.3%
Pharma$161M-4.7%$169M-7.7%$183M-7.1%$197M-8.4%$215M+2.9%
Selling General And Administrative Expense by Business
Automotive$109M-6.0%$116M+3.6%$112M-0.9%$113M+7.6%$105M+2.9%
Energy$47M+11.9%$42M-16.0%$50M+19.0%$42M-4.5%$44M+4.8%
Food Packaging$13M-13.3%$15M+7.1%$14M+7.7%$13M+8.3%$12M-14.3%
Holding Company$7M-12.5%$8M0.0%$8M+33.3%$6M-14.3%$7M-12.5%
Home Fashion$10M0.0%$10M-16.7%$12M+20.0%$10M-9.1%$11M-8.3%
Investment$4M0.0%$4M-20.0%$5M+66.7%$3M-25.0%$4M-42.9%
Pharma$14M+40.0%$10M-16.7%$12M-14.3%$14M+7.7%$13M-13.3%
Interest Expense by Business
Automotive$1M$1M0.0%$1M
Energy$31M-8.8%$34M+13.3%$30M-16.7%$36M+2.9%$35M+25.0%
Food Packaging$3M+50.0%$2M0.0%$2M-33.3%$3M0.0%$3M0.0%
Holding Company$86M-1.1%$87M+1.2%$86M+2.4%$84M+1.2%$83M0.0%
Home Fashion$1M0.0%$1M$1M
Investment$1M0.0%$1M-75.0%$4M0.0%$4M-33.3%$6M-60.0%
Accounts Receivable Net by Business
Automotive$24M-4.0%$25M-10.7%$28M+7.7%$26M-3.7%$27M-10.0%
Energy$329M+40.0%$235M-7.1%$253M+3.3%$245M-23.4%$320M+8.5%
Food Packaging$63M+5.0%$60M-11.8%$68M-6.8%$73M-5.2%$77M+2.7%
Home Fashion$27M0.0%$27M+17.4%$23M-11.5%$26M0.0%$26M-7.1%
Pharma$27M-25.0%$36M+12.5%$32M-15.8%$38M-2.6%$39M+5.4%
Debt And Capital Lease Obligations by Business
Automotive$26M+23.8%$21M-4.5%$22M-12.0%$25M-10.7%$28M-9.7%
Energy$1.78B+1.1%$1.77B-4.1%$1.84B-1.1%$1.86B-3.0%$1.92B-0.1%
Food Packaging$131M-7.7%$142M+1.4%$140M-4.8%$147M+8.1%$136M-5.6%
Holding Company$4.43B-5.1%$4.66B0.0%$4.66B0.0%$4.66B-0.7%$4.7B0.0%
Home Fashion$25M+8.7%$23M+9.5%$21M+40.0%$15M+25.0%$12M-20.0%
D&A by Business
Automotive$12M-14.3%$14M-17.6%$17M0.0%$17M0.0%$17M-5.6%
Energy$96M-40.4%$161M+24.8%$129M+37.2%$94M+11.9%$84M-7.7%
Food Packaging$4M-20.0%$5M+25.0%$4M-20.0%$5M0.0%$5M-16.7%
Home Fashion$1M0.0%$1M0.0%$1M-50.0%$2M+100%$1M0.0%
Pharma$2M-71.4%$7M0.0%$7M0.0%$7M0.0%$7M0.0%
Inventory Net by Business
Automotive$163M-1.2%$165M-2.9%$170M-2.3%$174M-2.2%$178M+6.0%
Energy$553M+17.2%$472M-7.3%$509M+1.2%$503M-14.0%$585M+16.5%
Food Packaging$99M+2.1%$97M+5.4%$92M-14.8%$108M-6.9%$116M+6.4%
Home Fashion$90M+3.4%$87M-9.4%$96M-2.0%$98M+2.1%$96M+3.2%
Pharma$22M-8.3%$24M-4.0%$25M+13.6%$22M-12.0%$25M0.0%
PP&E (Net) by Business
Automotive$363M+3.4%$351M-56.9%$815M+1.1%$806M-1.1%$815M+0.9%
Energy$2.31B-1.0%$2.33B-2.8%$2.4B-2.4%$2.46B-0.9%$2.48B-0.8%
Food Packaging$143M+1.4%$141M+6.0%$133M+5.6%$126M+6.8%$118M-4.8%
Holding Company$3M0.0%$3M0.0%$3M-25.0%$4M0.0%$4M0.0%
Home Fashion$55M0.0%$55M-1.8%$56M+1.8%$55M+3.8%$53M0.0%
Goodwill by Business
Automotive$250M0.0%$250M0.0%$250M0.0%$250M0.0%$250M0.0%
Food Packaging$6M0.0%$6M0.0%$6M0.0%$6M0.0%$6M0.0%
Home Fashion$21M0.0%$21M0.0%$21M0.0%$21M+10.5%$19M0.0%
Pharma$13M0.0%$13M0.0%$13M0.0%$13M0.0%$13M0.0%
Goodwill Gross by Business
Automotive$337M0.0%$337M0.0%$337M0.0%$337M0.0%$337M0.0%
Food Packaging$6M0.0%$6M0.0%$6M0.0%$6M0.0%$6M0.0%
Home Fashion$24M0.0%$24M0.0%$24M0.0%$24M+9.1%$22M0.0%
Pharma$13M0.0%$13M0.0%$13M0.0%$13M0.0%$13M0.0%
CapEx by Business
Automotive$47M+124%$21M-25.0%$28M+27.3%$22M-8.3%$24M+60.0%
Energy$47M-14.5%$55M+44.7%$38M-7.3%$41M-19.6%$51M-7.3%
Food Packaging$9M0.0%$9M-10.0%$10M+11.1%$9M+28.6%$7M+40.0%
Home Fashion$1M0.0%$1M-50.0%$2M-33.3%$3M+50.0%$2M0.0%
Restricted Cash And Cash Equivalents by Business
Automotive$8M0.0%$8M0.0%$8M0.0%$8M+167%$3M-62.5%
Holding Company$167M-1.8%$170M-4.0%$177M+0.6%$176M+1.1%$174M+0.6%
Home Fashion$2M-33.3%$3M0.0%$3M0.0%$3M-40.0%$5M+25.0%
Investment$1.82B+1.7%$1.79B-12.8%$2.05B-17.5%$2.49B-0.9%$2.51B+2.4%
Operating Lease Liability by Business
Automotive$362M-4.7%$380M-1.8%$387M-3.3%$400M+0.3%$399M-5.2%
Energy$65M+1.6%$64M0.0%$64M-3.0%$66M-4.3%$69M-2.8%
Food Packaging$21M-4.5%$22M0.0%$22M0.0%$22M+4.8%$21M-4.5%
Operating Lease Weighted Average Discount Rate Percent by Business
Automotive5.9%0.0pp5.9%0.0pp5.9%0.0pp5.9%0.0pp5.9%0.0pp
Energy8.2%+0.1pp8.1%-0.2pp8.3%+0.1pp8.2%+0.9pp7.3%-0.6pp
Food Packaging7.5%0.0pp7.5%-0.1pp7.6%0.0pp7.6%+0.2pp7.4%0.0pp
Partners Capital Attributable To Noncontrolling Interest by Business
Energy$521M-7.5%$563M-11.1%$633M+20.1%$527M-8.8%$578M-9.4%
Food Packaging$11M+22.2%$9M-25.0%$12M-20.0%$15M+7.1%$14M-6.7%
Investment$668M-26.8%$912M+10.7%$824M-27.6%$1.14B-17.0%$1.37B-8.4%
Gain Loss On Disposition Of Assets1 by Business
Automotive-$1M+90.9%-$11M-1,000%-$1M+50.0%-$2M0.0%-$2M0.0%
Energy-$1M+66.7%-$3M+25.0%-$4M-500%$1M+200%-$1M-200%
Goodwill Impaired Accumulated Impairment Loss by Business
Automotive$87M0.0%$87M0.0%$87M0.0%$87M0.0%$87M0.0%
Home Fashion$3M0.0%$3M0.0%$3M0.0%$3M0.0%$3M0.0%
Credit Risk Derivative Liabilities At Fair Value by Business
Energy$74M$0-100%$6M$0$0
Investment$0$0$0$0$0
Derivative Fair Value Of Derivative Liability by Business
Energy-$89M-2,867%-$3M-114%$21M+250%$6M-45.5%$11M-15.4%
Investment$822M+9.7%$749M-32.6%$1.11B-5.4%$1.18B+12.1%$1.05B+22.0%
Investments by Business
Energy$13M-23.5%$17M-5.6%$18M-5.3%$19M-5.0%$20M-16.7%
Investment$1.53B-28.7%$2.15B+11.1%$1.93B-0.4%$1.94B-4.9%$2.04B-10.3%
Debt And Equity Securities Realized Gain Loss by Business
Holding Company-$2M$0$0$0$0
Investment-$300M-$48M+35.1%-$74M+81.2%-$394M-283%

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Questions, answered.

How does Icahn Enterprises break its business down?
Icahn Enterprises (IEP) reports revenue by business across 7 parts — Automotive, Energy, Food Packaging, Holding Company and Home Fashion. Each is extracted from the segment footnotes and tracked over time.
Where does Icahn Enterprises's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Icahn Enterprises's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.