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Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services. The Energy segment refines and markets transportation fuels in the form of gasoline and diesel fuels, as well as renewable diesel; and manufactures nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The Automotive segment sells automotive parts and materials, and retailed merchandise; offers automotive repair and maintenance services; and leases real estate properties. The Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used to prepare and package processed meat products. The Real Estate segment is involved in the leasing of land, retail, office, and industrial properties; the development and sale of single-family homes; and the operation of country clubs. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. The Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Icahn Enterprises LP is a diversified holding company with stakes and operating businesses in automotive, energy, metals, food packaging and real estate. Long-term growth may be supported by active investment management, asset monetization and recoveries in cyclical segments, and the sponsor's influence could support value realization for investors.
Material risks include high founder control and concentration of decision-making, significant leverage and liquidity sensitivity, and cyclicality and commodity exposure in operating segments that investors should monitor.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 9.00M | -578.00M | -2584.00M | -1739.00M | 278.00M |
| Minority interest | 158.00M | 18.00M | -815.00M | -693.00M | 539.00M |
| Net income | -25.00M | -500.00M | -2468.00M | -1759.00M | 1507.00M |
| Selling general administrative | 1250.00M | 1241.00M | 12.00M | 1376.00M | 1386.00M |
| Gross profit | 2437.00M | 1460.00M | 1103.00M | 2174.00M | 2276.00M |
| Reconciled depreciation | 509.00M | 517.00M | 510.00M | 519.00M | 447.00M |
| Ebit | 246.00M | -758.00M | -947.00M | 45.00M | 62.00M |
| Ebitda | 755.00M | -241.00M | -437.00M | 564.00M | 509.00M |
| Depreciation and amortization | 509.00M | 517.00M | 510.00M | 519.00M | 447.00M |
| Operating income | 246.00M | -758.00M | -947.00M | 45.00M | 361.00M |
| Other operating expenses | 13522.00M | 11235.00M | 7998.00M | 10106.00M | 10862.00M |
| Interest expense | 568.00M | 666.00M | 688.00M | 605.00M | 524.00M |
| Tax provision | 34.00M | -78.00M | -116.00M | 20.00M | -4.00M |
| Interest income | 328.00M | 137.00M | 169.00M | 265.00M | 148.00M |
| Net interest income | -240.00M | -529.00M | -519.00M | -340.00M | -376.00M |
| Extraordinary items | - | - | - | -32.00M | 1764.00M |
| Non recurring | 2.00M | 5.00M | 21.00M | 20.00M | 113.00M |
| Income tax expense | 34.00M | -78.00M | -116.00M | 20.00M | -4.00M |
| Total revenue | 14126.00M | 10941.00M | 7423.00M | 10386.00M | 11223.00M |
| Total operating expenses | 1833.00M | 1754.00M | 1678.00M | 1894.00M | 1915.00M |
| Cost of revenue | 11689.00M | 9481.00M | 6320.00M | 8212.00M | 8947.00M |
| Total other income expense net | -237.00M | 180.00M | -1637.00M | -1784.00M | 293.00M |
| Discontinued operations | - | - | - | -32.00M | 1764.00M |
| Net income from continuing ops | -25.00M | -500.00M | -2468.00M | -1759.00M | 282.00M |
| Net income applicable to common shares | -187.00M | -432.00M | -1686.00M | -1120.00M | 951.00M |
| Preferred stock and other adjustments | 4.00M | -86.00M | 33.00M | 22.00M | 556.00M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 20858.00M | 27914.00M | 27746.00M | 24987.00M | 24639.00M |
| Intangible assets | 466.00M | 533.00M | 595.00M | 660.00M | 431.00M |
| Other current assets | 7437.00M | 2549.00M | 2115.00M | 1592.00M | 1151.00M |
| Total liab | 14785.00M | 18356.00M | 18403.00M | 15730.00M | 13697.00M |
| Total stockholder equity | 3969.00M | 9558.00M | 9343.00M | 9257.00M | 10942.00M |
| Deferred long term liab | - | 338.00M | 390.00M | 569.00M | 639.00M |
| Other current liab | 301.00M | 2845.00M | 3363.00M | 3204.00M | 1507.00M |
| Common stock | 4024.00M | 4647.00M | 4298.00M | 4235.00M | 6268.00M |
| Retained earnings | - | -183.00M | -417.00M | - | - |
| Other liab | - | 466.00M | 390.00M | 569.00M | 782.00M |
| Good will | 288.00M | 288.00M | 290.00M | 298.00M | 282.00M |
| Other assets | 11468.00M | 11772.00M | 9280.00M | 1293.00M | 546.00M |
| Cash | 4878.00M | 2337.00M | 2321.00M | 1699.00M | 3794.00M |
| Total current liabilities | 4604.00M | 3736.00M | 4194.00M | 3942.00M | 2452.00M |
| Net debt | 6333.00M | 4759.00M | 5371.00M | 6360.00M | 4398.00M |
| Short term debt | 3473.00M | 21.00M | 26.00M | 2035.00M | 8192.00M |
| Short long term debt | 33.00M | 21.00M | 26.00M | - | - |
| Short long term debt total | 11211.00M | 7096.00M | 7692.00M | 8059.00M | 8192.00M |
| Other stockholder equity | 6073.00M | 9558.00M | 9343.00M | 9257.00M | 10942.00M |
| Property plant equipment | - | 4038.00M | 4085.00M | 4228.00M | 4541.00M |
| Total current assets | 11856.00M | 20876.00M | 21141.00M | 17723.00M | 18035.00M |
| Long term investments | - | 6809.00M | 9151.00M | 8913.00M | 9945.00M |
| Net tangible assets | - | 8737.00M | 8458.00M | 8299.00M | 10229.00M |
| Short term investments | 1068.00M | 6809.00M | 9151.00M | 8913.00M | 9945.00M |
| Net receivables | 4863.00M | 7650.00M | 6076.00M | 3939.00M | 1333.00M |
| Long term debt | 7174.00M | 691.00M | 787.00M | 639.00M | 1224.00M |
| Inventory | 1047.00M | 1531.00M | 1478.00M | 1580.00M | 1812.00M |
| Accounts payable | 830.00M | 870.00M | 805.00M | 738.00M | 945.00M |
| Accumulated other comprehensive income | -55.00M | - | - | - | -2668.00M |
| Common stock total equity | - | - | - | - | 6268.00M |
| Non currrent assets other | 493.00M | 2179.00M | 1635.00M | 2078.00M | 1350.00M |
| Non current assets total | 9002.00M | 7038.00M | 6605.00M | 7264.00M | 6604.00M |
| Long term debt total | - | 691.00M | 787.00M | 639.00M | 1224.00M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | -290.00M | 153.00M | 445.00M | -239.00M | 408.00M |
| Change to liabilities | - | 188.00M | 329.00M | 13.00M | 125.00M |
| Total cashflows from investing activities | - | -260.00M | 528.00M | -581.00M | 586.00M |
| Net borrowings | - | -601.00M | -371.00M | -182.00M | 770.00M |
| Total cash from financing activities | -344.00M | -344.00M | 293.00M | -653.00M | 566.00M |
| Change to operating activities | - | 132.00M | 276.00M | 205.00M | 1517.00M |
| Net income | -698.00M | -25.00M | -500.00M | -2468.00M | -1791.00M |
| Change in cash | 1011.00M | 450.00M | 1145.00M | -1654.00M | -393.00M |
| Begin period cash flow | 3867.00M | 4436.00M | 3291.00M | 4945.00M | 5338.00M |
| End period cash flow | 4878.00M | 4886.00M | 4436.00M | 3291.00M | 4945.00M |
| Total cash from operating activities | 3736.00M | 1055.00M | 321.00M | -416.00M | -1460.00M |
| Issuance of capital stock | - | - | - | 102.00M | 55.00M |
| Depreciation | 518.00M | 509.00M | 517.00M | 510.00M | 519.00M |
| Other cashflows from investing activities | - | -75.00M | 388.00M | -143.00M | 428.00M |
| Dividends paid | -307.00M | 226.00M | 134.00M | 526.00M | 112.00M |
| Change to inventory | 27.00M | -180.00M | -83.00M | 147.00M | -20.00M |
| Change to account receivables | 85.00M | -110.00M | -110.00M | 28.00M | -33.00M |
| Sale purchase of stock | - | 777.00M | 909.00M | 2710.00M | 3262.00M |
| Other cashflows from financing activities | 74.00M | 598.00M | 3177.00M | 55.00M | -92.00M |
| Change to netincome | - | -1394.00M | -2191.00M | -338.00M | -616.00M |
| Capital expenditures | 303.00M | 338.00M | 305.00M | 199.00M | 250.00M |
| Change receivables | - | -110.00M | -110.00M | 28.00M | -33.00M |
| Cash flows other operating | - | 2067.00M | 2359.00M | 1692.00M | 356.00M |
| Exchange rate changes | - | -1.00M | 3.00M | -4.00M | -2.00M |
| Cash and cash equivalents changes | - | 450.00M | 1145.00M | -1654.00M | -310.00M |
| Change in working capital | -154.00M | -2799.00M | -1554.00M | -2095.00M | 1389.00M |
| Stock based compensation | 1456.00M | - | -1288.00M | 954.00M | -821.00M |
| Other non cash items | 2662.00M | 3518.00M | 3314.00M | 2732.00M | -667.00M |
| Free cash flow | 3433.00M | 717.00M | 16.00M | -615.00M | -1710.00M |
Sector: Energy Industry: Oil & Gas Refining & Marketing
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| IEP Icahn Enterprises LP |
-0.38 7.41% |
4.75 | - | 28.82 | 0.69 | 2.31 | 0.73 | 57.80 |
| MPC Marathon Petroleum Corp |
-4.58 1.21% |
372.74 | 13.75 | 12.08 | 0.75 | 5.84 | 0.90 | 7.83 |
| PSX Phillips 66 |
-1.32 0.53% |
245.72 | 8.10 | 9.57 | 0.39 | 1.91 | 0.50 | 5.71 |
| VLO Valero Energy Corporation |
-4.78 1.36% |
346.45 | 4.54 | 9.21 | 0.31 | 1.74 | 0.34 | 2.87 |
| NTOIF Neste Oyj |
- -% |
30.74 | 17.00 | 13.21 | 1.46 | 3.00 | 1.36 | 13.54 |
Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services. The Energy segment refines and markets transportation fuels in the form of gasoline and diesel fuels, as well as renewable diesel; and manufactures nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The Automotive segment sells automotive parts and materials, and retailed merchandise; offers automotive repair and maintenance services; and leases real estate properties. The Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used to prepare and package processed meat products. The Real Estate segment is involved in the leasing of land, retail, office, and industrial properties; the development and sale of single-family homes; and the operation of country clubs. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. The Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
16690 Collins Avenue, Sunny Isles Beach, FL, United States, 33160
305 422 4100
15038
| Name | Title | Year Born |
|---|---|---|
| Mr. David Willetts | Pres, CEO & Director of Icahn Enterprises GP, Inc. | 1976 |
| Mr. Ted Papapostolou | CFO, Director & Sec. of Icahn Enterprises G.P. Inc | 1982 |
| Mr. Angel Montalvo | Investor Relations Contact | NA |
| Mr. Hunter C. Gary | Sr. Managing Director | 1975 |
| Mr. Jesse A. Lynn | Gen. Counsel | 1971 |
| Mr. Andrew N. Langham | Gen. Counsel | 1973 |
| Mr. Robert E. Flint | Chief Audit Exec. | NA |
| Mr. Andrew Teno | President, CEO & Director of Icahn Enterprises GP, Inc. | 1985 |
| Mr. Ted Papapostolou | CFO, Director & Secretary of Icahn Enterprises G.P. Inc | 1982 |
| Mr. Robert E. Flint | Chief Accounting Officer & Principal Accounting Officer | 1978 |
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