ICAHN ENTERPRISES L.P.
IEPdata completeness 63%17 fiscal years on fileData notes: no data for concept 'totalDebt'; no data for concept 'epsDiluted'
i. The business — what you’d actually own
| Figure | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Revenue | $11.3B1 | $14.2B2 | $10.9B3 | $10B3 | $9.66B3 |
| Net income | −$518M4 | −$183M5 | −$684M6 | −$445M6 | −$299M6 |
| Operating cash flow | $321M7 | $1.06B8 | $3.74B9 | $832M9 | −$313M9 |
| Capital expenditure | $305M10 | $338M11 | $303M12 | $280M12 | $341M12 |
| Free cash flow (derived) | $16M7 | $717M8 | $3.43B9 | $552M9 | −$654M9 |
| Total debt | — | — | — | — | — |
| Cash & equivalents | $2.32B13 | $2.34B14 | $2.95B15 | $2.6B16 | $1.45B16 |
| Diluted shares | — | — | — | — | — |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
iii. Is this a good business?
Moat signal · return on equity
— avg · 5y
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Management signal · capital allocation
— shares · 5y
Not enough history to read capital allocation.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
no diluted share count — cannot compute per-share value
DCF · Growth Exit 5Y
not applicable
no diluted share count — cannot compute per-share value
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined
Different models answer different questions — which to trust when →
Sources — the receipts
- 10-K · period ending 2021-12-31 · accession 0001558370-24-002090 (Revenues)
- 10-K · period ending 2022-12-31 · accession 0001558370-25-001612 (Revenues)
- 10-K · period ending 2023-12-31 · accession 0001104659-26-019821 (Revenues)
- 10-K · period ending 2021-12-31 · accession 0001558370-24-002090 (NetIncomeLoss)
- 10-K · period ending 2022-12-31 · accession 0001558370-25-001612 (NetIncomeLoss)
- 10-K · period ending 2023-12-31 · accession 0001104659-26-019821 (NetIncomeLoss)
- 10-K · period ending 2021-12-31 · accession 0001558370-24-002090 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2022-12-31 · accession 0001558370-25-001612 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-12-31 · accession 0001104659-26-019821 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2021-12-31 · accession 0001558370-24-002090 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2022-12-31 · accession 0001558370-25-001612 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2023-12-31 · accession 0001104659-26-019821 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2021-12-31 · accession 0001558370-23-002068 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2022-12-31 · accession 0001558370-24-002090 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2023-12-31 · accession 0001558370-25-001612 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2024-12-31 · accession 0001104659-26-019821 (CashAndCashEquivalentsAtCarryingValue)