Icahn Historical Income Statement

IEP Stock  USD 9.14  0.16  1.72%   
Historical analysis of Icahn Enterprises income statement accounts such as Gross Profit of 1.1 B or Other Operating Expenses of 6 B can show how well Icahn Enterprises LP performed in making a profits. Evaluating Icahn Enterprises income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Icahn Enterprises's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Icahn Enterprises latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Icahn Enterprises is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icahn Enterprises LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Icahn Income Statement Analysis

Icahn Enterprises Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Icahn Enterprises shareholders. The income statement also shows Icahn investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Icahn Enterprises Income Statement Chart

At this time, Icahn Enterprises' Gross Profit is relatively stable compared to the past year. As of 03/28/2025, Operating Income is likely to grow to about 8.8 B, while Interest Expense is likely to drop slightly above 496.9 M.

Total Revenue

Total revenue comprises all receipts Icahn Enterprises generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Icahn Enterprises LP minus its cost of goods sold. It is profit before Icahn Enterprises operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Icahn Enterprises. It is also known as Icahn Enterprises overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Icahn Enterprises' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Icahn Enterprises current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icahn Enterprises LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Icahn Enterprises' Gross Profit is relatively stable compared to the past year. As of 03/28/2025, Operating Income is likely to grow to about 8.8 B, while Interest Expense is likely to drop slightly above 496.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit2.4B1.9B574M1.1B
Total Revenue14.1B11.8B9.2B6.2B

Icahn Enterprises income statement Correlations

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0.730.911.0-0.250.20.440.80.29-0.340.910.210.130.740.990.250.170.060.42-0.150.050.02-0.350.10.43
0.710.910.89-0.350.160.410.90.3-0.310.90.160.090.690.850.230.00.040.58-0.22-0.070.12-0.450.210.5
0.751.00.89-0.230.160.410.830.27-0.370.920.190.120.730.990.240.220.040.42-0.190.010.02-0.350.090.4
-0.16-0.25-0.35-0.230.120.07-0.260.050.08-0.170.070.02-0.16-0.16-0.030.470.03-0.170.00.02-0.130.49-0.15-0.24
-0.230.20.160.160.120.96-0.050.490.17-0.020.660.460.410.20.06-0.440.58-0.020.40.60.01-0.32-0.030.45
0.020.440.410.410.070.960.210.510.060.260.640.440.570.440.13-0.340.520.150.30.54-0.01-0.4-0.010.56
0.80.80.90.83-0.26-0.050.210.19-0.440.920.010.050.590.750.120.22-0.10.57-0.46-0.340.12-0.440.230.36
-0.190.290.30.270.050.490.510.19-0.510.130.90.830.30.280.01-0.220.88-0.19-0.350.110.47-0.220.580.32
-0.17-0.34-0.31-0.370.080.170.06-0.44-0.51-0.37-0.47-0.62-0.01-0.340.14-0.05-0.490.20.860.22-0.020.33-0.2-0.26
0.860.910.90.92-0.17-0.020.260.920.13-0.370.0-0.010.620.880.250.28-0.130.6-0.31-0.13-0.05-0.350.050.42
-0.350.210.160.190.070.660.640.010.9-0.470.00.930.180.22-0.08-0.350.97-0.37-0.220.30.19-0.250.270.36
-0.290.130.090.120.020.460.440.050.83-0.62-0.010.930.010.13-0.15-0.320.91-0.41-0.430.180.2-0.30.310.32
0.610.740.690.73-0.160.410.570.590.3-0.010.620.180.010.730.440.180.020.370.040.060.24-0.170.260.17
0.720.990.850.99-0.160.20.440.750.28-0.340.880.220.130.730.250.230.060.36-0.130.07-0.01-0.280.050.38
0.460.250.230.24-0.030.060.130.120.010.140.25-0.08-0.150.440.25-0.03-0.10.570.150.380.06-0.150.050.22
0.420.170.00.220.47-0.44-0.340.22-0.22-0.050.28-0.35-0.320.180.23-0.03-0.48-0.09-0.3-0.570.020.650.04-0.62
-0.480.060.040.040.030.580.52-0.10.88-0.49-0.130.970.910.020.06-0.1-0.48-0.38-0.230.340.16-0.310.250.42
0.660.420.580.42-0.17-0.020.150.57-0.190.20.6-0.37-0.410.370.360.57-0.09-0.380.160.150.01-0.480.010.53
-0.24-0.15-0.22-0.190.00.40.3-0.46-0.350.86-0.31-0.22-0.430.04-0.130.15-0.3-0.230.160.58-0.070.05-0.260.06
-0.190.05-0.070.010.020.60.54-0.340.110.22-0.130.30.180.060.070.38-0.570.340.150.58-0.25-0.37-0.30.62
-0.060.020.120.02-0.130.01-0.010.120.47-0.02-0.050.190.20.24-0.010.060.020.160.01-0.07-0.25-0.010.98-0.18
-0.21-0.35-0.45-0.350.49-0.32-0.4-0.44-0.220.33-0.35-0.25-0.3-0.17-0.28-0.150.65-0.31-0.480.05-0.37-0.01-0.05-0.85
-0.010.10.210.09-0.15-0.03-0.010.230.58-0.20.050.270.310.260.050.050.040.250.01-0.26-0.30.98-0.05-0.11
0.170.430.50.4-0.240.450.560.360.32-0.260.420.360.320.170.380.22-0.620.420.530.060.62-0.18-0.85-0.11
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Icahn Enterprises Account Relationship Matchups

Icahn Enterprises income statement Accounts

202020212022202320242025 (projected)
Interest Expense688M666M568M554M523M496.9M
Total Revenue7.4B10.9B14.1B11.8B9.2B6.2B
Gross Profit1.1B1.5B2.4B1.9B574M1.1B
Other Operating Expenses8.0B11.2B13.5B10.8B9.9B6.0B
Operating Income(947M)(758M)246M3M8.4B8.8B
Ebit(1.9B)88M246M(368M)(44M)(41.8M)
Ebitda(1.4B)605M755M150M467M325.6M
Total Operating Expenses1.7B1.8B1.8B852M1.3B898.4M
Net Income(2.5B)(500M)(25M)(684M)(445M)(422.8M)
Income Tax Expense20M(116M)(78M)90M(25M)(23.8M)
Depreciation And Amortization450M517M509M518M511M341.9M
Income Before Tax(2.6B)(578M)9M(922M)(567M)(538.7M)
Total Other Income Expense Net(726M)(284M)(595M)(925M)(567M)(538.7M)
Selling General Administrative12M1.2B1.3B852M783M613.0M
Cost Of Revenue6.3B9.5B11.7B10.0B8.6B6.7B
Net Income Applicable To Common Shares(1.1B)(1.7B)(432M)(187M)(168.3M)(159.9M)
Minority Interest(815M)18M158M328M97M92.2M
Net Income From Continuing Ops(2.5B)(500M)(25M)(1.0B)(542M)(514.9M)
Non Recurring20M21M5M2M1.8M1.7M
Tax Provision(116M)(78M)34M90M(25M)(26.3M)
Interest Income169M137M328M636M477M370.0M
Net Interest Income(519M)(529M)(240M)82M(46M)(48.3M)
Reconciled Depreciation510M517M509M518M511M454.8M

Pair Trading with Icahn Enterprises

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Icahn Enterprises position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Icahn Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving against Icahn Stock

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The ability to find closely correlated positions to Icahn Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Icahn Enterprises when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Icahn Enterprises - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Icahn Enterprises LP to buy it.
The correlation of Icahn Enterprises is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Icahn Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Icahn Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Icahn Enterprises can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Icahn Stock Analysis

When running Icahn Enterprises' price analysis, check to measure Icahn Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Icahn Enterprises is operating at the current time. Most of Icahn Enterprises' value examination focuses on studying past and present price action to predict the probability of Icahn Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icahn Enterprises' price. Additionally, you may evaluate how the addition of Icahn Enterprises to your portfolios can decrease your overall portfolio volatility.