Icahn Enterprises L.P. (IEP) quarterly balance sheet — complete assets, liabilities & equity history
Icahn Enterprises L.P. (IEP) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 2.69B | 7.42B | 8.69B | 7.06B | 7.06B | 7.5B | 8.24B | 9.07B | 12.15B | 14.17B | 11.85B | 12.39B | 10.81B | 13.03B | 14.07B | 15.24B | 14.26B | 13.94B | 11.99B | 11.03B |
| Cash & Short-Term Investments | 3.19B | 4.93B | 5.67B | 4.03B | 4.48B | 4.88B | 5.24B | 4.73B | 4.52B | 5.78B | 5.95B | 6.11B | 5.09B | 5.09B | 4.89B | 7.21B | 6.67B | 5.96B | 4.44B | 3.69B |
| Cash Only | 2.45B | 3.29B | 3.42B | 3.55B | 3.79B | 3.98B | 4.34B | 3.93B | 2.22B | 2.47B | 4.88B | 4.94B | 4.72B | 4.52B | 3.87B | 7.21B | 6.67B | 5.96B | 4.33B | 3.69B |
| Short-Term Investments | 741M | 1.64B | 2.25B | 471M | 691M | 897M | 900M | 808M | 2.31B | 3.31B | 1.07B | 1.17B | 367M | 568M | 1.02B | 0 | 0 | 0 | 102M | 0 |
| Accounts Receivable | 1.62B | 1.56B | 2.18B | 2.14B | 1.68B | 1.62B | 2.1B | 3.45B | 3.22B | 4.78B | 4.85B | 5.19B | 4.71B | 6.84B | 7.65B | 6.36B | 5.81B | 6.26B | 6.08B | 5.75B |
| Days Sales Outstanding | 46.92 | 77.37 | 72.92 | 64.53 | 62.13 | 83.35 | 98.93 | 113.37 | 137.71 | 195.8 | 156.17 | 146.55 | 179.19 | 223.32 | 189.62 | 164.15 | 169.29 | 128.76 | 207.74 | 188.53 |
| Inventory | 978M | 927M | 845M | 892M | 905M | 1B | 897M | 883M | 970M | 1.04B | 1.05B | 1.08B | 1.01B | 1.1B | 1.53B | 1.67B | 1.79B | 1.72B | 1.48B | 1.59B |
| Days Inventory Outstanding | 30.07 | 29.94 | 34.69 | 41.98 | 38.22 | 39.67 | 34.61 | 35.87 | 39.15 | 43.98 | 39.55 | 36.48 | 38.84 | 49.84 | 49.23 | 50.03 | 49.04 | 53.84 | 51.83 | 60.23 |
| Other Current Assets | -3.1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.44B | 2.56B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 4.42B | 5.52B | 5.52B | 7.77B | 7.78B | 7.98B | 8.04B | 8.37B | 5.83B | 5.9B | 9.01B | 9.37B | 11.4B | 13.24B | 13.85B | 12.28B | 12.63B | 13.89B | 15.76B | 16.94B |
| Property, Plant & Equipment | 3.62B | 3.63B | 0 | 4.22B | 4.29B | 4.32B | 4.37B | 4.38B | 3.91B | 3.94B | 4.5B | 4.45B | 4.47B | 4.5B | 4.52B | 4.47B | 4.07B | 4.1B | 4.55B | 4.7B |
| Fixed Asset Turnover | 0.85x | 0.60x | - | 0.64x | 0.56x | 0.46x | 0.59x | 0.65x | 0.67x | 0.53x | 0.66x | 0.70x | 0.65x | 0.65x | 0.76x | 0.80x | 0.79x | 1.00x | 0.57x | 0.55x |
| Goodwill | 289M | 290M | 290M | 290M | 290M | 288M | 288M | 289M | 288M | 288M | 288M | 288M | 288M | 288M | 288M | 286M | 288M | 288M | 290M | 294M |
| Intangible Assets | 330M | 340M | 349M | 368M | 381M | 395M | 409M | 423M | 437M | 452M | 466M | 487M | 502M | 517M | 533M | 547M | 563M | 581M | 595M | 613M |
| Long-Term Investments | 1.63B | 17M | 7M | 2.16B | 1.98B | 2.1B | 2.34B | 2.63B | 0 | 0 | 3.09B | 3.49B | 5.36B | 7.21B | 7.62B | 6.39B | 6.71B | 7.87B | 9.76B | 10.69B |
| Other Non-Current Assets | -1.63B | 1.05B | 4.88B | 582M | 662M | 704M | 474M | 474M | 1.04B | 1.03B | 493M | 486M | 594M | 730M | 780M | 585M | 995M | 1.05B | 547M | 648M |
| Total Assets | 12.89B | 12.93B | 14.21B | 14.83B | 14.84B | 15.48B | 16.28B | 17.44B | 17.99B | 20.06B | 20.86B | 21.76B | 22.21B | 26.27B | 27.91B | 27.52B | 26.89B | 27.83B | 27.75B | 27.97B |
| Asset Turnover | 0.24x | 0.16x | 0.19x | 0.18x | 0.16x | 0.13x | 0.15x | 0.15x | 0.14x | 0.11x | 0.14x | 0.14x | 0.12x | 0.11x | 0.12x | 0.13x | 0.12x | 0.16x | 0.09x | 0.09x |
| Asset Growth % | -13.13% | -16.46% | -12.68% | -15% | -17.51% | -22.84% | -21.95% | -19.83% | -19.02% | -23.62% | -25.28% | -20.94% | -17.4% | -5.61% | 0.61% | -1.62% | -3.61% | -1.65% | 11.04% | 22.56% |
| Total Current Liabilities | 1.72B | 2.44B | 1.88B | 2.12B | 1.71B | 1.8B | 2.42B | 3.46B | 2.56B | 3.1B | 5.4B | 4.96B | 4.81B | 7.09B | 8.48B | 7.45B | 6.35B | 7.25B | 8.01B | 7.41B |
| Accounts Payable | 721M | 757M | 690M | 673M | 690M | 870M | 802M | 679M | 747M | 795M | 830M | 819M | 723M | 774M | 870M | 1.01B | 1.15B | 1.1B | 805M | 829M |
| Days Payables Outstanding | 23.33 | 24.45 | 27.22 | 31.84 | 31.3 | 34.96 | 28.79 | 27.61 | 30.05 | 34.26 | 30.59 | 26.79 | 27.53 | 31.18 | 28.83 | 31.2 | 31.55 | 32.15 | 27.6 | 32.17 |
| Short-Term Debt | 1B | 0 | 0 | 1.43B | 996M | 896M | 1.57B | 2.68B | 0 | 0 | 4.27B | 3.8B | 3.37B | 5.65B | 6.72B | 5.38B | 4.06B | 4.78B | 5.6B | 4.96B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 1.68B | 1.19B | 14M | 24M | 37M | 40M | 97M | 0 | 0 | 301M | 339M | 713M | 664M | 885M | 1.06B | 1.13B | 1.37B | 1.61B | 1.62B |
| Current Ratio | 1.56x | 3.05x | 4.62x | 3.33x | 4.13x | 4.16x | 3.41x | 2.62x | 4.75x | 4.58x | 2.19x | 2.50x | 2.25x | 1.84x | 1.66x | 2.05x | 2.25x | 1.92x | 1.50x | 1.49x |
| Quick Ratio | 0.99x | 2.67x | 4.17x | 2.91x | 3.60x | 3.60x | 3.04x | 2.37x | 4.37x | 4.24x | 2.00x | 2.28x | 2.04x | 1.68x | 1.48x | 1.82x | 1.97x | 1.69x | 1.31x | 1.27x |
| Cash Conversion Cycle | 53.66 | 82.86 | 80.39 | 74.67 | 69.05 | 88.06 | 104.74 | 121.63 | 146.81 | 205.52 | 165.13 | 156.24 | 190.5 | 241.98 | 210.01 | 182.99 | 186.78 | 150.44 | 231.96 | 216.58 |
| Total Non-Current Liabilities | 9.02B | 8.15B | 8.91B | 9.29B | 9.71B | 9.94B | 9.24B | 9.16B | 10.04B | 11.34B | 9.38B | 10.17B | 10.22B | 10.68B | 9.88B | 10.2B | 10.39B | 10.82B | 10.39B | 10.56B |
| Long-Term Debt | 6.3B | 6.39B | 6.62B | 6.6B | 6.62B | 6.71B | 6.69B | 6.38B | 6.63B | 6.61B | 6.5B | 7B | 7.01B | 7.03B | 6.97B | 7.06B | 7.07B | 7.05B | 7.55B | 7.63B |
| Capital Lease Obligations | 536M | 0 | 0 | 578M | 595M | 586M | 447M | 589M | 0 | 0 | 442M | 590M | 582M | 586M | 380M | 490M | 515M | 534M | 367M | 594M |
| Deferred Tax Liabilities | 282M | 276M | 314M | 317M | 233M | 278M | 331M | 369M | 341M | 390M | 399M | 354M | 354M | 336M | 338M | 344M | 374M | 447M | 390M | 585M |
| Other Non-Current Liabilities | 1.83B | 1.48B | 1.98B | 1.71B | 2.19B | 2.26B | 1.66B | 1.71B | 3.08B | 4.35B | 1.95B | 835M | 2.18B | 2.6B | 2.1B | 2.2B | 2.39B | 2.66B | 1.96B | 1.67B |
| Total Liabilities | 10.74B | 10.59B | 10.79B | 11.41B | 11.42B | 11.74B | 11.66B | 12.62B | 12.6B | 14.44B | 14.79B | 15.13B | 15.03B | 17.77B | 18.36B | 17.65B | 16.74B | 18.07B | 18.4B | 17.97B |
| Total Debt | 7.84B | 6.39B | 6.62B | 8.61B | 8.21B | 8.2B | 8.71B | 9.65B | 6.63B | 6.61B | 11.21B | 11.4B | 10.96B | 13.27B | 14.07B | 12.93B | 11.64B | 12.37B | 13.51B | 13.18B |
| Net Debt | 5.39B | 3.1B | 3.2B | 5.05B | 4.43B | 4.22B | 4.37B | 5.72B | 4.41B | 4.14B | 6.33B | 6.46B | 6.25B | 8.75B | 10.21B | 5.72B | 4.97B | 6.4B | 9.18B | 9.49B |
| Debt / Equity | 3.65x | 2.72x | 1.93x | 2.52x | 2.40x | 2.19x | 1.89x | 2.00x | 1.23x | 1.17x | 1.85x | 1.72x | 1.53x | 1.56x | 1.47x | 1.31x | 1.15x | 1.27x | 1.45x | 1.32x |
| Debt / EBITDA | - | - | 16.30x | 12.37x | 108.05x | - | 61.79x | 37.99x | 26.39x | 388.71x | 27.08x | 29.52x | 29.32x | 30.15x | 69.33x | 244.02x | - | 8.47x | - | 1648.00x |
| Net Debt / EBITDA | - | - | 7.87x | 7.26x | 58.25x | - | 31.01x | 22.54x | 17.56x | 243.53x | 15.30x | 16.73x | 16.70x | 19.88x | 50.29x | 107.98x | - | 4.39x | - | 1186.50x |
| Interest Coverage | -4.19x | -3.98x | 1.14x | 5.41x | -0.91x | -4.11x | -0.03x | 1.52x | -2.77x | 0.86x | -0.54x | 1.45x | -2.07x | -1.63x | -2.24x | -0.56x | -0.89x | 8.34x | -5.20x | -0.46x |
| Total Equity | 2.15B | 2.35B | 3.43B | 3.42B | 3.42B | 3.74B | 4.62B | 4.83B | 5.39B | 5.63B | 6.07B | 6.63B | 7.19B | 8.5B | 9.56B | 9.87B | 10.16B | 9.76B | 9.34B | 10.01B |
| Equity Growth % | -37.31% | -37.28% | -25.86% | -29.17% | -36.45% | -33.48% | -23.91% | -27.17% | -25.06% | -33.79% | -36.46% | -32.83% | -29.25% | -12.93% | 2.3% | -1.4% | 1.33% | 1.84% | 0.93% | 12.78% |
| Book Value per Share | 3.21 | 4.08 | 5.96 | 5.95 | 6.28 | 7.15 | 9.15 | 10.12 | 11.97 | 13.11 | 14.74 | 16.82 | 19.58 | 24.00 | 28.11 | 30.45 | 33.20 | 32.64 | 33.25 | 37.62 |
| Total Shareholders' Equity | 1.81B | 1.95B | 2.73B | 2.73B | 2.53B | 2.56B | 3.24B | 3.42B | 3.5B | 3.55B | 3.97B | 4.21B | 4.15B | 3.85B | 4.65B | 4.75B | 4.77B | 4.2B | 4.3B | 4.62B |
| Common Stock | 1.87B | 2B | 2.78B | 2.79B | 2.58B | 2.62B | 3.3B | 3.47B | 3.56B | 3.61B | 4.02B | 4.28B | 4.22B | 3.92B | 4.72B | 4.75B | 4.77B | 4.2B | 4.37B | 4.7B |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -53M | -52M | -49M | -53M | -50M | -58M | -61M | -55M | -61M | -57M | -55M | -69M | -63M | -66M | -70M | 0 | 0 | 0 | -74M | -83M |
| Minority Interest | 333M | 399M | 698M | 684M | 890M | 1.18B | 1.38B | 1.41B | 1.89B | 2.08B | 2.1B | 2.42B | 3.03B | 4.64B | 4.91B | 5.12B | 5.38B | 5.56B | 5.04B | 5.39B |