Icahn Enterprises L.P. Investor Presentation May 2025

By Philip Seaworth • Saturday, May 17 10:14 • Permanent Link

Icahn Enterprises L.P. has released its Investor Presentation for May 2025, showcasing its diversified holding company with operating businesses in Investment, Energy, Automotive, Real Estate, Food Packaging, Home Fashion, and Pharma. The company's Investment segment, which comprises various private investment funds, had a fair value of approximately $2.5 billion as of March 31, 2025.

In the twelve months ended March 31, 2025, the company reported Adjusted EBITDA attributable to IEP of ($333) million, net income (loss) attributable to IEP of ($333) million, and total assets of $13.6 billion. This represents a significant decrease compared to the previous period.

The company's Investment segment had a historical segment financial summary for the same period, reporting Adjusted EBITDA attributable to IEP of ($333) million and net income (loss) attributable to IEP of ($333) million.

The overview of the operating segments highlights the company's long history of investing in public equity and debt securities and pursuing an activist agenda, seeking to unlock hidden value through various tactics. As of March 31, 2025, the Investment segment had a net long notional exposure of 20%.

The company's ability to maximize shareholder value through a proven activist strategy is evident through its pursuit of undervalued companies and active involvement in the targeted companies. Icahn Enterprises seeks to implement changes required to improve businesses, and it has a long and successful track record of generating significant returns employing the activist strategy.

The company's evolution showcases its transformation from American Real Estate Partners, founded in 1987, to a diversified portfolio of seven operating businesses and approximately $15 billion of assets as of March 31, 2025. Icahn Enterprises has demonstrated a history of successfully acquiring undervalued assets and improving and enhancing their operations and financial results.

The market has reacted to these announcements by moving the company's shares 0.83% to a price of $9.75. For more information, read the company's full 8-K submission here.

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