Icahn Enterprises LP
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Icahn Enterprises LP (IEP). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Energy Segment | HMA3.93B 64.4% | HMA7.24B 64.3% · +84.3% | HMA10.90B 76.6% · +50.5% | HMA9.25B 85.5% · -15.1% | HMA7.61B 77.3% · -17.7% | HMA7.16B 74.5% · -5.9% |
| Automotive Segment | HMA2.48B 40.6% | HMA2.38B 21.2% · -3.8% | HMA2.35B 16.5% · -1.5% | HMA1.69B 15.6% · -28.3% | HMA1.45B 14.7% · -14.2% | HMA1.40B 14.6% · -3.0% |
| Food Packaging Segment | HMA403.0M 6.6% | HMA402.0M 3.6% · -0.2% | HMA426.0M 3.0% · +6.0% | HMA435.0M 4.0% · +2.1% | HMA393.0M 4.0% · -9.7% | HMA362.0M 3.8% · -7.9% |
| Real Estate Segment | HMA98.0M 1.6% | HMA96.0M 0.9% · -2.0% | HMA118.0M 0.8% · +22.9% | HMA143.0M 1.3% · +21.2% | HMA97.0M 1.0% · -32.2% | HMA336.0M 3.5% · +246.4% |
| Home Fashion Segment | HMA190.0M 3.1% | HMA197.0M 1.7% · +3.7% | HMA217.0M 1.5% · +10.2% | HMA175.0M 1.6% · -19.4% | HMA172.0M 1.7% · -1.7% | HMA171.0M 1.8% · -0.6% |
| Pharma Segment | HMA3.0M 0.0% | HMA85.0M 0.8% · +2,733.3% | HMA72.0M 0.5% · -15.3% | HMA98.0M 0.9% · +36.1% | HMA111.0M 1.1% · +13.3% | HMA105.0M 1.1% · -5.4% |
| Holding Company | -HMA70.0M -1.1% | -HMA25.0M -0.2% · +64.3% | HMA78.0M 0.5% · +412.0% | HMA110.0M 1.0% · +41.0% | HMA109.0M 1.1% · -0.9% | HMA61.0M 0.6% · -44.0% |
| Investment Segment | -HMA1.25B -20.5% | HMA202.0M 1.8% · +116.2% | HMA72.0M 0.5% · -64.4% | -HMA1.08B -10.0% · -1,597.2% | -HMA86.0M -0.9% · +92.0% | HMA12.0M 0.1% · +114.0% |
| Metals Segment | HMA317.0M 5.2% | HMA684.0M 6.1% · +115.8% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.