Icahn Enterprises
🇺🇸 NASDAQ:IEP
•
Dec 31, 2024
Icahn Enterprises Q4 2024 Earnings Report
Icahn Enterprises reported a net loss for Q4 2024, with slight improvements in EBITDA.
Key Takeaways
Icahn Enterprises reported a net loss of $98 million for Q4 2024, an improvement compared to a net loss of $139 million in Q4 2023. Revenue decreased slightly to $2.6 billion, while Adjusted EBITDA rose to $12 million.
Net loss improved to $98 million, compared to a loss of $139 million in Q4 2023.
Revenue for Q4 2024 was $2.6 billion, a decrease from Q4 2023 revenue of $2.7 billion.
Adjusted EBITDA increased to $12 million, up from $9 million in Q4 2023.
Indicative Net Asset Value declined to $3.3 billion as of December 31, 2024.
Icahn Enterprises Revenue
Icahn Enterprises EPS
Icahn Enterprises Revenue by Segment
Icahn Enterprises Revenue by Geographic Location
Forward Guidance
Icahn Enterprises expects ongoing efforts to improve operational efficiency across its segments, with a focus on asset performance and cost controls.
Positive Outlook
- Real estate segment expected to continue generating positive returns.
- Energy sector performance projected to stabilize.
- Cost-saving initiatives across segments.
- Continued focus on investment opportunities.
- Enhanced financial flexibility through cash reserves.
Challenges Ahead
- Ongoing investment segment challenges.
- Potential risks from global market conditions.
- High interest expense burden.
- Supply chain disruptions impacting operations.
- Increased competition in automotive and food packaging.
Revenue & Expenses
Visualization of income flow from segment revenue to net income