Business UpdateMay 11, 2026, 06:07 AM
Icahn Enterprises LTM Adj. EBITDA $206M; NAV $3.37B
AI Summary
Icahn Enterprises L.P. filed an investor presentation providing a comprehensive business update, including financial performance for the twelve months ended March 31, 2026, and its balance sheet as of that date. The company reported an Adjusted EBITDA attributable to IEP of $206 million and a Net Loss attributable to IEP of $336 million for the LTM period. Its Indicative Net Asset Value stood at $3.37 billion as of March 31, 2026, with total assets of $12.93 billion. The presentation also detailed segment performance and strategic initiatives across its diversified holdings, and noted a change in Adjusted EBITDA calculation effective March 31, 2026.
Key Highlights
- LTM March 31, 2026, Adjusted EBITDA attributable to IEP was $206 million.
- LTM March 31, 2026, Net Loss attributable to IEP was $336 million.
- Indicative Net Asset Value as of March 31, 2026, was $3.37 billion.
- Total Assets as of March 31, 2026, were $12.93 billion.
- Investment segment equity attributable to IEP was $2.22 billion as of March 31, 2026.
- Energy segment LTM Net Sales were $7.50 billion.
- Automotive segment LTM Net Sales were $1.42 billion.
- Annualized distribution of $2.00 per unit, representing a 25.06% yield as of May 7, 2026.