Icahn Enterprises L.P. (IEP)

Icahn Enterprises' stock price has been impacted by several key events in the past six months. Q1 2025 earnings exceeded EPS forecasts but missed revenue projections, leading to a stock price decrease. Q2 2025 earnings missed both EPS and revenue expectations, but the stock saw a pre-market rise. The company announced a senior notes offering to redeem existing notes, increasing borrowing costs. Q3 2025 results showed strong earnings and revenue, causing the stock to jump, with net income and adjusted EBITDA increasing significantly.

Demand seasonality for Icahn Enterprises' products and services varies across its diverse segments. The Energy segment, particularly nitrogen fertilizer manufacturing, and the Food Packaging segment face risks related to seasonality of results. Specific detailed information on demand seasonality for all products and services is not readily available.

Icahn Enterprises LP is a diversified holding company controlled by Carl Icahn, aiming to generate long-term value through strategic investments and operational improvements. Its primary business segments include Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion, and Pharma. The company manages proprietary capital, engages in petroleum refining, automotive repair, food packaging production, real estate investment, home fashion manufacturing, and pharmaceutical product development.

Icahn Enterprises primarily generates revenue from the United States and is headquartered in Sunny Isles Beach, Florida. The automotive segment has company-operated and franchise store locations, along with tire hub and distribution centers throughout the United States. The Food Packaging segment has manufacturing facilities across North America, Europe, South America, and Asia.

Icahn Enterprises' brand reputation has been influenced by past events, including allegations from Hindenburg Research and an SEC investigation. While no new major scandals have been widely reported in the past year, the company's financial performance and challenges affect its reputation. Financial struggles and efforts to manage debt contribute to a cautious investment narrative.

Carl C. Icahn is the largest individual and institutional owner of Icahn Enterprises LP, controlling approximately 86% to 90.10% of the company's outstanding depositary units. Major institutional owners include Susquehanna International Group, Llp, Lantern Wealth Advisors, LLC, and Morgan Stanley. Institutional shareholders collectively hold about 87.3% to 87.49% of the company's shares.