Energy was Icahn Enterprises’s largest segment in fiscal 2025, bringing in $7.19B of $9.66B (74%).
| Segment | FY 2019 | FY 2020 | FY 2021 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Energy | $9.30B | $7.68B | $7.19B | |||
| Automotive | $1.75B | $1.54B | $1.42B | |||
| Metals | — | — | — | |||
| Food Packaging | $435.00M | $393.00M | $362.00M | |||
| Mining | — | — | — | |||
| Home Fashion | — | $172.00M | $171.00M | |||
| Real Estate | $143.00M | $97.00M | $336.00M | |||
| Pharma | $98.00M | $111.00M | $105.00M | |||
| Holding Company | $110.00M | $109.00M | $61.00M | |||
| Investment | -$1.08B | -$86.00M | $12.00M | |||
| Total | $10.76B | $10.02B | $9.66B |
Icahn Enterprises brought in $9.66B from its eight segments in fiscal 2025, the year ended December 31, 2025. That was down 3.6% from $10.02B in fiscal 2024. Energy was the largest at $7.19B (74.4%), ahead of Automotive at $1.42B (14.7%) and Food Packaging at $362.00M (3.7%). The other five segments brought in $685.00M combined.
Compared with fiscal 2024, Real Estate grew fastest, up 246.4% to $336.00M, while Food Packaging fell the most, down 7.9% to $362.00M.
United States was Icahn Enterprises’s largest region in fiscal 2023, bringing in $10.69B of $11.08B (96%).
| Geography | FY 2023 |
|---|---|
| United States | $10.69B |
| International | $390.00M |
| Total | $11.08B |
Icahn Enterprises brought in $11.08B from its two regions in fiscal 2023, the year ended December 31, 2023. United States was the largest at $10.69B (96.5%), ahead of International at $390.00M (3.5%).
Icahn Enterprises (IEP) reports its revenue by segment and by geography. In fiscal 2025, Energy was its largest segment, bringing in $7.19B (74.4% of the total), followed by Automotive at $1.42B (14.7%).
Energy was Icahn Enterprises' largest segment in fiscal 2025, bringing in $7.19B, or 74.4% of the $9.66B total across its eight segments.
United States was Icahn Enterprises' largest region in fiscal 2023, bringing in $10.69B, or 96.5% of the $11.08B total across its two regions.
Among Icahn Enterprises' segments that make up at least 2% of revenue, Real Estate grew fastest in fiscal 2025, up 246.4% from $97.00M to $336.00M.
Every figure comes from Icahn Enterprises' annual financial filings, as reported. Each line keeps the name Icahn Enterprises gives it, and years follow its fiscal calendar.
Icahn Enterprises' revenue by segment goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.