Business
Icahn Enterprises L.P. Reports Fourth Quarter 2022 Financial Results
For the twelve months ended December 31, 2022, net loss attributable to Icahn Enterprises was $183 million, or $0.57 per depositary unit. For the twelve
About this update from Icahn Enterprises L.p.
[{"type":"text","content":"For the twelve months ended December 31, 2022, net loss attributable to Icahn Enterprises was $183 million, or $0.57 per depositary unit. For the twelve months ended December 31, 2021, net loss attributable to Icahn Enterprises was $518 million, or $2.32 per depositary unit. For the twelve months ended December 31, 2022, Adjusted EBITDA attributable to Icahn Enterprises was $758 million compared to $273 million for the twelve months ended December 31, 2021Fourth quarter net loss attributable to IEP was $255 million with Adjusted EBITDA loss attributable to IEP of $54 million. This is an improvement over prior year fourth quarter results of $141 million in net loss and $389 million Adjusted EBITDAIndicative Net Asset Value increased by $522 million to $5.6 billion as of December 31, 2022 compared to December 31, 2021. The change in indicative net asset value includes, among other things, changes in the fair value of certain subsidiaries which are not included in our GAAP earningsBoard approves quarterly distribution of $2.00 per depositary unit (the 71st consecutive quarterly distribution since 2005) SUNNY ISLES BEACH, Fla., Feb. 24, 2023 /PRNewswire/ -- Icahn Enterprises L.P. (Nasdaq:IEP) is reporting revenues of $14.1 billion and net loss attributable to Icahn Enterprises of $183 million, or $0.57 per depositary unit, for the twelve months ended December 31, 2022. For the twelve months ended December 31, 2021, revenues were $11.3 billion and net loss attributable to Icahn Enterprises was $518 million, or $2.32 per depositary unit. Adjusted EBITDA attributable to Icahn Enterprises was $758 million for the twelve months ended December 31, 2022, compared to $273 million for the twelve months ended December 31, 2021. \nFourth quarter 2022 revenues were $3.1 billion and net loss attributable to Icahn Enterprises was $255 million, or a loss of $0.74 per depositary unit. For the three months ended December 31, 2021, revenues were $2.3 billion and net loss attributable to Icahn Enterprises was $396 million, or a loss of $1.72 per depositary unit. For the three months ended December 31, 2022, Adjusted EBITDA attributable to Icahn Enterprises was a loss of $54 million compared to a loss of $443 million for the three months ended December 31, 2021. \nFor the twelve months ended December 31, 2022, indicative net asset value increased by $5...