Icahn Enterprises L.P.

IEP Energy Oil & Gas Refining & Marketing

Icahn Enterprises L.P.’s revenue for fiscal 2025 (year ended December 2025) was $9.7 billion, down 3.61% from fiscal 2024.

Revenue
+16.4%
EPS
−163.3%
Free cash flow
+400.0%
Total debt
−4.95%

Quarter to September 2026, against a year earlier

5.16 0.18 −3.37%
Market cap
$3.7B
P/E
0.0×
Fwd P/E
18.5×
Dividend yield
38.8%
F-score
4/9
Altman Z
n/a
Beneish M
−2.62
Dividend safety
16/100

Icahn Enterprises L.P. (IEP) Net margin

Alert me on Net margin

Icahn Enterprises L.P.'s net margin over the twelve months to 30 September 2026 was −9.20%, down 6.2 percentage points from fiscal 2025 (−3.03%). Over the past ten years it has ranged from −26.5% (fiscal 2020) to 19.5% (fiscal 2017); the current reading is higher than 73% of that period. That is below the Oil & Gas Refining & Marketing industry median of 2.70% and below the Energy sector median of 8.44%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −3.03% 1.32
FY2024 −4.35% 1.78
FY2023 −6.13% (4.87)
FY2022 −1.26% 4.07
FY2021 −5.33% 21.13
FY2020 −26.5% (14.50)
FY2019 −12.0% (24.54)
FY2018 12.6% (6.87)
FY2017 19.5% 34.44
FY2016 −15.0% (7.33)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 −6.94% 4.76
Jun 2026 −11.7% 8.70
Mar 2026 −20.4% (20.47)
Dec 2025 0.07% (10.24)
43 more quarters

Against its own ten years

Low −26.5% High 19.5%
Ten-year median −5.33%
Current reading's percentile 21

Net margin against peers

Company Net margin
DKL Delek Logistics Partners, L.P. compare 12.9%
PARR Par Pacific Holdings, Inc. compare 9.81%
PBF PBF Energy Inc. compare 6.98%
CVI CVR Energy Inc. compare 2.70%
UGP Ultrapar Participacoes S.A. compare 2.29%
DK Delek US Holdings, Inc. compare 1.86%
SUN Sunoco LP compare 0.00%
WKC World Kinect Corporation compare −0.37%
IEP Icahn Enterprises L.P. −9.20%
Oil & Gas Refining & Marketing industry median 2.70%
Energy sector median 8.44%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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