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
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Icahn Enterprises L.P. (IEP) Operating margin
Icahn Enterprises L.P.'s operating margin over the twelve months to 30 September 2026 was 0.00%, down 2.5 percentage points from fiscal 2025 (2.53%). Over the past ten years it has ranged from −30.6% (fiscal 2020) to 20.7% (fiscal 2017); the current reading is higher than 73% of that period. That is below the Oil & Gas Refining & Marketing industry median of 7.14% and below the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 2.53% | 2.38 |
| FY2024 | 0.15% | (0.87) |
| FY2023 | 1.02% | (3.73) |
| FY2022 | 4.75% | 3.93 |
| FY2021 | 0.82% | 31.44 |
| FY2020 | −30.6% | (18.23) |
| FY2019 | −12.4% | (19.69) |
| FY2018 | 7.30% | (13.40) |
| FY2017 | 20.7% | 35.47 |
| FY2016 | −14.8% | (14.64) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 0.00% | 8.67 |
| Jun 2026 | −8.67% | 13.27 |
| Mar 2026 | −21.9% | (28.73) |
| Dec 2025 | 6.79% | (17.87) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DKL Delek Logistics Partners, L.P. compare | 15.3% |
| PARR Par Pacific Holdings, Inc. compare | 13.2% |
| PBF PBF Energy Inc. compare | 9.78% |
| CVI CVR Energy Inc. compare | 5.72% |
| UGP Ultrapar Participacoes S.A. compare | 4.95% |
| DK Delek US Holdings, Inc. compare | 4.84% |
| SUN Sunoco LP compare | 4.60% |
| IEP Icahn Enterprises L.P. | 0.00% |
| WKC World Kinect Corporation compare | −0.10% |
| Oil & Gas Refining & Marketing industry median | 7.14% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on IEP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement