IEP Icahn Enterprises L P margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 26

Gross margin

14.5%

Operating margin

0.5%

EBITDA margin

5.8%

Net margin

-5%

Currently, Icahn Enterprises L P shows a gross margin of 14.5%, an operating margin of 0.5%, an EBITDA margin of 5.8%, and a net margin of -5%; its net margin is negative at -5%. Each available margin advanced from the same period last year. Operating margin recorded the strongest gain, gaining by 5.2 percentage points.

IEP margin history

Gross, operating, EBITDA and net margin trends

Icahn Enterprises L P's margins averaged 14.09% gross, -1.03% operating, 5.45% EBITDA, and -5.1% net during the last 3 years. Currently all four current margins are above their three-year averages.

IEP margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 5.2 percentage points.

Gross margin expansion

3.7pp

Operating margin expansion

5.2pp

EBITDA margin expansion

3.7pp

Net margin expansion

1.9pp

IEP Gross margin

Across the last 3 years, Icahn Enterprises L P's gross margin came to 14.09%. The current gross margin stands at 14.5%, 0.4 percentage points above its three-year average. Gross margin was highest at 17.4% in Dec 2025 and lowest at 8.2% in Mar 2025.

IEP Operating margin

Over the last 3 years, Icahn Enterprises L P's operating margin averaged -1.03%. At present, Icahn Enterprises L P's current operating margin is 0.5%, which is 1.5 percentage points above its three-year average. During this period, operating margin reached a high of 2% in Mar 2026 and a low of -7.3% in Mar 2025.

IEP EBITDA margin

Looking back over the last 3 years, Icahn Enterprises L P recorded an average EBITDA margin of 5.45%. Icahn Enterprises L P's current EBITDA margin is 5.8% and is 0.4 percentage points above its three-year average. The highest EBITDA margin for Icahn Enterprises L P was 8.2% in Dec 2025, while the lowest was 0.8% in Mar 2025.

IEP Net margin

Over the last 3 years, Icahn Enterprises L P's net margin averaged -5.1%. The current net margin of -5% is 0.1 percentage points above its three-year average. During this period, net margin reached a high of -3.1% in Dec 2025 and a low of -8.8% in Mar 2025.

IEP margin group comparison

Margins compared with peer-group, industry and sector averages

Icahn Enterprises L P's gross margin of 14.5% is lower than the Energy sector, the industry and its peers average. Looking at the Energy sector average of 42.5%, Icahn Enterprises L P's gross margin is 66% lower.

IEP margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Icahn Enterprises L P's gross margin?

As of Jun 30, 2026, IEP has a gross margin of 14.5%.

What is Icahn Enterprises L P's operating margin?

For the period ending Jun 30, 2026, IEP recorded an operating margin of 0.5%.

What is Icahn Enterprises L P's EBITDA margin?

The current EBITDA margin for IEP is 5.8% as of Jun 30, 2026.

What is Icahn Enterprises L P's net margin?

As of Jun 30, 2026, IEP has a net margin of -5%.

What are the average margins of IEP?

Over the last 3 years, Icahn Enterprises L P's margins averaged 14.1% gross, -1.0% operating, 5.5% EBITDA, and -5.1% net.

What are the highest historical margins of IEP?

Over this 5-year history, IEP peaked at 18% gross in Mar 2022, 4.1% operating in Dec 2022, 8.2% EBITDA in Dec 2025, and -1.3% net in Dec 2022.

What are the lowest historical margins of IEP?

Looking back across 5 years, IEP reached its lowest margins at 8.2% gross in Mar 2025, -7.3% operating in Mar 2025, 0.6% EBITDA in Jun 2023, and -8.8% net in Mar 2025.