Icahn Enterprises (IEP) EBT Margin (2010 - 2026)
Icahn Enterprises (IEP) recorded EBT Margin of -12.53% in Q2 2026, down 2.14 percentage points from -10.38% a year earlier but up 13.95 percentage points from the prior quarter.
Icahn Enterprises (IEP) EBT Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Icahn Enterprises' EBT Margin came in at -4.10% as of Jun 30, 2026, up 5.84 percentage points year-over-year; for FY2025, it was -3.57%, up 2.09 percentage points from FY2024.
- Annual EBT Margin has a five-year change of +34.34 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -5.66% in FY2024 (+2.66 pp), -8.32% in FY2023 (-8.39 pp), 0.06% in FY2022 (+5.16 pp) and -5.10% in FY2021 (+32.82 pp).
- Quarterly EBT Margin has ranged from -41.51% in Q4 2021 to 24.02% in Q1 2022 over the past five years.
- On a year-over-year basis, EBT Margin rose in six of the last eight quarters, with an average year-over-year change of +0.96 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 26.90 percentage points in Q4 2022, against a drop of 37.58 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -26.48% (Q1 2026), 0.63% (Q4 2025) and 19.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 13.34% |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 11.62% |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 11.28% |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 10.53% |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 2.54% |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 11.56% |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 2.05% |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 5.43% |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | -12.53% |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 20.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.53% |
| Mar 31, 2026 | -26.48% |
| Dec 31, 2025 | 0.63% |
| Sep 30, 2025 | 19.74% |
| Jun 30, 2025 | -10.38% |
| Mar 31, 2025 | -32.67% |
| Dec 31, 2024 | -5.20% |
| Sep 30, 2024 | 2.40% |
| Jun 30, 2024 | -20.33% |
| Mar 31, 2024 | -0.77% |
| Dec 31, 2023 | -7.45% |
| Sep 30, 2023 | 2.19% |
| Jun 30, 2023 | -15.54% |
| Mar 31, 2023 | -13.56% |
| Dec 31, 2022 | -14.61% |
| Sep 30, 2022 | -6.52% |
| Jun 30, 2022 | -7.51% |
| Mar 31, 2022 | 24.02% |
| Dec 31, 2021 | -41.51% |
| Sep 30, 2021 | -8.66% |
Icahn Enterprises EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=IEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "IEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=IEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();