Icahn Enterprises (IEP) Net Margin (2010 - 2026)
Icahn Enterprises' (IEP) quarterly Net Margin came in at 25.52% in Q1 2026, up 345.0% YoY from 5.74% in Q1 2025, and down 1664.34% on a QoQ basis from 1.63% in Q4 2025.
Analysis
Icahn Enterprises (IEP) Net Margin (2010 - 2026) Analysis & Trends
Icahn Enterprises (IEP) has 10 years of Net Margin data on file, last reported at 25.52% in Q1 2026.
- Quarterly Net Margin rose 345.0% year-over-year to 25.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.3% (up 794.0% YoY) and the FY2025 annual result came in at 2.6%, up 132.0% from the prior year.
- Net Margin retreated to 25.52% in Q1 2026, from 1.63% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 17.75% in Q3 2025 to a low of 28.97% in Q1 2025.
- A 5-year average of 5.51% and a median of 3.55% in 2022 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 1416 bps in 2025, down 2792 bps in 2025.
- Tracing IEP's Net Margin over 5 years: stood at 6.1% in 2022, then gained by 21 bps to 4.79% in 2023, then soared by 83 bps to 0.81% in 2024, then surged by 301 bps to 1.63% in 2025, then sank by 1664 bps to 25.52% in 2026.
- The last three Net Margin figures came in at 25.52% (Q1 2026), 1.63% (Q4 2025), and 17.75% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 9.16% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 7.45% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 8.59% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 1.98% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 7.84% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 43.25% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | -12.59% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 4.41% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 1.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.59% |
| Mar 31, 2026 | -24.36% |
| Dec 31, 2025 | 3.60% |
| Sep 30, 2025 | 15.08% |
| Jun 30, 2025 | -8.48% |
| Mar 31, 2025 | -28.97% |
| Dec 31, 2024 | -0.74% |
| Sep 30, 2024 | 2.87% |
| Jun 30, 2024 | -20.50% |
| Mar 31, 2024 | -1.05% |
| Dec 31, 2023 | -5.14% |
| Sep 30, 2023 | -0.20% |
| Jun 30, 2023 | -9.84% |
| Mar 31, 2023 | -9.61% |
| Dec 31, 2022 | -7.82% |
| Sep 30, 2022 | -3.55% |
| Jun 30, 2022 | -3.29% |
| Mar 31, 2022 | 7.74% |
| Dec 31, 2021 | -20.91% |
| Sep 30, 2021 | -5.46% |