IEP (Icahn Enterprises LP) Net Margin %: -18.57% (As of Mar. 2026)

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IEP Icahn Enterprises LP IEP
54 GF Score
Price $7.79
GF Value $7.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Icahn Enterprises LP Net Margin %?

Icahn Enterprises LP IEP +0.91% 54 Net Margin % is -18.57% as of Mar. 2026. GuruFocus rates IEP with a GF Score™ of 54/100 and a GF Value™ of $7.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 918 Oil & Gas companies, Icahn Enterprises LP ranks worse than 72.88% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Icahn Enterprises LP's Net Income for the three months ended in Mar. 2026 was $-459 Mil. Icahn Enterprises LP's Revenue for the three months ended in Mar. 2026 was $2,472 Mil. Therefore, Icahn Enterprises LP's net margin for the quarter that ended in Mar. 2026 was -18.57%.

The historical rank and industry rank for Icahn Enterprises LP's Net Margin % or its related term are showing as below:

IEP' s Net Margin % Range Over the Past 10 Years
Min: -22.27   Med: -4.61   Max: 24.42
Current: -3.5


IEP's Net Margin % is ranked worse than
72.88% of 918 companies
in the Oil & Gas industry
Industry Median: 3.505 vs IEP: -3.50

Icahn Enterprises LP  (NAS:IEP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Icahn Enterprises LP Net Margin % Related Terms


Icahn Enterprises LP Net Margin % Historical Data

* Premium members only.

The historical data trend for Icahn Enterprises LP's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Icahn Enterprises LP Net Margin % Chart

Icahn Enterprises LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.73 -1.30 -5.77 -4.49 -3.22

Icahn Enterprises LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.45 -7.13 11.55 0.04 -18.57

IEP vs PARR, DK, CVI: Net Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Icahn Enterprises LP's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Icahn Enterprises LP Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Icahn Enterprises LP's Net Margin % distribution charts can be found below:

* The bar in red indicates where Icahn Enterprises LP's Net Margin % falls into.


IEP
54GF Score
Icahn Enterprises LP IEP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icahn Enterprises LP Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Icahn Enterprises LP's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-299/9295
=-3.22 %

Icahn Enterprises LP's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-459/2472
=-18.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -18.57% mean?
Icahn Enterprises LP (IEP) has a Net Margin % of -18.57% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Icahn Enterprises LP and its competitors. According to the industry distribution chart, Icahn Enterprises LP ranks #669 out of 918 companies in the Oil & Gas industry, placing it in the top 72.9%.
Is Icahn Enterprises LP's Net Margin % too high?
Icahn Enterprises LP's current Net Margin % is -18.57%. Based on the distribution chart, Icahn Enterprises LP ranks #669 out of 918 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Icahn Enterprises LP has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Icahn Enterprises LP's Net Margin % compare to PARR and DK?
According to the Oil & Gas industry distribution chart, Icahn Enterprises LP ranks #669 out of 918 companies for Net Margin %. This places Icahn Enterprises LP in the lower half of its industry. The industry median Net Margin % is 3.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.51, based on 918 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Icahn Enterprises LP and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icahn Enterprises LP's current Net Margin % is -18.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icahn Enterprises LP stock overvalued right now?
Based on GuruFocus' analysis, Icahn Enterprises LP (IEP) is currently considered Fairly Valued. The stock's GF Value™ is $7.36, compared to a current price of $7.79 — trading 5.8% above its estimated fair value. The current Net Margin % is -18.57%. Icahn Enterprises LP's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Icahn Enterprises LP (IEP), the current Net Margin % is -18.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Icahn Enterprises LP (IEP) Overvalued in 2026?

Based on GuruFocus' analysis, Icahn Enterprises LP stock appears to be overvalued. The current stock price of $7.79 is trading 5.8% above its estimated GF Value™ of $7.36. GuruFocus considers Icahn Enterprises LP to be Fairly Valued.

Key valuation signals for IEP:

  • Net Margin %: -18.57%
  • GF Value™: $7.36 vs. price of $7.79 (5.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the IEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Icahn Enterprises LP Business Description

Industry EnergyOil & Gas
Address 16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160
Icahn Enterprises LP provides diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives the maximum revenue from the company. Geographically, it generates maximum revenue from the United States.
54GF Score

Get the complete analysis for IEP

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.79
Price
$7.36
GF Value