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Side-by-side financial comparison of BARRICK MINING CORP (B) and ICAHN ENTERPRISES L.P. (IEP). Click either name above to swap in a different company.

BARRICK MINING CORP is the larger business by last-quarter revenue ($3.7B vs $2.7B, roughly 1.4× ICAHN ENTERPRISES L.P.). BARRICK MINING CORP runs the higher net margin — 34.1% vs 0.0%, a 34.1% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 5.4%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

Icahn Enterprises L.P. is an American publicly traded master limited partnership and conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The company is controlled by Carl Icahn, who owns 86 percent of it.

B vs IEP — Head-to-Head

Bigger by revenue
B
B
1.4× larger
B
$3.7B
$2.7B
IEP
Growing faster (revenue YoY)
B
B
+11.1% gap
B
16.4%
5.4%
IEP
Higher net margin
B
B
34.1% more per $
B
34.1%
0.0%
IEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
B
B
IEP
IEP
Revenue
$3.7B
$2.7B
Net Profit
$1.3B
$1.0M
Gross Margin
49.0%
Operating Margin
38.5%
0.6%
Net Margin
34.1%
0.0%
Revenue YoY
16.4%
5.4%
Net Profit YoY
98.1%
101.0%
EPS (diluted)
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
B
B
IEP
IEP
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$3.7B
$2.4B
Q1 25
$1.9B
Q4 24
$2.6B
Q3 24
$2.8B
Q2 24
$3.2B
$2.2B
Q1 24
$2.5B
Net Profit
B
B
IEP
IEP
Q4 25
$1.0M
Q3 25
$287.0M
Q2 25
$1.3B
$-165.0M
Q1 25
$-422.0M
Q4 24
$-98.0M
Q3 24
$22.0M
Q2 24
$634.0M
$-331.0M
Q1 24
$-38.0M
Gross Margin
B
B
IEP
IEP
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
Q1 24
Operating Margin
B
B
IEP
IEP
Q4 25
0.6%
Q3 25
19.7%
Q2 25
38.5%
-10.4%
Q1 25
-35.0%
Q4 24
-5.2%
Q3 24
2.4%
Q2 24
34.5%
-21.9%
Q1 24
-0.8%
Net Margin
B
B
IEP
IEP
Q4 25
0.0%
Q3 25
10.5%
Q2 25
34.1%
-7.0%
Q1 25
-22.6%
Q4 24
-3.8%
Q3 24
0.8%
Q2 24
20.1%
-15.0%
Q1 24
-1.5%
EPS (diluted)
B
B
IEP
IEP
Q4 25
Q3 25
Q2 25
$0.47
Q1 25
Q4 24
Q3 24
Q2 24
$0.21
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
B
B
IEP
IEP
Cash + ST InvestmentsLiquidity on hand
$4.8B
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$33.4B
Total Assets
$47.3B
$14.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
IEP
IEP
Q4 25
$1.4B
Q3 25
$1.8B
Q2 25
$4.8B
$1.8B
Q1 25
$2.2B
Q4 24
$2.6B
Q3 24
$2.3B
Q2 24
$4.0B
$2.2B
Q1 24
$2.5B
Stockholders' Equity
B
B
IEP
IEP
Q4 25
Q3 25
Q2 25
$33.4B
Q1 25
Q4 24
Q3 24
Q2 24
$32.5B
Q1 24
Total Assets
B
B
IEP
IEP
Q4 25
$14.2B
Q3 25
$14.8B
Q2 25
$47.3B
$14.8B
Q1 25
$15.5B
Q4 24
$16.3B
Q3 24
$17.4B
Q2 24
$46.2B
$18.0B
Q1 24
$20.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
B
B
IEP
IEP
Operating Cash FlowLast quarter
$1.3B
$-421.0M
Free Cash FlowOCF − Capex
$-496.0M
FCF MarginFCF / Revenue
-18.4%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
1.06×
-421.00×
TTM Free Cash FlowTrailing 4 quarters
$-654.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
IEP
IEP
Q4 25
$-421.0M
Q3 25
$15.0M
Q2 25
$1.3B
$275.0M
Q1 25
$-182.0M
Q4 24
$244.0M
Q3 24
$-54.0M
Q2 24
$1.2B
$893.0M
Q1 24
$-251.0M
Free Cash Flow
B
B
IEP
IEP
Q4 25
$-496.0M
Q3 25
$-67.0M
Q2 25
$179.0M
Q1 25
$-270.0M
Q4 24
$156.0M
Q3 24
$-112.0M
Q2 24
$827.0M
Q1 24
$-319.0M
FCF Margin
B
B
IEP
IEP
Q4 25
-18.4%
Q3 25
-2.5%
Q2 25
7.6%
Q1 25
-14.5%
Q4 24
6.1%
Q3 24
-4.0%
Q2 24
37.6%
Q1 24
-12.9%
Capex Intensity
B
B
IEP
IEP
Q4 25
2.8%
Q3 25
3.0%
Q2 25
4.1%
Q1 25
4.7%
Q4 24
3.4%
Q3 24
2.1%
Q2 24
3.0%
Q1 24
2.8%
Cash Conversion
B
B
IEP
IEP
Q4 25
-421.00×
Q3 25
0.05×
Q2 25
1.06×
Q1 25
Q4 24
Q3 24
-2.45×
Q2 24
1.83×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

B
B

Segment breakdown not available.

IEP
IEP

Public Utilities Inventory Petroleum Products$1.6B61%
Other$381.0M14%
Automotive Services$345.0M13%
Nitrogen Fertilizer Products$131.0M5%
Food Packaging Segment$82.0M3%
Home Fashion Segment$45.0M2%
Renewable Products$32.0M1%
Pharma Segment$23.0M1%
Holding Company$11.0M0%

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