Introduction: Diabetes mellitus (DM) greatly burdens health and economic status worldwide. One of the major sequels of DM is its effect on coronary artery disease (CAD) prevalence. DM-associated dyslipidemia is considered one of the hazardous comorbidities as it directly accelerates atherosclerosis, hypertension, and CAD. Aim of the study: This study aimed to assess the lipid profile status among T2DM patients from Iraq. Subjects and methods: The current study randomly selected 100 diabetic patients of equal sex distribution. All included patients were subjected to anthropometric measurements, blood glucose, and lipid profile assessments. Results: Among the studied patients, 76 patients were found to have dyslipidemia, while 23 did not show any disturbance in their lipid profiles. Diabetic patients with dyslipidemia had significantly higher BMI compared to the non-dyslipidemia group. There were statistically significant higher levels of PPBS, TG, TC, and LDL cholesterol in patients with diabetic dyslipidemia compared to the other group. Moreover, there were statistically significantly lower HDL cholesterol levels in patients with diabetic dyslipidemia compared to the non-dyslipidemia group. Conclusion: DM is directly related to increased serum triacylglycerols, total serum cholesterol, LDL cholesterol, and a decrease in HDL cholesterol.