What is Genesis Energy, L.P.'s earnings per share (EPS)?

Genesis Energy, L.P. (GEL) reported diluted earnings per share of -$4.19 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Genesis Energy, L.P. (GEL) Financials

GEL

Trailing 12 months to June 30, 2026

Revenue $1.8B +16.6% YoY

Net Income $78.7M +114.7% YoY

EPS (Diluted) $0.19 +103.7% YoY

Free Cash Flow $339.6M +336.3% YoY

Market Cap $1.7B as of Oct 14, 2026

Price / Sales 0.9x on $1.8B revenue, trailing 12 months to June 30, 2026

Price / Earnings 22.1x on $78.7M net income, trailing 12 months to June 30, 2026

Price / Book 3.8x on $452.8M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GEL SEC filings page.

Genesis Energy, L.P. (GEL) reported $1.8B in revenue over the twelve months to Jun 30, 2026, up 16.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GEL FY2025 2026-10-03

FY2025 shows a debt-heavy infrastructure business where operating earnings improved, but leverage still dominates reported profitability and equity cushion.

Operating margin reached 15.8%, but net margin was -27.0%, showing that operating improvement did not reach the bottom line. The interest burden was $265M, roughly matching operating income of $258M.

In FY2024, capital expenditures of $587M exceeded operating cash flow of $392M. In FY2025, lower capital spending left free cash flow positive at $66M despite operating cash flow of $253M, making investment intensity—not operating cash generation—the key swing factor.

Debt-to-equity rose from 2.5x in FY2024 to 4.3x in FY2025, indicating leverage increased relative to owners’ capital. Equity fell from $1.52B to $708M, so the ratio worsened mainly because the equity base contracted.

Financial Health Signals

Financial Health Score 33/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Genesis Energy, L.P.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Genesis Energy, L.P. has an operating margin of 15.8%, meaning the company retains $16 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is up from 10.2% the prior year.

Growth

Genesis Energy, L.P.'s revenue declined 1.8% year-over-year, from $1.7B to $1.6B. This contraction results in a growth score of 39/100.

Leverage

Genesis Energy, L.P. has elevated debt relative to equity (D/E of 4.30), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 5/100, reflecting increased financial risk.

Liquidity

Genesis Energy, L.P.'s current ratio of 0.98 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Genesis Energy, L.P.'s free cash flow margin of 4.0% results in a low score of 20/100. Capital expenditures of $186.9M absorb a large share of operating cash flow.

Returns

Genesis Energy, L.P. posts a -62.2% return on equity (ROE), meaning it loses $62 for every $100 of shareholders' equity. This results in a returns score of 44/100. This is down from -4.2% the prior year.

Piotroski F-Score Partial

3/7

Genesis Energy, L.P. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

N/A

Genesis Energy, L.P. reported a net loss of $440.4M while generating $252.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

0.98x

Genesis Energy, L.P. earns $0.98 in operating income for every $1 of interest expense ($258.2M vs $264.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$532.0M

YoY+41.0%

QoQ+19.1%

Genesis Energy, L.P. generated $532.0M in revenue in Q2 2026. This represents an increase of 41.0% from the same quarter a year earlier. Against the prior quarter it is up 19.1%.

EBITDA

$170.8M

YoY+34.8%

QoQ+26.0%

Genesis Energy, L.P.'s EBITDA was $170.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 34.8% from the same quarter a year earlier. Against the prior quarter it is up 26.0%.

Net Income

$42.9M

YoY+10655.9%

QoQ+530.3%

Genesis Energy, L.P. reported $42.9M in net income in Q2 2026. This represents an increase of 10655.9% from the same quarter a year earlier. Against the prior quarter it is up 530.3%.

EPS (Diluted)

$0.26

QoQ+533.3%

Genesis Energy, L.P. earned $0.26 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 533.3%.

Cash & Balance Sheet

Free Cash Flow

$153.7M

YoY+2125.2%

QoQ+176.0%

5Y CAGR+31.6%

Genesis Energy, L.P. generated $153.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 2125.2% from the same quarter a year earlier. Against the prior quarter it is up 176.0%.

Cash & Debt

$39.3M

YoY+781.9%

QoQ+832.6%

5Y CAGR+10.2%

10Y CAGR+16.5%

Genesis Energy, L.P. held $39.3M in cash against $3.1B in long-term debt as of Q2 2026.

Shares Outstanding

Diluted avg 122M

Genesis Energy, L.P. had a weighted average of 122M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

19.8%

YoY+1.9pp

QoQ+2.7pp

Genesis Energy, L.P.'s operating margin was 19.8% in Q2 2026, reflecting core business profitability. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.7 percentage points.

Net Margin

8.1%

YoY+8.2pp

QoQ+6.5pp

Genesis Energy, L.P.'s net profit margin was 8.1% in Q2 2026, showing the share of revenue converted to profit. This is up 8.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.5 percentage points.

Return on Equity

9.5%

YoY+9.5pp

QoQ+8.2pp

Genesis Energy, L.P.'s ROE was 9.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 9.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.2 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$27.1M

YoY-50.4%

QoQ+3.9%

5Y CAGR-17.8%

10Y CAGR-14.5%

Genesis Energy, L.P. invested $27.1M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 50.4% from the same quarter a year earlier. Against the prior quarter it is up 3.9%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

GEL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GEL quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.8B	$1.6B-1.8%	$1.7B-3.5%	$1.7B-38.3%	$2.8B+31.2%	$2.1B+16.5%	$1.8B-26.4%	$2.5B-14.8%	$2.9B+43.6%	$2.0B+18.4%	$1.7B-23.8%	$2.2B-41.6%	$3.8B-7.0%	$4.1B+22.8%	$3.4B+38.1%	$2.4B
SG&A Expenses	$67.9M	$86.3M+48.0%	$58.3M-9.6%	$64.6M-3.1%	$66.6M+8.8%	$61.2M+7.5%	$56.9M+8.0%	$52.7M-21.2%	$66.9M+0.7%	$66.4M+45.6%	$45.6M-29.8%	$65.0M+28.2%	$50.7M+8.3%	$46.8M+11.8%	$41.8M+23.6%	$33.9M
Operating Income	$350.6M	$258.2M+51.9%	$170.0M-17.1%	$205.1M-34.9%	$315.0M+316.2%	$75.7M+130.8%	-$246.0M-190.2%	$272.7M+60.2%	$170.2M-22.8%	$220.6M+6.8%	$206.4M+31.6%	$156.9M+18.3%	$132.6M+19.7%	$110.8M-3.4%	$114.7M+38.9%	$82.6M
EBITDA	N/A	$509.1M+5.4%	$483.1M-0.5%	$485.3M-20.6%	$611.2M+58.6%	$385.4M+680.8%	$49.4M-91.7%	$592.5M+22.6%	$483.4M+2.2%	$473.0M+10.4%	$428.6M+39.6%	$307.0M+37.4%	$223.5M+27.3%	$175.5M-0.2%	$175.9M+21.5%	$144.7M
Interest Expense	-$260.6M	-$264.7M+7.8%	-$287.2M-17.4%	-$244.7M-8.2%	-$226.2M+3.2%	-$233.7M-11.4%	-$209.8M+4.4%	-$219.4M+4.3%	-$229.2M-29.7%	-$176.8M-26.3%	-$139.9M-39.1%	-$100.6M-51.0%	-$66.6M-37.2%	-$48.6M-218.7%	$40.9M+14.4%	$35.8M
Income Tax	$638K	$806K-54.5%	$1.8M+288.2%	$456K-85.6%	$3.2M+89.8%	$1.7M+25.8%	$1.3M+102.6%	$655K-56.3%	$1.5M+137.8%	-$4.0M-218.5%	$3.3M-16.2%	$4.0M+40.1%	$2.8M+236.7%	$845K+109.2%	-$9.2M-656.4%	-$1.2M
Net Income	$78.7M	-$440.4M-588.7%	-$63.9M-154.3%	$117.7M+56.0%	$75.5M+145.7%	-$165.1M+60.4%	-$416.7M-534.0%	$96.0M+1680.2%	-$6.1M-107.4%	$82.6M-27.0%	$113.2M-73.2%	$422.5M+297.9%	$106.2M+23.3%	$86.1M-10.6%	$96.3M+87.9%	$51.2M
EPS (Basic)	N/A	-$4.19-237.9%	-$1.24-663.6%	$0.22+650.0%	-$0.04+98.0%	-$1.96+51.1%	-$4.01-2327.8%	$0.18	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$0.19	-$4.19	-$1.24	$0.22+650.0%	-$0.04+98.0%	-$1.96+51.1%	-$4.01	$0.18	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	122M	122M	123M0.0%	123M0.0%	123M0.0%	123M	123M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$532.0M+41.0%	$446.6M+12.1%	$440.8M+10.5%	$414.0M+4.2%	$377.3M-12.3%	$398.3M-8.3%	$398.9M	$397.3M-50.8%
SG&A Expenses	$19.4M+31.9%	$17.5M-56.9%	$15.7M+48.7%	$15.3M+3.3%	$14.7M-19.4%	$40.6M+176.5%	$10.5M	$14.8M-11.8%
Operating Income	$105.4M+55.7%	$76.6M+248.7%	$89.9M+563.8%	$78.6M+61.8%	$67.7M+36.0%	$22.0M-62.2%	$13.5M	$48.6M-56.5%
EBITDA	$170.8M+34.8%	$135.5M+39.7%	$147.1M+57.3%	$138.3M+6.1%	$126.7M-0.5%	$97.0M-26.4%	$93.5M	$130.4M-27.6%
Interest Expense	$67.0M+10.2%	$68.0M-2.9%	-$461.9M+3.7%	$66.4M+1.1%	$60.8M-5.9%	$70.0M+12.4%	-$479.8M	$65.7M+206.6%
Income Tax	$209K-39.4%	$112K-22.2%	$64K-96.5%	$253K+128.8%	$345K+3236.4%	$144K-82.2%	$1.9M	-$879K-253.1%
Net Income	$42.9M+10655.9%	$6.8M+101.4%	$19.9M+140.2%	$9.2M+153.6%	-$406K+95.4%	-$469.1M-4231.7%	-$49.4M	-$17.2M-129.6%
EPS (Basic)	$0.26+316.7%	-$0.06+98.5%	$0.04+106.9%	-$0.05+84.4%	-$0.12+52.0%	-$4.06-4411.1%	-$0.58-625.0%	-$0.32-210.3%
EPS (Diluted)	$0.26	-$0.06+98.5%	$0.04	-$0.05+84.4%	-$0.12	-$4.06-4411.1%	-$0.58-625.0%	-$0.32
Diluted Shares (Avg)	122M	122M0.0%	N/A	122M0.0%	122M	122M0.0%	N/A	122M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

GEL Balance Sheet

GEL quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$4.9B-30.9%	$7.0B+0.3%	$7.0B+10.3%	$6.4B+7.8%	$5.9B-0.5%	$5.9B-10.1%	$6.6B+1.8%	$6.5B-9.2%	$7.1B+25.2%	$5.7B+4.5%	$5.5B+70.0%	$3.2B+12.7%	$2.8B+35.0%	$2.1B+21.9%	$1.7B
Current Assets	$687.5M-24.6%	$911.7M-5.4%	$964.0M+13.0%	$853.0M+57.2%	$542.5M-6.5%	$580.2M-2.2%	$593.1M+33.8%	$443.3M-30.3%	$636.0M+76.9%	$359.6M+17.4%	$306.3M-13.8%	$355.4M-33.6%	$535.2M+32.5%	$404.0M+7.4%	$376.1M
Cash & Equivalents	$6.4M-12.4%	$7.4M-20.4%	$9.2M+16.4%	$7.9M-60.3%	$20.0M-6.1%	$21.3M-26.9%	$29.1M+182.8%	$10.3M+13.9%	$9.0M+28.6%	$7.0M-35.5%	$10.9M+15.1%	$9.5M+6.7%	$8.9M-21.4%	$11.3M+4.3%	$10.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$55.4M+46.5%	$37.8M-72.1%	$135.2M+73.1%	$78.1M+0.2%	$78.0M-21.9%	$99.9M+53.3%	$65.1M-11.4%	$73.5M-17.1%	$88.7M-10.1%	$98.6M+125.2%	$43.8M-6.5%	$46.8M-45.1%	$85.3M-2.0%	$87.0M-13.9%	$101.1M
Accounts Receivable	$608.2M+26.8%	$479.5M-36.9%	$759.5M+5.3%	$721.6M+80.2%	$400.3M+2.0%	$392.5M-5.9%	$417.0M+28.9%	$323.5M-34.7%	$495.4M+120.5%	$224.7M+2.3%	$219.5M-19.1%	$271.5M-26.2%	$368.0M+35.8%	$270.9M+13.8%	$238.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M-7.1%	$325.0M0.0%	$325.0M0.0%	$325.0M0.0%	$325.0M0.0%	$325.0M0.0%	$325.0M0.0%	$325.0M
Total Liabilities	$4.2B-24.8%	$5.5B+4.0%	$5.3B+15.6%	$4.6B+16.9%	$3.9B-6.2%	$4.2B-1.6%	$4.3B+5.3%	$4.0B-8.7%	$4.4B+23.5%	$3.6B+4.2%	$3.4B+73.6%	$2.0B+12.3%	$1.8B+47.9%	$1.2B+27.2%	$938.2M
Current Liabilities	$699.7M-18.5%	$858.8M-11.2%	$967.4M+36.4%	$709.1M+42.7%	$496.9M+29.6%	$383.4M-7.7%	$415.5M+24.8%	$332.8M-27.1%	$456.3M+74.9%	$260.8M-13.7%	$302.1M-16.8%	$363.1M-18.7%	$446.6M+42.8%	$312.7M+25.3%	$249.4M
Non-Current Liabilities	$3.5B-26.0%	$4.7B+7.4%	$4.3B+11.8%	$3.9B+13.2%	$3.4B-9.8%	$3.8B-0.9%	$3.8B+3.5%	$3.7B-6.6%	$4.0B+19.4%	$3.3B+5.9%	$3.1B+93.8%	$1.6B+22.8%	$1.3B+49.7%	$880.5M+27.8%	$688.8M
Long-Term Debt	$3.0B-18.3%	$3.7B-1.0%	$3.8B+8.7%	$3.5B+16.3%	$3.0B-12.2%	$3.4B-1.0%	$3.4B-0.1%	$3.4B-7.2%	$3.7B+19.6%	$3.1B+5.8%	$2.9B+84.8%	$1.6B+23.2%	$1.3B+50.8%	$850.9M+29.1%	$659.3M
Total Equity	$708.1M-53.3%	$1.5B-11.4%	$1.7B-3.6%	$1.8B-10.3%	$2.0B+13.1%	$1.8B-25.4%	$2.3B-3.9%	$2.4B-10.0%	$2.7B+28.0%	$2.1B+4.9%	$2.0B+64.4%	$1.2B+13.4%	$1.1B+18.3%	$916.5M+15.6%	$792.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$5.4B+11.9%	$4.8B-7.2%	$4.9B-30.9%	$4.9B-31.0%	$4.8B-30.4%	$5.2B-25.0%	$7.0B+0.3%	$7.1B+1.7%
Current Assets	$1.3B+121.2%	$702.8M-25.0%	$687.5M-24.6%	$652.0M-29.5%	$587.3M-32.2%	$937.3M+6.5%	$911.7M-5.4%	$925.3M-15.2%
Cash & Equivalents	$39.3M+781.9%	$4.2M-98.9%	$6.4M-12.4%	$4.9M-62.1%	$4.5M-67.5%	$377.4M+5254.9%	$7.4M-20.4%	$13.0M-38.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$38.6M-33.7%	$39.2M+3.0%	$55.4M+46.5%	$49.2M-55.5%	$58.2M-45.3%	$38.1M-69.9%	$37.8M-72.1%	$110.7M-12.8%
Accounts Receivable	$1.2B+138.1%	$628.6M+26.2%	$608.2M+26.8%	$577.5M-22.5%	$499.6M-27.4%	$498.2M-25.5%	$479.5M-36.9%	$745.6M-14.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%	$302.0M0.0%
Total Liabilities	$5.0B+20.4%	$4.3B-3.8%	$4.2B-24.8%	$4.2B-23.8%	$4.1B-22.3%	$4.5B-14.9%	$5.5B+4.0%	$5.5B+5.3%
Current Liabilities	$1.4B+125.0%	$720.7M+13.9%	$699.7M-18.5%	$673.2M-24.9%	$621.9M-21.7%	$633.0M-24.2%	$858.8M-11.2%	$897.0M-12.4%
Non-Current Liabilities	$3.6B+1.8%	$3.6B-6.7%	$3.5B-26.0%	$3.5B-23.6%	$3.5B-22.5%	$3.8B-13.2%	$4.7B+7.4%	$4.6B+9.7%
Long-Term Debt	$3.1B-0.1%	$3.2B-7.6%	$3.0B-18.3%	$3.1B-23.0%	$3.1B-21.3%	$3.4B-10.6%	$3.7B-1.0%	$4.0B+11.3%
Total Equity	$452.8M-36.9%	$535.5M-27.6%	$708.1M-53.3%	$708.2M-55.6%	$717.4M-56.4%	$740.1M-56.2%	$1.5B-11.4%	$1.6B-9.0%

Not reported in any period shown, so not listed: Retained Earnings.

GEL Cash Flow Statement

GEL quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$443.5M	$252.8M-35.5%	$391.9M-24.8%	$521.1M+55.8%	$334.4M-1.1%	$338.0M+13.9%	$296.7M-22.4%	$382.3M-2.0%	$390.0M+20.5%	$323.6M+14.4%	$282.8M-2.3%	$289.5M-0.5%	$291.1M+110.3%	$138.4M-26.9%	$189.3M+224.7%	$58.3M
Depreciation & Amortization	N/A	$250.9M-19.9%	$313.2M+11.8%	$280.2M-5.4%	$296.2M-4.4%	$309.7M+4.9%	$295.3M-7.7%	$319.8M+2.1%	$313.2M+24.0%	$252.5M+13.6%	$222.2M+48.0%	$150.1M+65.2%	$90.9M+40.3%	$64.8M+5.9%	$61.1M-1.6%	$62.2M
Stock-Based Compensation	N/A	$15.3M+191.4%	$5.2M-79.4%	$25.4M+42.5%	$17.8M+102.8%	$8.8M+337.8%	-$3.7M-143.5%	$8.5M+115.6%	$3.9M+168.2%	-$5.8M-188.1%	$6.6M+30.8%	$5.0M+11.6%	$4.5M-64.0%	$12.5M+73.3%	$7.2M+48080.0%	-$15K
Capital Expenditures	$103.9M	$186.9M-68.2%	$587.1M-5.3%	$620.0M+46.2%	$424.2M+40.7%	$301.4M+109.1%	$144.1M-11.7%	$163.2M-16.4%	$195.4M-22.0%	$250.6M-45.9%	$463.1M-6.6%	$495.8M+11.8%	$443.5M+29.3%	$343.1M+134.3%	$146.5M+423.2%	$28.0M
Free Cash Flow	$339.6M	$65.9M+133.8%	-$195.2M-97.4%	-$98.9M-10.1%	-$89.8M-345.7%	$36.6M-76.0%	$152.6M-30.3%	$219.0M+12.5%	$194.7M+166.8%	$73.0M+140.5%	-$180.3M+12.6%	-$206.2M-35.3%	-$152.4M+25.5%	-$204.7M-577.8%	$42.8M+41.3%	$30.3M
Investing Cash Flow	-$86.0M	$832.3M+250.7%	-$552.2M+7.0%	-$593.6M-58.5%	-$374.5M-36.6%	-$274.1M-164.2%	-$103.8M+26.3%	-$140.8M-200.1%	$140.7M+109.6%	-$1.5B-235.7%	-$434.7M+78.1%	-$2.0B-218.8%	-$624.0M+4.9%	-$655.8M-63.3%	-$401.6M-133.1%	-$172.3M
Financing Cash Flow	-$317.8M	-$1.1B-785.2%	$161.7M+118.6%	$74.0M+77.4%	$41.7M+163.3%	-$65.9M+70.4%	-$222.4M-13.8%	-$195.4M+63.1%	-$529.5M-146.5%	$1.1B+668.4%	$148.1M-91.3%	$1.7B+410.1%	$333.5M-35.2%	$515.0M+142.1%	$212.8M+78.7%	$119.0M
Share Buybacks	N/A	$0	$0-100.0%	$1.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$180.7M+284.7%	$81.7M+229.5%	$110.8M+49.8%	$70.3M-19.6%	$47.0M-55.1%	$24.8M-80.3%	$74.0M-40.7%	$87.3M-38.1%
Depreciation & Amortization	$65.3M+10.7%	$58.9M-21.5%	$62.9M-21.3%	$59.7M-27.0%	$59.0M-24.0%	$75.0M+1.7%	$79.9M+13.8%	$81.8M+19.7%
Stock-Based Compensation	N/A	-$137K-105.5%	N/A	N/A	N/A	$2.5M-42.4%	N/A	N/A
Capital Expenditures	$27.1M-50.4%	$26.1M-68.1%	$23.8M-80.4%	$27.0M-77.5%	$54.6M-68.3%	$81.6M-53.2%	$121.1M-46.0%	$119.6M-19.4%
Free Cash Flow	$153.7M+2125.2%	$55.7M+198.1%	$87.0M+284.8%	$43.3M+233.9%	-$7.6M+88.8%	-$56.8M-17.6%	-$47.1M+52.7%	-$32.3M-338.9%
Investing Cash Flow	-$22.0M+54.4%	-$23.1M-102.5%	-$19.6M+83.1%	-$21.3M+81.0%	-$48.2M+69.4%	$921.3M+652.7%	-$115.8M+46.8%	-$112.3M+22.1%
Financing Cash Flow	-$118.7M+68.1%	-$60.8M+89.8%	-$89.7M-326.6%	-$48.5M-299.7%	-$371.7M-839.5%	-$598.3M-1357.0%	$39.6M-51.1%	$24.3M+89.4%
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0	N/A

Not reported in any period shown, so not listed: Dividends Paid.

GEL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GEL quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	15.8%+5.6pp	10.2%-1.7pp	11.9%+0.6pp	11.3%+7.7pp	3.6%+17.0pp	-13.5%-24.5pp	11.0%+5.1pp	5.8%-5.0pp	10.9%-1.2pp	12.0%+5.1pp	7.0%+3.5pp	3.5%+0.8pp	2.7%-0.7pp	3.4%0.0pp	3.4%
Net Margin	-27.0%-23.2pp	-3.9%-10.7pp	6.8%+4.1pp	2.7%+10.5pp	-7.8%+15.1pp	-22.8%-26.7pp	3.9%+4.1pp	-0.2%-4.3pp	4.1%-2.5pp	6.6%-12.2pp	18.8%+16.0pp	2.8%+0.7pp	2.1%-0.8pp	2.9%+0.8pp	2.1%
Return on Equity	-62.2%-58.0pp	-4.2%-11.1pp	6.9%+2.6pp	4.3%+12.6pp	-8.3%+15.5pp	-23.8%-27.9pp	4.1%+4.3pp	-0.3%-3.3pp	3.0%-2.3pp	5.3%-15.6pp	20.9%+12.3pp	8.6%+0.7pp	7.9%-2.6pp	10.5%+4.0pp	6.5%
Return on Assets	-9.1%-8.2pp	-0.9%-2.6pp	1.7%+0.5pp	1.2%+4.0pp	-2.8%+4.2pp	-7.0%-8.5pp	1.5%+1.6pp	-0.1%-1.3pp	1.2%-0.8pp	2.0%-5.8pp	7.7%+4.4pp	3.3%+0.3pp	3.0%-1.5pp	4.6%+1.6pp	3.0%
Current Ratio	0.98-0.1x	1.06+0.1x	1.00-0.2x	1.20+0.1x	1.09-0.4x	1.51+0.1x	1.43+0.1x	1.33-0.1x	1.390.0x	1.38+0.4x	1.010.0x	0.98-0.2x	1.20-0.1x	1.29-0.2x	1.51
Debt-to-Equity	4.30+1.8x	2.46+0.3x	2.20+0.2x	1.95+0.4x	1.50-0.4x	1.94+0.5x	1.46+0.1x	1.410.0x	1.36-0.1x	1.460.0x	1.45+0.2x	1.29+0.1x	1.18+0.3x	0.93+0.1x	0.83
Asset Turnover	0.34+0.1x	0.240.0x	0.25-0.2x	0.44+0.1x	0.36+0.1x	0.31-0.1x	0.38-0.1x	0.45+0.2x	0.280.0x	0.30-0.1x	0.41-0.8x	1.20-0.3x	1.45-0.1x	1.60+0.2x	1.41
FCF Margin	4.0%+15.8pp	-11.8%-6.0pp	-5.8%-2.5pp	-3.2%-4.9pp	1.7%-6.6pp	8.4%-0.5pp	8.8%+2.2pp	6.7%+3.1pp	3.6%+14.1pp	-10.5%-1.3pp	-9.2%-5.2pp	-4.0%+1.0pp	-5.0%-6.2pp	1.3%0.0pp	1.2%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	19.8%+1.9pp	17.2%+11.6pp	20.4%+17.0pp	19.0%+6.7pp	17.9%+6.4pp	5.5%-7.8pp	3.4%	12.2%-1.6pp
Net Margin	8.1%+8.2pp	1.5%	4.5%+16.9pp	2.2%+6.5pp	-0.1%+1.9pp	-117.8%	-12.4%	-4.3%-11.5pp
Return on Equity	9.5%+9.5pp	1.3%+64.7pp	2.8%+6.1pp	1.3%+2.4pp	-0.1%+0.5pp	-63.4%-64.1pp	-3.3%	-1.1%-4.4pp
Return on Assets	0.8%+0.8pp	0.1%+9.1pp	0.4%+1.1pp	0.2%+0.4pp	0.0%+0.1pp	-9.0%-9.2pp	-0.7%	-0.2%-1.1pp
Current Ratio	0.930.0x	0.98-0.5x	0.98-0.1x	0.97-0.1x	0.94-0.1x	1.48+0.4x	1.06+0.1x	1.030.0x
Debt-to-Equity	6.86+2.5x	5.93+1.3x	4.30+1.8x	4.37+1.9x	4.33+1.9x	4.65+2.4x	2.46+0.3x	2.52+0.5x
Asset Turnover	0.100.0x	0.090.0x	0.090.0x	0.090.0x	0.080.0x	0.080.0x	0.06	0.06-0.1x
FCF Margin	28.9%+30.9pp	12.5%+26.7pp	19.7%+31.5pp	10.5%+18.6pp	-2.0%+13.7pp	-14.2%-3.1pp	-11.8%	-8.1%-7.2pp

Not reported in any period shown, so not listed: Gross Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Genesis Energy, L.P. GEL	FY2025	$1.6B	-$440.4M	-27.0%	$1.7B	33/100
TORM plc TRMD	FY2025	$1.3B	$286.0M	21.3%	$4.2B	37/100
International Seaways, Inc. INSW	FY2025	$843.3M	$309.3M	36.7%	$6.2B	50/100
Kinetik Holdings Inc. KNTK	FY2025	$1.8B	$525.9M	29.8%	$4.4B	47/100
Scorpio Tankers Inc. STNG	FY2025	$938.2M	$344.3M	36.7%	$4.4B	32/100
Excelerate Energy, Inc. EE	FY2025	$1.2B	$167.0M	13.6%	$1.1B	52/100

Where Genesis Energy, L.P. Ranks

Frequently Asked Questions

What is Genesis Energy, L.P.'s annual revenue?

Genesis Energy, L.P. (GEL) reported $1.6B in total revenue for fiscal year 2025. This represents a -1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Genesis Energy, L.P.'s revenue growing?

Genesis Energy, L.P. (GEL) revenue declined by 1.8% year-over-year, from $1.7B to $1.6B in fiscal year 2025.

Is Genesis Energy, L.P. profitable?

No, Genesis Energy, L.P. (GEL) reported a net income of -$440.4M in fiscal year 2025, with a net profit margin of -27.0%.

What is Genesis Energy, L.P.'s EBITDA?

Genesis Energy, L.P. (GEL) had EBITDA of $509.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Genesis Energy, L.P. have?

As of fiscal year 2025, Genesis Energy, L.P. (GEL) had $6.4M in cash and equivalents against $3.0B in long-term debt.

What is Genesis Energy, L.P.'s operating margin?

Genesis Energy, L.P. (GEL) had an operating margin of 15.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Genesis Energy, L.P.'s net profit margin?

Genesis Energy, L.P. (GEL) had a net profit margin of -27.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Genesis Energy, L.P.'s return on equity (ROE)?

Genesis Energy, L.P. (GEL) has a return on equity of -62.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Genesis Energy, L.P.'s free cash flow?

Genesis Energy, L.P. (GEL) generated $65.9M in free cash flow during fiscal year 2025. This represents a 133.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Genesis Energy, L.P.'s operating cash flow?

Genesis Energy, L.P. (GEL) generated $252.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Genesis Energy, L.P.'s total assets?

Genesis Energy, L.P. (GEL) had $4.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Genesis Energy, L.P.'s capital expenditures?

Genesis Energy, L.P. (GEL) invested $186.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Genesis Energy, L.P.'s current ratio?

Genesis Energy, L.P. (GEL) had a current ratio of 0.98 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Genesis Energy, L.P.'s debt-to-equity ratio?

Genesis Energy, L.P. (GEL) had a debt-to-equity ratio of 4.30 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Genesis Energy, L.P.'s return on assets (ROA)?

Genesis Energy, L.P. (GEL) had a return on assets of -9.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Genesis Energy, L.P.'s P/E ratio?

Genesis Energy, L.P. (GEL) trades at 22.1x earnings, its market capitalization divided by net income of $78.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.7B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Genesis Energy, L.P.'s price-to-sales ratio?

Genesis Energy, L.P. (GEL) trades at 0.9x sales, its market capitalization divided by revenue of $1.8B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.7B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Genesis Energy, L.P.'s Piotroski F-Score?

Genesis Energy, L.P. (GEL) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Genesis Energy, L.P.'s earnings high quality?

Genesis Energy, L.P. (GEL) reported a net loss of $440.4M while generating $252.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Genesis Energy, L.P. cover its interest payments?

Genesis Energy, L.P. (GEL) has an interest coverage ratio of 0.98x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Genesis Energy, L.P.?

Genesis Energy, L.P. (GEL) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.