Genesis Energy LP (GEL) Financial Statements
Industry: Pipe Lines (No Natural Gas)
In fiscal 2025, Genesis Energy reported revenue of $1.63B, down 45.0% from $2.97B the year before. Net income was -$440.4M (a -27.0% net margin), or -$4.19 per diluted share. Gross margin was 15.8% and operating margin was 15.8%. Operating activities generated $252.8M of cash, leaving $65.9M of free cash flow. At fiscal year end, Genesis Energy held $4.86B in total assets against $4.15B in total liabilities, including $6.4M of cash and equivalents.
Open the full interactive Genesis Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Genesis Energy Key Stats
| Share Price | $14.50 |
|---|---|
| Market Cap | $1.78B |
| Revenue YoY Growth | -45.0% |
| 52-Week Range | $13.68 – $18.06 |
| Shares Outstanding | 122.4 million (basic, 2026 Q2) |
Genesis Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.82B | $2.13B | $2.79B | $3.18B | $2.97B | $1.63B |
| Cost of Goods Sold | $2.07B | $2.05B | $2.47B | $2.85B | $2.75B | $1.37B |
| Gross Profit | -$246.0M | $75.7M | $315.0M | $329.4M | $213.1M | $258.2M |
| Operating Income | -$246.0M | $75.7M | $315.0M | $329.4M | $213.1M | $258.2M |
| Pre-Tax Income | -$399.0M | -$163.4M | $78.6M | $117.7M | -$62.2M | $31.3M |
| Income Tax | $1.3M | $1.7M | $3.2M | -$19,000 | $1.8M | $806,000 |
| Net Income | -$416.7M | -$165.1M | $75.5M | $117.7M | -$63.9M | -$440.4M |
| Diluted EPS | — | -$1.96 | -$0.04 | $0.22 | -$1.24 | -$4.19 |
Genesis Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $414.0M | $440.8M | $446.6M | $532.0M |
| Net Income | $9.2M | $19.9M | $6.8M | $42.9M |
| Diluted EPS | -$0.05 | $0.16 | -$0.06 | $0.26 |
Genesis Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $21.3M | $20.0M | $7.9M | $9.2M | $10.7M | $6.4M |
| Current Assets | $580.2M | $542.5M | $853.0M | $964.0M | $911.7M | $687.5M |
| Total Assets | $5.93B | $5.91B | $6.37B | $7.02B | $7.04B | $4.86B |
| Current Liabilities | $383.4M | $496.9M | $709.1M | $967.4M | $858.8M | $699.7M |
| Total Long-Term Debt | $3.39B | $2.98B | $3.46B | $3.76B | $4.12B | $3.05B |
| Total Liabilities | $4.18B | $3.93B | $4.59B | $5.31B | $5.52B | $4.15B |
| Shareholders' Equity | $1.75B | $1.98B | $1.78B | $1.71B | $1.52B | $708.1M |
Genesis Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $296.7M | $338.0M | $334.4M | $521.1M | $391.9M | $252.8M |
| Cash From Investing | -$103.8M | -$274.1M | -$374.5M | -$593.6M | -$552.2M | $832.3M |
| Cash From Financing | -$222.4M | -$65.9M | $41.7M | $74.0M | $161.7M | -$1.11B |
| Free Cash Flow | $152.6M | $36.6M | -$89.8M | -$98.9M | -$195.2M | $65.9M |
Figures from Genesis Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Genesis Energy financials page for every line item.
Genesis Energy Company Profile
| Ticker | GEL |
|---|---|
| Exchange | NYSE |
| Industry | Pipe Lines (No Natural Gas) |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001022321 |
Frequently Asked Questions
What was Genesis Energy's revenue in fiscal 2025?
Genesis Energy (GEL) reported revenue of $1.63B for fiscal 2025.
What is Genesis Energy's annual revenue history?
Genesis Energy's annual revenue by fiscal year: 2020: $1.82B; 2021: $2.13B; 2022: $2.79B; 2023: $3.18B; 2024: $2.97B; 2025: $1.63B.
What was Genesis Energy's net income in fiscal 2025?
Genesis Energy reported net income of -$440.4M for fiscal 2025.
What was Genesis Energy's earnings per share (EPS) in fiscal 2025?
Genesis Energy's diluted EPS was -$4.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Genesis Energy generate in fiscal 2025?
Genesis Energy generated $65.9M of free cash flow in fiscal 2025.
What was Genesis Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Genesis Energy reported revenue of $532.0M.
How much debt does Genesis Energy have?
Genesis Energy reported $3.05B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Genesis Energy are outstanding?
Genesis Energy reported a weighted average of 122.4 million basic shares outstanding in 2026 Q2.
What is Genesis Energy's market cap?
Based on its latest closing price, Genesis Energy (GEL) has a market capitalization of about $1.78B.
When does Genesis Energy's fiscal year end?
Genesis Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Genesis Energy headquartered?
Genesis Energy lists its business address in Houston, Texas in its SEC filings.