Genesis Energy (GEL) Gross Margin (2011 - 2026)
Genesis Energy's (GEL) quarterly Gross Margin came in at 90.33% in Q1 2026, down 967.0% year-on-year from 10.42% in Q1 2025, and up 3652.65% quarter-over-quarter from 2.54% in Q4 2025.
Genesis Energy (GEL) Gross Margin (2011 - 2026) Analysis & Trends
Genesis Energy has disclosed Gross Margin across 12 years of filings, most recently posting 90.33% for Q1 2026.
- Gross Margin for Q1 2026 came in at 90.33%, down 967.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 66.93% (down 1467.0% YoY), and the FY2025 annual result was 72.28%, down 1152.0% from the prior year.
- Gross Margin came in at 90.33% for Q1 2026 at Genesis Energy, up from 2.54% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2024 to a low of 2.54% in Q4 2025.
- The 5-year median for Gross Margin is 90.33% (2026), against an average of 75.11%.
- Across the five-year window, Gross Margin slumped 8589 bps in 2022 and jumped 3692 bps in 2025, its largest moves.
- Genesis Energy's Gross Margin stood at 58.58% in 2022, then plunged by 47 bps to 31.1% in 2023, then rose by 5 bps to 32.54% in 2024, then plunged by 108 bps to 2.54% in 2025, then soared by 3653 bps to 90.33% in 2026.
- The last three Gross Margin figures came in at 90.33% (Q1 2026), 2.54% (Q4 2025), and 85.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Genesis Energy | 1.88 Bn | 1.87 Bn | 403.39 Mn | 90.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 90.33% |
| Dec 31, 2025 | -2.54% |
| Sep 30, 2025 | 85.49% |
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 32.54% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 93.05% |
| Mar 31, 2024 | 63.08% |
| Dec 31, 2023 | 31.10% |
| Sep 30, 2023 | 78.81% |
| Jun 30, 2023 | 97.78% |
| Mar 31, 2023 | 97.08% |
| Dec 31, 2022 | 58.58% |
| Sep 30, 2022 | 91.25% |
| Jun 30, 2022 | 91.84% |
| Mar 31, 2022 | 68.41% |
| Dec 31, 2021 | 144.47% |
| Sep 30, 2021 | 96.96% |
| Jun 30, 2021 | 75.25% |