Genesis Energy (GEL) Gross Margin (2017 - 2026)
Genesis Energy's (GEL) quarterly Gross Margin came in at 62.65% in Q2 2026, down 1285.0% year-over-year from 5.29% in Q2 2025, and down 8.72% quarter-over-quarter from 68.63% in Q1 2026.
Analysis
Genesis Energy (GEL) Gross Margin (2017 - 2026) Analysis & Trends
Genesis Energy has disclosed Gross Margin across 10 years of filings, most recently posting 62.65% for Q2 2026.
- In Q2 2026, Gross Margin fell 1285.0% year-over-year to 62.65%; the TTM figure through Jun 2026 stood at 68.88% (up 72.0% YoY), while the FY2025 annual figure was 72.28%, up 840.0% from the prior year.
- Gross Margin came in at 62.65% for Q2 2026 at Genesis Energy, down from 68.63% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 75.49% in Q2 2025 to a low of 28.6% in Q4 2023.
- Average Gross Margin over 5 years is 62.85%, with a median of 65.32% recorded in 2024.
- Year-over-year, Gross Margin slumped 3963 bps in 2023 and surged 3557 bps in 2024.
- Over 5 years, Gross Margin stood at 68.22% in 2022, then sank by 58 bps to 28.6% in 2023, then surged by 124 bps to 64.17% in 2024, then climbed by 14 bps to 73.46% in 2025, then declined by 15 bps to 62.65% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 62.65% in Q2 2026, 68.63% in Q1 2026, and 73.46% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 68.62% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 21.55% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 62.88% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 48.15% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.30% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 24.69% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 43.36% |
| 10 | Genesis Energy | 1.94 Bn | 1.90 Bn | 333.28 Mn | 62.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.65% |
| Mar 31, 2026 | 68.63% |
| Dec 31, 2025 | 73.46% |
| Sep 30, 2025 | 72.26% |
| Jun 30, 2025 | 75.49% |
| Mar 31, 2025 | 67.94% |
| Dec 31, 2024 | 64.17% |
| Sep 30, 2024 | 65.41% |
| Jun 30, 2024 | 63.00% |
| Mar 31, 2024 | 63.08% |
| Dec 31, 2023 | 28.60% |
| Sep 30, 2023 | 57.29% |
| Jun 30, 2023 | 53.69% |
| Mar 31, 2023 | 48.62% |
| Dec 31, 2022 | 68.22% |
| Sep 30, 2022 | 67.37% |
| Jun 30, 2022 | 65.23% |
| Mar 31, 2022 | 66.20% |
| Dec 31, 2021 | 62.53% |
| Sep 30, 2021 | 62.10% |