Genesis Energy (GEL) Gross Margin (2017 - 2026)
Genesis Energy's Gross Margin was 62.65% in Q2 2026, down 12.85 percentage points from 75.49% a year earlier and down 5.98 percentage points from the prior quarter.
Genesis Energy (GEL) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Genesis Energy's Gross Margin was 68.88% through Jun 30, 2026, up 0.72 percentage points year-over-year; for FY2025, it came in at 72.28%, up 8.40 percentage points from FY2024.
- Gross Margin shows a five-year change of +25.56 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 63.88% in FY2024 (+0.89 pp), 62.98% in FY2023 (-3.79 pp), 66.77% in FY2022 (+4.22 pp) and 62.55% in FY2021 (+15.83 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q3 2023.
- Compared with a year earlier, Gross Margin was higher in six of the last seven quarters, with an average year-over-year change of +4.21 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 47.05 percentage points); the worst was Q4 2022 (a drop of 24.41 percentage points).
- Per Business Quant data, GEL's Gross Margin in the three quarters before Q2 2026 was 68.63% (Q1 2026), 73.46% (Q4 2025) and 72.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 22.85% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 21.55% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 68.62% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 98.16% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 48.15% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 87.77% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.30% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 92.34% |
| 10 | Genesis Energy | 1.72 Bn | 1.66 Bn | 333.28 Mn | 62.65% |
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% |
| 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 | 55.63% |
| Dec 31, 2021 | 92.63% |
| Sep 30, 2021 | 50.36% |
| Jun 30, 2021 | 48.92% |
Genesis Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();