Genesis Energy (GEL) Tax Rate (2010 - 2026)
Genesis Energy's Tax Rate came in at 0.37% for Q2 2026, down 2.96 percentage points from 3.33% a year earlier and down 0.21 percentage points from the prior quarter.
Genesis Energy (GEL) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Genesis Energy reported Tax Rate of 0.48%, up 2.23 percentage points year-over-year; for FY2025, it was 2.57%, up 6.19 percentage points from FY2024.
- Tax Rate carries a five-year change of +2.91 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -3.61% in FY2024 (-4.57 pp), 0.96% in FY2023 (-1.44 pp), 2.40% in FY2022 (+3.62 pp) and -1.22% in FY2021 (-0.89 pp).
- The five-year range for quarterly Tax Rate is -3.58% (Q4 2024) to 20.69% (Q1 2023).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -0.90 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2024 (a gain of 15.27 percentage points), and the weakest in Q3 2025 (a drop of 15.03 percentage points).
- Business Quant data shows GEL's Tax Rate at 0.58% (Q1 2026), 0.19% (Q4 2025) and 1.10% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 21.97% |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 0.64% |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 7.12% |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 23.33% |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 22.61% |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 0.18% |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 9.13% |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 23.62% |
| 10 | Genesis Energy | 1.68 Bn | 1.62 Bn | 333.28 Mn | 0.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37% |
| Mar 31, 2026 | 0.58% |
| Dec 31, 2025 | 0.19% |
| Sep 30, 2025 | 1.10% |
| Jun 30, 2025 | 3.33% |
| Mar 31, 2024 | 6.65% |
| Sep 30, 2023 | 0.85% |
| Jun 30, 2023 | 0.52% |
| Mar 31, 2023 | 20.69% |
| Dec 31, 2022 | 3.39% |
| Sep 30, 2022 | 7.15% |
| Jun 30, 2022 | 0.81% |
| Mar 31, 2022 | 6.40% |
| Sep 30, 2019 | 0.62% |
| Jun 30, 2019 | 0.34% |
| Mar 31, 2019 | 2.46% |
| Jun 30, 2018 | 2.30% |
| Mar 31, 2018 | 4.53% |
| Sep 30, 2017 | 4.94% |
| Jun 30, 2017 | 0.89% |
Genesis Energy Tax Rate 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=tax-rate&ticker=GEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();