Genesis Energy (GEL) Tax Rate (2010 - 2026)
Genesis Energy (GEL) reported Tax Rate of 0.58% for Q1 2026, up 98.0% year-over-year from 0.29% in Q1 2025, and up 212.1% sequentially from 0.19% in Q4 2025.
Genesis Energy (GEL) Tax Rate (2010 - 2026) Analysis & Trends
Genesis Energy's Tax Rate history runs 17 years deep, the most recent figure standing at 0.58% for Q1 2026.
- Quarterly Tax Rate rose 98.0% year-over-year to 0.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.89% (up 202.0% YoY) and the FY2025 annual result came in at 2.57%, up 619.0% from the prior year.
- Tax Rate was 0.58% for Q1 2026 at Genesis Energy, up from 0.19% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 20.69% in Q1 2023 to a low of 3.58% in Q4 2024.
- Median Tax Rate over the past 5 years was 1.1% (2025), compared with a mean of 3.86%.
- Across the five-year window, Tax Rate surged 1527 bps in 2024 and tumbled 1503 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 3.39% in 2022, then sank by 52 bps to 1.62% in 2023, then sank by 321 bps to 3.58% in 2024, then jumped by 105 bps to 0.19% in 2025, then jumped by 212 bps to 0.58% in 2026.
- Business Quant data shows GEL's Tax Rate at 0.58% in Q1 2026, 0.19% in Q4 2025, and 1.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Genesis Energy | 1.74 Bn | 1.73 Bn | 403.39 Mn | 0.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.58% |
| Mar 31, 2026 | 0.58% |
| Dec 31, 2025 | 0.19% |
| Dec 31, 2025 | 0.19% |
| Sep 30, 2025 | 1.10% |
| Sep 30, 2025 | 1.10% |
| Jun 30, 2025 | 3.33% |
| Jun 30, 2025 | 3.33% |
| Mar 31, 2025 | -0.40% |
| Mar 31, 2025 | -0.40% |
| Dec 31, 2024 | -3.58% |
| Dec 31, 2024 | -3.58% |
| Sep 30, 2024 | 16.13% |
| Sep 30, 2024 | 16.13% |
| Jun 30, 2024 | 0.28% |
| Jun 30, 2024 | 0.28% |
| Mar 31, 2024 | 6.65% |
| Mar 31, 2024 | 6.65% |
| Dec 31, 2023 | 1.62% |
| Dec 31, 2023 | 1.62% |