Genesis Energy (GEL) Tax Rate (2010 - 2026)
Genesis Energy (GEL) posted Tax Rate of 0.58% for Q1 2026, up 212.1% sequentially from 0.19% in Q4 2025, and up 98.0% YoY from 0.29% in Q1 2025.
Genesis Energy (GEL) Tax Rate (2010 - 2026) Analysis & Trends
Genesis Energy has reported Tax Rate for 17 years, with the latest figure at 0.58% in 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 rose to 0.58% in Q1 2026 per GEL's latest filing, from 0.19% in the prior quarter.
- Over five years, Tax Rate peaked at 20.69% in Q1 2023 and troughed at 3.58% in Q4 2024.
- A 5-year average of 3.86% and a median of 1.1% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 1527 bps in 2024, then plunged 1503 bps in 2025.
- Over 5 years, Tax Rate stood at 3.39% in 2022, then slumped by 52 bps to 1.62% in 2023, then slumped 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.
- According to Business Quant data, Tax Rate over the past three periods registered 0.58%, 0.19%, and 1.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 5.85% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.62% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 9.13% |
| 10 | Genesis Energy | 1.94 Bn | 1.90 Bn | 333.28 Mn | 0.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37% |
| Jun 30, 2026 | 0.37% |
| Jun 30, 2026 | 0.37% |
| Mar 31, 2026 | 0.58% |
| Mar 31, 2026 | 0.58% |
| Mar 31, 2026 | 0.58% |
| Dec 31, 2025 | 0.19% |
| Dec 31, 2025 | 0.19% |
| Dec 31, 2025 | 0.19% |
| Sep 30, 2025 | 1.10% |
| Sep 30, 2025 | 1.10% |
| Sep 30, 2025 | 1.10% |
| Jun 30, 2025 | 3.33% |
| Jun 30, 2025 | 3.33% |
| Jun 30, 2025 | 3.33% |
| Mar 31, 2025 | -0.40% |
| Mar 31, 2025 | -0.40% |
| Mar 31, 2025 | -0.40% |
| Dec 31, 2024 | -3.58% |
| Dec 31, 2024 | -3.58% |