Genesis Energy (GEL) Tax Rate (2010 - 2026)
Genesis Energy's (GEL) quarterly Tax Rate came in at 0.58% in Q1 2026, up 98.0% year-on-year from 0.29% in Q1 2025, and up 212.1% quarter-over-quarter from 0.19% in Q4 2025.
Genesis Energy (GEL) Tax Rate (2010 - 2026) Analysis & Trends
Genesis Energy has disclosed Tax Rate across 17 years of filings, most recently posting 0.58% for Q1 2026.
- Tax Rate for Q1 2026 came in at 0.58%, up 98.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.89% (up 202.0% YoY), and the FY2025 annual result was 2.57%, up 619.0% from the prior year.
- Tax Rate came in at 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.
- The 5-year median for Tax Rate is 1.1% (2025), against an average of 3.86%.
- Across the five-year window, Tax Rate soared 1527 bps in 2024 and plunged 1503 bps in 2025, its largest moves.
- Genesis Energy's 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 surged by 105 bps to 0.19% in 2025, then surged by 212 bps to 0.58% in 2026.
- The last three Tax Rate figures came in at 0.58% (Q1 2026), 0.19% (Q4 2025), and 1.1% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Genesis Energy | 1.88 Bn | 1.87 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% |