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GELGenesis Energy, L.P.
$14.47$1.8B
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  3. Financial Ratios
  4. Quarterly

Genesis Energy, L.P. (GEL) Quarterly Financial Ratios

Last 48 quarters of trend data · Energy · Oil & Gas Midstream

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

EV/EBITDA has compressed 38.2% YoY to 9.5x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-19.82—95.35————————5.495.97
———————————-83.3%+69.7%
P/S Ratio1.091.221.081.241.401.210.430.571.020.780.460.390.36
—+1.4%+154.0%+115.6%+37.3%+53.9%-6.9%+46.4%+180.0%+79.5%+4.5%+0.1%+6.8%
P/B Ratio2.504.082.702.892.942.600.821.031.070.810.830.720.67
—+57.1%+230.3%+181.4%+176.1%+221.9%-1.5%+42.3%+58.1%+1.7%+17.6%+12.5%+20.4%
P/FCF20.058.905.1911.82————————6.02
————————————-93.1%
EV / EBITDA9.819.508.099.1810.5415.3812.4510.6911.169.879.926.606.74
—-38.2%-35.0%-14.1%-5.6%+55.9%+25.5%+61.9%+65.6%-1.2%+40.5%-12.1%+6.8%
EV / EBIT18.6416.7913.7514.2018.6956.7042.0323.9624.6418.1217.539.5410.20
—-70.4%-67.3%-40.7%-24.2%+213.0%+139.7%+151.2%+141.6%-7.1%+50.5%-44.8%-41.2%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Genesis Energy, L.P.'s operating margin was 17.9% in Q1 2026, down 2.5 pp QoQ and up 12.3 pp YoY. Gross margin expanded 34.1% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin21.1%21.1%24.0%22.7%21.9%15.7%11.8%9.1%15.8%16.7%10.7%15.9%14.9%
—+34.1%+102.2%+148.3%+38.1%-6.1%+10.4%-42.6%+6.4%+107.1%-27.3%+24.5%-28.9%
Operating Margin15.8%17.9%20.4%19.0%17.9%5.5%4.4%7.0%11.6%13.4%8.5%13.8%12.8%
—+223.7%+361.1%+170.0%+55.1%-58.7%-47.8%-49.2%-9.4%+113.9%-34.0%+32.8%-4.5%
Net Margin-0.5%1.5%4.5%2.2%-0.1%-117.8%-6.8%-2.4%-2.0%2.6%1.5%7.2%6.1%
—+101.3%+166.2%+192.5%+94.7%-4606.6%-540.9%-133.4%-133.1%+1357.0%-73.7%+1432.1%+25.2%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-0.7%1.1%2.8%1.3%-0.1%-41.6%-3.2%-1.1%-0.5%0.7%0.7%3.3%2.8%
—+102.6%+188.4%+221.8%+89.4%-6325.5%-560.0%-131.9%-118.5%+814.4%-70.9%+1628.1%+48.5%
ROA-0.1%0.1%0.4%0.2%-0.0%-7.7%-0.7%-0.2%-0.1%0.2%0.2%0.9%0.7%
—+101.8%+158.3%+177.4%+93.6%-4827.5%-510.7%-128.7%-116.9%+737.8%-74.5%+1429.6%+26.3%
ROIC4.0%1.6%1.8%1.6%1.3%0.3%0.4%0.7%0.7%0.8%0.9%1.6%1.5%
—+370.6%+329.0%+131.5%+98.3%-56.1%-53.0%-57.4%-54.1%+11.2%-32.0%+43.1%+1.3%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Genesis Energy, L.P.'s Debt/EBITDA ratio is 22.5x, up from 19.9x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 34.1% YoY to 0.98x, tightening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity4.305.934.294.294.334.652.872.522.402.282.342.062.04
—+27.6%+49.5%+70.1%+80.4%+103.9%+22.9%+22.6%+17.6%+12.2%+15.4%+7.1%+7.9%
Debt / EBITDA6.2122.5419.8921.9625.1442.4738.8530.4631.0029.1929.4419.7220.32
—-46.9%-48.8%-27.9%-18.9%+45.5%+32.0%+54.5%+52.6%+1.2%+39.8%-13.0%+4.0%
Current Ratio0.980.980.980.970.941.481.061.031.091.051.001.071.13
—-34.1%-7.5%-6.1%-13.4%+40.5%+6.5%-3.3%-3.1%-11.0%-17.2%-5.3%-5.2%
Quick Ratio0.900.920.900.900.851.420.930.910.960.900.860.940.99
—-35.2%-3.1%-1.4%-11.0%+57.5%+8.9%-3.6%-3.2%-12.6%-21.6%-4.0%-1.9%
Interest Coverage0.981.171.331.351.150.310.440.900.891.151.272.051.87
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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GEL — Frequently Asked Questions

Quick answers to the most common questions about buying GEL stock.

What is Genesis Energy, L.P.'s quarterly P/E ratio trend?

Genesis Energy, L.P.'s current P/E is -19.8x. The average P/E over the last 1 quarters is 95.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Genesis Energy, L.P.'s margins change by quarter?

Genesis Energy, L.P.'s current operating margin is 15.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at GEL quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Genesis Energy, L.P.'s business trajectory between earnings reports.