Genesis Energy, L.P. (GEL) Key Metrics
GEL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.74B
- Enterprise value
- $4.95B
- P/E (TTM)
- 71.2 10-yr median 26.2
- Forward P/E
- 10.1
- PEG ratio
- 3.05
- Price / sales
- 0.9 10-yr median 0.7
- Price / book
- 26.6 10-yr median 1.0
- EV / EBITDA
- 7.8 10-yr median 10.4
- Dividend yield
- 5.62% $0.80 a year
- Beta
- 0.81
GEL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGEL valuation Price multiples at each fiscal year-end price.
GEL returns How much profit the business earns on the capital it uses.
GEL per-share figures Results divided by the shares outstanding at year-end.
GEL financial health Debt, liquidity and how easily interest is covered.
GEL efficiency & capital use Working capital cycle and where the cash goes.
GEL valuation history
GEL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GEL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GEL cash returned to shareholders
GEL price vs earnings per share
GEL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.91B | $1.24B | $1.42B | $1.25B | $1.31B | $761.2M | $2.51B | $2.26B | $2.72B | $4.09B |
| Enterprise value | $4.95B | $5.58B | $5.39B | $5.60B | $5.08B | $4.94B | $6.05B | $5.69B | $6.41B | $7.17B |
| P/E ratio | — | — | 12.1 | 16.6 | — | — | 26.2 | — | 32.9 | 36.1 |
| Price / sales | 1.2 | 0.4 | 0.4 | 0.4 | 0.6 | 0.4 | 1.0 | 0.8 | 1.3 | 2.4 |
| Price / book | 8.0 | 1.1 | 1.1 | 0.7 | 0.7 | 0.4 | 1.1 | 0.9 | 1.0 | 1.9 |
| Price / free cash flow | 21.6 | — | — | — | 35.9 | 5.0 | 11.5 | 11.6 | 30.8 | — |
| Price / operating cash flow | 6.9 | 3.2 | 2.7 | 3.7 | 3.9 | 2.6 | 6.6 | 5.8 | 8.0 | 13.7 |
| EV / sales | 3.0 | 1.9 | 1.7 | 2.0 | 2.4 | 2.7 | 2.4 | 2.0 | 3.2 | 4.2 |
| EV / EBITDA | 9.1 | 10.0 | 8.1 | 9.8 | 12.5 | 14.0 | 9.5 | 10.7 | 12.7 | 16.9 |
| EV / free cash flow | 56.0 | — | — | — | 138.9 | 32.4 | 27.6 | 29.2 | 72.6 | — |
| Earnings yield | −0.4% | −5.2% | 8.3% | 6.0% | −12.6% | −54.7% | 3.8% | −0.3% | 3.0% | 2.8% |
| Free cash flow yield | 4.6% | −15.8% | −7.0% | −7.2% | 2.8% | 20.0% | 8.7% | 8.6% | 3.2% | −4.0% |
| Dividend yield | 8.0% | 13.2% | 11.8% | 11.8% | 11.3% | 25.9% | 12.5% | 11.4% | 11.8% | 7.6% |
| Shareholder yield (dividends + buybacks) | 21.7% | 13.2% | 17.2% | 34.9% | 11.3% | 25.9% | 12.5% | 11.4% | 11.8% | 7.6% |
| Share price at fiscal year-end | $15.60 | $10.11 | $11.58 | $10.21 | $10.71 | $6.21 | $20.48 | $18.47 | $22.35 | $36.02 |
| Per share | ||||||||||
| Revenue per share | $13.31 | $24.22 | $25.93 | $22.75 | $17.34 | $14.89 | $20.24 | $23.76 | $16.69 | $15.10 |
| Earnings per share | −$0.07 | −$0.52 | $0.96 | $0.62 | −$1.35 | −$3.40 | $0.78 | −$0.05 | $0.68 | $1.00 |
| Operating cash flow per share | $2.25 | $3.20 | $4.25 | $2.73 | $2.76 | $2.42 | $3.12 | $3.18 | $2.79 | $2.63 |
| Free cash flow per share | $0.72 | −$1.59 | −$0.81 | −$0.73 | $0.30 | $1.25 | $1.79 | $1.59 | $0.73 | −$1.45 |
| Cash per share | $0.05 | $0.09 | $0.23 | $0.22 | $0.20 | $0.22 | $0.54 | $0.08 | $0.07 | $0.06 |
| Book value per share | $1.94 | $9.01 | $10.95 | $14.48 | $16.15 | $14.28 | $18.15 | $19.92 | $22.33 | $18.69 |
| Tangible book value per share | −$1.14 | $5.75 | $7.33 | $10.98 | $12.65 | $10.76 | $14.55 | $16.13 | $18.16 | $14.02 |
| Dividends per share | $1.24 | $1.33 | $1.37 | $1.21 | $1.21 | $1.61 | $2.55 | $2.10 | $2.65 | $2.73 |
| Capex per share | $1.53 | $4.79 | $5.06 | $3.46 | $2.46 | $1.18 | $1.33 | $1.59 | $2.06 | $4.08 |
| Debt per share | $24.88 | $35.54 | $32.62 | $35.68 | $30.92 | $34.32 | $29.39 | $28.00 | $30.43 | $27.25 |
| Shares outstanding | 122.5M | 122.5M | 122.5M | 122.6M | 122.6M | 122.6M | 122.6M | 122.6M | 121.5M | 113.4M |
| Change in shares outstanding | +0.0% | −0.1% | −0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +0.8% | +7.2% | +10.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −1.2% | −5.2% | 7.6% | 4.0% | −8.9% | −21.0% | 4.1% | −0.2% | 3.4% | 5.5% |
| Return on invested capital (ROIC) | 5.8% | 3.1% | 5.8% | 5.2% | 1.0% | −3.3% | 4.7% | 2.2% | 3.8% | 4.0% |
| Return on assets (ROA) | −0.1% | −0.9% | 1.8% | 1.2% | −2.8% | −6.6% | 1.5% | −0.1% | 1.3% | 2.0% |
| Return on tangible assets | −0.2% | −1.0% | 1.8% | 1.3% | −3.0% | −7.6% | 1.6% | −0.1% | 1.2% | 2.2% |
| Free cash flow margin | 5.4% | −6.6% | −3.1% | −3.2% | 1.7% | 8.4% | 8.8% | 6.7% | 4.4% | −9.6% |
| Income quality (OCF / net income) | — | — | 4.43 | 4.43 | — | — | 3.98 | — | 4.10 | 2.63 |
| Financial health | ||||||||||
| Total debt | $3.05B | $4.35B | $4.00B | $4.37B | $3.79B | $4.21B | $3.60B | $3.43B | $3.70B | $3.09B |
| Cash & short-term investments | $6.4M | $10.7M | $28.0M | $26.6M | $25.0M | $27.0M | $65.7M | $10.3M | $9.0M | $7.0M |
| Net debt | $3.04B | $4.34B | $3.97B | $4.35B | $3.76B | $4.18B | $3.54B | $3.42B | $3.69B | $3.08B |
| Debt / equity | 12.79 | 3.95 | 2.98 | 2.46 | 1.91 | 2.40 | 1.62 | 1.41 | 1.36 | 1.46 |
| Debt / assets | 0.63 | 0.62 | 0.57 | 0.69 | 0.64 | 0.71 | 0.55 | 0.53 | 0.52 | 0.54 |
| Net debt / EBITDA | 5.56 | 7.79 | 6.00 | 7.61 | 9.25 | 11.88 | 5.53 | 6.45 | 7.29 | 7.26 |
| Current ratio | 0.98 | 1.06 | 1.00 | 1.20 | 1.09 | 1.51 | 1.43 | 1.33 | 1.39 | 1.38 |
| Quick ratio | 0.90 | 0.93 | 0.86 | 1.09 | 0.93 | 1.25 | 1.27 | 1.11 | 1.20 | 1.00 |
| Interest coverage | 1.0 | 0.7 | 1.3 | 1.4 | 0.3 | -1.2 | 1.2 | 0.7 | 1.2 | 1.5 |
| Working capital | −$12.2M | $53.0M | −$3.4M | $143.9M | $45.5M | $196.8M | $177.6M | $110.4M | $179.8M | $98.8M |
| Invested capital | $3.28B | $5.44B | $5.31B | $6.12B | $5.74B | $5.93B | $5.76B | $5.86B | $6.40B | $5.20B |
| Tangible asset value | $330.5M | $1.12B | $1.27B | $1.35B | $1.55B | $1.32B | $1.91B | $1.98B | $2.21B | $1.59B |
| Net current asset value | −$3.47B | −$4.61B | −$4.39B | −$3.74B | −$3.38B | −$3.60B | −$3.67B | −$3.59B | −$3.80B | −$3.22B |
| Graham number | — | — | $15.38 | $14.16 | — | — | $17.88 | — | $18.48 | $20.49 |
| Graham net-net per share | −$29.91 | −$39.98 | −$38.30 | −$32.50 | −$29.05 | −$31.10 | −$31.42 | −$30.57 | −$32.96 | −$29.60 |
| Capital allocation | ||||||||||
| Dividends paid | $152.4M | $162.9M | $167.5M | $148.3M | $148.3M | $197.3M | $313.2M | $257.4M | $321.9M | $310.0M |
| Share buybacks (net) | $262.5M | $0 | $76.0M | $288.6M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | — | 142.3% | 196.5% | — | — | 326.2% | — | 389.5% | 273.8% |
| Dividends + buybacks / free cash flow | 469.7% | — | — | — | 405.6% | 129.3% | 143.0% | 132.2% | 364.7% | — |
| Capex / revenue | 11.5% | 19.8% | 19.5% | 15.2% | 14.2% | 7.9% | 6.6% | 6.7% | 12.4% | 27.0% |
| Capex / operating cash flow | 67.9% | 149.8% | 119.0% | 126.9% | 89.2% | 48.6% | 42.7% | 50.1% | 74.0% | 155.2% |
| Capex / depreciation | 0.74 | 1.87 | 2.21 | 1.43 | 0.89 | 0.25 | 0.49 | 0.63 | 1.00 | 2.12 |
| Stock-based compensation / revenue | −0.9% | 0.2% | 0.8% | 0.6% | 0.4% | −0.2% | 0.3% | 0.1% | −0.3% | 0.4% |
| SG&A / revenue | 5.3% | 2.0% | 2.1% | 2.4% | 2.9% | 3.1% | 2.1% | 2.3% | 3.3% | 2.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 151.6 | 92.6 | 85.1 | 73.4 | 68.1 | 81.0 | 54.5 | 51.3 | 64.8 | 47.3 |
| Days of inventory on hand | 23.6 | 16.9 | 14.0 | 13.2 | 16.3 | 21.3 | 11.7 | 11.4 | 19.2 | 17.8 |
| Days payables outstanding | 139.3 | 74.4 | 66.7 | 58.7 | 42.5 | 53.8 | 29.3 | 28.0 | 40.0 | 32.6 |
| Cash conversion cycle (days) | 35.8 | 35.2 | 32.4 | 27.9 | 41.9 | 48.5 | 36.9 | 34.7 | 44.0 | 32.6 |
| Receivables turnover | 2.41 | 3.94 | 4.29 | 4.97 | 5.36 | 4.51 | 6.70 | 7.11 | 5.63 | 7.71 |
| Payables turnover | 2.62 | 4.91 | 5.47 | 6.21 | 8.59 | 6.79 | 12.46 | 13.02 | 9.12 | 11.21 |
| Inventory turnover | 15.48 | 21.55 | 26.07 | 27.56 | 22.36 | 17.16 | 31.09 | 31.96 | 19.03 | 20.52 |
| Asset turnover | 0.27 | 0.42 | 0.47 | 0.45 | 0.36 | 0.29 | 0.38 | 0.43 | 0.32 | 0.31 |
| Average receivables | $677.0M | $752.7M | $740.6M | $561.0M | $396.4M | $404.7M | $370.2M | $409.5M | $360.1M | $222.1M |
| Average payables | $490.9M | $540.0M | $508.4M | $346.1M | $231.4M | $208.6M | $173.0M | $199.1M | $195.3M | $130.3M |
| Average inventory | $83.1M | $123.0M | $106.7M | $78.1M | $88.9M | $82.5M | $69.3M | $81.1M | $93.6M | $71.2M |
| Intangibles / total assets | 7.8% | 5.7% | 6.3% | 6.7% | 7.3% | 7.3% | 6.7% | 7.2% | 7.1% | 9.3% |
Computed from GEL's annual financial statements (latest annual report filed February 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GEL valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 71.2 and the forward P/E is 10.1. Genesis Energy earned a return on equity of −1.2% and a return on invested capital of 5.8% in fiscal 2025. It ended the year with $3.0 billion of debt and $6.4 million in cash and short-term investments, net debt of $3.0 billion. It returned $414.9 million to shareholders: $152.4 million in dividends and $262.5 million in share buybacks, 470% of free cash flow. The share count rose 8.0% from 113.4M to 122.5M over 9 years.
See the GEL income statement, the GEL chart for price history, or the GEL stock overview for the latest quote and news.
GEL key metrics FAQ
What is Genesis Energy's P/E ratio?
Genesis Energy's trailing P/E ratio is 71.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.1. At the end of fiscal 2025 it was —, compared with a 10-year median of 26.2.
What is Genesis Energy's EV/EBITDA?
Genesis Energy's enterprise value was 9.1 times EBITDA at the end of fiscal 2025 (enterprise value $5.0 billion, EBITDA $547.0 million); the current EV/EBITDA is 7.8.
What is Genesis Energy's return on equity?
Genesis Energy's return on equity (ROE) was −1.2% in fiscal 2025: net income of -$8.2 million on average shareholders' equity of $670.6 million.
What is Genesis Energy's ROIC?
Genesis Energy's return on invested capital was 5.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Genesis Energy have?
Genesis Energy had total debt of $3.0 billion at the end of fiscal 2025, a debt-to-equity ratio of 12.79 and $3.0 billion of net debt (5.56 times EBITDA).
What is Genesis Energy's dividend yield?
Genesis Energy's forward dividend yield is 5.62%. Genesis Energy paid $152.4 million in dividends in fiscal 2025 ($1.24 per share), a payout ratio of —.
Does Genesis Energy buy back its shares?
Yes. Genesis Energy spent $262.5 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.0% over the year, to 122.5M..
What is Genesis Energy's free cash flow yield?
Genesis Energy generated $88.3 million of free cash flow in fiscal 2025, a free cash flow yield of 4.6% on its market value at year-end ($1.9 billion).
What is Genesis Energy's current ratio?
Genesis Energy's current ratio was 0.98 at the end of fiscal 2025: current assets were 0.98 times current liabilities.