{ "ok": true, "cik": "1022321", "ticker": "GEL", "name": "GENESIS ENERGY LP", "filings": [ { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1022321/000102232126000023/0001022321-26-000023-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1022321/000102232126000021/0001022321-26-000021-index.htm" }, { "form": "8-K", "filed": "2026-06-26", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1022321/000119312526285690/0001193125-26-285690-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1022321/000102232126000017/0001022321-26-000017-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1022321/000102232126000014/0001022321-26-000014-index.htm" }, { "form": "8-K", "filed": "2026-03-09", "items": [ "1.01 Entry into a Material Definitive Agreement", "1.02 Termination of a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation" ], "url": "https://www.sec.gov/Archives/edgar/data/1022321/000119312526097605/0001193125-26-097605-index.htm" } ], "events12m": 8, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-06-26", "url": "https://www.sec.gov/Archives/edgar/data/1022321/000119312526285690/0001193125-26-285690-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001022321.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1022321" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up GENESIS ENERGY LP ($GEL). Last filing: 10-Q, 2026-08-06. 8 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 1630415000, "revenueGrowth1y": -0.01831549691299672, "revenueGrowthPerYear": -0.06414085357107069, "yearsOfData": 5, "operatingMargin": 0.15835845474925095, "operatingMarginPrior": 0.10233172008761864, "netMargin": -0.27011711742102473, "operatingCashFlow": 252826000, "capitalSpending": 186888000, "freeCashFlow": 65938000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 6437000, "longTermDebt": 3046815000, "longTermDebtChange": -0.18269060533389125, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 2125476000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 2788957000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 1721323000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 1660834000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 1630415000 } ], "totalEquity": null, "totalAssets": 4860703000, "equityRatio": null, "returnOnEquity": null, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": 2.23, "dividendYearsRising": 4, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -4.19, "sharesOutstanding": 122464000, "bookValuePerShare": null, "revenuePerShare": 13.31342272014633, "range80": { "low": 1024806319.8597153, "high": 2046189828.812724, "baseline": 1481914288.626724, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.3113024286925096, "classVolatility": 0.07701947805587882, "volatility": 0.2267611101025207 }, "ifPaceHeld": { "low": 1024806319.8597153, "high": 2046189828.812724 } }, "edgarette": "🔖 Exposure: revenue $1.6B (FY2025), total debt $3.0B. Experience: revenue down 1.8% on the year, down 6.4% a year over 4 years; operating margin 15.8%, up from 10.2%. Soundness: dividend per share up 4 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.0B and $2.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $796.1M to $2.6B. A statistical range, not company guidance.", "summary": "Genesis Energy (GEL) saw revenue fall 1.8% in FY2025 to $1.6 billion, operating margin 15.8%, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
GENESIS ENERGY LP against its own record and its peers
Operating margin15.8%Revenue, on the year-1.8%No peer group large enough for a median
", "chartHorizon": null, "backtest": { "tests": 13, "hits": 9, "rate": 0.6923076923076923, "method": "v4", "byYear": { "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 0, 1 ], "2016": [ 1, 1 ], "2017": [ 0, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T18:46:43.996Z", "hash": "7944d2b41f2ded14", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Genesis Energy (GEL) saw revenue fall 1.8% in FY2025 to $1.6 billion, operating margin 15.8%, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 1630415000, "totalDebt": 3046815000, "cash": 6437000 }, "experience": { "revenueGrowth1y": -0.01831549691299672, "revenueGrowthPerYear": -0.06414085357107069, "operatingMargin": 0.15835845474925095, "operatingMarginPrior": 0.10233172008761864, "netMargin": -0.27011711742102473, "freeCashFlow": 65938000 }, "soundness": { "equityRatio": null, "returnOnEquity": null, "payoutRatio": null, "dividendPerShare": 2.23, "dividendYearsRising": 4, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": null, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-06-26", "url": "https://www.sec.gov/Archives/edgar/data/1022321/000119312526285690/0001193125-26-285690-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 1024806319.8597153, "high": 2046189828.812724, "baseline": 1481914288.626724, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.3113024286925096, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.2267611101025207, "k": 3 }, "stress": { "low": 796101130.2355263, "high": 2634664881.6183705, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 9, "rate": 0.6923076923076923, "method": "v4", "byYear": { "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 0, 1 ], "2016": [ 1, 1 ], "2017": [ 0, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T18:46:43.996Z", "hash": "7944d2b41f2ded14", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001022321.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1022321" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1551, "growth3y": -0.1638, "volatility": 0.3113, "paysDividend": false, "raisedDividend": false, "equityRatio": null, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 15.5% of revenue into operating cash; revenue shrinking 16.4% a year over three years; no common dividend.", "outside": "Among $1B-10B companies: 54th percentile for cash, 2nd for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$1B-10B", "cashPctInClass": 54, "growthPctInClass": 2, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±33%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 2, "name": "Weathered boat", "plain": "two warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 252826000, "investing": 832294000, "financing": -1108235000, "capitalSpending": 186888000, "free": 65938000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 337951000, "free": 36556000 }, { "fiscalYearEnd": "2022-12-31", "operating": 334395000, "free": -89800000 }, { "fiscalYearEnd": "2023-12-31", "operating": 521126000, "free": -98893000 }, { "fiscalYearEnd": "2024-12-31", "operating": 391934000, "free": -195211000 }, { "fiscalYearEnd": "2025-12-31", "operating": 252826000, "free": 65938000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 6437000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 4860703000, "ladder": null, "currentRatio": 0.98, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1551, "growth3y": -0.1638, "volatility": 0.3113, "paysDividend": false, "raisedDividend": false, "equityRatio": null, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 15.5% of revenue into operating cash; revenue shrinking 16.4% a year over three years; no common dividend.", "outside": "Among $1B-10B companies: 54th percentile for cash, 2nd for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$1B-10B", "cashPctInClass": 54, "growthPctInClass": 2, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±33%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 2, "name": "Weathered boat", "plain": "two warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 252826000, "investing": 832294000, "financing": -1108235000, "capitalSpending": 186888000, "free": 65938000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 337951000, "free": 36556000 }, { "fiscalYearEnd": "2022-12-31", "operating": 334395000, "free": -89800000 }, { "fiscalYearEnd": "2023-12-31", "operating": 521126000, "free": -98893000 }, { "fiscalYearEnd": "2024-12-31", "operating": 391934000, "free": -195211000 }, { "fiscalYearEnd": "2025-12-31", "operating": 252826000, "free": 65938000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 6437000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 4860703000, "ladder": null, "currentRatio": 0.98, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }