Genesis Energy L.P. (GEL) Financial Statements (2026 and earlier)

Company Profile

Business Address 811 LOUISIANA ST, SUITE 1200
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 461 - Pipelines, Except Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments611982021
Cash and cash equivalent611982021
Restricted cash and investments   191956
Receivables608741760722400392
Inventory, net of allowances, customer advances and progress billings551111357878100
Inventory551111357878100
Deferred costs  19    
Other current assets173141273961
Other undisclosed current assets  0    
Total current assets:687912964853542580
Noncurrent Assets
Operating lease, right-of-use asset58228240125141154
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization3,4654,6684,5284,0973,9123,851
Long-term investments and receivables219240264284294319
Long-term investments219240264284294319
Intangible asset, including goodwill, after accumulated amortization378399443429429431
Goodwill302302302302302302
Intangible asset, excluding goodwill, after accumulated amortization7697142127127129
Contract with customer, asset, after allowance for credit loss  51   
Other noncurrent assets545538323846
Other undisclosed noncurrent assets  530540545549553
Total noncurrent assets:4,1736,1266,0555,5135,3635,353
TOTAL ASSETS:4,8617,0387,0196,3665,9065,934
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities700859967709497383
Accounts payable491491589428264198
Accrued liabilities209368379281233185
Total current liabilities:700859967709497383
Noncurrent Liabilities
Long-term debt and lease obligation3,0474,1073,3613,0622,9803,394
Long-term debt, excluding current maturities3,0474,1073,3613,0622,9803,394
Liabilities, other than long-term debt406556926608449406
Deferred revenue   11364  
Deferred income tax liabilities171818171413
Liability, pension and other postretirement and postemployment benefits   1012  
Other liabilities389538570401435393
Operating lease, liability   215114  
Other undisclosed noncurrent liabilities  54212  
Total noncurrent liabilities:3,4534,6634,3413,8813,4293,800
Total liabilities:4,1535,5225,3084,5913,9264,183
Temporary equity, including noncontrolling interest5538148148921,050931
Equity
Equity, attributable to parent  986(6)(9)
Accumulated other comprehensive income (loss)  986(6)(9)
Other undisclosed equity156693889877936828
Total equity:156702897884930819
TOTAL LIABILITIES AND EQUITY:4,8617,0387,0196,3665,9065,934

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,6302,9663,1772,7892,1251,825
Cost of revenue(1,032)(2,628)(2,756)(2,424)(1,969)(1,681)
Gross profit:598338421365156144
Operating expenses(340)(125)(91)(50)(81)(390)
Operating income (loss):25821332931576(246)
Nonoperating expense
(Other Nonoperating expense)		(10)(15)(5)(11)(36)(7)
Interest and debt expense1028759(2)27
Income (loss) from continuing operations before equity method investments, income taxes:25848532931338(226)
Income from equity method investments485866545864
Other undisclosed loss from continuing operations before income taxes(275)    (237)
Income (loss) from continuing operations before income taxes:3154339636796(399)
Income tax expense (benefit)(1)(2)0(3)(2)(1)
Income (loss) from continuing operations:3154139636494(400)
Income (loss) before gain (loss) on sale of properties:✕✕✕✕✕94(400)
Loss from discontinued operations (424)     
Other undisclosed net loss  (574)(249)(235)(232) 
Net income (loss):(393)(33)146129(138)(400)
Net loss attributable to noncontrolling interest(47)(31)(29)   
Other undisclosed net loss attributable to parent    (54)(27)(16)
Net income (loss) attributable to parent:(440)(64)11875(165)(417)
Other undisclosed net loss available to common stockholders, basic(73)(88)(91)(80)(75)(75)
Net income (loss) available to common stockholders, diluted:(513)(152)27(5)(240)(491)

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(393)(33)146129(138)(400)
Other undisclosed comprehensive income (loss) 012124(1)
Comprehensive income (loss):(393)(32)148141(134)(401)
Comprehensive loss, net of tax, attributable to noncontrolling interest(47)(31)(29)(23)(2)(0)
Other undisclosed comprehensive loss, net of tax, attributable to parent    (30)(25)(16)
Comprehensive income (loss), net of tax, attributable to parent:(440)(63)12087(161)(418)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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