Genesis Energy LP
Genesis Energy, L.P. engages in the midstream segment of the crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation; Marine Transportation; and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as p… Read more
Genesis Energy LP (GEL) - Net Assets
Latest net assets as of December 2025: $708.08 Million USD
Based on the latest financial reports, Genesis Energy LP (GEL) has net assets worth $708.08 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.86 Billion) and total liabilities ($4.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $708.08 Million |
| % of Total Assets | 14.57% |
| Annual Growth Rate | 6.59% |
| 5-Year Change | -64.24% |
| 10-Year Change | -66.6% |
| Growth Volatility | 118.59 |
Genesis Energy LP - Net Assets Trend (1996–2025)
This chart illustrates how Genesis Energy LP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genesis Energy LP (1996–2025)
The table below shows the annual net assets of Genesis Energy LP from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $708.08 Million | -53.29% |
| 2024-12-31 | $1.52 Billion | -11.40% |
| 2023-12-31 | $1.71 Billion | -3.64% |
| 2022-12-31 | $1.78 Billion | -10.34% |
| 2021-12-31 | $1.98 Billion | +13.14% |
| 2020-12-31 | $1.75 Billion | -25.41% |
| 2019-12-31 | $2.35 Billion | -3.91% |
| 2018-12-31 | $2.44 Billion | -10.04% |
| 2017-12-31 | $2.71 Billion | +28.04% |
| 2016-12-31 | $2.12 Billion | +4.91% |
| 2015-12-31 | $2.02 Billion | +64.40% |
| 2014-12-31 | $1.23 Billion | +11.98% |
| 2013-12-31 | $1.10 Billion | +19.78% |
| 2012-12-31 | $916.50 Million | +15.63% |
| 2011-12-31 | $792.64 Million | +18.43% |
| 2010-12-31 | $669.26 Million | +8.13% |
| 2009-12-31 | $618.93 Million | -5.86% |
| 2008-12-31 | $657.46 Million | +3.97% |
| 2007-12-31 | $632.37 Million | +633.75% |
| 2006-12-31 | $86.18 Million | -2.30% |
| 2005-12-31 | $88.21 Million | +92.79% |
| 2004-12-31 | $45.76 Million | -13.46% |
| 2003-12-31 | $52.87 Million | +47.61% |
| 2002-12-31 | $35.82 Million | +10.12% |
| 2001-12-31 | $32.52 Million | -60.88% |
| 2000-12-31 | $83.14 Million | -5.64% |
| 1999-12-31 | $88.10 Million | -10.01% |
| 1998-12-31 | $97.90 Million | -8.16% |
| 1997-12-31 | $106.60 Million | -4.31% |
| 1996-12-31 | $111.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genesis Energy LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $552.52 Million | 231.98% |
| Total Equity | $238.18 Million | 100.00% |
Genesis Energy LP Competitors by Market Cap
The table below lists competitors of Genesis Energy LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Serco Group plc
PINK:SECCF
|
$2.16 Billion |
|
Puma SE
PINK:PMMAF
|
$2.16 Billion |
|
Yadea Group Holdings Ltd
PINK:YADGF
|
$2.16 Billion |
|
Lakala Payment Co Ltd
SHE:300773
|
$2.16 Billion |
|
Taihan Electric Wire Co Ltd
KO:001440
|
$2.16 Billion |
|
FREEDOM HLDG DL-001
F:DMW2
|
$2.15 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
$2.15 Billion |
|
Ashland Global Holdings Inc
NYSE:ASH
|
$2.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genesis Energy LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,102,966,000 to 238,176,999, a change of -864,789,001 (-78.4%).
- Net loss of 8,210,000 reduced equity.
- Dividend payments of 152,400,000 reduced retained earnings.
- Share repurchases of 262,500,000 reduced equity.
- Other comprehensive income decreased equity by 9,486,000.
- Other factors decreased equity by 432,193,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.21 Million | -3.45% |
| Dividends Paid | $152.40 Million | -63.99% |
| Share Repurchases | $262.50 Million | -110.21% |
| Other Comprehensive Income | $-9.49 Million | -3.98% |
| Other Changes | $-432.19 Million | -181.46% |
| Total Change | $- | -78.41% |
Book Value vs Market Value Analysis
This analysis compares Genesis Energy LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.79x to 9.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $9.82 | $17.61 | x |
| 1997-12-31 | $8.93 | $17.61 | x |
| 1998-12-31 | $7.70 | $17.61 | x |
| 1999-12-31 | $6.29 | $17.61 | x |
| 2000-12-31 | $9.59 | $17.61 | x |
| 2001-12-31 | $3.71 | $17.61 | x |
| 2002-12-31 | $4.09 | $17.61 | x |
| 2003-12-31 | $6.01 | $17.61 | x |
| 2004-12-31 | $4.86 | $17.61 | x |
| 2005-12-31 | $9.18 | $17.61 | x |
| 2006-12-31 | $6.21 | $17.61 | x |
| 2007-12-31 | $30.44 | $17.61 | x |
| 2008-12-31 | $-16.24 | $17.61 | x |
| 2009-12-31 | $15.77 | $17.61 | x |
| 2010-12-31 | $-0.01 | $17.61 | x |
| 2011-12-31 | $17.94 | $17.61 | x |
| 2012-12-31 | $18.28 | $17.61 | x |
| 2013-12-31 | $20.24 | $17.61 | x |
| 2014-12-31 | $19.96 | $17.61 | x |
| 2015-12-31 | $32.31 | $17.61 | x |
| 2016-12-31 | $0.25 | $17.61 | x |
| 2017-12-31 | $0.11 | $17.61 | x |
| 2018-12-31 | $19.92 | $17.61 | x |
| 2019-12-31 | $18.15 | $17.61 | x |
| 2020-12-31 | $-0.08 | $17.61 | x |
| 2021-12-31 | $-0.05 | $17.61 | x |
| 2022-12-31 | $0.05 | $17.61 | x |
| 2023-12-31 | $10.95 | $17.61 | x |
| 2024-12-31 | $9.01 | $17.61 | x |
| 2025-12-31 | $1.94 | $17.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genesis Energy LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.50%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 20.41x
- Recent ROE (-3.45%) is below the historical average (74.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 1.53% | 0.35% | 0.73x | 5.99x | $-7.21 Million |
| 1997 | 10.08% | 0.23% | 10.19x | 4.22x | $60.00K |
| 1998 | 10.46% | 0.32% | 7.52x | 4.38x | $310.00K |
| 1999 | 4.29% | 0.11% | 5.68x | 7.10x | $-3.06 Million |
| 2000 | 0.22% | 0.00% | 9.62x | 5.44x | $-8.08 Million |
| 2001 | -136.25% | -1.31% | 14.52x | 7.19x | $-46.81 Million |
| 2002 | 14.42% | 0.56% | 6.63x | 3.90x | $1.56 Million |
| 2003 | 25.45% | 2.02% | 4.47x | 2.81x | $8.09 Million |
| 2004 | -3.12% | -0.15% | 6.48x | 3.16x | $-5.94 Million |
| 2005 | 3.89% | 0.32% | 5.93x | 2.07x | $-5.35 Million |
| 2006 | 9.78% | 0.91% | 4.81x | 2.23x | $-185.20K |
| 2007 | -2.14% | -1.13% | 1.32x | 1.44x | $-76.73 Million |
| 2008 | 0.00% | 1.22% | 1.82x | 0.00x | $89.45 Million |
| 2009 | 1.29% | 0.56% | 1.25x | 1.84x | $-54.40 Million |
| 2010 | 0.00% | -2.31% | 1.39x | 0.00x | $-48.40 Million |
| 2011 | 4.20% | 1.66% | 1.79x | 1.42x | $-70.64 Million |
| 2012 | 6.72% | 2.37% | 1.93x | 1.47x | $-46.91 Million |
| 2013 | 5.07% | 2.08% | 1.44x | 1.68x | $-83.78 Million |
| 2014 | 5.91% | 2.76% | 1.19x | 1.80x | $-73.58 Million |
| 2015 | 12.70% | 18.81% | 0.41x | 1.64x | $89.75 Million |
| 2016 | 405.46% | 6.61% | 0.30x | 204.17x | $110.46 Million |
| 2017 | 631.04% | 4.07% | 0.28x | 545.60x | $81.34 Million |
| 2018 | -0.25% | -0.21% | 0.45x | 2.65x | $-250.27 Million |
| 2019 | 4.31% | 3.87% | 0.38x | 2.97x | $-126.50 Million |
| 2020 | 0.00% | -22.84% | 0.31x | 0.00x | $-415.74 Million |
| 2021 | 0.00% | -7.77% | 0.36x | 0.00x | $-164.51 Million |
| 2022 | 1234.17% | 2.71% | 0.44x | 1041.22x | $74.85 Million |
| 2023 | 8.78% | 3.71% | 0.45x | 5.27x | $-16.41 Million |
| 2024 | -5.80% | -2.16% | 0.42x | 6.38x | $-174.24 Million |
| 2025 | -3.45% | -0.50% | 0.34x | 20.41x | $-32.03 Million |
Industry Comparison
This section compares Genesis Energy LP's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genesis Energy LP (GEL) | $708.08 Million | 1.53% | 5.86x | $2.16 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.56 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $2.93 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |