Genesis Energy LP Net Assets
Genesis Energy LP net assets. Based on the latest financial reports, Genesis Energy LP (GEL) has net assets worth $535.51 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.84 Billion) and total liabilities ($4.30 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. Also explore how fast is Genesis Energy LP growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $535.51 Million |
| % of Total Assets | 11.07% |
| Annual Growth Rate | 6.59% |
| 5-Year Change | -64.24% |
| 10-Year Change | -66.6% |
| Growth Volatility | 118.59 |
Net Assets of Genesis Energy LP (1996–2025)
Net assets of Genesis Energy LP from 1996 to 2025. This chart illustrates how Genesis Energy LP's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Genesis Energy LP to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see GEL company net worth.
| 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.
Genesis Energy LP Net Assets Breakdown (December 2025)
Genesis Energy LP net assets breakdown by equity component as of 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 |
|---|---|
|
Taiflex Scientific Co Ltd
TW:8039
|
$1.57 Billion |
|
Hap Seng Consolidated Bhd
KLSE:3034
|
$1.58 Billion |
|
Stanmore Resources Ltd
AU:SMR
|
$1.58 Billion |
|
Hankook Tire Worldwide
KO:000240
|
$1.58 Billion |
|
Intershop Holding AG
SW:ISN
|
$1.57 Billion |
|
Sanoma Oyj
HE:SANOMA
|
$1.57 Billion |
|
JiangXi Tianxin Pharm Co Ltd
SHG:603235
|
$1.57 Billion |
|
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd
SHE:002839
|
$1.57 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: 6.61x
- 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 1.31x to 6.61x 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 | $12.86 | x |
| 1997-12-31 | $8.93 | $12.86 | x |
| 1998-12-31 | $7.70 | $12.86 | x |
| 1999-12-31 | $10.34 | $12.86 | x |
| 2000-12-31 | $9.59 | $12.86 | x |
| 2001-12-31 | $3.71 | $12.86 | x |
| 2002-12-31 | $4.09 | $12.86 | x |
| 2003-12-31 | $6.01 | $12.86 | x |
| 2004-12-31 | $4.86 | $12.86 | x |
| 2005-12-31 | $9.18 | $12.86 | x |
| 2006-12-31 | $6.21 | $12.86 | x |
| 2007-12-31 | $30.44 | $12.86 | x |
| 2008-12-31 | $-16.24 | $12.86 | x |
| 2009-12-31 | $15.77 | $12.86 | x |
| 2010-12-31 | $-0.01 | $12.86 | x |
| 2011-12-31 | $17.94 | $12.86 | x |
| 2012-12-31 | $18.28 | $12.86 | x |
| 2013-12-31 | $20.24 | $12.86 | x |
| 2014-12-31 | $13.65 | $12.86 | x |
| 2015-12-31 | $19.62 | $12.86 | x |
| 2016-12-31 | $18.69 | $12.86 | x |
| 2017-12-31 | $22.33 | $12.86 | x |
| 2018-12-31 | $19.92 | $12.86 | x |
| 2019-12-31 | $18.15 | $12.86 | x |
| 2020-12-31 | $14.28 | $12.86 | x |
| 2021-12-31 | $16.15 | $12.86 | x |
| 2022-12-31 | $14.48 | $12.86 | x |
| 2023-12-31 | $10.95 | $12.86 | x |
| 2024-12-31 | $9.01 | $12.86 | x |
| 2025-12-31 | $1.94 | $12.86 | 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 (-1.07%), 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 | 2.61% | 0.11% | 5.68x | 4.32x | $-6.51 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 | 8.64% | 2.76% | 1.19x | 2.63x | $-16.72 Million |
| 2015 | 20.91% | 18.81% | 0.41x | 2.70x | $220.45 Million |
| 2016 | 5.34% | 6.61% | 0.30x | 2.69x | $-98.76 Million |
| 2017 | 3.04% | 4.07% | 0.28x | 2.63x | $-188.81 Million |
| 2018 | -0.25% | -0.21% | 0.45x | 2.65x | $-250.28 Million |
| 2019 | 4.31% | 3.87% | 0.38x | 2.97x | $-126.50 Million |
| 2020 | -23.81% | -22.84% | 0.31x | 3.39x | $-591.69 Million |
| 2021 | -8.34% | -7.77% | 0.36x | 2.98x | $-363.08 Million |
| 2022 | 4.25% | 2.71% | 0.44x | 3.59x | $-102.09 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: $1,020,303,650
- Average return on equity (ROE) among peers: 2408.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genesis Energy LP (GEL) | $535.51 Million | 1.53% | 8.03x | $1.57 Billion |
| Antero Midstream Partners LP (AM) | $2.19 Billion | 14.88% | 1.64x | $9.01 Billion |
| CBL International Limited Ordinary Shares (BANL) | $25.29 Million | 4.50% | 1.11x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $826.00K | 24076.03% | 0.21x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $60.98 Million | 25.78% | 2.28x | $284.93 Million |
| BW LPG Limited (BWLP) | $1.60 Billion | 13.91% | 0.60x | $3.30 Billion |
| Cheniere Energy Partners LP (CQP) | $-351.69 Million | 0.00% | 0.00x | $27.77 Billion |
| Cheniere Energy Partners LP (CQP) | $1.64 Billion | -14.63% | 4.19x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $8.39 Million | -56.75% | 43.42x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $257.70 Million | 17.70% | 0.90x | $111.33 Million |
| DT Midstream Inc (DTM) | $4.77 Billion | 7.43% | 1.08x | $11.56 Billion |
About 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