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Genesis Energy GEL Marine transportation — Lease payments, year two

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Other financials

Income statement

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Revenue$532.0M+41.0%
Operating income$105.4M+55.7%
Net income$42.9M+10,656%
EPS (diluted)$0.26+317%

Balance sheet

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Cash & equivalents$39.3M+782%
Total debt$3.2B+3.1%
Total equity$127.7M-22.6%
Total assets$5.4B+11.9%

Cash flow

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Operating cash flow$180.7M+285%
CapEx$27.1M-50.4%
Free cash flow$153.7M+2,125%

Valuation

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Market cap$1.86B-10.0%
Enterprise value$5.02B-2.8%
P/E31.6×
P/S-0.3×

Profitability

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Operating margin19.1%+9.5pp
Net margin3.2%+1.7pp
FCF margin18.5%+13.9pp

Returns & leverage

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Return on equity40.2%+23.3pp
Debt / equity25.1×+6.2×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Genesis Energy in its filing.

Tagged under the XBRL concept us-gaap:LessorOperatingLeasePaymentsToBeReceivedTwoYears.

The source filing: Genesis Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001022321-26-000023

The M/T American Phoenix is under contract through mid-2027. For the remainder of 2026, and through the expiration of the contract in 2027, we expect to receive undiscounted cash flows from lease payments of $15.5 million and $15.2 million, respectively. Our agreements generally contain clauses that may limit the use of the asset or require certain actions be taken by the lessee to maintain the asset for future performance.

Item 1. Financial Statements

FAQ

What is Genesis Energy's marine transportation — lease payments, year two?
Genesis Energy (GEL) reported marine transportation — lease payments, year two of $15.2M in Q2 2026.
How has Genesis Energy's marine transportation — lease payments, year two changed year-over-year?
Genesis Energy's marine transportation — lease payments, year two decreased by 0.0% year-over-year, from $15.2M to $15.2M.
What does marine transportation — lease payments, year two mean?
Represents the contractual cash obligations due in the second year for marine equipment or vessel leases. This metric provides visibility into the medium-term fixed financial commitments and helps in forecasting future cash outflows for the marine segment.

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