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Genesis Energy GEL Marine transportation — Operating Expenses

Other segment segments

Onshore Facilities and Transportation
$252.02M-6.4%
Onshore transportation and services
$58.13M-14.5%
Offshore pipeline transportation
$43.17M+31.1%

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WKCMarine — Other Cost and Expense, Operating
$6.2M+21.6%
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MATXOcean Transportation — Vessel Operating Expense
-$138.7M+5.9%
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KEXMarine Transportation — Administrative Fees Expense
$22.39M+5.5%
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BCBoat — Operating Expenses
$65.5M+18.4%

Other financials

Income statement

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Revenue$446.6M+12.1%
Operating income$76.6M+249%
Net income$6.8M+101%
EPS (diluted)-$0.06+98.5%

Balance sheet

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Cash & equivalents$4.2M-98.9%
Total debt$3.2B-7.6%
Total equity$124.0M-33.9%
Total assets$4.8B-7.2%

Cash flow

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Operating cash flow$81.7M+230%
CapEx$26.1M-68.1%
Free cash flow$55.7M+198%

Valuation

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Market cap$1.75B+13.6%
Enterprise value$4.92B+7.5%
P/E111.9×
P/S+0.1×

Profitability

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Operating margin18.6%+10.4pp
Net margin0.9%+0.5pp
FCF margin10.6%+6.9pp

Returns & leverage

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Return on equity10%+5.2pp
Debt / equity25.6×+7.3×
Current ratio-0.5×

Where this comes from

Reported directly by Genesis Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Genesis Energy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Genesis Energy's marine transportation — operating expenses?
Genesis Energy (GEL) reported marine transportation — operating expenses of $52.12M in Q1 2026.
How has Genesis Energy's marine transportation — operating expenses changed year-over-year?
Genesis Energy's marine transportation — operating expenses increased by 2.4% year-over-year, from $50.89M to $52.12M.
What is the long-term trend for Genesis Energy's marine transportation — operating expenses?
Over 3 years (2022 to 2025), Genesis Energy's marine transportation — operating expenses has grown at a -3.6% compound annual growth rate (CAGR), from $228.3M to $204.83M.
What does marine transportation — operating expenses mean?
Captures the total costs incurred to operate and maintain the marine transportation fleet, including fuel, crew wages, maintenance, and insurance. Analyzing this metric is critical for evaluating the operational efficiency and cost management capabilities of the marine business unit.