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Genesis Energy GEL Onshore Facilities and Transportation — Operating Expenses

Other segment segments

Onshore transportation and services
$65.3M+7.8%
Marine transportation
$55.5M+11.0%
Offshore pipeline transportation
$41.9M+16.5%

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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:OperatingExpenses.

The source filing: Genesis Energy’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 6:39 AM EST
Fiscal year
FY2025
Accession
0001022321-26-000008
Year Ended December 31, 2025Offshore Pipeline TransportationMarine TransportationOnshore Transportation and ServicesTotal
External customers$531,035$319,498$779,882$1,630,415
Intersegment(1)863(863)
Total revenues of reportable segments(2)$531,898$319,498$779,019$1,630,415
Segment Operating Expenses(145,005)(204,830)(252,017)(601,852)
Segment Product Costs(451,962)(451,962)
Other Segment Items(3)(1,199)1,0221,4291,252
Segment Margin(4)$385,694$115,690$76,469$577,853
Year Ended December 31, 2024Offshore Pipeline TransportationMarine TransportationOnshore Transportation and ServicesTotal

Item 8. Financial Statements and Supplementary Data

FAQ

What is Genesis Energy's onshore facilities and transportation — operating expenses?
Genesis Energy (GEL) reported onshore facilities and transportation — operating expenses of $63M in Q4 2025.
How has Genesis Energy's onshore facilities and transportation — operating expenses changed year-over-year?
Genesis Energy's onshore facilities and transportation — operating expenses decreased by 6.4% year-over-year, from $67.28M to $63M.
What is the long-term trend for Genesis Energy's onshore facilities and transportation — operating expenses?
Over 3 years (2022 to 2025), Genesis Energy's onshore facilities and transportation — operating expenses has grown at a 54.7% compound annual growth rate (CAGR), from $68.07M to $252.02M.
What does onshore facilities and transportation — operating expenses mean?
Represents the direct and indirect costs incurred to operate and maintain onshore midstream infrastructure, excluding the cost of products sold. This metric reflects the efficiency of managing facilities such as pipelines, terminals, and storage assets within the onshore segment.

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