Genesis Energy LP vs South Bow
South Bow is the larger business, with $1.99bn of revenue in fiscal 2025 against $1.63bn for Genesis Energy LP (1.2 times as much). Genesis Energy LP grew faster (-1.8% against -6.3%). South Bow kept more of each dollar of sales as profit: a net margin of 21.8% against -27.0%.
| Latest fiscal year | Genesis Energy LPGEL, 2025 | South BowSOBO, 2025 |
|---|---|---|
| Revenue | $1.63bn | $1.99bn |
| Revenue growth | -1.8% | -6.3% |
| Net income | −$440m | $433m |
| Operating margin | — | — |
| Net margin | -27.0% | 21.8% |
| Return on equity | — | 16.3% |
| Free cash flow | $65.9m | $539m |
| Cash | $6.4m | $549m |
| Total debt | $3.10bn | $5.81bn |
| Debt to equity | — | 214.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | — |
| Employees | 1,061 | — |
| Market value | $1.75bn | $7.25bn |
| Price vs our value range | — | — |
| Moat score | 14 (Weak) | — |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |