Genesis Energy LP income statement
In fiscal 2025, Genesis Energy LP reported revenue of $1.63bn, down 1.8% on the year before, operating income of $258m (a 15.8% margin) and net income of −$440m, or −$4.19 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,435 | 2,101 | 2,438 | 3,367 | 4,135 | 3,846 | 2,247 | 1,712 | 2,028 | 2,913 | 2,481 | 1,825 | 2,125 | 2,789 | 1,721 | 1,661 | 1,630 | 1,833 |
| General and administrative | 40 | 113 | 34 | 42 | 47 | 51 | 65 | 46 | 66 | 67 | 53 | 57 | 61 | 67 | 65 | 58 | 86 | 68 |
| Operating income | 21 | −27 | 83 | 115 | 111 | 133 | 157 | 206 | 221 | 170 | 273 | −246 | 76 | 315 | 205 | 170 | 258 | 351 |
| Interest expense | 14 | 36 | 36 | 41 | — | — | — | — | — | — | — | — | — | −226 | −245 | −287 | — | — |
| Net interest income | — | — | −36 | −41 | −49 | −67 | −101 | −140 | −177 | −229 | −219 | −210 | −234 | 226 | −219 | −262 | −265 | −269 |
| Income before tax | 9 | −48 | 50 | 88 | 85 | 109 | 426 | 114 | 78 | −10 | 101 | −399 | — | — | 48 | −49 | 31 | 133 |
| Income tax | 3 | 3 | −1 | −9 | 1 | 3 | 4 | 3 | −4 | 1 | 1 | 1 | 2 | 3 | 0 | 2 | 1 | 1 |
| Net income | 8 | −48 | 51 | 96 | 86 | 106 | 423 | 113 | 83 | −6 | 96 | −417 | −165 | 75 | 118 | −64 | −440 | 79 |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | $0.18 | −$4.01 | −$1.96 | −$0.04 | $0.22 | −$1.24 | −$4.19 | $0.64 |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | — | 123m | 123m | 123m | 123m | 123m | 122m | 122m | 122m |
| EBITDA | 84 | 26 | 145 | 176 | 176 | 223 | 307 | 429 | 473 | 483 | 593 | 49 | 385 | 611 | 485 | 483 | 509 | 597 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 397 | 399 | 398 | 377 | 414 | 441 | 447 | 532 |
| General and administrative | 15 | 11 | 41 | 15 | 15 | 16 | 18 | 19 |
| Operating income | 49 | 14 | 22 | 68 | 79 | 90 | 77 | 105 |
| Net interest income | −66 | −69 | −70 | −61 | −66 | −68 | −68 | −67 |
| Income before tax | −5 | −52 | −36 | 10 | 23 | 34 | 19 | 57 |
| Income tax | −1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −17 | −49 | −469 | −0 | 9 | 20 | 7 | 43 |
| Diluted EPS | −$0.32 | −$0.58 | −$4.06 | −$0.12 | −$0.05 | $0.04 | −$0.06 | $0.26 |
| EBITDA | 130 | 93 | 97 | 127 | 138 | 153 | 136 | 171 |
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