GEL (Genesis Energy LP) Debt-to-EBITDA : 4.35 (As of Jun. 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GEL Genesis Energy LP GEL
60 GF Score
Price $16.00
GF Value $17.83
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Genesis Energy LP Debt-to-EBITDA?

Genesis Energy LP GEL +1.14% 60 Debt-to-EBITDA is 4.35 as of Jun. 2026, which is 36% below its 10-year median of 6.75. GuruFocus rates GEL with a GF Score™ of 60/100 and a GF Value™ of $17.83 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 720 Oil & Gas companies, Genesis Energy LP ranks worse than 81.81% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Genesis Energy LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $100 Mil. Genesis Energy LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3,104 Mil. Genesis Energy LP's annualized EBITDA for the quarter that ended in Jun. 2026 was $737 Mil. Genesis Energy LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.35.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Genesis Energy LP's Debt-to-EBITDA or its related term are showing as below:

GEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.06   Med: 6.75   Max: 31.98
Current: 5.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Genesis Energy LP was 31.98. The lowest was 5.06. And the median was 6.75.

GEL's Debt-to-EBITDA is ranked worse than
81.81% of 720 companies
in the Oil & Gas industry
Industry Median: 1.925 vs GEL: 5.06

Genesis Energy LP  (NYSE:GEL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Genesis Energy LP Debt-to-EBITDA Related Terms


Genesis Energy LP Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Genesis Energy LP's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Genesis Energy LP Debt-to-EBITDA Chart

Genesis Energy LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.32 5.29 6.86 7.24 5.67

Genesis Energy LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.18 5.39 4.70 5.54 4.35

GEL vs LPG, NGL, FLNG: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Genesis Energy LP's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genesis Energy LP Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Genesis Energy LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Genesis Energy LP's Debt-to-EBITDA falls into.


GEL
60GF Score
Genesis Energy LP GEL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genesis Energy LP Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Genesis Energy LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3046.815) / 537.216
=5.67

Genesis Energy LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(99.5 + 3104.316) / 736.572
=4.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.35 mean?
Genesis Energy LP (GEL) has a Debt-to-EBITDA of 4.35 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Genesis Energy LP. This is 36% below median its historical median of 6.75. Over the past decade, Genesis Energy LP's Debt-to-EBITDA has ranged from 5.06 to 31.98. According to the industry distribution chart, Genesis Energy LP ranks #589 out of 720 companies in the Oil & Gas industry, placing it in the top 81.8%.
Is Genesis Energy LP's Debt-to-EBITDA too high?
Genesis Energy LP's current Debt-to-EBITDA of 4.35 is 36% below median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 31.98. The Oil & Gas industry median Debt-to-EBITDA is 1.93. Genesis Energy LP's value of 4.35 is 126% above this industry median. Based on the distribution chart, Genesis Energy LP ranks #589 out of 720 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Genesis Energy LP has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genesis Energy LP's Debt-to-EBITDA compare to LPG and NGL?
According to the Oil & Gas industry distribution chart, Genesis Energy LP ranks #589 out of 720 companies for Debt-to-EBITDA. This places Genesis Energy LP in the lower half of its industry. The industry median Debt-to-EBITDA is 1.93. Genesis Energy LP's value of 4.35 is 126% above this benchmark. Historically, Genesis Energy LP's own Debt-to-EBITDA has ranged from 5.06 to 31.98 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 1.93, Genesis Energy LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.93, based on 720 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Genesis Energy LP's current Debt-to-EBITDA of 4.35 is 126% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Genesis Energy LP. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy LP's current Debt-to-EBITDA is 4.35, which is 36% below median its own 10-year median of 6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Energy LP stock overvalued right now?
Based on GuruFocus' analysis, Genesis Energy LP (GEL) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.83, compared to a current price of $16.00 — trading 10.3% below its estimated fair value. The current Debt-to-EBITDA is 4.35, which is 36% below median its 10-year median of 6.75 and 126% above the Oil & Gas industry median of 1.93. Genesis Energy LP's overall GF Score™ is 60/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Genesis Energy LP (GEL), the current Debt-to-EBITDA is 4.35 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Genesis Energy LP (GEL) Overvalued in 2026?

Based on GuruFocus' analysis, Genesis Energy LP stock appears to be undervalued. The current stock price of $16.00 is trading 10.3% below its estimated GF Value™ of $17.83. GuruFocus considers Genesis Energy LP to be Modestly Undervalued.

Key valuation signals for GEL:

  • Debt-to-EBITDA: 4.35 (36% below median its 10-year median of 6.75)
  • GF Value™: $17.83 vs. price of $16.00 (10.3% below fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 126% above the Oil & Gas median (#589 of 720)

No single metric tells the full story. See the GEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Genesis Energy LP Business Description

Industry EnergyOil & Gas
Address 811 Louisiana, Suite 1200, Houston, TX, USA, 77002
Genesis Energy LP focuses on the midstream segment of the crude oil and natural gas industry. It offers various services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are: Offshore pipeline transportation, Marine transportation, and Onshore transportation and services. Maximum revenue is generated from the Offshore pipeline transportation segment, which includes the transportation and processing of crude oil and natural gas in the Gulf of America. The Marine transportation segment provides waterborne transportation of petroleum products and crude oil throughout North America; and the Onshore transportation and services segment deals with crude oil logistics, sour gas processing, and sells sulfur byproducts.
60GF Score

Get the complete analysis for GEL

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.00
Price
$17.83
GF Value