GEL (Genesis Energy LP) Piotroski F-Score: 7 (As of Aug. 17, 2026) — 17% Above Median

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GEL Genesis Energy LP GEL
60 GF Score
Price $16.00
GF Value $17.83
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Genesis Energy LP Piotroski F-Score?

Genesis Energy LP GEL +1.14% 60 Piotroski F-Score is 7 as of Aug. 17, 2026, which is 17% above its 10-year median of 6.00. 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 991 Oil & Gas companies, Genesis Energy LP ranks better than 89.51% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Genesis Energy LP has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Genesis Energy LP's Piotroski F-Score or its related term are showing as below:

GEL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Genesis Energy LP was 8. The lowest was 3. And the median was 6.

Genesis Energy LP  (NYSE:GEL) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Genesis Energy LP Piotroski F-Score Related Terms


Genesis Energy LP Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Genesis Energy LP's Piotroski F-Score 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 Piotroski F-Score Chart

Genesis Energy LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 8.00 7.00 5.00 4.00

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
Piotroski F-Score 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 5.00 5.00 4.00 7.00 7.00

GEL vs LPG, NGL, FLNG: Piotroski F-Score Comparison

For the Oil & Gas Midstream subindustry, Genesis Energy LP's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Genesis Energy LP's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Genesis Energy LP's Piotroski F-Score falls into.


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

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 9.207 + 19.871 + 6.8 + 42.857 = $79 Mil.
Cash Flow from Operations was 70.252 + 110.782 + 81.738 + 180.746 = $444 Mil.
Revenue was 414.001 + 440.755 + 446.555 + 531.995 = $1,833 Mil.
Gross Profit was 93.879 + 105.576 + 94.137 + 107.447 = $401 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(4838.538 + 4869.72 + 4860.703 + 4836.714 + 5412.757) / 5 = $4963.6864 Mil.
Total Assets at the begining of this year (Jun25) was $4,839 Mil.
Long-Term Debt & Capital Lease Obligation was $3,104 Mil.
Total Current Assets was $1,299 Mil.
Total Current Liabilities was $1,399 Mil.
Net Income was -17.177 + -49.379 + -469.075 + -0.406 = $-536 Mil.

Revenue was 397.291 + 398.917 + 398.311 + 377.348 = $1,572 Mil.
Gross Profit was 63.371 + 67.084 + 62.615 + 82.459 = $276 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(6951.302 + 7058.631 + 7037.692 + 5211.859 + 4838.538) / 5 = $6219.6044 Mil.
Total Assets at the begining of last year (Jun24) was $6,951 Mil.
Long-Term Debt & Capital Lease Obligation was $3,108 Mil.
Total Current Assets was $587 Mil.
Total Current Liabilities was $622 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Genesis Energy LP's current Net Income (TTM) was 79. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Genesis Energy LP's current Cash Flow from Operations (TTM) was 444. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=78.735/4838.538
=0.01627248

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-536.037/6951.302
=-0.07711318

Genesis Energy LP's return on assets of this year was 0.01627248. Genesis Energy LP's return on assets of last year was -0.07711318. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Genesis Energy LP's current Net Income (TTM) was 79. Genesis Energy LP's current Cash Flow from Operations (TTM) was 444. ==> 444 > 79 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=3104.316/4963.6864
=0.62540534

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=3107.515/6219.6044
=0.49963226

Genesis Energy LP's gearing of this year was 0.62540534. Genesis Energy LP's gearing of last year was 0.49963226. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=1299.391/1399.033
=0.92877795

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=587.308/621.905
=0.94436932

Genesis Energy LP's current ratio of this year was 0.92877795. Genesis Energy LP's current ratio of last year was 0.94436932. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Genesis Energy LP's number of shares in issue this year was 122.428. Genesis Energy LP's number of shares in issue last year was 122.464. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=401.039/1833.306
=0.21875181

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=275.529/1571.867
=0.17528773

Genesis Energy LP's gross margin of this year was 0.21875181. Genesis Energy LP's gross margin of last year was 0.17528773. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=1833.306/4838.538
=0.37889668

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1571.867/6951.302
=0.22612555

Genesis Energy LP's asset turnover of this year was 0.37889668. Genesis Energy LP's asset turnover of last year was 0.22612555. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Genesis Energy LP has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Genesis Energy LP (GEL) has a Piotroski F-Score of 7 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Genesis Energy LP and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Genesis Energy LP's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Genesis Energy LP ranks #104 out of 991 companies in the Oil & Gas industry, placing it in the top 10.5%.
Is Genesis Energy LP's Piotroski F-Score too high?
Genesis Energy LP's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Genesis Energy LP's value of 7 is 40% above this industry median. Based on the distribution chart, Genesis Energy LP ranks #104 out of 991 companies in the Oil & Gas industry, which is in the top quartile — a strong position 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 Piotroski F-Score compare to LPG and NGL?
According to the Oil & Gas industry distribution chart, Genesis Energy LP ranks #104 out of 991 companies for Piotroski F-Score. This places Genesis Energy LP in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Genesis Energy LP's value of 7 is 40% above this benchmark. Historically, Genesis Energy LP's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, 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 Piotroski F-Score for an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Genesis Energy LP's current Piotroski F-Score of 7 is 40% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Genesis Energy LP and its competitors. For the Oil & Gas industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy LP's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. 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 Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Oil & Gas industry median of 5.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Genesis Energy LP (GEL), the current Piotroski F-Score is 7 as of Aug. 17, 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:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $17.83 vs. price of $16.00 (10.3% below fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 40% above the Oil & Gas median (#104 of 991)

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

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.00
Price
$17.83
GF Value