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Genesis Energy LPGEL +1.14%60 Gross Margin % is 20.20% as of Jun. 2026, which is 59% above its 10-year median of 12.69. 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 880 Oil & Gas companies, Genesis Energy LP ranks worse than 57.39% on this metric.
Genesis Energy LP (NYSE:GEL) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Genesis Energy LP had a gross margin of 20.20% for the quarter that ended in Jun. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Genesis Energy LP Gross Margin % Related Terms
Genesis Energy LP Gross Margin % Historical Data
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The historical data trend for Genesis Energy LP's Gross Margin % 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.
For the Oil & Gas Midstream subindustry, Genesis Energy LP's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Genesis Energy LP's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Genesis Energy LP's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Genesis Energy LP (GEL) has a Gross Margin % of 20.20% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Genesis Energy LP and its competitors. This is 59% above median its historical median of 12.69. Over the past decade, Genesis Energy LP's Gross Margin % has ranged from 6.24 to 21.88. According to the industry distribution chart, Genesis Energy LP ranks #505 out of 880 companies in the Oil & Gas industry, placing it in the top 57.4%.
Is Genesis Energy LP's Gross Margin % too high?
Genesis Energy LP's current Gross Margin % of 20.20% is 59% above median its 10-year median of 12.69. Over the past 10 years, this metric has ranged from a low of 6.24 to a high of 21.88. The Oil & Gas industry median Gross Margin % is 26.76. Genesis Energy LP's value of 20.20% is 24.5% below this industry median. Based on the distribution chart, Genesis Energy LP ranks #505 out of 880 companies in the Oil & Gas industry, which is below the industry midpoint. 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 Gross Margin % compare to LPG and NGL?
According to the Oil & Gas industry distribution chart, Genesis Energy LP ranks #505 out of 880 companies for Gross Margin %. This places Genesis Energy LP in the lower half of its industry. The industry median Gross Margin % is 26.76. Genesis Energy LP's value of 20.20% is 24.5% below this benchmark. Historically, Genesis Energy LP's own Gross Margin % has ranged from 6.24 to 21.88 over the past decade. While the company's 10-year median is 12.69 vs. the industry median of 26.76, Genesis Energy LP has consistently been below 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 Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 26.76, based on 880 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Genesis Energy LP's current Gross Margin % of 20.20% is 24.5% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Genesis Energy LP and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy LP's current Gross Margin % is 20.20%, which is 59% above median its own 10-year median of 12.69. 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 Gross Margin % is 20.20%, which is 59% above median its 10-year median of 12.69 and 24.5% below the Oil & Gas industry median of 26.76. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Genesis Energy LP (GEL), the current Gross Margin % is 20.20% 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:
Gross Margin %: 20.20% (59% above median its 10-year median of 12.69)
GF Value™: $17.83 vs. price of $16.00 (10.3% below fair value)
Industry Position: 24.5% below the Oil & Gas median (#505 of 880)
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 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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