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Genesis Energy LPGEL +1.14%60 Operating Margin % is 16.54% as of Jun. 2026, which is 59% above its 10-year median of 10.43. 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 928 Oil & Gas companies, Genesis Energy LP ranks better than 69.29% on this metric.
Genesis Energy LP (NYSE:GEL) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Genesis Energy LP Operating Margin % Related Terms
Genesis Energy LP Operating Margin % Historical Data
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The historical data trend for Genesis Energy LP's Operating 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.
GEL vs LPG, NGL, FLNG: Operating Margin % Comparison
For the Oil & Gas Midstream subindustry, Genesis Energy LP's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Genesis Energy LP's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Genesis Energy LP's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Genesis Energy LP's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (GEL) has a Operating Margin % of 16.54% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Genesis Energy LP and its competitors. This is 59% above median its historical median of 10.43. Over the past decade, Genesis Energy LP's Operating Margin % has ranged from 3.12 to 18.17. According to the industry distribution chart, Genesis Energy LP ranks #285 out of 928 companies in the Oil & Gas industry, placing it in the top 30.7%.
Is Genesis Energy LP's Operating Margin % too high?
Genesis Energy LP's current Operating Margin % of 16.54% is 59% above median its 10-year median of 10.43. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 18.17. The Oil & Gas industry median Operating Margin % is 7.56. Genesis Energy LP's value of 16.54% is 118.8% above this industry median. Based on the distribution chart, Genesis Energy LP ranks #285 out of 928 companies in the Oil & Gas industry, which is above 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 Operating Margin % compare to LPG and NGL?
According to the Oil & Gas industry distribution chart, Genesis Energy LP ranks #285 out of 928 companies for Operating Margin %. This puts Genesis Energy LP in the upper half of its industry. The industry median Operating Margin % is 7.56. Genesis Energy LP's value of 16.54% is 118.8% above this benchmark. Historically, Genesis Energy LP's own Operating Margin % has ranged from 3.12 to 18.17 over the past decade. While the company's 10-year median is 10.43 vs. the industry median of 7.56, 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 Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 7.56, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Genesis Energy LP's current Operating Margin % of 16.54% is 118.8% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Genesis Energy LP and its competitors. For the Oil & Gas industry, the median Operating Margin % is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy LP's current Operating Margin % is 16.54%, which is 59% above median its own 10-year median of 10.43. 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 Operating Margin % is 16.54%, which is 59% above median its 10-year median of 10.43 and 118.8% above the Oil & Gas industry median of 7.56. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Genesis Energy LP (GEL), the current Operating Margin % is 16.54% 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:
Operating Margin %: 16.54% (59% above median its 10-year median of 10.43)
GF Value™: $17.83 vs. price of $16.00 (10.3% below fair value)
Industry Position: 118.8% above the Oil & Gas median (#285 of 928)
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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