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Genesis Energy LPGEL +1.14%60 Pretax Margin % is 10.68% as of Jun. 2026, which is 354% above its 10-year median of 2.35. 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 54.31% on this metric.
Genesis Energy LP (NYSE:GEL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Genesis Energy LP Pretax Margin % Related Terms
Genesis Energy LP Pretax Margin % Historical Data
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The historical data trend for Genesis Energy LP's Pretax 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 Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Genesis Energy LP's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Genesis Energy LP's Pretax 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.
Genesis Energy LP (GEL) has a Pretax Margin % of 10.68% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Genesis Energy LP and its competitors. This is 354% above median its historical median of 2.35. According to the industry distribution chart, Genesis Energy LP ranks #424 out of 928 companies in the Oil & Gas industry, placing it in the top 45.7%.
Is Genesis Energy LP's Pretax Margin % too high?
Genesis Energy LP's current Pretax Margin % of 10.68% is 354% above median its 10-year median of 2.35. The Oil & Gas industry median Pretax Margin % is 6.15. Genesis Energy LP's value of 10.68% is 73.8% above this industry median. Based on the distribution chart, Genesis Energy LP ranks #424 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 Pretax Margin % compare to LPG and NGL?
According to the Oil & Gas industry distribution chart, Genesis Energy LP ranks #424 out of 928 companies for Pretax Margin %. This puts Genesis Energy LP in the upper half of its industry. The industry median Pretax Margin % is 6.15. Genesis Energy LP's value of 10.68% is 73.8% above this benchmark. While the company's 10-year median is 2.35 vs. the industry median of 6.15, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 6.15, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Genesis Energy LP's current Pretax Margin % of 10.68% is 73.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Genesis Energy LP and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy LP's current Pretax Margin % is 10.68%, which is 354% above median its own 10-year median of 2.35. 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 Pretax Margin % is 10.68%, which is 354% above median its 10-year median of 2.35 and 73.8% above the Oil & Gas industry median of 6.15. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Genesis Energy LP (GEL), the current Pretax Margin % is 10.68% 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:
Pretax Margin %: 10.68% (354% above median its 10-year median of 2.35)
GF Value™: $17.83 vs. price of $16.00 (10.3% below fair value)
Industry Position: 73.8% above the Oil & Gas median (#424 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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