Genesis Income Tax Expense from 2010 to 2024

GEL Stock  USD 11.98  0.18  1.53%   
Genesis Energy Income Tax Expense yearly trend continues to be quite stable with very little volatility. Income Tax Expense may rise above about -18.1 K this year. From the period between 2010 and 2024, Genesis Energy, Income Tax Expense regression line of its data series had sample variance of 10.9 T and sample variance of 10.9 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1996-03-31
Previous Quarter
22 K
Current Value
-846 K
Quarterly Volatility
1.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genesis Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genesis Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 294.2 M, Interest Expense of 256.9 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.14 or PTB Ratio of 1.11. Genesis financial statements analysis is a perfect complement when working with Genesis Energy Valuation or Volatility modules.
  
Check out the analysis of Genesis Energy Correlation against competitors.

Latest Genesis Energy's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Genesis Energy LP over the last few years. It is Genesis Energy's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genesis Energy's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Genesis Income Tax Expense Regression Statistics

Arithmetic Mean347,997
Coefficient Of Variation950.89
Mean Deviation2,160,804
Median845,000
Standard Deviation3,309,074
Sample Variance10.9T
Range13.2M
R-Value0.28
Mean Square Error10.9T
R-Squared0.08
Significance0.32
Slope203,820
Total Sum of Squares153.3T

Genesis Income Tax Expense History

2024-18.1 K
2023-19 K
20223.2 M
20211.7 M
20201.3 M
2019655 K
20181.5 M

About Genesis Energy Financial Statements

Genesis Energy investors utilize fundamental indicators, such as Income Tax Expense, to predict how Genesis Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense-19 K-18.1 K

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When determining whether Genesis Energy LP is a strong investment it is important to analyze Genesis Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genesis Energy's future performance. For an informed investment choice regarding Genesis Stock, refer to the following important reports:
Check out the analysis of Genesis Energy Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesis Energy. If investors know Genesis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesis Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.586
Dividend Share
0.615
Earnings Share
(0.74)
Revenue Per Share
24.612
Quarterly Revenue Growth
(0.12)
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.