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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and GENESIS ENERGY LP (GEL). Click either name above to swap in a different company.

GENESIS ENERGY LP is the larger business by last-quarter revenue ($440.8M vs $336.2M, roughly 1.3× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 4.5%, a 23.7% gap on every dollar of revenue. On growth, GENESIS ENERGY LP posted the faster year-over-year revenue change (10.5% vs 4.2%). Over the past eight quarters, GENESIS ENERGY LP's revenue compounded faster (0.7% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

Genesis Energy LP is a U.S.-based midstream energy limited partnership that operates critical infrastructure for crude oil, natural gas, refined petroleum products, and specialty industrial materials. Its core assets include pipelines, storage terminals, marine facilities, and rail logistics hubs, serving refineries, industrial clients, and energy distributors across North America.

FULT vs GEL — Head-to-Head

Bigger by revenue
GEL
GEL
1.3× larger
GEL
$440.8M
$336.2M
FULT
Growing faster (revenue YoY)
GEL
GEL
+6.3% gap
GEL
10.5%
4.2%
FULT
Higher net margin
FULT
FULT
23.7% more per $
FULT
28.2%
4.5%
GEL
Faster 2-yr revenue CAGR
GEL
GEL
Annualised
GEL
0.7%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
GEL
GEL
Revenue
$336.2M
$440.8M
Net Profit
$94.8M
$19.9M
Gross Margin
Operating Margin
20.4%
Net Margin
28.2%
4.5%
Revenue YoY
4.2%
10.5%
Net Profit YoY
1.9%
140.2%
EPS (diluted)
$0.55
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
GEL
GEL
Q1 26
$336.2M
Q4 25
$336.0M
$440.8M
Q3 25
$334.6M
$414.0M
Q2 25
$324.1M
$377.3M
Q1 25
$318.4M
$398.3M
Q4 24
$319.6M
$398.9M
Q3 24
$317.7M
$397.3M
Q2 24
$334.7M
$430.2M
Net Profit
FULT
FULT
GEL
GEL
Q1 26
$94.8M
Q4 25
$99.0M
$19.9M
Q3 25
$100.5M
$9.2M
Q2 25
$99.2M
$-406.0K
Q1 25
$93.0M
$-469.1M
Q4 24
$68.6M
$-49.4M
Q3 24
$63.2M
$-17.2M
Q2 24
$95.0M
$-8.7M
Operating Margin
FULT
FULT
GEL
GEL
Q1 26
Q4 25
35.7%
20.4%
Q3 25
38.2%
19.0%
Q2 25
37.8%
17.9%
Q1 25
36.1%
5.5%
Q4 24
27.0%
3.4%
Q3 24
25.1%
12.2%
Q2 24
30.8%
11.6%
Net Margin
FULT
FULT
GEL
GEL
Q1 26
28.2%
Q4 25
29.5%
4.5%
Q3 25
30.0%
2.2%
Q2 25
30.6%
-0.1%
Q1 25
29.2%
-117.8%
Q4 24
21.5%
-12.4%
Q3 24
19.9%
-4.3%
Q2 24
28.4%
-2.0%
EPS (diluted)
FULT
FULT
GEL
GEL
Q1 26
$0.55
Q4 25
$0.53
$0.04
Q3 25
$0.53
$-0.05
Q2 25
$0.53
$-0.12
Q1 25
$0.49
$-4.06
Q4 24
$0.36
$-0.58
Q3 24
$0.33
$-0.32
Q2 24
$0.52
$-0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
GEL
GEL
Cash + ST InvestmentsLiquidity on hand
$6.4M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$3.5B
Total Assets
$32.2B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
GEL
GEL
Q1 26
Q4 25
$6.4M
Q3 25
$4.9M
Q2 25
$4.5M
Q1 25
$377.4M
Q4 24
$7.4M
Q3 24
$13.0M
Q2 24
$13.7M
Total Debt
FULT
FULT
GEL
GEL
Q1 26
Q4 25
$3.0B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.4B
Q4 24
$3.7B
Q3 24
$4.0B
Q2 24
$3.9B
Stockholders' Equity
FULT
FULT
GEL
GEL
Q1 26
$3.5B
Q4 25
$3.5B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.1B
Total Assets
FULT
FULT
GEL
GEL
Q1 26
$32.2B
Q4 25
$32.1B
$4.9B
Q3 25
$32.0B
$4.9B
Q2 25
$32.0B
$4.8B
Q1 25
$32.1B
$5.2B
Q4 24
$32.1B
$7.0B
Q3 24
$32.2B
$7.1B
Q2 24
$31.8B
$7.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
GEL
GEL
Operating Cash FlowLast quarter
$110.8M
Free Cash FlowOCF − Capex
$87.0M
FCF MarginFCF / Revenue
19.7%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
5.58×
TTM Free Cash FlowTrailing 4 quarters
$65.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
GEL
GEL
Q1 26
Q4 25
$304.5M
$110.8M
Q3 25
$116.1M
$70.3M
Q2 25
$91.7M
$47.0M
Q1 25
$703.0K
$24.8M
Q4 24
$416.6M
$74.0M
Q3 24
$-22.0M
$87.3M
Q2 24
$157.8M
$104.7M
Free Cash Flow
FULT
FULT
GEL
GEL
Q1 26
Q4 25
$87.0M
Q3 25
$43.3M
Q2 25
$-7.6M
Q1 25
$-56.8M
Q4 24
$-47.1M
Q3 24
$-32.3M
Q2 24
$-67.5M
FCF Margin
FULT
FULT
GEL
GEL
Q1 26
Q4 25
19.7%
Q3 25
10.5%
Q2 25
-2.0%
Q1 25
-14.3%
Q4 24
-11.8%
Q3 24
-8.1%
Q2 24
-15.7%
Capex Intensity
FULT
FULT
GEL
GEL
Q1 26
Q4 25
5.4%
Q3 25
6.5%
Q2 25
14.5%
Q1 25
20.5%
Q4 24
30.3%
Q3 24
30.1%
Q2 24
40.0%
Cash Conversion
FULT
FULT
GEL
GEL
Q1 26
Q4 25
3.08×
5.58×
Q3 25
1.16×
7.63×
Q2 25
0.92×
Q1 25
0.01×
Q4 24
6.07×
Q3 24
-0.35×
Q2 24
1.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

GEL
GEL

Onshore Facilities And Transportation Revenue$204.2M46%
Offshore Pipeline Transportation Revenue$154.3M35%
Marine Transportation Revenue$82.2M19%

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