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Side-by-side financial comparison of GENESIS ENERGY LP (GEL) and BOSTON BEER CO INC (SAM). Click either name above to swap in a different company.

BOSTON BEER CO INC is the larger business by last-quarter revenue ($461.6M vs $440.8M, roughly 1.0× GENESIS ENERGY LP). On growth, GENESIS ENERGY LP posted the faster year-over-year revenue change (10.5% vs -4.1%). Over the past eight quarters, GENESIS ENERGY LP's revenue compounded faster (0.7% CAGR vs -10.7%).

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.

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

GEL vs SAM — Head-to-Head

Bigger by revenue
SAM
SAM
1.0× larger
SAM
$461.6M
$440.8M
GEL
Growing faster (revenue YoY)
GEL
GEL
+14.6% gap
GEL
10.5%
-4.1%
SAM
Faster 2-yr revenue CAGR
GEL
GEL
Annualised
GEL
0.7%
-10.7%
SAM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GEL
GEL
SAM
SAM
Revenue
$440.8M
$461.6M
Net Profit
$19.9M
Gross Margin
46.4%
Operating Margin
20.4%
12.4%
Net Margin
4.5%
Revenue YoY
10.5%
-4.1%
Net Profit YoY
140.2%
EPS (diluted)
$0.04
$2.16

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
GEL
GEL
SAM
SAM
Q1 26
$461.6M
Q4 25
$440.8M
$385.7M
Q3 25
$414.0M
$537.5M
Q2 25
$377.3M
$587.9M
Q1 25
$398.3M
$453.9M
Q4 24
$398.9M
$402.3M
Q3 24
$397.3M
$605.5M
Q2 24
$430.2M
$579.1M
Net Profit
GEL
GEL
SAM
SAM
Q1 26
Q4 25
$19.9M
$-22.5M
Q3 25
$9.2M
$46.2M
Q2 25
$-406.0K
$60.4M
Q1 25
$-469.1M
$24.4M
Q4 24
$-49.4M
$-38.8M
Q3 24
$-17.2M
$33.5M
Q2 24
$-8.7M
$52.3M
Gross Margin
GEL
GEL
SAM
SAM
Q1 26
46.4%
Q4 25
43.5%
Q3 25
50.8%
Q2 25
49.8%
Q1 25
48.3%
Q4 24
39.9%
Q3 24
46.3%
Q2 24
46.0%
Operating Margin
GEL
GEL
SAM
SAM
Q1 26
12.4%
Q4 25
20.4%
-8.6%
Q3 25
19.0%
11.5%
Q2 25
17.9%
14.0%
Q1 25
5.5%
7.4%
Q4 24
3.4%
-13.9%
Q3 24
12.2%
7.6%
Q2 24
11.6%
12.2%
Net Margin
GEL
GEL
SAM
SAM
Q1 26
Q4 25
4.5%
-5.8%
Q3 25
2.2%
8.6%
Q2 25
-0.1%
10.3%
Q1 25
-117.8%
5.4%
Q4 24
-12.4%
-9.6%
Q3 24
-4.3%
5.5%
Q2 24
-2.0%
9.0%
EPS (diluted)
GEL
GEL
SAM
SAM
Q1 26
$2.16
Q4 25
$0.04
$-1.97
Q3 25
$-0.05
$4.25
Q2 25
$-0.12
$5.45
Q1 25
$-4.06
$2.16
Q4 24
$-0.58
$-3.23
Q3 24
$-0.32
$2.86
Q2 24
$-0.25
$4.39

Balance Sheet & Financial Strength

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

Metric
GEL
GEL
SAM
SAM
Cash + ST InvestmentsLiquidity on hand
$6.4M
$164.1M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$682.6M
Total Assets
$4.9B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEL
GEL
SAM
SAM
Q1 26
$164.1M
Q4 25
$6.4M
$223.4M
Q3 25
$4.9M
$250.5M
Q2 25
$4.5M
$212.4M
Q1 25
$377.4M
$152.5M
Q4 24
$7.4M
$211.8M
Q3 24
$13.0M
$255.6M
Q2 24
$13.7M
$219.3M
Total Debt
GEL
GEL
SAM
SAM
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
GEL
GEL
SAM
SAM
Q1 26
$682.6M
Q4 25
$846.3M
Q3 25
$911.0M
Q2 25
$912.3M
Q1 25
$897.0M
Q4 24
$916.2M
Q3 24
$1.0B
Q2 24
$1.0B
Total Assets
GEL
GEL
SAM
SAM
Q1 26
$1.2B
Q4 25
$4.9B
$1.2B
Q3 25
$4.9B
$1.2B
Q2 25
$4.8B
$1.3B
Q1 25
$5.2B
$1.2B
Q4 24
$7.0B
$1.3B
Q3 24
$7.1B
$1.4B
Q2 24
$7.0B
$1.4B

Cash Flow & Capital Efficiency

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

Metric
GEL
GEL
SAM
SAM
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
GEL
GEL
SAM
SAM
Q1 26
Q4 25
$110.8M
$39.9M
Q3 25
$70.3M
$101.8M
Q2 25
$47.0M
$126.5M
Q1 25
$24.8M
$1.9M
Q4 24
$74.0M
$41.9M
Q3 24
$87.3M
$115.9M
Q2 24
$104.7M
$96.0M
Free Cash Flow
GEL
GEL
SAM
SAM
Q1 26
Q4 25
$87.0M
$22.1M
Q3 25
$43.3M
$89.2M
Q2 25
$-7.6M
$112.2M
Q1 25
$-56.8M
$-8.0M
Q4 24
$-47.1M
$18.4M
Q3 24
$-32.3M
$99.2M
Q2 24
$-67.5M
$75.6M
FCF Margin
GEL
GEL
SAM
SAM
Q1 26
Q4 25
19.7%
5.7%
Q3 25
10.5%
16.6%
Q2 25
-2.0%
19.1%
Q1 25
-14.3%
-1.8%
Q4 24
-11.8%
4.6%
Q3 24
-8.1%
16.4%
Q2 24
-15.7%
13.1%
Capex Intensity
GEL
GEL
SAM
SAM
Q1 26
Q4 25
5.4%
4.6%
Q3 25
6.5%
2.3%
Q2 25
14.5%
2.4%
Q1 25
20.5%
2.2%
Q4 24
30.3%
5.8%
Q3 24
30.1%
2.8%
Q2 24
40.0%
3.5%
Cash Conversion
GEL
GEL
SAM
SAM
Q1 26
Q4 25
5.58×
Q3 25
7.63×
2.21×
Q2 25
2.09×
Q1 25
0.08×
Q4 24
Q3 24
3.46×
Q2 24
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GEL
GEL

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

SAM
SAM

Segment breakdown not available.

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