Genie Energy (GNE) Financials

$15.14 +0.04 (+0.26%)

Closing price 03:59 PM Eastern

Extended Trading

$15.12 -0.02 (-0.13%)

As of 05:39 PM Eastern

Annual Income Statements for Genie Energy

This table shows Genie Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	86	19	13
Consolidated Net Income / (Loss)	87	20	12
Net Income / (Loss) Continuing Operations	56	14	15
Total Pre-Tax Income	78	18	20
Total Operating Income	78	10	11
Total Gross Profit	155	146	138
Total Revenue	316	429	425
Operating Revenue	316	429	425
Total Cost of Revenue	161	283	287
Operating Cost of Revenue	161	283	287
Total Operating Expenses	77	136	127
Selling, General & Admin Expense	75	91	93
Other Operating Expenses / (Income)	0.00	45	34
Impairment Charge	2.07	0.00	0.19
Total Other Income / (Expense), net	-0.23	8.10	8.58
Interest Expense	0.13	0.10	0.46
Interest & Investment Income	0.42	5.55	7.42
Other Income / (Expense), net	-0.52	2.64	1.62
Income Tax Expense	21	4.24	4.67
Net Income / (Loss) Discontinued Operations	30	6.41	-2.91
Preferred Stock Dividends Declared	1.94	0.33	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.87	0.74	-0.29
Basic Earnings per Share	$3.35	$0.75	$0.47
Weighted Average Basic Shares Outstanding	25.63M	25.55M	26.76M
Diluted Earnings per Share	$3.26	$0.74	$0.46
Weighted Average Diluted Shares Outstanding	26.37M	26.06M	27.16M
Weighted Average Basic & Diluted Shares Outstanding	26.01M	27.36M	27.01M
Cash Dividends to Common per Share	$0.30	$0.30	$0.30

This table shows Genie Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	18	16	14	15	14	-25	8.12	9.61	10	-15
Consolidated Net Income / (Loss)	16	17	14	15	14	-24	8.17	9.36	10	-15
Net Income / (Loss) Continuing Operations	17	12	11	12	15	-24	8.43	9.50	10	-13
Total Pre-Tax Income	24	17	15	16	20	-33	11	13	14	-19
Total Operating Income	24	15	11	15	18	-34	9.85	11	12	-21
Total Gross Profit	43	35	33	38	41	34	34	33	38	33
Total Revenue	81	81	105	93	125	105	120	91	112	103
Operating Revenue	81	81	105	93	125	105	120	91	112	103
Total Cost of Revenue	38	47	72	55	84	71	86	57	74	69
Operating Cost of Revenue	38	47	72	55	84	71	86	57	74	69
Total Operating Expenses	20	19	22	23	23	68	24	23	26	54
Selling, General & Admin Expense	20	17	22	23	23	23	23	22	25	23
Other Operating Expenses / (Income)	-	-	0.00	0.00	0.00	45	1.04	0.64	0.99	31
Total Other Income / (Expense), net	0.37	1.10	4.13	1.00	1.63	1.34	1.51	2.40	2.50	2.17
Interest Expense	0.03	-0.01	0.02	0.03	0.03	0.02	0.03	0.33	0.02	0.08
Interest & Investment Income	0.19	0.96	0.90	1.13	1.67	1.86	1.46	1.47	2.47	2.03
Other Income / (Expense), net	0.21	0.14	3.25	-0.10	-0.00	-0.49	0.08	1.26	0.06	0.22
Income Tax Expense	6.48	4.25	4.07	3.87	5.02	-8.71	2.92	3.47	3.92	-5.64
Net Income / (Loss) Discontinued Operations	-1.46	4.52	3.06	3.17	-0.30	0.49	-0.27	-0.15	-0.03	-2.47
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.80	0.18	-0.04	0.18	-0.26	0.86	0.05	-0.26	0.03	-0.11
Basic Earnings per Share	$0.73	$0.61	$0.56	$0.58	$0.54	($0.93)	$0.30	$0.36	$0.38	($0.57)
Weighted Average Basic Shares Outstanding	25.23M	25.63M	25.33M	25.71M	26.62M	25.55M	26.79M	26.57M	26.53M	26.76M
Diluted Earnings per Share	$0.70	$0.59	$0.54	$0.57	$0.53	($0.90)	$0.30	$0.36	$0.38	($0.58)
Weighted Average Diluted Shares Outstanding	26.21M	26.37M	26.62M	26.32M	27.36M	26.06M	27.30M	27.03M	26.87M	27.16M
Weighted Average Basic & Diluted Shares Outstanding	25.89M	26.01M	26.01M	27.46M	27.42M	27.36M	27.13M	26.89M	27.20M	27.01M
Cash Dividends to Common per Share	$0.08	$0.07	$0.08	$0.08	$0.08	$0.07	$0.08	$0.08	$0.08	$0.07

This table details how cash moves in and out of Genie Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	5.86	61	39
Net Cash From Operating Activities	81	62	71
Net Cash From Continuing Operating Activities	66	51	60
Net Income / (Loss) Continuing Operations	56	14	15
Consolidated Net Income / (Loss)	87	20	12
Net Income / (Loss) Discontinued Operations	30	6.41	-2.91
Depreciation Expense	0.39	0.46	0.88
Non-Cash Adjustments To Reconcile Net Income	7.98	52	38
Changes in Operating Assets and Liabilities, net	1.15	-16	6.02
Net Cash From Discontinued Operating Activities	15	12	10
Net Cash From Investing Activities	-49	14	-16
Net Cash From Continuing Investing Activities	-5.23	-10	-16
Purchase of Property, Plant & Equipment	-1.02	-1.36	-6.70
Acquisitions	0.00	-7.67	-1.34
Purchase of Investments	-2.73	-11	-7.38
Sale and/or Maturity of Investments	0.00	10	0.58
Other Investing Activities, net	-1.49	0.02	-1.20
Net Cash From Discontinued Investing Activities	-44	24	0.00
Net Cash From Financing Activities	-26	-15	-16
Net Cash From Continuing Financing Activities	-26	-15	-16
Repurchase of Preferred Equity	-11	-8.36	0.00
Repurchase of Common Equity	-4.98	-2.93	-15
Payment of Dividends	-9.16	-8.87	-8.21
Issuance of Debt	0.00	0.00	7.29
Other Financing Activities, net	0.00	5.00	0.00
Effect of Exchange Rate Changes	0.02	-0.06	0.01
Cash Interest Paid	0.12	0.09	0.10
Cash Income Taxes Paid	8.57	21	3.63

This table details how cash moves in and out of Genie Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	26	15	3.79	5.25	32	20	-0.57	14	14	11
Net Cash From Operating Activities	26	28	11	9.01	32	10	13	20	24	13
Net Cash From Continuing Operating Activities	19	21	1.52	3.05	28	18	8.72	18	23	11
Net Income / (Loss) Continuing Operations	17	12	11	12	15	-24	8.43	9.50	10	-13
Consolidated Net Income / (Loss)	16	17	14	15	14	-24	8.17	9.36	10	-15
Net Income / (Loss) Discontinued Operations	-1.46	4.52	3.06	3.17	-0.30	0.49	-0.27	-0.15	-0.03	-2.47
Depreciation Expense	0.10	0.10	0.12	0.08	0.10	0.18	0.22	0.20	0.23	0.24
Non-Cash Adjustments To Reconcile Net Income	1.32	2.80	1.35	1.53	1.54	48	2.88	1.30	1.84	32
Changes in Operating Assets and Liabilities, net	0.18	5.82	-11	-11	12	-5.61	-2.82	6.61	11	-8.30
Net Cash From Discontinued Operating Activities	6.51	6.53	9.71	5.96	3.79	-7.92	4.21	2.80	1.56	1.91
Net Cash From Investing Activities	3.89	-1.54	-4.16	2.60	3.39	12	-5.84	-1.30	-4.40	-4.49
Net Cash From Continuing Investing Activities	-1.62	-1.39	-4.16	2.60	0.81	-9.26	-5.84	-1.30	-4.40	-4.49
Purchase of Property, Plant & Equipment	-1.00	0.04	-0.10	-0.46	-0.32	-0.49	-1.21	-0.36	-2.46	-2.67
Purchase of Investments	-0.50	-1.43	-4.56	-4.75	-0.60	-1.11	-2.09	-0.95	-1.93	-2.40
Sale and/or Maturity of Investments	-	-	0.34	7.67	2.01	-	0.00	-	-	0.58
Other Investing Activities, net	-0.12	0.02	0.00	-	-	0.02	-2.54	-	-	1.34
Net Cash From Financing Activities	-3.56	-11	-3.27	-6.32	-2.92	-2.64	-7.73	-4.60	-6.14	2.71
Net Cash From Continuing Financing Activities	-3.56	-11	-3.27	-6.32	-2.92	-2.64	-7.73	-4.60	-6.14	2.71
Repurchase of Common Equity	-0.34	-0.16	-0.17	-1.31	-0.86	-0.59	-5.61	-2.56	-4.12	-2.54
Payment of Dividends	-2.23	-2.26	-2.11	-2.66	-2.06	-2.06	-2.12	-2.03	-2.02	-2.04
Effect of Exchange Rate Changes	0.11	0.03	-0.01	-0.03	0.10	-0.12	0.07	-0.21	0.02	0.13

This table presents Genie Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	278	331	371
Total Current Assets	228	230	227
Cash & Equivalents	99	108	104
Restricted Cash	6.01	10	27
Short-Term Investments	0.49	0.40	0.36
Accounts Receivable	55	62	62
Inventories, net	16	15	12
Prepaid Expenses	6.82	16	9.89
Other Current Assets	6.21	5.48	8.49
Other Current Nonoperating Assets	39	13	3.59
Plant, Property, & Equipment, net	0.89	15	25
Total Noncurrent Assets	49	86	119
Goodwill	10.00	10.00	13
Intangible Assets	3.13	2.74	2.37
Noncurrent Deferred & Refundable Income Taxes	5.80	5.20	7.06
Other Noncurrent Operating Assets	14	60	92
Other Noncurrent Nonoperating Assets	16	7.41	4.47
Total Liabilities & Shareholders' Equity	278	331	371
Total Liabilities	104	146	192
Total Current Liabilities	99	98	110
Accounts Payable	25	28	31
Accrued Expenses	36	50	58
Current Deferred & Payable Income Tax Liabilities	23	6.70	9.20
Other Current Liabilities	4.71	9.28	6.89
Other Current Nonoperating Liabilities	11	4.86	4.59
Total Noncurrent Liabilities	4.77	48	82
Long-Term Debt	-	0.00	8.67
Other Noncurrent Operating Liabilities	4.09	47	73
Other Noncurrent Nonoperating Liabilities	0.69	0.64	0.71
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	174	185	180
Total Preferred & Common Equity	187	197	191
Preferred Stock	8.36	0.00	0.00
Total Common Equity	179	197	191
Common Stock	147	156	160
Retained Earnings	49	60	65
Treasury Stock	-19	-23	-37
Accumulated Other Comprehensive Income / (Loss)	1.93	3.30	3.92
Noncontrolling Interest	-13	-13	-11

This table presents Genie Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	260	293	286	316	328	323	342
Total Current Assets	215	247	243	270	228	216	228
Cash & Equivalents	82	105	111	140	107	122	136
Restricted Cash	5.56	3.79	3.83	3.57	9.92	9.18	7.69
Short-Term Investments	0.47	4.66	0.45	0.41	0.37	0.34	0.42
Accounts Receivable	44	65	58	61	60	54	50
Inventories, net	19	19	18	15	18	5.64	8.51
Prepaid Expenses	7.81	7.86	8.79	12	15	12	11
Other Current Assets	8.16	5.36	7.06	4.63	6.09	5.58	6.73
Other Current Nonoperating Assets	49	36	36	34	11	7.08	6.28
Plant, Property, & Equipment, net	0.00	0.96	1.42	6.11	16	20	22
Total Noncurrent Assets	45	45	41	39	84	86	92
Goodwill	10.00	10.00	10.00	10.00	10.00	13	13
Intangible Assets	3.23	3.03	2.93	2.83	2.64	2.55	2.46
Noncurrent Deferred & Refundable Income Taxes	5.20	5.80	5.80	5.80	5.20	5.21	5.20
Other Noncurrent Operating Assets	13	14	13	13	62	62	66
Other Noncurrent Nonoperating Assets	14	13	9.38	7.55	4.53	4.30	5.18
Total Liabilities & Shareholders' Equity	260	293	286	316	328	323	342
Total Liabilities	98	107	90	108	149	133	141
Total Current Liabilities	86	105	87	106	101	83	89
Accounts Payable	19	20	24	25	22	27	24
Accrued Expenses	42	39	34	45	54	36	44
Current Deferred & Payable Income Tax Liabilities	18	28	11	16	9.61	9.06	13
Other Current Liabilities	2.15	7.58	7.40	8.74	6.23	6.66	6.31
Other Current Nonoperating Liabilities	5.73	11	11	11	8.52	4.79	1.64
Total Noncurrent Liabilities	12	2.58	2.78	2.53	48	50	53
Long-Term Debt	-	-	-	-	-	-	1.78
Other Noncurrent Operating Liabilities	2.16	1.89	2.09	1.86	48	49	50
Other Noncurrent Nonoperating Liabilities	9.50	0.69	0.69	0.67	0.68	0.68	0.70
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	162	186	196	207	179	190	200
Total Preferred & Common Equity	175	199	209	221	193	202	211
Preferred Stock	17	7.36	0.00	0.00	0.00	0.00	0.00
Total Common Equity	159	192	209	221	193	202	211
Common Stock	146	148	155	155	158	158	159
Retained Earnings	35	61	74	87	66	74	82
Treasury Stock	-19	-19	-22	-22	-29	-32	-35
Accumulated Other Comprehensive Income / (Loss)	-3.08	1.90	1.97	1.41	-1.91	1.84	5.21
Noncontrolling Interest	-13	-14	-13	-14	-13	-13	-11

This table displays calculated financial ratios and metrics derived from Genie Energy's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	-2.39%	35.87%	-0.82%
EBITDA Growth	163.49%	-83.10%	5.17%
EBIT Growth	166.12%	-83.62%	2.03%
NOPAT Growth	244.82%	-86.47%	12.68%
Net Income Growth	212.23%	-76.67%	-39.37%
EPS Growth	210.48%	-77.30%	-37.84%
Operating Cash Flow Growth	17.99%	-22.56%	13.23%
Free Cash Flow Firm Growth	160.43%	-130.85%	130.83%
Invested Capital Growth	-7.43%	102.22%	6.00%
Revenue Q/Q Growth	10.37%	5.81%	-0.47%
EBITDA Q/Q Growth	11.24%	-79.29%	3,808.06%
EBIT Q/Q Growth	11.29%	-79.90%	1,180.33%
NOPAT Q/Q Growth	12.17%	-82.77%	673.69%
Net Income Q/Q Growth	-10.97%	-66.64%	199.66%
EPS Q/Q Growth	-12.37%	-66.82%	228.57%
Operating Cash Flow Q/Q Growth	-33.54%	-21.52%	3.73%
Free Cash Flow Firm Q/Q Growth	1.78%	-147.81%	133.70%
Invested Capital Q/Q Growth	-6.16%	52.23%	11.32%
Profitability Metrics	-	-	-
Gross Margin	49.05%	34.10%	32.57%
EBITDA Margin	24.60%	3.06%	3.24%
Operating Margin	24.64%	2.33%	2.66%
EBIT Margin	24.48%	2.95%	3.04%
Profit (Net Income) Margin	27.55%	4.73%	2.89%
Tax Burden Percent	112.14%	111.98%	61.88%
Interest Burden Percent	100.37%	143.11%	153.90%
Effective Tax Rate	27.14%	23.41%	23.49%
Return on Invested Capital (ROIC)	216.11%	20.13%	16.45%
ROIC Less NNEP Spread (ROIC-NNEP)	190.01%	11.18%	13.63%
Return on Net Nonoperating Assets (RNNOA)	-154.98%	-8.80%	-9.70%
Return on Equity (ROE)	61.13%	11.32%	6.75%
Cash Return on Invested Capital (CROIC)	223.82%	-47.52%	10.63%
Operating Return on Assets (OROA)	30.46%	4.16%	3.68%
Return on Assets (ROA)	34.29%	6.67%	3.50%
Return on Common Equity (ROCE)	60.67%	11.89%	7.19%
Return on Equity Simple (ROE_SIMPLE)	46.46%	10.28%	6.45%
Net Operating Profit after Tax (NOPAT)	57	7.67	8.64
NOPAT Margin	17.95%	1.79%	2.03%
Net Nonoperating Expense Percent (NNEP)	26.10%	8.95%	2.82%
Return On Investment Capital (ROIC_SIMPLE)	32.63%	4.15%	4.59%
Cost of Revenue to Revenue	50.95%	65.90%	67.43%
SG&A Expenses to Revenue	23.76%	21.25%	21.97%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.41%	31.77%	29.91%
Earnings before Interest and Taxes (EBIT)	77	13	13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	78	13	14
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.44	3.82	2.21
Price to Tangible Book Value (P/TBV)	1.55	4.08	2.41
Price to Revenue (P/Rev)	0.81	1.76	0.99
Price to Earnings (P/E)	2.99	39.23	33.51
Dividend Yield	3.78%	1.09%	1.93%
Earnings Yield	33.47%	2.55%	2.98%
Enterprise Value to Invested Capital (EV/IC)	5.81	12.21	5.33
Enterprise Value to Revenue (EV/Rev)	0.46	1.45	0.68
Enterprise Value to EBITDA (EV/EBITDA)	1.89	47.44	20.89
Enterprise Value to EBIT (EV/EBIT)	1.90	49.17	22.32
Enterprise Value to NOPAT (EV/NOPAT)	2.58	81.17	33.35
Enterprise Value to Operating Cash Flow (EV/OCF)	1.81	9.96	4.07
Enterprise Value to Free Cash Flow (EV/FCFF)	2.49	0.00	51.63
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.05
Long-Term Debt to Equity	0.00	0.00	0.05
Financial Leverage	-0.82	-0.79	-0.71
Leverage Ratio	1.78	1.70	1.93
Compound Leverage Factor	1.79	2.43	2.97
Debt to Total Capital	0.00%	0.00%	4.61%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	4.61%
Preferred Equity to Total Capital	4.81%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-7.76%	-6.90%	-5.82%
Common Equity to Total Capital	102.95%	106.90%	101.22%
Debt to EBITDA	0.00	0.00	0.63
Net Debt to EBITDA	0.00	0.00	-8.90
Long-Term Debt to EBITDA	0.00	0.00	0.63
Debt to NOPAT	0.00	0.00	1.00
Net Debt to NOPAT	0.00	0.00	-14.21
Long-Term Debt to NOPAT	0.00	0.00	1.00
Altman Z-Score	4.34	5.25	3.20
Noncontrolling Interest Sharing Ratio	0.75%	-4.98%	-6.51%
Liquidity Ratios	-	-	-
Current Ratio	2.29	2.34	2.07
Quick Ratio	1.55	1.73	1.52
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	59	-18	5.58
Operating Cash Flow to CapEx	7,917.96%	4,583.86%	1,056.48%
Free Cash Flow to Firm to Interest Expense	454.86	-182.82	12.03
Operating Cash Flow to Interest Expense	625.46	631.09	152.46
Operating Cash Flow Less CapEx to Interest Expense	617.56	617.32	138.03
Efficiency Ratios	-	-	-
Asset Turnover	1.24	1.41	1.21
Accounts Receivable Turnover	6.54	7.33	6.87
Inventory Turnover	9.62	18.64	21.41
Fixed Asset Turnover	531.21	53.31	21.03
Accounts Payable Turnover	7.96	10.62	9.70
Days Sales Outstanding (DSO)	55.78	49.82	53.12
Days Inventory Outstanding (DIO)	37.96	19.58	17.05
Days Payable Outstanding (DPO)	45.85	34.36	37.63
Cash Conversion Cycle (CCC)	47.89	35.04	32.54
Capital & Investment Metrics	-	-	-
Invested Capital	25	51	54
Invested Capital Turnover	12.04	11.26	8.10
Increase / (Decrease) in Invested Capital	-2.02	26	3.06
Enterprise Value (EV)	146	622	288
Market Capitalization	257	753	422
Book Value per Share	$6.91	$7.19	$7.00
Tangible Book Value per Share	$6.40	$6.73	$6.45
Total Capital	174	185	188
Total Debt	0.00	0.00	8.67
Total Long-Term Debt	0.00	0.00	8.67
Net Debt	-105	-118	-123
Capital Expenditures (CapEx)	1.02	1.36	6.70
Debt-free, Cash-free Net Working Capital (DFCFNWC)	23	13	-14
Debt-free Net Working Capital (DFNWC)	128	132	118
Net Working Capital (NWC)	128	132	118
Net Nonoperating Expense (NNE)	-30	-13	-3.66
Net Nonoperating Obligations (NNO)	-148	-134	-126
Total Depreciation and Amortization (D&A)	0.39	0.46	0.88
Debt-free, Cash-free Net Working Capital to Revenue	7.41%	3.06%	-3.24%
Debt-free Net Working Capital to Revenue	40.70%	30.69%	27.67%
Net Working Capital to Revenue	40.70%	30.69%	27.67%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$3.35	$0.75	$0.47
Adjusted Weighted Average Basic Shares Outstanding	25.63M	25.55M	26.76M
Adjusted Diluted Earnings per Share	$3.26	$0.74	$0.46
Adjusted Weighted Average Diluted Shares Outstanding	26.37M	26.06M	27.16M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	26.01M	27.36M	27.01M
Normalized Net Operating Profit after Tax (NOPAT)	58	7.67	8.78
Normalized NOPAT Margin	18.43%	1.79%	2.06%
Pre Tax Income Margin	24.57%	4.22%	4.67%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	598.71	127.81	27.82
NOPAT to Interest Expense	439.18	77.43	18.62
EBIT Less CapEx to Interest Expense	590.81	114.04	13.39
NOPAT Less CapEx to Interest Expense	431.28	63.67	4.19
Payout Ratios	-	-	-
Dividend Payout Ratio	10.53%	43.76%	66.78%
Augmented Payout Ratio	16.26%	58.18%	187.35%

This table displays calculated financial ratios and metrics derived from Genie Energy's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-7.27%	57.29%	22.52%	39.62%	53.84%	28.91%	13.69%	-2.96%	-10.50%	-1.92%
EBITDA Growth	39.10%	99.59%	-44.89%	30.55%	-24.62%	-319.55%	-30.66%	-19.90%	-33.45%	41.06%
EBIT Growth	35.74%	100.73%	-45.13%	30.97%	-24.71%	-322.04%	-31.62%	-20.80%	-34.39%	40.67%
NOPAT Growth	38.23%	134.32%	-57.50%	35.37%	-22.55%	-307.81%	-11.83%	-32.16%	-36.45%	39.16%
Net Income Growth	789.30%	-38.87%	-14.00%	-58.96%	-11.10%	-240.35%	-43.24%	-39.01%	-27.95%	34.64%
EPS Growth	800.00%	-43.81%	-19.40%	-56.15%	-24.29%	-252.54%	-44.44%	-36.84%	-28.30%	35.56%
Operating Cash Flow Growth	328.78%	-59.61%	-38.75%	-2.23%	24.41%	-62.10%	15.06%	126.62%	-23.20%	24.31%
Free Cash Flow Firm Growth	46.26%	22.91%	-40.52%	229.58%	-72.57%	-467.09%	-203.42%	-89.69%	-199.15%	64.55%
Invested Capital Growth	-21.01%	-7.43%	-11.12%	-29.77%	24.66%	102.22%	57.78%	9.51%	44.96%	6.00%
Revenue Q/Q Growth	21.43%	0.13%	29.35%	-11.22%	33.80%	-16.10%	14.08%	-24.22%	23.40%	-8.06%
EBITDA Q/Q Growth	107.46%	-34.10%	-6.87%	2.53%	19.79%	-291.93%	129.41%	18.46%	-0.48%	-270.01%
EBIT Q/Q Growth	108.34%	-34.24%	-7.03%	2.82%	19.76%	-293.94%	128.63%	19.10%	-0.79%	-275.38%
NOPAT Q/Q Growth	103.56%	-32.88%	-27.95%	37.51%	16.46%	-280.09%	130.57%	5.80%	9.10%	-272.40%
Net Income Q/Q Growth	-57.27%	5.52%	-14.60%	6.58%	-7.44%	-266.58%	134.54%	14.53%	9.33%	-251.13%
EPS Q/Q Growth	-46.15%	-15.71%	-8.47%	5.56%	-7.02%	-269.81%	133.33%	20.00%	5.56%	-252.63%
Operating Cash Flow Q/Q Growth	177.35%	7.98%	-59.28%	-19.83%	252.90%	-67.10%	23.62%	57.89%	19.60%	-46.75%
Free Cash Flow Firm Q/Q Growth	200.10%	-44.29%	-5.94%	147.05%	-78.81%	-845.62%	73.50%	124.62%	-303.83%	-166.57%
Invested Capital Q/Q Growth	-60.11%	-6.16%	40.65%	33.38%	-29.19%	52.23%	9.74%	-7.43%	-6.27%	11.32%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	53.08%	42.65%	31.62%	40.88%	32.85%	32.05%	28.23%	36.76%	33.87%	32.51%
EBITDA Margin	29.34%	19.31%	13.90%	16.06%	14.38%	-32.89%	8.48%	13.25%	10.69%	-19.76%
Operating Margin	28.96%	19.02%	10.71%	16.09%	14.30%	-32.58%	8.23%	11.65%	10.43%	-20.21%
EBIT Margin	29.22%	19.19%	13.79%	15.98%	14.30%	-33.05%	8.30%	13.04%	10.48%	-20.00%
Profit (Net Income) Margin	19.65%	20.71%	13.67%	16.41%	11.35%	-22.54%	6.83%	10.32%	9.14%	-15.02%
Tax Burden Percent	66.79%	101.63%	93.42%	95.68%	72.74%	72.00%	71.95%	72.16%	72.15%	82.98%
Interest Burden Percent	100.68%	106.17%	106.09%	107.37%	109.16%	94.71%	114.35%	109.65%	120.85%	90.54%
Effective Tax Rate	27.11%	25.62%	26.41%	24.11%	25.71%	0.00%	25.72%	26.72%	27.68%	0.00%
Return on Invested Capital (ROIC)	198.30%	170.30%	70.07%	76.99%	142.70%	-256.73%	59.28%	75.87%	78.60%	-114.59%
ROIC Less NNEP Spread (ROIC-NNEP)	199.59%	165.70%	64.92%	73.64%	142.11%	-256.93%	58.65%	74.74%	77.51%	-113.89%
Return on Net Nonoperating Assets (RNNOA)	-149.93%	-135.16%	-49.24%	-49.47%	-118.90%	202.28%	-43.97%	-55.53%	-61.91%	81.05%
Return on Equity (ROE)	48.37%	35.15%	20.83%	27.52%	23.80%	-54.45%	15.31%	20.33%	16.69%	-33.54%
Cash Return on Invested Capital (CROIC)	189.44%	223.82%	132.39%	119.40%	125.47%	-47.52%	-30.18%	-2.81%	-40.38%	10.63%
Operating Return on Assets (OROA)	36.84%	23.88%	18.00%	21.99%	20.13%	-46.60%	11.83%	18.86%	13.63%	-24.23%
Return on Assets (ROA)	24.77%	25.77%	17.84%	22.59%	15.99%	-31.78%	9.74%	14.92%	11.88%	-18.20%
Return on Common Equity (ROCE)	46.10%	34.88%	20.84%	28.00%	24.46%	-57.16%	16.13%	21.70%	17.69%	-35.73%
Return on Equity Simple (ROE_SIMPLE)	55.66%	0.00%	42.48%	29.89%	27.51%	0.00%	7.29%	3.99%	1.94%	0.00%
Net Operating Profit after Tax (NOPAT)	17	12	8.30	11	13	-24	7.32	7.74	8.44	-15
NOPAT Margin	21.11%	14.15%	7.88%	12.21%	10.63%	-22.81%	6.11%	8.53%	7.55%	-14.15%
Net Nonoperating Expense Percent (NNEP)	-1.29%	4.60%	5.15%	3.35%	0.59%	0.20%	0.62%	1.13%	1.10%	-0.70%
Return On Investment Capital (ROIC_SIMPLE)	10.59%	6.63%	4.47%	5.82%	6.41%	-12.97%	4.08%	4.08%	4.18%	-7.73%
Cost of Revenue to Revenue	46.92%	57.35%	68.38%	59.12%	67.15%	67.95%	71.77%	63.24%	66.13%	67.49%
SG&A Expenses to Revenue	24.12%	21.09%	20.91%	24.79%	18.55%	21.66%	19.13%	24.27%	22.48%	22.66%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.12%	23.63%	20.91%	24.79%	18.55%	64.64%	20.00%	25.11%	23.44%	52.72%
Earnings before Interest and Taxes (EBIT)	24	16	15	15	18	-35	9.93	12	12	-21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	24	16	15	15	18	-35	10	12	12	-20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.44	1.44	1.81	1.70	1.78	3.82	2.10	1.93	2.05	2.21
Price to Tangible Book Value (P/TBV)	1.57	1.55	1.94	1.81	1.89	4.08	2.25	2.09	2.21	2.41
Price to Revenue (P/Rev)	0.80	0.81	1.04	0.99	0.97	1.76	0.91	0.89	1.01	0.99
Price to Earnings (P/E)	2.35	2.99	4.20	5.59	6.58	39.23	31.00	50.86	126.31	33.51
Dividend Yield	2.55%	3.78%	2.81%	2.74%	2.61%	1.09%	2.03%	2.08%	1.86%	1.93%
Earnings Yield	42.59%	33.47%	23.84%	17.89%	15.21%	2.55%	3.23%	1.97%	0.79%	2.98%
Enterprise Value to Invested Capital (EV/IC)	5.36	5.81	6.40	4.82	7.06	12.21	4.90	4.76	5.75	5.33
Enterprise Value to Revenue (EV/Rev)	0.50	0.46	0.68	0.63	0.58	1.45	0.62	0.56	0.65	0.68
Enterprise Value to EBITDA (EV/EBITDA)	2.06	1.89	3.45	3.29	3.73	47.44	31.80	43.69	0.00	20.89
Enterprise Value to EBIT (EV/EBIT)	2.07	1.90	3.47	3.31	3.76	49.17	34.03	49.75	0.00	22.32
Enterprise Value to NOPAT (EV/NOPAT)	2.85	2.58	4.99	4.71	5.32	81.17	40.97	79.40	0.00	33.35
Enterprise Value to Operating Cash Flow (EV/OCF)	1.19	1.81	3.08	3.11	2.97	9.96	4.28	3.26	4.10	4.07
Enterprise Value to Free Cash Flow (EV/FCFF)	2.50	2.49	4.55	3.33	6.25	0.00	0.00	0.00	0.00	51.63
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.05
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.05
Financial Leverage	-0.75	-0.82	-0.76	-0.67	-0.84	-0.79	-0.75	-0.74	-0.80	-0.71
Leverage Ratio	1.85	1.78	1.65	1.50	1.56	1.70	1.70	1.58	1.61	1.93
Compound Leverage Factor	1.87	1.89	1.75	1.61	1.70	1.61	1.95	1.73	1.95	1.75
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.88%	4.61%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.88%	4.61%
Preferred Equity to Total Capital	10.33%	4.81%	3.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-8.25%	-7.76%	-7.28%	-6.80%	-6.55%	-6.90%	-7.49%	-6.61%	-5.35%	-5.82%
Common Equity to Total Capital	97.92%	102.95%	103.31%	106.80%	106.55%	106.90%	107.49%	106.61%	104.47%	101.22%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-4.77	0.63
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	383.40	-8.90
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-4.77	0.63
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.18	1.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	94.72	-14.21
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.18	1.00
Altman Z-Score	3.58	3.61	4.12	4.83	4.66	4.78	3.83	4.06	4.02	2.91
Noncontrolling Interest Sharing Ratio	4.69%	0.75%	-0.03%	-1.76%	-2.76%	-4.98%	-5.37%	-6.70%	-5.99%	-6.51%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.49	2.29	2.36	2.79	2.55	2.34	2.27	2.59	2.56	2.07
Quick Ratio	1.46	1.55	1.67	1.94	1.90	1.73	1.66	2.12	2.11	1.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	24	14	13	31	6.67	-50	-13	3.24	-6.61	-18
Operating Cash Flow to CapEx	2,559.82%	0.00%	14,220.25%	1,945.14%	10,025.87%	2,155.88%	1,071.81%	5,732.87%	991.03%	486.63%
Free Cash Flow to Firm to Interest Expense	736.41	0.00	670.19	1,048.60	246.85	-2,160.69	-411.53	9.80	-300.39	-222.99
Operating Cash Flow to Interest Expense	774.15	0.00	591.26	300.20	1,177.11	454.61	403.94	61.66	1,109.50	164.53
Operating Cash Flow Less CapEx to Interest Expense	743.91	0.00	587.11	284.77	1,165.37	433.52	366.25	60.58	997.55	130.72
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.26	1.24	1.31	1.38	1.41	1.41	1.43	1.45	1.30	1.21
Accounts Receivable Turnover	5.60	6.54	5.88	7.08	7.78	7.33	7.07	7.83	7.70	6.87
Inventory Turnover	6.77	9.62	10.15	12.39	15.25	18.64	15.68	25.06	24.23	21.41
Fixed Asset Turnover	0.00	531.21	509.72	408.61	0.00	53.31	51.82	40.67	29.97	21.03
Accounts Payable Turnover	4.85	7.96	9.33	8.43	11.78	10.62	13.98	11.81	11.89	9.70
Days Sales Outstanding (DSO)	65.19	55.78	62.12	51.56	46.94	49.82	51.60	46.61	47.42	53.12
Days Inventory Outstanding (DIO)	53.94	37.96	35.96	29.46	23.94	19.58	23.28	14.56	15.06	17.05
Days Payable Outstanding (DPO)	75.21	45.85	39.14	43.28	30.98	34.36	26.10	30.90	30.70	37.63
Cash Conversion Cycle (CCC)	43.92	47.89	58.94	37.74	39.89	35.04	48.77	30.27	31.79	32.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	27	25	35	47	33	51	56	52	49	54
Invested Capital Turnover	9.39	12.04	8.89	6.31	13.43	11.26	9.70	8.89	10.42	8.10
Increase / (Decrease) in Invested Capital	-7.14	-2.02	-4.44	-20	6.62	26	20	4.50	15	3.06
Enterprise Value (EV)	144	146	227	228	236	622	274	247	279	288
Market Capitalization	228	257	347	356	394	753	405	391	433	422
Book Value per Share	$6.13	$6.91	$7.37	$8.05	$8.05	$7.19	$7.05	$7.45	$7.85	$7.00
Tangible Book Value per Share	$5.62	$6.40	$6.87	$7.55	$7.58	$6.73	$6.59	$6.89	$7.29	$6.45
Total Capital	162	174	186	196	207	185	179	190	202	188
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.78	8.67
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.78	8.67
Net Debt	-88	-105	-114	-115	-144	-118	-117	-132	-143	-123
Capital Expenditures (CapEx)	1.00	-0.04	0.08	0.46	0.32	0.49	1.21	0.36	2.46	2.67
Debt-free, Cash-free Net Working Capital (DFCFNWC)	41	23	29	41	21	13	10	0.88	-5.56	-14
Debt-free Net Working Capital (DFNWC)	128	128	142	156	164	132	127	133	139	118
Net Working Capital (NWC)	128	128	142	156	164	132	127	133	139	118
Net Nonoperating Expense (NNE)	1.19	-5.34	-6.09	-3.93	-0.91	-0.28	-0.85	-1.62	-1.78	0.90
Net Nonoperating Obligations (NNO)	-135	-148	-150	-149	-174	-134	-123	-138	-152	-126
Total Depreciation and Amortization (D&A)	0.10	0.10	0.12	0.08	0.10	0.18	0.22	0.20	0.23	0.24
Debt-free, Cash-free Net Working Capital to Revenue	14.25%	7.41%	8.58%	11.33%	5.09%	3.06%	2.34%	0.20%	-1.30%	-3.24%
Debt-free Net Working Capital to Revenue	44.94%	40.70%	42.52%	43.18%	40.59%	30.69%	28.71%	30.15%	32.50%	27.67%
Net Working Capital to Revenue	44.94%	40.70%	42.52%	43.18%	40.59%	30.69%	28.71%	30.15%	32.50%	27.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.73	$0.61	$0.56	$0.58	$0.54	($0.93)	$0.30	$0.36	$0.38	($0.57)
Adjusted Weighted Average Basic Shares Outstanding	25.23M	25.63M	25.33M	25.71M	26.62M	25.55M	26.79M	26.57M	26.53M	26.76M
Adjusted Diluted Earnings per Share	$0.70	$0.59	$0.54	$0.57	$0.53	($0.90)	$0.30	$0.36	$0.38	($0.58)
Adjusted Weighted Average Diluted Shares Outstanding	26.21M	26.37M	26.62M	26.32M	27.36M	26.06M	27.30M	27.03M	26.87M	27.16M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	25.89M	26.01M	26.01M	27.46M	27.42M	27.36M	27.13M	26.89M	27.20M	27.01M
Normalized Net Operating Profit after Tax (NOPAT)	17	12	8.30	11	13	-24	7.32	7.83	8.50	-15
Normalized NOPAT Margin	21.11%	14.15%	7.88%	12.21%	10.63%	-22.81%	6.11%	8.63%	7.60%	-14.15%
Pre Tax Income Margin	29.42%	20.37%	14.63%	17.15%	15.61%	-31.31%	9.49%	14.30%	12.67%	-18.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	719.73	0.00	764.26	497.70	662.30	-1,507.87	310.28	35.73	533.27	-260.46
NOPAT to Interest Expense	519.92	0.00	436.72	380.34	492.15	-1,040.47	228.63	23.38	383.84	-184.29
EBIT Less CapEx to Interest Expense	689.48	0.00	760.11	482.27	650.56	-1,528.96	272.59	34.65	421.32	-294.27
NOPAT Less CapEx to Interest Expense	489.68	0.00	432.56	364.90	480.41	-1,061.56	190.94	22.31	271.89	-218.10
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	7.44%	10.53%	10.59%	14.79%	14.94%	43.76%	63.22%	102.35%	200.49%	66.78%
Augmented Payout Ratio	12.49%	16.26%	16.59%	17.94%	19.05%	58.18%	122.77%	221.57%	514.33%	187.35%

Frequently Asked Questions About Genie Energy's Financials

When does Genie Energy's fiscal year end?

According to the most recent income statement we have on file, Genie Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Genie Energy's net income changed over the last 2 years?

Genie Energy's net income appears to be on a downward trend, with a most recent value of $12.30 million in 2024, falling from $86.93 million in 2022. The previous period was $20.28 million in 2023.

What is Genie Energy's operating income?

Genie Energy's total operating income in 2024 was $11.29 million, based on the following breakdown:

Total Gross Profit: $138.48 million
Total Operating Expenses: $127.19 million

How has Genie Energy revenue changed over the last 2 years?

Over the last 2 years, Genie Energy's total revenue changed from $315.54 million in 2022 to $425.20 million in 2024, a change of 34.8%.

How much debt does Genie Energy have?

Genie Energy's total liabilities were at $191.72 million at the end of 2024, a 31.3% increase from 2023, and a 84.4% increase since 2022.

How much cash does Genie Energy have?

In the past 2 years, Genie Energy's cash and equivalents has ranged from $98.57 million in 2022 to $107.61 million in 2023, and is currently $104.46 million as of their latest financial filing in 2024.

How has Genie Energy's book value per share changed over the last 2 years?

Over the last 2 years, Genie Energy's book value per share changed from 6.91 in 2022 to 7.00 in 2024, a change of 1.4%.

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This page (NYSE:GNE) was last updated on 4/15/2025 by MarketBeat.com Staff

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Genie Energy (GNE) Financials

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Genie Energy (GNE) Financials

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