Excelerate Energy (EE) Financials

$25.70 +0.14 (+0.55%)

Closing price 03:59 PM Eastern

Extended Trading

$25.73 +0.03 (+0.12%)

As of 06:58 PM Eastern

Annual Income Statements for Excelerate Energy

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

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-245	0.00	13	30	33
Consolidated Net Income / (Loss)	-251	41	80	127	153
Net Income / (Loss) Continuing Operations	33	41	80	127	153
Total Pre-Tax Income	-237	62	108	160	179
Total Operating Income	-147	139	187	211	215
Total Gross Profit	0.00	498	566	641	624
Total Revenue	0.00	889	2,473	1,159	851
Operating Revenue	-	889	2,473	1,159	851
Total Cost of Revenue	0.00	391	1,907	518	228
Operating Cost of Revenue	-	391	1,907	518	228
Total Operating Expenses	298	359	380	430	409
Selling, General & Admin Expense	43	47	66	87	94
Depreciation Expense	104	105	97	114	99
Other Operating Expenses / (Income)	-	193	209	228	216
Restructuring Charge	0.00	14	6.90	0.00	0.00
Total Other Income / (Expense), net	-90	-77	-78	-51	-36
Interest Expense	89	81	60	67	61
Interest & Investment Income	-	3.26	-19	0.88	2.25
Other Income / (Expense), net	-0.09	0.56	0.31	16	23
Income Tax Expense	14	21	28	33	26
Net Income / (Loss) Attributable to Noncontrolling Interest	-5.86	3.04	55	96	120
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	0.00	-	0.00	0.00
Basic Earnings per Share	$0.00	$0.00	$0.51	$1.16	$1.29
Weighted Average Basic Shares Outstanding	0.00	0.00	26.25M	26.26M	25.40M
Diluted Earnings per Share	$0.00	$0.00	$0.51	$1.11	$1.27
Weighted Average Diluted Shares Outstanding	0.00	0.00	26.26M	108.30M	25.84M
Weighted Average Basic & Diluted Shares Outstanding	-	-	108.28M	108.28M	105.89M

This table shows Excelerate 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
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	8.83	72	6.84	5.97	14	3.71	6.32	6.67	8.96	11
Consolidated Net Income / (Loss)	37	113	31	30	47	20	28	33	46	46
Net Income / (Loss) Continuing Operations	37	34	31	30	47	20	28	33	46	46
Total Pre-Tax Income	38	129	38	39	55	28	35	41	52	52
Total Operating Income	50	137	50	54	67	40	45	50	60	60
Total Gross Profit	145	283	156	155	169	161	160	152	152	159
Total Revenue	803	1,047	211	432	275	240	200	183	193	275
Operating Revenue	803	-	211	432	275	240	200	183	193	275
Total Cost of Revenue	658	763	55	278	106	79	40	31	41	115
Operating Cost of Revenue	658	-	55	278	106	79	40	31	41	115
Total Operating Expenses	95	-367	106	101	102	121	115	102	92	99
Selling, General & Admin Expense	19	22	22	22	20	24	22	25	24	23
Depreciation Expense	25	25	25	31	33	25	23	30	23	23
Other Operating Expenses / (Income)	50	-	59	49	49	72	71	47	45	53
Total Other Income / (Expense), net	-12	-7.13	-11	-14	-13	-12	-10	-9.18	-8.04	-8.53
Interest Expense	14	13	16	17	18	17	16	15	15	15
Interest & Investment Income	0.63	-	0.42	0.39	-0.55	0.63	0.53	0.59	0.56	0.56
Other Income / (Expense), net	0.66	4.86	3.90	2.27	5.26	4.16	4.96	5.71	6.53	5.72
Income Tax Expense	0.23	17	7.60	9.71	8.19	7.74	6.90	7.43	6.16	5.61
Net Income / (Loss) Attributable to Noncontrolling Interest	29	28	24	24	33	16	22	27	37	35
Basic Earnings per Share	$0.34	$0.25	$0.26	$0.23	$0.53	$0.14	$0.24	$0.27	$0.36	$0.42
Weighted Average Basic Shares Outstanding	26.25M	26.25M	26.25M	26.25M	26.25M	26.26M	26.16M	25.18M	25.01M	25.40M
Diluted Earnings per Share	$0.34	$0.25	$0.26	$0.23	$0.40	$0.22	$0.24	$0.26	$0.35	$0.42
Weighted Average Diluted Shares Outstanding	26.26M	26.26M	26.27M	26.27M	108.30M	108.30M	26.18M	25.34M	25.47M	25.84M
Weighted Average Basic & Diluted Shares Outstanding	108.28M	108.28M	108.28M	108.28M	108.28M	108.28M	107.13M	107.07M	106.28M	105.89M

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

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	36	476	447	34	-18
Net Cash From Operating Activities	109	142	225	232	244
Net Cash From Continuing Operating Activities	109	636	225	232	244
Net Income / (Loss) Continuing Operations	33	41	80	127	153
Consolidated Net Income / (Loss)	33	41	80	127	153
Depreciation Expense	104	105	97	114	99
Amortization Expense	14	25	34	21	5.40
Non-Cash Adjustments To Reconcile Net Income	7.05	-14	38	23	34
Changes in Operating Assets and Liabilities, net	-49	479	-25	-53	-47
Net Cash From Investing Activities	-41	-36	-119	-309	-113
Net Cash From Continuing Investing Activities	-41	-36	-119	-309	-113
Purchase of Property, Plant & Equipment	-41	-36	-119	-313	-113
Sale of Property, Plant & Equipment	0.00	0.00	0.00	4.10	0.00
Net Cash From Financing Activities	-31	-124	341	111	-149
Net Cash From Continuing Financing Activities	-31	-124	341	111	-149
Repayment of Debt	-44	-113	-813	-103	-54
Repurchase of Common Equity	-	-	0.00	0.00	-50
Payment of Dividends	-7.59	0.00	-5.41	-19	-26
Issuance of Debt	63	-82	794	0.00	0.00
Issuance of Common Equity	0.00	0.00	412	0.00	0.00
Other Financing Activities, net	-43	71	-46	233	-19
Effect of Exchange Rate Changes	-	-	0.00	-0.12	-0.12

This table details how cash moves in and out of Excelerate 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
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-89	171	15	-69	142	-54	24	29	0.34	-72
Net Cash From Operating Activities	-6.28	241	47	-22	171	37	65	90	40	50
Net Cash From Continuing Operating Activities	-6.28	241	47	-22	171	37	65	90	40	50
Net Income / (Loss) Continuing Operations	37	34	31	30	47	20	28	33	46	46
Consolidated Net Income / (Loss)	37	34	31	30	47	20	28	33	46	46
Depreciation Expense	25	25	25	31	33	25	23	30	23	23
Amortization Expense	9.14	9.16	11	2.88	3.22	4.16	1.31	1.27	0.98	1.84
Non-Cash Adjustments To Reconcile Net Income	20	1.08	5.07	5.10	10	2.75	5.09	5.96	11	12
Changes in Operating Assets and Liabilities, net	-97	172	-25	-91	78	-16	7.21	19	-41	-33
Net Cash From Investing Activities	-22	-55	-15	-274	-12	-8.31	-13	-25	-11	-64
Net Cash From Continuing Investing Activities	-22	-55	-15	-274	-12	-8.31	-13	-25	-11	-64
Purchase of Property, Plant & Equipment	-22	-55	-15	-278	-12	-8.31	-13	-25	-11	-64
Net Cash From Financing Activities	-11	-15	-16	227	-17	-82	-28	-35	-28	-58
Net Cash From Continuing Financing Activities	-61	-15	-16	227	-17	-82	-28	-35	-28	-58
Repayment of Debt	-1.87	-8.00	-11	-11	-12	-69	-12	-13	-14	-15
Repurchase of Common Equity	-	-	0.00	-	-	-	-8.42	-12	-6.89	-23
Payment of Dividends	-2.71	-2.71	0.00	-7.41	-2.71	-8.68	-2.70	-5.12	-2.84	-15
Other Financing Activities, net	-59	-5.01	-4.96	245	-2.46	-4.66	-4.79	-5.06	-4.64	-4.93
Effect of Exchange Rate Changes	-	-	-0.42	0.32	0.06	-0.08	0.04	-0.04	-0.05	-0.07

This table presents Excelerate 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	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,501	2,867	2,860	2,883
Total Current Assets	490	824	700	754
Cash & Equivalents	73	517	556	538
Restricted Cash	2.50	2.61	2.66	2.61
Short-Term Investments	12	13	16	43
Accounts Receivable	272	82	97	120
Other Current Assets	26	35	27	51
Plant, Property, & Equipment, net	1,433	1,456	1,650	1,623
Total Noncurrent Assets	577	588	511	506
Long-Term Investments	435	424	405	396
Noncurrent Deferred & Refundable Income Taxes	0.94	40	43	28
Other Noncurrent Operating Assets	141	124	63	82
Total Liabilities & Shareholders' Equity	2,501	2,867	2,860	2,883
Total Liabilities	1,497	1,170	1,051	995
Total Current Liabilities	520	392	204	216
Short-Term Debt	26	29	51	56
Accounts Payable	312	97	14	7.14
Accrued Expenses	105	67	90	72
Current Deferred Revenue	9.65	145	27	58
Other Current Liabilities	68	54	22	23
Total Noncurrent Liabilities	977	779	847	779
Long-Term Debt	406	193	333	287
Asset Retirement Reserve & Litigation Obligation	35	40	42	44
Noncurrent Deferred Revenue	14	-	29	28
Other Noncurrent Operating Liabilities	522	545	443	420
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,004	1,697	1,809	1,889
Total Preferred & Common Equity	-16	477	505	488
Total Common Equity	-16	477	505	488
Common Stock	0.00	465	466	468
Retained Earnings	0.00	12	40	72
Treasury Stock	-	0.00	-0.47	-52
Accumulated Other Comprehensive Income / (Loss)	-9.18	0.52	0.51	0.50
Noncontrolling Interest	1,150	1,219	1,304	1,401

This table presents Excelerate 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
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	2,981	3,001	2,900	2,904	2,858	2,867	2,864
Total Current Assets	956	762	689	717	694	704	764
Cash & Equivalents	346	530	462	603	579	609	608
Restricted Cash	3.46	3.56	2.64	3.58	3.61	2.65	3.63
Short-Term Investments	-	14	14	15	18	19	43
Accounts Receivable	326	58	146	45	66	46	82
Other Current Assets	20	24	37	33	27	27	28
Plant, Property, & Equipment, net	1,418	1,706	1,686	1,664	1,650	1,655	1,586
Total Noncurrent Assets	608	533	525	524	514	509	515
Long-Term Investments	21	420	417	408	399	395	408
Noncurrent Deferred & Refundable Income Taxes	51	39	38	43	42	39	35
Other Noncurrent Operating Assets	132	73	70	73	73	75	72
Total Liabilities & Shareholders' Equity	2,981	3,001	2,900	2,904	2,858	2,867	2,864
Total Liabilities	1,332	1,276	1,145	1,101	1,029	1,019	982
Total Current Liabilities	537	310	194	173	197	205	185
Short-Term Debt	21	29	38	49	53	55	55
Accounts Payable	368	11	47	11	7.30	8.25	8.60
Accrued Expenses	74	55	60	63	94	90	69
Current Deferred Revenue	14	162	22	24	21	30	29
Other Current Liabilities	52	54	100	26	24	23	23
Total Noncurrent Liabilities	489	966	879	928	837	814	796
Long-Term Debt	199	367	597	574	323	477	464
Asset Retirement Reserve & Litigation Obligation	-	40	41	41	42	43	43
Other Noncurrent Operating Liabilities	290	525	206	313	472	294	290
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,650	1,724	1,755	1,803	1,828	1,849	1,883
Total Preferred & Common Equity	588	483	490	504	502	499	502
Total Common Equity	588	483	490	504	502	499	502
Common Stock	584	465	465	465	466	469	473
Retained Earnings	4.09	18	23	37	45	51	60
Treasury Stock	-	-	0.00	-0.47	-11	-22	-30
Accumulated Other Comprehensive Income / (Loss)	0.14	0.21	1.26	2.09	1.05	1.09	-0.38
Noncontrolling Interest	1,061	1,241	1,265	1,299	1,327	1,350	1,380

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

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	0.00%	178.31%	-53.13%	-26.53%
EBITDA Growth	0.00%	1,035.63%	18.16%	13.46%	-5.34%
EBIT Growth	0.00%	195.05%	33.66%	20.97%	5.17%
NOPAT Growth	0.00%	189.38%	49.79%	21.03%	10.07%
Net Income Growth	0.00%	116.44%	94.22%	58.56%	20.65%
EPS Growth	0.00%	0.00%	0.00%	117.65%	14.41%
Operating Cash Flow Growth	0.00%	29.96%	58.95%	3.02%	5.41%
Free Cash Flow Firm Growth	0.00%	0.00%	110.85%	-195.47%	271.98%
Invested Capital Growth	0.00%	0.00%	5.34%	26.19%	3.08%
Revenue Q/Q Growth	0.00%	0.00%	40.11%	-41.04%	4.22%
EBITDA Q/Q Growth	0.00%	0.00%	59.83%	-21.98%	5.23%
EBIT Q/Q Growth	0.00%	0.00%	174.04%	-30.11%	10.15%
NOPAT Q/Q Growth	0.00%	0.00%	169.52%	-35.31%	15.34%
Net Income Q/Q Growth	0.00%	0.00%	330.55%	-42.27%	20.49%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-2.63%	18.69%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	4,849.74%	-46.83%	5.62%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-112.92%	-32.60%
Invested Capital Q/Q Growth	0.00%	0.00%	-46.48%	-13.11%	-6.57%
Profitability Metrics	-	-	-	-	-
Gross Margin	0.00%	56.05%	22.90%	55.27%	73.25%
EBITDA Margin	0.00%	30.35%	12.89%	31.20%	40.20%
Operating Margin	0.00%	15.68%	7.55%	18.17%	25.25%
EBIT Margin	0.00%	15.75%	7.56%	19.52%	27.94%
Profit (Net Income) Margin	0.00%	4.64%	3.23%	10.94%	17.97%
Tax Burden Percent	105.89%	66.05%	73.85%	79.23%	85.43%
Interest Burden Percent	160.75%	44.57%	57.93%	70.77%	75.30%
Effective Tax Rate	0.00%	33.95%	26.15%	20.77%	14.57%
Return on Invested Capital (ROIC)	0.00%	20.16%	14.70%	15.34%	14.90%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	132.25%	28.73%	21.36%	19.87%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-11.95%	-8.78%	-8.10%	-6.62%
Return on Equity (ROE)	0.00%	8.21%	5.92%	7.24%	8.28%
Cash Return on Invested Capital (CROIC)	0.00%	-179.84%	9.50%	-7.82%	11.87%
Operating Return on Assets (OROA)	0.00%	5.59%	6.97%	7.90%	8.28%
Return on Assets (ROA)	0.00%	1.65%	2.98%	4.43%	5.33%
Return on Common Equity (ROCE)	0.00%	-0.13%	1.01%	2.03%	2.22%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-258.45%	16.76%	25.10%	31.36%
Net Operating Profit after Tax (NOPAT)	-103	92	138	167	184
NOPAT Margin	0.00%	10.36%	5.58%	14.40%	21.57%
Net Nonoperating Expense Percent (NNEP)	0.00%	-112.09%	-14.02%	-6.02%	-4.97%
Return On Investment Capital (ROIC_SIMPLE)	-	-	7.19%	7.61%	8.23%
Cost of Revenue to Revenue	0.00%	43.95%	77.10%	44.73%	26.75%
SG&A Expenses to Revenue	0.00%	5.30%	2.67%	7.55%	11.06%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	40.37%	15.35%	37.10%	48.00%
Earnings before Interest and Taxes (EBIT)	-147	140	187	226	238
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-29	270	319	362	342
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	5.62	3.29	6.59
Price to Tangible Book Value (P/TBV)	0.00	0.00	5.62	3.29	6.59
Price to Revenue (P/Rev)	0.00	0.43	1.08	1.44	3.78
Price to Earnings (P/E)	0.00	0.00	201.29	54.70	97.79
Dividend Yield	0.00%	0.00%	0.20%	0.65%	0.45%
Earnings Yield	0.00%	0.00%	0.50%	1.83%	1.02%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.58	3.29	1.95	3.18
Enterprise Value to Revenue (EV/Rev)	0.00	1.62	1.28	2.05	4.67
Enterprise Value to EBITDA (EV/EBITDA)	0.00	5.35	9.94	6.56	11.62
Enterprise Value to EBIT (EV/EBIT)	0.00	10.32	16.93	10.49	16.72
Enterprise Value to NOPAT (EV/NOPAT)	0.00	15.68	22.97	14.22	21.66
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	10.19	14.07	10.23	16.28
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	35.54	0.00	27.20
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	0.43	0.13	0.21	0.18
Long-Term Debt to Equity	0.00	0.40	0.11	0.18	0.15
Financial Leverage	0.00	-0.09	-0.31	-0.38	-0.33
Leverage Ratio	0.00	2.49	1.99	1.63	1.55
Compound Leverage Factor	0.00	1.11	1.15	1.16	1.17
Debt to Total Capital	0.00%	30.07%	11.57%	17.52%	15.35%
Short-Term Debt to Total Capital	0.00%	1.82%	1.49%	2.32%	2.50%
Long-Term Debt to Total Capital	0.00%	28.25%	10.08%	15.20%	12.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	80.11%	63.55%	59.44%	62.78%
Common Equity to Total Capital	0.00%	-1.11%	24.88%	23.04%	21.87%
Debt to EBITDA	0.00	1.60	0.70	1.06	1.00
Net Debt to EBITDA	0.00	-0.34	-2.31	-1.65	-1.86
Long-Term Debt to EBITDA	0.00	1.50	0.61	0.92	0.84
Debt to NOPAT	0.00	4.69	1.61	2.30	1.86
Net Debt to NOPAT	0.00	-0.99	-5.33	-3.57	-3.47
Long-Term Debt to NOPAT	0.00	4.41	1.40	2.00	1.56
Altman Z-Score	0.00	0.68	2.64	1.84	2.77
Noncontrolling Interest Sharing Ratio	0.00%	101.59%	82.91%	71.97%	73.13%
Liquidity Ratios	-	-	-	-	-
Current Ratio	0.00	0.94	2.10	3.43	3.49
Quick Ratio	0.00	0.69	1.56	3.29	3.24
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-821	89	-85	146
Operating Cash Flow to CapEx	264.10%	392.38%	188.73%	75.13%	215.83%
Free Cash Flow to Firm to Interest Expense	0.00	-10.16	1.50	-1.27	2.40
Operating Cash Flow to Interest Expense	1.22	1.75	3.78	3.46	4.01
Operating Cash Flow Less CapEx to Interest Expense	0.76	1.31	1.78	-1.15	2.15
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	0.36	0.92	0.40	0.30
Accounts Receivable Turnover	0.00	3.27	13.97	12.91	7.84
Inventory Turnover	0.00	3.72	13.69	0.00	0.00
Fixed Asset Turnover	0.00	0.62	1.71	0.75	0.52
Accounts Payable Turnover	0.00	1.25	9.34	9.38	21.80
Days Sales Outstanding (DSO)	0.00	111.60	26.12	28.28	46.57
Days Inventory Outstanding (DIO)	0.00	98.16	26.67	0.00	0.00
Days Payable Outstanding (DPO)	0.00	291.23	39.09	38.93	16.74
Cash Conversion Cycle (CCC)	0.00	-81.47	13.70	-10.65	29.82
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	0.00	913	962	1,214	1,251
Invested Capital Turnover	0.00	1.95	2.64	1.07	0.69
Increase / (Decrease) in Invested Capital	0.00	913	49	252	37
Enterprise Value (EV)	0.00	1,443	3,166	2,372	3,978
Market Capitalization	384	384	2,682	1,664	3,215
Book Value per Share	$0.00	($1.00)	$4.41	$4.67	$4.59
Tangible Book Value per Share	$0.00	($1.00)	$4.41	$4.67	$4.59
Total Capital	0.00	1,436	1,919	2,194	2,231
Total Debt	0.00	432	222	384	342
Total Long-Term Debt	0.00	406	193	333	287
Net Debt	0.00	-91	-735	-595	-637
Capital Expenditures (CapEx)	41	36	119	309	113
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-91	-72	-28	10
Debt-free Net Working Capital (DFNWC)	0.00	-3.63	461	547	594
Net Working Capital (NWC)	0.00	-30	432	496	538
Net Nonoperating Expense (NNE)	148	51	58	40	31
Net Nonoperating Obligations (NNO)	0.00	-91	-735	-595	-637
Total Depreciation and Amortization (D&A)	118	130	132	135	104
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-10.26%	-2.91%	-2.43%	1.21%
Debt-free Net Working Capital to Revenue	0.00%	-0.41%	18.63%	47.18%	69.75%
Net Working Capital to Revenue	0.00%	-3.35%	17.47%	42.78%	63.21%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.51	$1.16	$1.29
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	26.25M	26.26M	25.40M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.51	$1.11	$1.27
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	26.26M	108.30M	25.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	108.28M	108.28M	105.89M
Normalized Net Operating Profit after Tax (NOPAT)	-103	101	143	167	184
Normalized NOPAT Margin	0.00%	11.40%	5.78%	14.40%	21.57%
Pre Tax Income Margin	0.00%	7.02%	4.38%	13.81%	21.04%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-1.65	1.73	3.14	3.38	3.90
NOPAT to Interest Expense	-1.15	1.14	2.32	2.49	3.01
EBIT Less CapEx to Interest Expense	-2.11	1.28	1.14	-1.23	2.04
NOPAT Less CapEx to Interest Expense	-1.61	0.69	0.31	-2.12	1.15
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	-3.03%	0.00%	6.77%	14.82%	16.92%
Augmented Payout Ratio	-3.03%	0.00%	6.77%	14.82%	49.60%

This table displays calculated financial ratios and metrics derived from Excelerate 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
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	318.06%	208.97%	0.00%	-30.59%	-65.71%	-77.07%	-5.18%	-57.60%	-29.79%	14.37%
EBITDA Growth	45.51%	213.13%	873.49%	26.87%	29.39%	-58.13%	-16.89%	-2.62%	-17.29%	23.17%
EBIT Growth	96.21%	522.94%	223.65%	46.44%	43.88%	-68.88%	-6.28%	-0.64%	-8.93%	49.79%
NOPAT Growth	826.49%	1,619.72%	245.08%	198.19%	15.71%	-75.87%	-8.74%	0.93%	-8.31%	86.70%
Net Income Growth	2,606.75%	6,414.65%	146.44%	840.75%	24.77%	-82.25%	-8.46%	12.59%	-2.06%	129.85%
EPS Growth	0.00%	0.00%	0.00%	387.50%	17.65%	-12.00%	-7.69%	13.04%	-12.50%	90.91%
Operating Cash Flow Growth	-111.97%	2,082.35%	249.26%	-202.12%	2,820.97%	-84.80%	38.17%	504.96%	-76.71%	35.53%
Free Cash Flow Firm Growth	0.00%	0.00%	87.49%	115.02%	126.19%	-417.23%	92.65%	-32.39%	-75.88%	107.29%
Invested Capital Growth	0.00%	5.34%	16.89%	-13.03%	-22.28%	26.19%	3.96%	-9.23%	-4.14%	3.08%
Revenue Q/Q Growth	28.95%	30.32%	-79.84%	104.86%	-36.29%	-12.85%	-16.64%	-8.39%	5.50%	41.96%
EBITDA Q/Q Growth	19.43%	107.77%	-48.97%	0.18%	21.81%	-32.77%	1.30%	17.39%	3.46%	0.11%
EBIT Q/Q Growth	32.36%	179.75%	-62.20%	4.63%	30.05%	-39.50%	13.85%	10.92%	19.21%	-0.49%
NOPAT Q/Q Growth	220.55%	140.16%	-66.64%	1.67%	42.05%	-49.91%	26.14%	12.45%	29.05%	2.00%
Net Income Q/Q Growth	1,034.14%	202.92%	-72.77%	-3.85%	57.35%	-56.90%	40.39%	18.26%	36.87%	1.15%
EPS Q/Q Growth	525.00%	-26.47%	4.00%	-11.54%	73.91%	-45.00%	9.09%	8.33%	34.62%	20.00%
Operating Cash Flow Q/Q Growth	-128.72%	3,937.28%	-80.57%	-147.69%	865.28%	-78.56%	76.62%	39.77%	-55.99%	24.74%
Free Cash Flow Firm Q/Q Growth	0.57%	104.02%	-280.10%	308.40%	73.38%	-148.75%	95.83%	2,017.67%	-38.15%	-85.26%
Invested Capital Q/Q Growth	4.70%	-46.48%	19.75%	29.62%	-6.44%	-13.11%	-1.35%	13.18%	-1.19%	-6.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.04%	27.07%	73.85%	35.77%	61.48%	66.92%	80.07%	83.00%	78.60%	58.01%
EBITDA Margin	10.50%	16.74%	42.38%	20.72%	39.62%	30.57%	37.15%	47.59%	46.67%	32.92%
Operating Margin	6.21%	13.05%	23.49%	12.42%	24.50%	16.60%	22.57%	27.21%	30.89%	21.93%
EBIT Margin	6.30%	13.51%	25.34%	12.94%	26.41%	18.34%	25.04%	30.32%	34.26%	24.02%
Profit (Net Income) Margin	4.64%	10.79%	14.56%	6.84%	16.88%	8.35%	14.06%	18.15%	23.55%	16.78%
Tax Burden Percent	99.38%	87.20%	80.17%	75.27%	85.03%	72.13%	80.31%	81.75%	88.09%	89.14%
Interest Burden Percent	74.17%	91.53%	71.70%	70.19%	75.17%	63.12%	69.92%	73.22%	78.03%	78.38%
Effective Tax Rate	0.62%	12.80%	19.83%	24.73%	14.97%	27.87%	19.69%	18.25%	11.91%	10.86%
Return on Invested Capital (ROIC)	12.13%	30.02%	47.29%	14.52%	25.64%	12.76%	17.71%	14.04%	16.25%	13.50%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.57%	31.52%	50.21%	28.49%	34.07%	14.07%	19.06%	16.03%	17.74%	14.74%
Return on Net Nonoperating Assets (RNNOA)	-0.41%	-9.64%	-11.23%	-1.31%	-2.55%	-5.34%	-6.45%	-3.36%	-4.57%	-4.91%
Return on Equity (ROE)	11.72%	20.38%	36.06%	13.20%	23.09%	7.42%	11.26%	10.68%	11.68%	8.59%
Cash Return on Invested Capital (CROIC)	0.00%	9.50%	6.23%	29.47%	41.22%	-7.82%	10.03%	21.16%	15.86%	11.87%
Operating Return on Assets (OROA)	3.73%	12.45%	25.68%	11.50%	17.64%	7.42%	9.82%	9.45%	9.70%	7.12%
Return on Assets (ROA)	2.75%	9.94%	14.76%	6.07%	11.28%	3.38%	5.51%	5.66%	6.67%	4.97%
Return on Common Equity (ROCE)	4.18%	3.48%	21.34%	4.20%	7.30%	2.08%	3.12%	2.93%	3.19%	2.31%
Return on Equity Simple (ROE_SIMPLE)	-5.90%	0.00%	36.61%	42.96%	43.61%	0.00%	24.77%	25.65%	25.29%	0.00%
Net Operating Profit after Tax (NOPAT)	50	119	40	40	57	29	36	41	53	54
NOPAT Margin	6.18%	11.38%	18.83%	9.34%	20.83%	11.98%	18.12%	22.24%	27.21%	19.55%
Net Nonoperating Expense Percent (NNEP)	16.70%	-1.51%	-2.92%	-13.97%	-8.43%	-1.31%	-1.35%	-1.99%	-1.49%	-1.23%
Return On Investment Capital (ROIC_SIMPLE)	-	6.21%	-	-	-	1.31%	-	-	-	2.41%
Cost of Revenue to Revenue	81.96%	72.93%	26.15%	64.23%	38.52%	33.08%	19.93%	17.00%	21.40%	41.99%
SG&A Expenses to Revenue	2.34%	2.07%	10.57%	4.99%	7.08%	10.03%	10.77%	13.80%	12.31%	8.55%
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	11.83%	-35.03%	50.37%	23.36%	36.98%	50.32%	57.51%	55.79%	47.71%	36.08%
Earnings before Interest and Taxes (EBIT)	51	141	53	56	73	44	50	56	66	66
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	84	175	89	90	109	73	74	87	90	90
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.27	5.62	4.92	4.47	3.64	3.29	3.45	3.96	4.69	6.59
Price to Tangible Book Value (P/TBV)	4.27	5.62	4.92	4.47	3.64	3.29	3.45	3.96	4.69	6.59
Price to Revenue (P/Rev)	1.42	1.08	0.89	0.88	0.93	1.44	1.51	2.20	2.88	3.78
Price to Earnings (P/E)	0.00	201.29	27.88	23.46	18.65	54.70	57.95	64.56	91.85	97.79
Dividend Yield	0.11%	0.20%	0.23%	0.49%	0.59%	0.65%	0.78%	0.54%	0.45%	0.45%
Earnings Yield	0.00%	0.50%	3.59%	4.26%	5.36%	1.83%	1.73%	1.55%	1.09%	1.02%
Enterprise Value to Invested Capital (EV/IC)	1.90	3.29	2.65	2.14	1.95	1.95	2.03	2.09	2.38	3.18
Enterprise Value to Revenue (EV/Rev)	1.94	1.28	1.14	1.28	1.39	2.05	2.12	3.15	3.91	4.67
Enterprise Value to EBITDA (EV/EBITDA)	17.16	9.94	7.26	7.28	5.89	6.56	7.03	8.23	9.82	11.62
Enterprise Value to EBIT (EV/EBIT)	50.15	16.93	10.74	10.59	8.43	10.49	10.93	12.73	14.79	16.72
Enterprise Value to NOPAT (EV/NOPAT)	66.90	22.97	13.08	12.80	10.58	14.22	14.90	17.30	20.06	21.66
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	14.07	10.05	12.32	6.25	10.23	9.75	7.81	13.80	16.28
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	35.54	45.81	6.75	4.14	0.00	20.66	9.39	14.72	27.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.13	0.13	0.23	0.36	0.35	0.21	0.21	0.29	0.28	0.18
Long-Term Debt to Equity	0.12	0.11	0.21	0.34	0.32	0.18	0.18	0.26	0.25	0.15
Financial Leverage	0.09	-0.31	-0.22	-0.05	-0.07	-0.38	-0.34	-0.21	-0.26	-0.33
Leverage Ratio	1.81	1.99	1.92	1.67	1.70	1.63	1.65	1.60	1.57	1.55
Compound Leverage Factor	1.34	1.82	1.38	1.17	1.28	1.03	1.15	1.17	1.22	1.22
Debt to Total Capital	11.76%	11.57%	18.68%	26.55%	25.68%	17.52%	17.04%	22.35%	21.61%	15.35%
Short-Term Debt to Total Capital	1.11%	1.49%	1.36%	1.57%	2.01%	2.32%	2.40%	2.30%	2.30%	2.50%
Long-Term Debt to Total Capital	10.66%	10.08%	17.32%	24.98%	23.67%	15.20%	14.64%	20.04%	19.31%	12.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	56.77%	63.55%	58.52%	52.95%	53.56%	59.44%	60.20%	56.70%	57.48%	62.78%
Common Equity to Total Capital	31.47%	24.88%	22.79%	20.51%	20.76%	23.04%	22.76%	20.96%	20.91%	21.87%
Debt to EBITDA	1.10	0.70	0.94	1.45	1.34	1.06	1.08	1.55	1.60	1.00
Net Debt to EBITDA	-0.75	-2.31	-1.36	-0.60	-0.88	-1.65	-1.80	-1.43	-1.67	-1.86
Long-Term Debt to EBITDA	1.00	0.61	0.88	1.36	1.24	0.92	0.93	1.39	1.43	0.84
Debt to NOPAT	4.30	1.61	1.70	2.54	2.42	2.30	2.30	3.25	3.26	1.86
Net Debt to NOPAT	-2.94	-5.33	-2.45	-1.05	-1.57	-3.57	-3.82	-3.01	-3.41	-3.47
Long-Term Debt to NOPAT	3.90	1.40	1.58	2.39	2.23	2.00	1.97	2.91	2.91	1.56
Altman Z-Score	1.95	2.59	2.26	2.29	2.00	1.63	1.70	1.77	2.07	2.57
Noncontrolling Interest Sharing Ratio	64.34%	82.91%	40.82%	68.16%	68.37%	71.97%	72.28%	72.56%	72.71%	73.13%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.78	2.10	2.45	3.56	4.15	3.43	3.52	3.43	4.12	3.49
Quick Ratio	1.25	1.56	1.94	3.21	3.84	3.29	3.37	3.29	3.95	3.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,748	70	-127	264	458	-223	-9.31	179	110	16
Operating Cash Flow to CapEx	-28.74%	434.83%	313.46%	-8.03%	1,467.56%	440.62%	506.39%	354.44%	347.77%	78.08%
Free Cash Flow to Firm to Interest Expense	-127.68	5.28	-8.15	15.47	26.13	-13.24	-0.60	11.54	7.30	1.10
Operating Cash Flow to Interest Expense	-0.46	18.07	3.01	-1.31	9.75	2.17	4.14	5.84	2.63	3.35
Operating Cash Flow Less CapEx to Interest Expense	-2.05	13.91	2.05	-17.58	9.09	1.68	3.33	4.19	1.87	-0.94
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.59	0.92	1.01	0.89	0.67	0.40	0.39	0.31	0.28	0.30
Accounts Receivable Turnover	5.41	13.97	28.96	14.80	10.60	12.91	18.49	9.39	12.94	7.84
Inventory Turnover	5.53	13.69	21.28	37.71	9.14	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	1.25	1.71	1.72	1.61	1.28	0.75	0.68	0.54	0.50	0.52
Accounts Payable Turnover	3.68	9.34	91.71	18.74	6.35	9.38	54.03	9.29	19.75	21.80
Days Sales Outstanding (DSO)	67.47	26.12	12.60	24.66	34.45	28.28	19.74	38.85	28.21	46.57
Days Inventory Outstanding (DIO)	66.01	26.67	17.15	9.68	39.93	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	99.13	39.09	3.98	19.47	57.45	38.93	6.76	39.29	18.48	16.74
Cash Conversion Cycle (CCC)	34.35	13.70	25.78	14.87	16.92	-10.65	12.99	-0.44	9.73	29.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,797	962	1,152	1,493	1,397	1,214	1,198	1,355	1,339	1,251
Invested Capital Turnover	1.96	2.64	2.51	1.55	1.23	1.07	0.98	0.63	0.60	0.69
Increase / (Decrease) in Invested Capital	1,797	49	166	-224	-400	252	46	-138	-58	37
Enterprise Value (EV)	3,422	3,166	3,047	3,192	2,728	2,372	2,435	2,832	3,194	3,978
Market Capitalization	2,511	2,682	2,378	2,189	1,835	1,664	1,732	1,975	2,357	3,215
Book Value per Share	$5.43	$4.41	$4.46	$4.52	$4.65	$4.67	$4.63	$4.66	$4.69	$4.59
Tangible Book Value per Share	$5.43	$4.41	$4.46	$4.52	$4.65	$4.67	$4.63	$4.66	$4.69	$4.59
Total Capital	1,870	1,919	2,120	2,389	2,426	2,194	2,204	2,381	2,402	2,231
Total Debt	220	222	396	634	623	384	375	532	519	342
Total Long-Term Debt	199	193	367	597	574	333	323	477	464	287
Net Debt	-150	-735	-572	-262	-406	-595	-624	-493	-543	-637
Capital Expenditures (CapEx)	22	55	15	278	12	8.31	13	25	11	64
Debt-free, Cash-free Net Working Capital (DFCFNWC)	91	-72	-67	54	-28	-28	-51	-77	-21	10
Debt-free Net Working Capital (DFNWC)	440	461	480	533	593	547	550	554	634	594
Net Working Capital (NWC)	419	432	451	495	544	496	497	499	579	538
Net Nonoperating Expense (NNE)	12	6.22	9.00	11	11	8.71	8.13	7.50	7.08	7.61
Net Nonoperating Obligations (NNO)	148	-735	-572	-262	-406	-595	-631	-493	-543	-637
Total Depreciation and Amortization (D&A)	34	34	36	34	36	29	24	32	24	24
Debt-free, Cash-free Net Working Capital to Revenue	5.14%	-2.91%	-2.50%	2.18%	-1.43%	-2.43%	-4.44%	-8.56%	-2.54%	1.21%
Debt-free Net Working Capital to Revenue	24.92%	18.63%	17.90%	21.37%	30.17%	47.18%	47.87%	61.58%	77.60%	69.75%
Net Working Capital to Revenue	23.75%	17.47%	16.82%	19.87%	27.68%	42.78%	43.26%	55.48%	70.84%	63.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.34	$0.25	$0.26	$0.23	$0.53	$0.14	$0.24	$0.27	$0.36	$0.42
Adjusted Weighted Average Basic Shares Outstanding	26.25M	26.25M	26.25M	26.25M	26.25M	26.26M	26.16M	25.18M	25.01M	25.40M
Adjusted Diluted Earnings per Share	$0.34	$0.25	$0.26	$0.23	$0.40	$0.22	$0.24	$0.26	$0.35	$0.42
Adjusted Weighted Average Diluted Shares Outstanding	26.26M	26.26M	26.27M	26.27M	108.30M	108.30M	26.18M	25.34M	25.47M	25.84M
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	108.28M	108.28M	108.28M	108.28M	108.28M	108.28M	107.13M	107.07M	106.28M	105.89M
Normalized Net Operating Profit after Tax (NOPAT)	51	119	40	40	57	29	36	41	53	54
Normalized NOPAT Margin	6.34%	11.40%	18.83%	9.34%	20.83%	11.98%	18.12%	22.24%	27.21%	19.55%
Pre Tax Income Margin	4.67%	12.37%	18.17%	9.08%	19.85%	11.58%	17.51%	22.20%	26.73%	18.82%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.69	10.61	3.44	3.28	4.15	2.61	3.21	3.59	4.38	4.45
NOPAT to Interest Expense	3.62	8.94	2.56	2.37	3.28	1.71	2.32	2.64	3.48	3.62
EBIT Less CapEx to Interest Expense	2.10	6.46	2.48	-13.00	3.49	2.12	2.39	1.94	3.63	0.16
NOPAT Less CapEx to Interest Expense	2.03	4.78	1.60	-13.91	2.61	1.21	1.51	0.99	2.72	-0.67
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-7.80%	6.77%	0.00%	6.09%	5.84%	14.82%	17.31%	15.01%	15.23%	16.92%
Augmented Payout Ratio	-7.80%	6.77%	0.00%	6.09%	5.84%	14.82%	17.31%	15.01%	15.23%	49.60%

Frequently Asked Questions About Excelerate Energy's Financials

When does Excelerate Energy's fiscal year end?

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

How has Excelerate Energy's net income changed over the last 4 years?

Excelerate Energy's net income appears to be on an upward trend, with a most recent value of $153.03 million in 2024, falling from -$250.57 million in 2020. The previous period was $126.84 million in 2023. See Excelerate Energy's forecast for analyst expectations on what’s next for the company.

What is Excelerate Energy's operating income?

Excelerate Energy's total operating income in 2024 was $215.00 million, based on the following breakdown:

Total Gross Profit: $623.69 million
Total Operating Expenses: $408.70 million

How has Excelerate Energy revenue changed over the last 4 years?

Over the last 4 years, Excelerate Energy's total revenue changed from $0.00 in 2020 to $851.44 million in 2024, a change of 85,143,700,000.0%.

How much debt does Excelerate Energy have?

Excelerate Energy's total liabilities were at $994.71 million at the end of 2024, a 5.4% decrease from 2023, and a 33.5% decrease since 2021.

How much cash does Excelerate Energy have?

In the past 3 years, Excelerate Energy's cash and equivalents has ranged from $72.79 million in 2021 to $555.85 million in 2023, and is currently $537.52 million as of their latest financial filing in 2024.

How has Excelerate Energy's book value per share changed over the last 4 years?

Over the last 4 years, Excelerate Energy's book value per share changed from 0.00 in 2020 to 4.59 in 2024, a change of 459.1%.

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This page (NYSE:EE) was last updated on 5/2/2025 by MarketBeat.com Staff

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Excelerate Energy (EE) Financials

Frequently Asked Questions About Excelerate Energy's Financials

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Excelerate Energy (EE) Financials

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