Genie Energy (GNE) Financials

$19.19 -0.24 (-1.23%)

As of 11:23 AM 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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	13	19	86
Consolidated Net Income / (Loss)	12	20	87
Net Income / (Loss) Continuing Operations	15	14	56
Total Pre-Tax Income	20	18	78
Total Operating Income	11	10	78
Total Gross Profit	138	146	155
Total Revenue	425	429	316
Operating Revenue	425	429	316
Total Cost of Revenue	287	283	161
Operating Cost of Revenue	287	283	161
Total Operating Expenses	127	136	77
Selling, General & Admin Expense	93	91	75
Other Operating Expenses / (Income)	34	45	0.00
Impairment Charge	0.19	0.00	2.07
Total Other Income / (Expense), net	8.58	8.10	-0.23
Interest Expense	0.46	0.10	0.13
Interest & Investment Income	7.42	5.55	0.42
Other Income / (Expense), net	1.62	2.64	-0.52
Income Tax Expense	4.67	4.24	21
Net Income / (Loss) Discontinued Operations	-2.91	6.41	30
Preferred Stock Dividends Declared	0.00	0.33	1.94
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.29	0.74	-0.87
Basic Earnings per Share	$0.47	$0.75	$3.35
Weighted Average Basic Shares Outstanding	26.76M	25.55M	25.63M
Diluted Earnings per Share	$0.46	$0.74	$3.26
Weighted Average Diluted Shares Outstanding	27.16M	26.06M	26.37M
Weighted Average Basic & Diluted Shares Outstanding	27.01M	27.36M	26.01M
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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-15	10	9.61	8.12	-25	14	15	14	16	18
Consolidated Net Income / (Loss)	-15	10	9.36	8.17	-24	14	15	14	17	16
Net Income / (Loss) Continuing Operations	-13	10	9.50	8.43	-24	15	12	11	12	17
Total Pre-Tax Income	-19	14	13	11	-33	20	16	15	17	24
Total Operating Income	-21	12	11	9.85	-34	18	15	11	15	24
Total Gross Profit	33	38	33	34	34	41	38	33	35	43
Total Revenue	103	112	91	120	105	125	93	105	81	81
Operating Revenue	103	112	91	120	105	125	93	105	81	81
Total Cost of Revenue	69	74	57	86	71	84	55	72	47	38
Operating Cost of Revenue	69	74	57	86	71	84	55	72	47	38
Total Operating Expenses	54	26	23	24	68	23	23	22	19	20
Selling, General & Admin Expense	23	25	22	23	23	23	23	22	17	20
Other Operating Expenses / (Income)	31	0.99	0.64	1.04	45	0.00	0.00	0.00	-	-
Total Other Income / (Expense), net	2.17	2.50	2.40	1.51	1.34	1.63	1.00	4.13	1.10	0.37
Interest Expense	0.08	0.02	0.33	0.03	0.02	0.03	0.03	0.02	-0.01	0.03
Interest & Investment Income	2.03	2.47	1.47	1.46	1.86	1.67	1.13	0.90	0.96	0.19
Other Income / (Expense), net	0.22	0.06	1.26	0.08	-0.49	-0.00	-0.10	3.25	0.14	0.21
Income Tax Expense	-5.64	3.92	3.47	2.92	-8.71	5.02	3.87	4.07	4.25	6.48
Net Income / (Loss) Discontinued Operations	-2.47	-0.03	-0.15	-0.27	0.49	-0.30	3.17	3.06	4.52	-1.46
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.11	0.03	-0.26	0.05	0.86	-0.26	0.18	-0.04	0.18	-2.80
Basic Earnings per Share	($0.57)	$0.38	$0.36	$0.30	($0.93)	$0.54	$0.58	$0.56	$0.61	$0.73
Weighted Average Basic Shares Outstanding	26.76M	26.53M	26.57M	26.79M	25.55M	26.62M	25.71M	25.33M	25.63M	25.23M
Diluted Earnings per Share	($0.58)	$0.38	$0.36	$0.30	($0.90)	$0.53	$0.57	$0.54	$0.59	$0.70
Weighted Average Diluted Shares Outstanding	27.16M	26.87M	27.03M	27.30M	26.06M	27.36M	26.32M	26.62M	26.37M	26.21M
Weighted Average Basic & Diluted Shares Outstanding	27.01M	27.20M	26.89M	27.13M	27.36M	27.42M	27.46M	26.01M	26.01M	25.89M
Cash Dividends to Common per Share	$0.07	$0.08	$0.08	$0.08	$0.07	$0.08	$0.08	$0.08	$0.07	$0.08

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	39	61	5.86
Net Cash From Operating Activities	71	62	81
Net Cash From Continuing Operating Activities	60	51	66
Net Income / (Loss) Continuing Operations	15	14	56
Consolidated Net Income / (Loss)	12	20	87
Net Income / (Loss) Discontinued Operations	-2.91	6.41	30
Depreciation Expense	0.88	0.46	0.39
Non-Cash Adjustments To Reconcile Net Income	38	52	7.98
Changes in Operating Assets and Liabilities, net	6.02	-16	1.15
Net Cash From Discontinued Operating Activities	10	12	15
Net Cash From Investing Activities	-16	14	-49
Net Cash From Continuing Investing Activities	-16	-10	-5.23
Purchase of Property, Plant & Equipment	-6.70	-1.36	-1.02
Acquisitions	-1.34	-7.67	0.00
Purchase of Investments	-7.38	-11	-2.73
Sale and/or Maturity of Investments	0.58	10	0.00
Other Investing Activities, net	-1.20	0.02	-1.49
Net Cash From Discontinued Investing Activities	0.00	24	-44
Net Cash From Financing Activities	-16	-15	-26
Net Cash From Continuing Financing Activities	-16	-15	-26
Repurchase of Preferred Equity	0.00	-8.36	-11
Repurchase of Common Equity	-15	-2.93	-4.98
Payment of Dividends	-8.21	-8.87	-9.16
Issuance of Debt	7.29	0.00	0.00
Other Financing Activities, net	0.00	5.00	0.00
Effect of Exchange Rate Changes	0.01	-0.06	0.02
Cash Interest Paid	0.10	0.09	0.12
Cash Income Taxes Paid	3.63	21	8.57

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	11	14	14	-0.57	20	32	5.25	3.79	15	26
Net Cash From Operating Activities	13	24	20	13	10	32	9.01	11	28	26
Net Cash From Continuing Operating Activities	11	23	18	8.72	18	28	3.05	1.52	21	19
Net Income / (Loss) Continuing Operations	-13	10	9.50	8.43	-24	15	12	11	12	17
Consolidated Net Income / (Loss)	-15	10	9.36	8.17	-24	14	15	14	17	16
Net Income / (Loss) Discontinued Operations	-2.47	-0.03	-0.15	-0.27	0.49	-0.30	3.17	3.06	4.52	-1.46
Depreciation Expense	0.24	0.23	0.20	0.22	0.18	0.10	0.08	0.12	0.10	0.10
Non-Cash Adjustments To Reconcile Net Income	32	1.84	1.30	2.88	48	1.54	1.53	1.35	2.80	1.32
Changes in Operating Assets and Liabilities, net	-8.30	11	6.61	-2.82	-5.61	12	-11	-11	5.82	0.18
Net Cash From Discontinued Operating Activities	1.91	1.56	2.80	4.21	-7.92	3.79	5.96	9.71	6.53	6.51
Net Cash From Investing Activities	-4.49	-4.40	-1.30	-5.84	12	3.39	2.60	-4.16	-1.54	3.89
Net Cash From Continuing Investing Activities	-4.49	-4.40	-1.30	-5.84	-9.26	0.81	2.60	-4.16	-1.39	-1.62
Purchase of Property, Plant & Equipment	-2.67	-2.46	-0.36	-1.21	-0.49	-0.32	-0.46	-0.10	0.04	-1.00
Purchase of Investments	-2.40	-1.93	-0.95	-2.09	-1.11	-0.60	-4.75	-4.56	-1.43	-0.50
Sale and/or Maturity of Investments	0.58	-	-	0.00	-	2.01	7.67	0.34	-	-
Other Investing Activities, net	1.34	-	-	-2.54	0.02	-	-	0.00	0.02	-0.12
Net Cash From Financing Activities	2.71	-6.14	-4.60	-7.73	-2.64	-2.92	-6.32	-3.27	-11	-3.56
Net Cash From Continuing Financing Activities	2.71	-6.14	-4.60	-7.73	-2.64	-2.92	-6.32	-3.27	-11	-3.56
Repurchase of Common Equity	-2.54	-4.12	-2.56	-5.61	-0.59	-0.86	-1.31	-0.17	-0.16	-0.34
Payment of Dividends	-2.04	-2.02	-2.03	-2.12	-2.06	-2.06	-2.66	-2.11	-2.26	-2.23
Effect of Exchange Rate Changes	0.13	0.02	-0.21	0.07	-0.12	0.10	-0.03	-0.01	0.03	0.11

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

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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	342	323	328	316	286	293	260
Total Current Assets	228	216	228	270	243	247	215
Cash & Equivalents	136	122	107	140	111	105	82
Restricted Cash	7.69	9.18	9.92	3.57	3.83	3.79	5.56
Short-Term Investments	0.42	0.34	0.37	0.41	0.45	4.66	0.47
Accounts Receivable	50	54	60	61	58	65	44
Inventories, net	8.51	5.64	18	15	18	19	19
Prepaid Expenses	11	12	15	12	8.79	7.86	7.81
Other Current Assets	6.73	5.58	6.09	4.63	7.06	5.36	8.16
Other Current Nonoperating Assets	6.28	7.08	11	34	36	36	49
Plant, Property, & Equipment, net	22	20	16	6.11	1.42	0.96	0.00
Total Noncurrent Assets	92	86	84	39	41	45	45
Goodwill	13	13	10.00	10.00	10.00	10.00	10.00
Intangible Assets	2.46	2.55	2.64	2.83	2.93	3.03	3.23
Noncurrent Deferred & Refundable Income Taxes	5.20	5.21	5.20	5.80	5.80	5.80	5.20
Other Noncurrent Operating Assets	66	62	62	13	13	14	13
Other Noncurrent Nonoperating Assets	5.18	4.30	4.53	7.55	9.38	13	14
Total Liabilities & Shareholders' Equity	342	323	328	316	286	293	260
Total Liabilities	141	133	149	108	90	107	98
Total Current Liabilities	89	83	101	106	87	105	86
Accounts Payable	24	27	22	25	24	20	19
Accrued Expenses	44	36	54	45	34	39	42
Current Deferred & Payable Income Tax Liabilities	13	9.06	9.61	16	11	28	18
Other Current Liabilities	6.31	6.66	6.23	8.74	7.40	7.58	2.15
Other Current Nonoperating Liabilities	1.64	4.79	8.52	11	11	11	5.73
Total Noncurrent Liabilities	53	50	48	2.53	2.78	2.58	12
Long-Term Debt	1.78	-	-	-	-	-	-
Other Noncurrent Operating Liabilities	50	49	48	1.86	2.09	1.89	2.16
Other Noncurrent Nonoperating Liabilities	0.70	0.68	0.68	0.67	0.69	0.69	9.50
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	200	190	179	207	196	186	162
Total Preferred & Common Equity	211	202	193	221	209	199	175
Preferred Stock	0.00	0.00	0.00	0.00	0.00	7.36	17
Total Common Equity	211	202	193	221	209	192	159
Common Stock	159	158	158	155	155	148	146
Retained Earnings	82	74	66	87	74	61	35
Treasury Stock	-35	-32	-29	-22	-22	-19	-19
Accumulated Other Comprehensive Income / (Loss)	5.21	1.84	-1.91	1.41	1.97	1.90	-3.08
Noncontrolling Interest	-11	-13	-13	-14	-13	-14	-13

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-0.82%	35.87%	-2.39%
EBITDA Growth	5.17%	-83.10%	163.49%
EBIT Growth	2.03%	-83.62%	166.12%
NOPAT Growth	12.68%	-86.47%	244.82%
Net Income Growth	-39.37%	-76.67%	212.23%
EPS Growth	-37.84%	-77.30%	210.48%
Operating Cash Flow Growth	13.23%	-22.56%	17.99%
Free Cash Flow Firm Growth	130.83%	-130.85%	160.43%
Invested Capital Growth	6.00%	102.22%	-7.43%
Revenue Q/Q Growth	-0.47%	5.81%	10.37%
EBITDA Q/Q Growth	3,808.06%	-79.29%	11.24%
EBIT Q/Q Growth	1,180.33%	-79.90%	11.29%
NOPAT Q/Q Growth	673.69%	-82.77%	12.17%
Net Income Q/Q Growth	199.66%	-66.64%	-10.97%
EPS Q/Q Growth	228.57%	-66.82%	-12.37%
Operating Cash Flow Q/Q Growth	3.73%	-21.52%	-33.54%
Free Cash Flow Firm Q/Q Growth	133.70%	-147.81%	1.78%
Invested Capital Q/Q Growth	11.32%	52.23%	-6.16%
Profitability Metrics	-	-	-
Gross Margin	32.57%	34.10%	49.05%
EBITDA Margin	3.24%	3.06%	24.60%
Operating Margin	2.66%	2.33%	24.64%
EBIT Margin	3.04%	2.95%	24.48%
Profit (Net Income) Margin	2.89%	4.73%	27.55%
Tax Burden Percent	61.88%	111.98%	112.14%
Interest Burden Percent	153.90%	143.11%	100.37%
Effective Tax Rate	23.49%	23.41%	27.14%
Return on Invested Capital (ROIC)	16.45%	20.13%	216.11%
ROIC Less NNEP Spread (ROIC-NNEP)	13.63%	11.18%	190.01%
Return on Net Nonoperating Assets (RNNOA)	-9.70%	-8.80%	-154.98%
Return on Equity (ROE)	6.75%	11.32%	61.13%
Cash Return on Invested Capital (CROIC)	10.63%	-47.52%	223.82%
Operating Return on Assets (OROA)	3.68%	4.16%	30.46%
Return on Assets (ROA)	3.50%	6.67%	34.29%
Return on Common Equity (ROCE)	7.19%	11.89%	60.67%
Return on Equity Simple (ROE_SIMPLE)	6.45%	10.28%	46.46%
Net Operating Profit after Tax (NOPAT)	8.64	7.67	57
NOPAT Margin	2.03%	1.79%	17.95%
Net Nonoperating Expense Percent (NNEP)	2.82%	8.95%	26.10%
Return On Investment Capital (ROIC_SIMPLE)	4.59%	4.15%	32.63%
Cost of Revenue to Revenue	67.43%	65.90%	50.95%
SG&A Expenses to Revenue	21.97%	21.25%	23.76%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	29.91%	31.77%	24.41%
Earnings before Interest and Taxes (EBIT)	13	13	77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	13	78
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.21	3.82	1.44
Price to Tangible Book Value (P/TBV)	2.41	4.08	1.55
Price to Revenue (P/Rev)	0.99	1.76	0.81
Price to Earnings (P/E)	33.51	39.23	2.99
Dividend Yield	1.93%	1.09%	3.78%
Earnings Yield	2.98%	2.55%	33.47%
Enterprise Value to Invested Capital (EV/IC)	5.33	12.21	5.81
Enterprise Value to Revenue (EV/Rev)	0.68	1.45	0.46
Enterprise Value to EBITDA (EV/EBITDA)	20.89	47.44	1.89
Enterprise Value to EBIT (EV/EBIT)	22.32	49.17	1.90
Enterprise Value to NOPAT (EV/NOPAT)	33.35	81.17	2.58
Enterprise Value to Operating Cash Flow (EV/OCF)	4.07	9.96	1.81
Enterprise Value to Free Cash Flow (EV/FCFF)	51.63	0.00	2.49
Leverage & Solvency	-	-	-
Debt to Equity	0.05	0.00	0.00
Long-Term Debt to Equity	0.05	0.00	0.00
Financial Leverage	-0.71	-0.79	-0.82
Leverage Ratio	1.93	1.70	1.78
Compound Leverage Factor	2.97	2.43	1.79
Debt to Total Capital	4.61%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	4.61%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	4.81%
Noncontrolling Interests to Total Capital	-5.82%	-6.90%	-7.76%
Common Equity to Total Capital	101.22%	106.90%	102.95%
Debt to EBITDA	0.63	0.00	0.00
Net Debt to EBITDA	-8.90	0.00	0.00
Long-Term Debt to EBITDA	0.63	0.00	0.00
Debt to NOPAT	1.00	0.00	0.00
Net Debt to NOPAT	-14.21	0.00	0.00
Long-Term Debt to NOPAT	1.00	0.00	0.00
Altman Z-Score	3.20	5.25	4.34
Noncontrolling Interest Sharing Ratio	-6.51%	-4.98%	0.75%
Liquidity Ratios	-	-	-
Current Ratio	2.07	2.34	2.29
Quick Ratio	1.52	1.73	1.55
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	5.58	-18	59
Operating Cash Flow to CapEx	1,056.48%	4,583.86%	7,917.96%
Free Cash Flow to Firm to Interest Expense	12.03	-182.82	454.86
Operating Cash Flow to Interest Expense	152.46	631.09	625.46
Operating Cash Flow Less CapEx to Interest Expense	138.03	617.32	617.56
Efficiency Ratios	-	-	-
Asset Turnover	1.21	1.41	1.24
Accounts Receivable Turnover	6.87	7.33	6.54
Inventory Turnover	21.41	18.64	9.62
Fixed Asset Turnover	21.03	53.31	531.21
Accounts Payable Turnover	9.70	10.62	7.96
Days Sales Outstanding (DSO)	53.12	49.82	55.78
Days Inventory Outstanding (DIO)	17.05	19.58	37.96
Days Payable Outstanding (DPO)	37.63	34.36	45.85
Cash Conversion Cycle (CCC)	32.54	35.04	47.89
Capital & Investment Metrics	-	-	-
Invested Capital	54	51	25
Invested Capital Turnover	8.10	11.26	12.04
Increase / (Decrease) in Invested Capital	3.06	26	-2.02
Enterprise Value (EV)	288	622	146
Market Capitalization	422	753	257
Book Value per Share	$7.00	$7.19	$6.91
Tangible Book Value per Share	$6.45	$6.73	$6.40
Total Capital	188	185	174
Total Debt	8.67	0.00	0.00
Total Long-Term Debt	8.67	0.00	0.00
Net Debt	-123	-118	-105
Capital Expenditures (CapEx)	6.70	1.36	1.02
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-14	13	23
Debt-free Net Working Capital (DFNWC)	118	132	128
Net Working Capital (NWC)	118	132	128
Net Nonoperating Expense (NNE)	-3.66	-13	-30
Net Nonoperating Obligations (NNO)	-126	-134	-148
Total Depreciation and Amortization (D&A)	0.88	0.46	0.39
Debt-free, Cash-free Net Working Capital to Revenue	-3.24%	3.06%	7.41%
Debt-free Net Working Capital to Revenue	27.67%	30.69%	40.70%
Net Working Capital to Revenue	27.67%	30.69%	40.70%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.47	$0.75	$3.35
Adjusted Weighted Average Basic Shares Outstanding	26.76M	25.55M	25.63M
Adjusted Diluted Earnings per Share	$0.46	$0.74	$3.26
Adjusted Weighted Average Diluted Shares Outstanding	27.16M	26.06M	26.37M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.01M	27.36M	26.01M
Normalized Net Operating Profit after Tax (NOPAT)	8.78	7.67	58
Normalized NOPAT Margin	2.06%	1.79%	18.43%
Pre Tax Income Margin	4.67%	4.22%	24.57%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	27.82	127.81	598.71
NOPAT to Interest Expense	18.62	77.43	439.18
EBIT Less CapEx to Interest Expense	13.39	114.04	590.81
NOPAT Less CapEx to Interest Expense	4.19	63.67	431.28
Payout Ratios	-	-	-
Dividend Payout Ratio	66.78%	43.76%	10.53%
Augmented Payout Ratio	187.35%	58.18%	16.26%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.92%	-10.50%	-2.96%	13.69%	28.91%	53.84%	39.62%	22.52%	57.29%	-7.27%
EBITDA Growth	41.06%	-33.45%	-19.90%	-30.66%	-319.55%	-24.62%	30.55%	-44.89%	99.59%	39.10%
EBIT Growth	40.67%	-34.39%	-20.80%	-31.62%	-322.04%	-24.71%	30.97%	-45.13%	100.73%	35.74%
NOPAT Growth	39.16%	-36.45%	-32.16%	-11.83%	-307.81%	-22.55%	35.37%	-57.50%	134.32%	38.23%
Net Income Growth	34.64%	-27.95%	-39.01%	-43.24%	-240.35%	-11.10%	-58.96%	-14.00%	-38.87%	789.30%
EPS Growth	35.56%	-28.30%	-36.84%	-44.44%	-252.54%	-24.29%	-56.15%	-19.40%	-43.81%	800.00%
Operating Cash Flow Growth	24.31%	-23.20%	126.62%	15.06%	-62.10%	24.41%	-2.23%	-38.75%	-59.61%	328.78%
Free Cash Flow Firm Growth	64.55%	-199.15%	-89.69%	-203.42%	-467.09%	-72.57%	229.58%	-40.52%	22.91%	46.26%
Invested Capital Growth	6.00%	44.96%	9.51%	57.78%	102.22%	24.66%	-29.77%	-11.12%	-7.43%	-21.01%
Revenue Q/Q Growth	-8.06%	23.40%	-24.22%	14.08%	-16.10%	33.80%	-11.22%	29.35%	0.13%	21.43%
EBITDA Q/Q Growth	-270.01%	-0.48%	18.46%	129.41%	-291.93%	19.79%	2.53%	-6.87%	-34.10%	107.46%
EBIT Q/Q Growth	-275.38%	-0.79%	19.10%	128.63%	-293.94%	19.76%	2.82%	-7.03%	-34.24%	108.34%
NOPAT Q/Q Growth	-272.40%	9.10%	5.80%	130.57%	-280.09%	16.46%	37.51%	-27.95%	-32.88%	103.56%
Net Income Q/Q Growth	-251.13%	9.33%	14.53%	134.54%	-266.58%	-7.44%	6.58%	-14.60%	5.52%	-57.27%
EPS Q/Q Growth	-252.63%	5.56%	20.00%	133.33%	-269.81%	-7.02%	5.56%	-8.47%	-15.71%	-46.15%
Operating Cash Flow Q/Q Growth	-46.75%	19.60%	57.89%	23.62%	-67.10%	252.90%	-19.83%	-59.28%	7.98%	177.35%
Free Cash Flow Firm Q/Q Growth	-166.57%	-303.83%	124.62%	73.50%	-845.62%	-78.81%	147.05%	-5.94%	-44.29%	200.10%
Invested Capital Q/Q Growth	11.32%	-6.27%	-7.43%	9.74%	52.23%	-29.19%	33.38%	40.65%	-6.16%	-60.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.51%	33.87%	36.76%	28.23%	32.05%	32.85%	40.88%	31.62%	42.65%	53.08%
EBITDA Margin	-19.76%	10.69%	13.25%	8.48%	-32.89%	14.38%	16.06%	13.90%	19.31%	29.34%
Operating Margin	-20.21%	10.43%	11.65%	8.23%	-32.58%	14.30%	16.09%	10.71%	19.02%	28.96%
EBIT Margin	-20.00%	10.48%	13.04%	8.30%	-33.05%	14.30%	15.98%	13.79%	19.19%	29.22%
Profit (Net Income) Margin	-15.02%	9.14%	10.32%	6.83%	-22.54%	11.35%	16.41%	13.67%	20.71%	19.65%
Tax Burden Percent	82.98%	72.15%	72.16%	71.95%	72.00%	72.74%	95.68%	93.42%	101.63%	66.79%
Interest Burden Percent	90.54%	120.85%	109.65%	114.35%	94.71%	109.16%	107.37%	106.09%	106.17%	100.68%
Effective Tax Rate	0.00%	27.68%	26.72%	25.72%	0.00%	25.71%	24.11%	26.41%	25.62%	27.11%
Return on Invested Capital (ROIC)	-114.59%	78.60%	75.87%	59.28%	-256.73%	142.70%	76.99%	70.07%	170.30%	198.30%
ROIC Less NNEP Spread (ROIC-NNEP)	-113.89%	77.51%	74.74%	58.65%	-256.93%	142.11%	73.64%	64.92%	165.70%	199.59%
Return on Net Nonoperating Assets (RNNOA)	81.05%	-61.91%	-55.53%	-43.97%	202.28%	-118.90%	-49.47%	-49.24%	-135.16%	-149.93%
Return on Equity (ROE)	-33.54%	16.69%	20.33%	15.31%	-54.45%	23.80%	27.52%	20.83%	35.15%	48.37%
Cash Return on Invested Capital (CROIC)	10.63%	-40.38%	-2.81%	-30.18%	-47.52%	125.47%	119.40%	132.39%	223.82%	189.44%
Operating Return on Assets (OROA)	-24.23%	13.63%	18.86%	11.83%	-46.60%	20.13%	21.99%	18.00%	23.88%	36.84%
Return on Assets (ROA)	-18.20%	11.88%	14.92%	9.74%	-31.78%	15.99%	22.59%	17.84%	25.77%	24.77%
Return on Common Equity (ROCE)	-35.73%	17.69%	21.70%	16.13%	-57.16%	24.46%	28.00%	20.84%	34.88%	46.10%
Return on Equity Simple (ROE_SIMPLE)	0.00%	1.94%	3.99%	7.29%	0.00%	27.51%	29.89%	42.48%	0.00%	55.66%
Net Operating Profit after Tax (NOPAT)	-15	8.44	7.74	7.32	-24	13	11	8.30	12	17
NOPAT Margin	-14.15%	7.55%	8.53%	6.11%	-22.81%	10.63%	12.21%	7.88%	14.15%	21.11%
Net Nonoperating Expense Percent (NNEP)	-0.70%	1.10%	1.13%	0.62%	0.20%	0.59%	3.35%	5.15%	4.60%	-1.29%
Return On Investment Capital (ROIC_SIMPLE)	-7.73%	4.18%	4.08%	4.08%	-12.97%	6.41%	5.82%	4.47%	6.63%	10.59%
Cost of Revenue to Revenue	67.49%	66.13%	63.24%	71.77%	67.95%	67.15%	59.12%	68.38%	57.35%	46.92%
SG&A Expenses to Revenue	22.66%	22.48%	24.27%	19.13%	21.66%	18.55%	24.79%	20.91%	21.09%	24.12%
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	52.72%	23.44%	25.11%	20.00%	64.64%	18.55%	24.79%	20.91%	23.63%	24.12%
Earnings before Interest and Taxes (EBIT)	-21	12	12	9.93	-35	18	15	15	16	24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-20	12	12	10	-35	18	15	15	16	24
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.21	2.05	1.93	2.10	3.82	1.78	1.70	1.81	1.44	1.44
Price to Tangible Book Value (P/TBV)	2.41	2.21	2.09	2.25	4.08	1.89	1.81	1.94	1.55	1.57
Price to Revenue (P/Rev)	0.99	1.01	0.89	0.91	1.76	0.97	0.99	1.04	0.81	0.80
Price to Earnings (P/E)	33.51	126.31	50.86	31.00	39.23	6.58	5.59	4.20	2.99	2.35
Dividend Yield	1.93%	1.86%	2.08%	2.03%	1.09%	2.61%	2.74%	2.81%	3.78%	2.55%
Earnings Yield	2.98%	0.79%	1.97%	3.23%	2.55%	15.21%	17.89%	23.84%	33.47%	42.59%
Enterprise Value to Invested Capital (EV/IC)	5.33	5.75	4.76	4.90	12.21	7.06	4.82	6.40	5.81	5.36
Enterprise Value to Revenue (EV/Rev)	0.68	0.65	0.56	0.62	1.45	0.58	0.63	0.68	0.46	0.50
Enterprise Value to EBITDA (EV/EBITDA)	20.89	0.00	43.69	31.80	47.44	3.73	3.29	3.45	1.89	2.06
Enterprise Value to EBIT (EV/EBIT)	22.32	0.00	49.75	34.03	49.17	3.76	3.31	3.47	1.90	2.07
Enterprise Value to NOPAT (EV/NOPAT)	33.35	0.00	79.40	40.97	81.17	5.32	4.71	4.99	2.58	2.85
Enterprise Value to Operating Cash Flow (EV/OCF)	4.07	4.10	3.26	4.28	9.96	2.97	3.11	3.08	1.81	1.19
Enterprise Value to Free Cash Flow (EV/FCFF)	51.63	0.00	0.00	0.00	0.00	6.25	3.33	4.55	2.49	2.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.05	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.71	-0.80	-0.74	-0.75	-0.79	-0.84	-0.67	-0.76	-0.82	-0.75
Leverage Ratio	1.93	1.61	1.58	1.70	1.70	1.56	1.50	1.65	1.78	1.85
Compound Leverage Factor	1.75	1.95	1.73	1.95	1.61	1.70	1.61	1.75	1.89	1.87
Debt to Total Capital	4.61%	0.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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	4.61%	0.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.96%	4.81%	10.33%
Noncontrolling Interests to Total Capital	-5.82%	-5.35%	-6.61%	-7.49%	-6.90%	-6.55%	-6.80%	-7.28%	-7.76%	-8.25%
Common Equity to Total Capital	101.22%	104.47%	106.61%	107.49%	106.90%	106.55%	106.80%	103.31%	102.95%	97.92%
Debt to EBITDA	0.63	-4.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-8.90	383.40	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.63	-4.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	1.00	-1.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-14.21	94.72	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	1.00	-1.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.91	4.02	4.06	3.83	4.78	4.66	4.83	4.12	3.61	3.58
Noncontrolling Interest Sharing Ratio	-6.51%	-5.99%	-6.70%	-5.37%	-4.98%	-2.76%	-1.76%	-0.03%	0.75%	4.69%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.07	2.56	2.59	2.27	2.34	2.55	2.79	2.36	2.29	2.49
Quick Ratio	1.52	2.11	2.12	1.66	1.73	1.90	1.94	1.67	1.55	1.46
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-18	-6.61	3.24	-13	-50	6.67	31	13	14	24
Operating Cash Flow to CapEx	486.63%	991.03%	5,732.87%	1,071.81%	2,155.88%	10,025.87%	1,945.14%	14,220.25%	0.00%	2,559.82%
Free Cash Flow to Firm to Interest Expense	-222.99	-300.39	9.80	-411.53	-2,160.69	246.85	1,048.60	670.19	0.00	736.41
Operating Cash Flow to Interest Expense	164.53	1,109.50	61.66	403.94	454.61	1,177.11	300.20	591.26	0.00	774.15
Operating Cash Flow Less CapEx to Interest Expense	130.72	997.55	60.58	366.25	433.52	1,165.37	284.77	587.11	0.00	743.91
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.21	1.30	1.45	1.43	1.41	1.41	1.38	1.31	1.24	1.26
Accounts Receivable Turnover	6.87	7.70	7.83	7.07	7.33	7.78	7.08	5.88	6.54	5.60
Inventory Turnover	21.41	24.23	25.06	15.68	18.64	15.25	12.39	10.15	9.62	6.77
Fixed Asset Turnover	21.03	29.97	40.67	51.82	53.31	0.00	408.61	509.72	531.21	0.00
Accounts Payable Turnover	9.70	11.89	11.81	13.98	10.62	11.78	8.43	9.33	7.96	4.85
Days Sales Outstanding (DSO)	53.12	47.42	46.61	51.60	49.82	46.94	51.56	62.12	55.78	65.19
Days Inventory Outstanding (DIO)	17.05	15.06	14.56	23.28	19.58	23.94	29.46	35.96	37.96	53.94
Days Payable Outstanding (DPO)	37.63	30.70	30.90	26.10	34.36	30.98	43.28	39.14	45.85	75.21
Cash Conversion Cycle (CCC)	32.54	31.79	30.27	48.77	35.04	39.89	37.74	58.94	47.89	43.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	54	49	52	56	51	33	47	35	25	27
Invested Capital Turnover	8.10	10.42	8.89	9.70	11.26	13.43	6.31	8.89	12.04	9.39
Increase / (Decrease) in Invested Capital	3.06	15	4.50	20	26	6.62	-20	-4.44	-2.02	-7.14
Enterprise Value (EV)	288	279	247	274	622	236	228	227	146	144
Market Capitalization	422	433	391	405	753	394	356	347	257	228
Book Value per Share	$7.00	$7.85	$7.45	$7.05	$7.19	$8.05	$8.05	$7.37	$6.91	$6.13
Tangible Book Value per Share	$6.45	$7.29	$6.89	$6.59	$6.73	$7.58	$7.55	$6.87	$6.40	$5.62
Total Capital	188	202	190	179	185	207	196	186	174	162
Total Debt	8.67	1.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	8.67	1.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-123	-143	-132	-117	-118	-144	-115	-114	-105	-88
Capital Expenditures (CapEx)	2.67	2.46	0.36	1.21	0.49	0.32	0.46	0.08	-0.04	1.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-14	-5.56	0.88	10	13	21	41	29	23	41
Debt-free Net Working Capital (DFNWC)	118	139	133	127	132	164	156	142	128	128
Net Working Capital (NWC)	118	139	133	127	132	164	156	142	128	128
Net Nonoperating Expense (NNE)	0.90	-1.78	-1.62	-0.85	-0.28	-0.91	-3.93	-6.09	-5.34	1.19
Net Nonoperating Obligations (NNO)	-126	-152	-138	-123	-134	-174	-149	-150	-148	-135
Total Depreciation and Amortization (D&A)	0.24	0.23	0.20	0.22	0.18	0.10	0.08	0.12	0.10	0.10
Debt-free, Cash-free Net Working Capital to Revenue	-3.24%	-1.30%	0.20%	2.34%	3.06%	5.09%	11.33%	8.58%	7.41%	14.25%
Debt-free Net Working Capital to Revenue	27.67%	32.50%	30.15%	28.71%	30.69%	40.59%	43.18%	42.52%	40.70%	44.94%
Net Working Capital to Revenue	27.67%	32.50%	30.15%	28.71%	30.69%	40.59%	43.18%	42.52%	40.70%	44.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.57)	$0.38	$0.36	$0.30	($0.93)	$0.54	$0.58	$0.56	$0.61	$0.73
Adjusted Weighted Average Basic Shares Outstanding	26.76M	26.53M	26.57M	26.79M	25.55M	26.62M	25.71M	25.33M	25.63M	25.23M
Adjusted Diluted Earnings per Share	($0.58)	$0.38	$0.36	$0.30	($0.90)	$0.53	$0.57	$0.54	$0.59	$0.70
Adjusted Weighted Average Diluted Shares Outstanding	27.16M	26.87M	27.03M	27.30M	26.06M	27.36M	26.32M	26.62M	26.37M	26.21M
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	27.01M	27.20M	26.89M	27.13M	27.36M	27.42M	27.46M	26.01M	26.01M	25.89M
Normalized Net Operating Profit after Tax (NOPAT)	-15	8.50	7.83	7.32	-24	13	11	8.30	12	17
Normalized NOPAT Margin	-14.15%	7.60%	8.63%	6.11%	-22.81%	10.63%	12.21%	7.88%	14.15%	21.11%
Pre Tax Income Margin	-18.10%	12.67%	14.30%	9.49%	-31.31%	15.61%	17.15%	14.63%	20.37%	29.42%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-260.46	533.27	35.73	310.28	-1,507.87	662.30	497.70	764.26	0.00	719.73
NOPAT to Interest Expense	-184.29	383.84	23.38	228.63	-1,040.47	492.15	380.34	436.72	0.00	519.92
EBIT Less CapEx to Interest Expense	-294.27	421.32	34.65	272.59	-1,528.96	650.56	482.27	760.11	0.00	689.48
NOPAT Less CapEx to Interest Expense	-218.10	271.89	22.31	190.94	-1,061.56	480.41	364.90	432.56	0.00	489.68
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	66.78%	200.49%	102.35%	63.22%	43.76%	14.94%	14.79%	10.59%	10.53%	7.44%
Augmented Payout Ratio	187.35%	514.33%	221.57%	122.77%	58.18%	19.05%	17.94%	16.59%	16.26%	12.49%

Frequently Asked Questions About Genie Energy's Financials

When does Genie Energy's financial year end?

According to the most recent income statement we have on file, Genie Energy's fiscal year ends in December. Their fiscal 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 5/21/2025 by MarketBeat.com Staff

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Genie Energy (GNE) Financials

Frequently Asked Questions About Genie Energy's Financials

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