Genie Energy Past Earnings Performance
Past criteria checks 2/6
Genie Energy has been growing earnings at an average annual rate of 30.8%, while the Electric Utilities industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 4.7% per year. Genie Energy's return on equity is 7.5%, and it has net margins of 3%.
Key information
30.8%
Earnings growth rate
31.1%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 4.7% |
| Return on equity | 7.5% |
| Net Margin | 3.0% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Genie Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 429 | 13 | 91 | 0 |
| 30 Sep 23 | 405 | 49 | 86 | 0 |
| 30 Jun 23 | 361 | 54 | 82 | 0 |
| 31 Mar 23 | 335 | 47 | 77 | 0 |
| 31 Dec 22 | 316 | 55 | 75 | 0 |
| 30 Sep 22 | 303 | 43 | 76 | 0 |
| 30 Jun 22 | 310 | 31 | 73 | 0 |
| 31 Mar 22 | 302 | 37 | 70 | 0 |
| 31 Dec 21 | 323 | 16 | 68 | 0 |
| 30 Sep 21 | 335 | 14 | 67 | 0 |
| 30 Jun 21 | 343 | 13 | 69 | 0 |
| 31 Mar 21 | 360 | 4 | 70 | 0 |
| 31 Dec 20 | 357 | 11 | 71 | 0 |
| 30 Sep 20 | 358 | 13 | 74 | 0 |
| 30 Jun 20 | 348 | 12 | 74 | 0 |
| 31 Mar 20 | 333 | 2 | 76 | 0 |
| 31 Dec 19 | 315 | 3 | 73 | 0 |
| 30 Sep 19 | 296 | 15 | 70 | 0 |
| 30 Jun 19 | 282 | 16 | 65 | 0 |
| 31 Mar 19 | 278 | 21 | 62 | 0 |
| 31 Dec 18 | 280 | 21 | 63 | 0 |
| 30 Sep 18 | 291 | 9 | 66 | 0 |
| 30 Jun 18 | 288 | 4 | 72 | 0 |
| 31 Mar 18 | 282 | -7 | 83 | 0 |
| 31 Dec 17 | 264 | -8 | 85 | 0 |
| 30 Sep 17 | 243 | -10 | 82 | 0 |
| 30 Jun 17 | 230 | -42 | 78 | 0 |
| 31 Mar 17 | 225 | -27 | 70 | 0 |
| 31 Dec 16 | 212 | -26 | 68 | 0 |
| 30 Sep 16 | 205 | -29 | 71 | 1 |
| 30 Jun 16 | 201 | 6 | 72 | 1 |
| 31 Mar 16 | 198 | -1 | 72 | 1 |
| 31 Dec 15 | 213 | -9 | 73 | 2 |
| 30 Sep 15 | 218 | -16 | 72 | 3 |
| 30 Jun 15 | 211 | -23 | 75 | 4 |
| 31 Mar 15 | 219 | -23 | 72 | 5 |
| 31 Dec 14 | 281 | -28 | 69 | 6 |
| 30 Sep 14 | 292 | -18 | 63 | 8 |
| 30 Jun 14 | 318 | -11 | 55 | 9 |
| 31 Mar 14 | 324 | -12 | 53 | 10 |
| 31 Dec 13 | 279 | -7 | 55 | 7 |
| 30 Sep 13 | 278 | -5 | 51 | 10 |
| 30 Jun 13 | 270 | -9 | 54 | 10 |
Quality Earnings: 6GE has high quality earnings.
Growing Profit Margin: 6GE's current net profit margins (3%) are lower than last year (17.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6GE's earnings have grown significantly by 30.8% per year over the past 5 years.
Accelerating Growth: 6GE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6GE had negative earnings growth (-76.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (5.2%).
Return on Equity
High ROE: 6GE's Return on Equity (7.5%) is considered low.