Genie Energy Past Earnings Performance
Past criteria checks 1/6
Genie Energy has been growing earnings at an average annual rate of 19.3%, while the Electric Utilities industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 5.8% per year. Genie Energy's return on equity is 2%, and it has net margins of 0.8%.
Key information
19.3%
Earnings growth rate
19.7%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 5.8% |
| Return on equity | 2.0% |
| Net Margin | 0.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 427 | 3 | 93 | 0 |
| 30 Jun 24 | 440 | 8 | 91 | 0 |
| 31 Mar 24 | 443 | 10 | 92 | 0 |
| 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 |
Quality Earnings: 6GE has a large one-off loss of $2.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 6GE's current net profit margins (0.8%) are lower than last year (12.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6GE's earnings have grown by 19.3% 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 (-93.2%) over the past year, making it difficult to compare to the Electric Utilities industry average (-10.9%).
Return on Equity
High ROE: 6GE's Return on Equity (2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 06:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Genie Energy Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kim Fustier | Edison Investment Research |
| Michael Heim | NOBLE Capital Markets, Inc. |
| Marco Rodriguez | Stonegate Capital Markets, Inc. |