Genie Energy (GNE) Deferred Taxes (2010 - 2022)
Genie Energy (GNE) posted quarterly Deferred Taxes of $7.1 million for Q2 2022, up 158.97% year-over-year from $2.7 million in Q2 2021, and up 8267.82% quarter-over-quarter from -$87000.0 in Q1 2022.
Genie Energy (GNE) Deferred Taxes (2010 - 2022) Analysis & Trends
Genie Energy's Deferred Taxes history runs 11 years deep, the most recent figure standing at $7.1 million for Q2 2022.
- In Q2 2022, Deferred Taxes rose 158.97% year-over-year to $7.1 million; the TTM figure through Jun 2022 stood at $3.9 million (down 47.36% YoY), while the FY2025 annual figure was $3.3 million, up 375.48% from the prior year.
- Deferred Taxes for Q2 2022 stood at $7.1 million, up from -$87000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $7.1 million in Q2 2022, with the low at -$13.6 million in Q4 2018.
- The 5-year median for Deferred Taxes is $521000.0 (2019), against an average of $247375.0.
- The sharpest annual moves came in 2018 and 2019: Deferred Taxes sank 7529.51% in 2018, then jumped 2061.06% in 2019.
- Genie Energy's Deferred Taxes stood at -$13.6 million in 2018, then jumped by 113.83% to $1.9 million in 2019, then rose by 17.93% to $2.2 million in 2020, then slumped by 234.6% to -$3.0 million in 2021, then soared by 338.14% to $7.1 million in 2022.
- Business Quant data shows GNE's Deferred Taxes at $7.1 million in Q2 2022, -$87000.0 in Q1 2022, and -$3.0 million in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 32.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -23.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 162.10 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 71.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 24.58 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | - |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 79.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 30.36 Mn |
| 10 | Genie Energy | 391.43 Mn | 196.44 Mn | 33.67 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 7.11 Mn |
| Mar 31, 2022 | -87,000.00 |
| Dec 31, 2021 | -2.98 Mn |
| Sep 30, 2021 | -92,000.00 |
| Jun 30, 2021 | 2.74 Mn |
| Mar 31, 2021 | 228,000.00 |
| Dec 31, 2020 | 2.22 Mn |
| Sep 30, 2020 | 2.30 Mn |
| Jun 30, 2020 | 184,000.00 |
| Mar 31, 2020 | 2.35 Mn |
| Dec 31, 2019 | 1.88 Mn |
| Sep 30, 2019 | 814,000.00 |
| Jun 30, 2019 | -1.67 Mn |
| Mar 31, 2019 | 2.44 Mn |
| Dec 31, 2018 | -13.60 Mn |
| Mar 31, 2018 | 113,000.00 |
| Dec 31, 2017 | 183,000.00 |
| Dec 31, 2015 | -95,000.00 |
| Sep 30, 2015 | 102,000.00 |
| Dec 31, 2014 | -542,000.00 |