Genie Energy (GNE) Tax Rate (2010 - 2026)
Genie Energy's Tax Rate was 2.05% in Q2 2026, down 41.71 percentage points from 43.76% a year earlier and down 36.53 percentage points from the prior quarter.
Genie Energy (GNE) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Genie Energy's Tax Rate was 13.92% through Jun 30, 2026, down 18.91 percentage points year-over-year; for FY2025, it was 22.86%, down 5.86 percentage points from FY2024.
- Tax Rate shows a five-year change of -11.16 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 28.72% in FY2024 (+2.41 pp), 26.30% in FY2023 (-0.83 pp), 27.14% in FY2022 (-4.66 pp) and 31.79% in FY2021 (-2.22 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q4 2021.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -4.58 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2022 (a gain of 78.59 percentage points); the worst was Q4 2021 (a drop of 110.67 percentage points).
- Per Business Quant data, GNE's Tax Rate in the three quarters before Q2 2026 was 38.57% (Q1 2026), 4.05% (Q4 2025) and 26.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.12 Bn | 120.88 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 127.55 Bn | 104.49 Bn | 5.47 Bn | 21.17% |
| 3 | HF Sinclair | 22.37 Bn | 16.53 Bn | 1.57 Bn | 23.81% |
| 4 | Sunoco | 9.93 Bn | 4.31 Bn | 1.46 Bn | 21.82% |
| 5 | PBF Energy | 9.60 Bn | 7.15 Bn | 1.15 Bn | 25.56% |
| 6 | Ultrapar Holdings | 8.33 Bn | 1.09 Bn | 912.61 Mn | 51.44% |
| 7 | Cvr Energy | 6.02 Bn | 3.59 Bn | 117.00 Mn | 17.86% |
| 8 | Delek US Holdings | 4.61 Bn | 2.10 Bn | 365.10 Mn | 18.84% |
| 9 | Icahn Enterprises | 4.34 Bn | -1.42 Bn | - | - |
| 10 | Genie Energy | 433.79 Mn | -363.00 Mn | 33.67 Mn | 2.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.05% |
| Mar 31, 2026 | 38.57% |
| Dec 31, 2025 | 4.05% |
| Sep 30, 2025 | 26.83% |
| Jun 30, 2025 | 43.76% |
| Mar 31, 2025 | 33.78% |
| Dec 31, 2024 | 33.70% |
| Sep 30, 2024 | 27.68% |
| Jun 30, 2024 | 26.72% |
| Mar 31, 2024 | 25.72% |
| Dec 31, 2023 | 29.99% |
| Sep 30, 2023 | 25.71% |
| Jun 30, 2023 | 24.11% |
| Mar 31, 2023 | 26.41% |
| Dec 31, 2022 | 25.61% |
| Sep 30, 2022 | 27.11% |
| Jun 30, 2022 | 28.40% |
| Mar 31, 2022 | 27.59% |
| Sep 30, 2021 | 28.92% |
| Jun 30, 2021 | 27.04% |
Genie Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GNE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GNE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GNE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();