Genie Energy (GNE) Tax Rate (2010 - 2026)
Genie Energy (GNE) posted quarterly Tax Rate of 38.57% for Q1 2026, up 480.0% year-over-year from 6.65% in Q1 2025, and up 177.23% quarter-over-quarter from 49.95% in Q4 2025.
Genie Energy (GNE) Tax Rate (2010 - 2026) Analysis & Trends
Genie Energy's Tax Rate history runs 17 years deep, the most recent figure standing at 38.57% for Q1 2026.
- In Q1 2026, Tax Rate rose 480.0% year-over-year to 38.57%; the TTM figure through Mar 2026 stood at 58.19% (down 8747.0% YoY), while the FY2025 annual figure was 385.36%, down 41632.0% from the prior year.
- Tax Rate for Q1 2026 stood at 38.57%, up from 49.95% in the prior quarter.
- The five-year high for Tax Rate was 52.88% in Q4 2024, with the low at 541.41% in Q2 2024.
- The 5-year median for Tax Rate is 25.61% (2022), against an average of 68.87%.
- The sharpest annual moves came in 2022 and 2025: Tax Rate slumped 66897 bps in 2022, then soared 31563 bps in 2025.
- Genie Energy's Tax Rate stood at 25.61% in 2022, then plunged by 90 bps to 2.62% in 2023, then soared by 1919 bps to 52.88% in 2024, then sank by 194 bps to 49.95% in 2025, then jumped by 177 bps to 38.57% in 2026.
- Business Quant data shows GNE's Tax Rate at 38.57% in Q1 2026, 49.95% in Q4 2025, and 172.9% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 14.13% |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 14.18% |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 16.89% |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 20.72% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 15.58% |
| 10 | Genie Energy | 391.43 Mn | 196.44 Mn | 33.67 Mn | 2.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.05% |
| Jun 30, 2026 | 2.05% |
| Jun 30, 2026 | 2.05% |
| Mar 31, 2026 | 38.57% |
| Mar 31, 2026 | 38.57% |
| Mar 31, 2026 | 38.57% |
| Dec 31, 2025 | -49.95% |
| Dec 31, 2025 | -49.95% |
| Dec 31, 2025 | -49.95% |
| Sep 30, 2025 | -172.90% |
| Sep 30, 2025 | -172.90% |
| Sep 30, 2025 | -172.90% |
| Jun 30, 2025 | -407.17% |
| Jun 30, 2025 | -407.17% |
| Jun 30, 2025 | -407.17% |
| Mar 31, 2025 | 33.78% |
| Mar 31, 2025 | 33.78% |
| Mar 31, 2025 | 33.78% |
| Dec 31, 2024 | 52.88% |
| Dec 31, 2024 | 52.88% |