Growth Metrics

Genie Energy (GNE) Tax Rate (2016 - 2025)

Genie Energy (GNE) has 15 years of Tax Rate data on record, last reported at 30.29% in Q4 2024.

  • For Q4 2024, Tax Rate rose 559.0% year-over-year to 30.29%; the TTM value through Dec 2024 reached 23.49%, down 323.0%, while the annual FY2024 figure was 23.49%, 323.0% down from the prior year.
  • Tax Rate reached 30.29% in Q4 2024 per GNE's latest filing, up from 27.68% in the prior quarter.
  • Across five years, Tax Rate topped out at 78.84% in Q4 2021 and bottomed at 132.17% in Q4 2020.
  • Average Tax Rate over 5 years is 18.23%, with a median of 26.92% recorded in 2024.
  • Peak YoY movement for Tax Rate: soared 77634bps in 2020, then plummeted -7958bps in 2021.
  • A 5-year view of Tax Rate shows it stood at 132.17% in 2020, then surged by 160bps to 78.84% in 2021, then tumbled by -68bps to 25.61% in 2022, then fell by -4bps to 24.7% in 2023, then rose by 23bps to 30.29% in 2024.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 30.29% in Q4 2024, 27.68% in Q3 2024, and 26.72% in Q2 2024.