Genie Energy (GNE) Tax Rate (2010 - 2026)
Genie Energy (GNE) recorded quarterly Tax Rate of 38.57% in Q1 2026, down 79.38% quarter-over-quarter from 187.1% in Q4 2025, and up 480.0% on a YoY basis from 6.65% in Q1 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 60.11% (up 2179.0% YoY), while the FY2025 annual figure was 13.69%, up 339349.0% from the prior year.
- Tax Rate was 38.57% for Q1 2026 at Genie Energy, down from 187.1% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 187.1% in Q4 2025 to a low of 585.52% in Q4 2024.
- Historically, Tax Rate has averaged 35.89% across 5 years, with a median of 26.41% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 61557 bps in 2024, then soared 77262 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 29.21% in 2022, then climbed by 3 bps to 30.04% in 2023, then slumped by 2049 bps to 585.52% in 2024, then soared by 132 bps to 187.1% in 2025, then slumped by 79 bps to 38.57% in 2026.
- The last three Tax Rate figures came in at 38.57% (Q1 2026), 187.1% (Q4 2025), and 8.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 16.62 |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 5.15 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | -9.23 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 6.18 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 14.35 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | - |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 26.18 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 22.85 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 23.48 |
| 10 | Genie Energy | 361.57 Mn | 163.76 Mn | 29.82 Mn | 38.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.57% |
| Mar 31, 2026 | 38.57% |
| Dec 31, 2025 | 187.10% |
| Dec 31, 2025 | 187.10% |
| Sep 30, 2025 | -8.32% |
| Sep 30, 2025 | -8.32% |
| Jun 30, 2025 | -407.17% |
| Jun 30, 2025 | -407.17% |
| Mar 31, 2025 | 33.78% |
| Mar 31, 2025 | 33.78% |
| Dec 31, 2024 | -585.52% |
| Dec 31, 2024 | -585.52% |
| Sep 30, 2024 | -25.87% |
| Sep 30, 2024 | -25.87% |
| Jun 30, 2024 | -29.71% |
| Jun 30, 2024 | -29.71% |
| Mar 31, 2024 | -31.65% |
| Mar 31, 2024 | -31.65% |
| Dec 31, 2023 | 30.04% |
| Dec 31, 2023 | 30.04% |