Genie Energy (GNE) Tax Rate (2010 - 2026)
Genie Energy's (GNE) quarterly Tax Rate came in at 38.57% in Q1 2026, up 480.0% year-on-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.
- On a quarterly basis, Tax Rate rose 480.0% year-over-year to 38.57% in Q1 2026; TTM through Mar 2026 was 58.19%, a 8747.0% decrease from a year earlier, with the FY2025 full-year figure at 385.36%, down 41632.0% from the prior year.
- Tax Rate improved to 38.57% in Q1 2026 per GNE's latest filing, from 49.95% in the prior quarter.
- Across five years, Tax Rate topped out at 52.88% in Q4 2024 and bottomed at 541.41% in Q2 2024.
- The 5-year median for Tax Rate is 25.61% (2022), against an average of 68.87%.
- Across the five-year window, Tax Rate tumbled 66897 bps in 2022 and soared 31563 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 25.61% in 2022, then tumbled by 90 bps to 2.62% in 2023, then jumped by 1919 bps to 52.88% in 2024, then plunged by 194 bps to 49.95% in 2025, then surged by 177 bps to 38.57% in 2026.
- Per Business Quant, the three latest GNE Tax Rate figures stand at 38.57% (Q1 2026), 49.95% (Q4 2025), and 172.9% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 16.62% |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 18.78% |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -9.23% |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 6.18% |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 14.35% |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 26.18% |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 22.85% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 9.43% |
| 10 | Genie Energy | 379.29 Mn | 181.47 Mn | 29.82 Mn | 38.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 52.88% |
| Sep 30, 2024 | -30.31% |
| Sep 30, 2024 | -30.31% |