|GNE Overview
GNE

Genie Energy Ltd.

Utilities • CIK: 0001528356

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Market Cap
$393.94M
P/E (TTM)
74.7x
Rev Growth (TTM)
+13.1%
Net Margin (TTM)
0.9%
FCF Yield (TTM)
11.0%
FCF Margin (TTM)
9.0%

LATEST EARNINGS

Q3 2025
4 months ago
View source
Revenue
$138.30M
+23.6%
Net Income
$6.74M
-33.9%
EPS
$0.26
-31.6%
Gross
21.7% -12.2%
Operating
5.0% -5.4%
Net
4.9% -4.2%
  • Total revenue increased 23.6% to $138.3 million, driven by Genie Retail Energy's 25.1% revenue growth.
  • Electricity revenue grew 25.7% to $126.6 million.
  • Genie Renewables' Diversegy business increased revenue by 35% year-over-year.
  • Total RCEs increased 4.2% to 396,000, with electricity RCEs up 5.4% to 318,000.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$43M
Q '25
$14M+1148%
Q '25
$1M-92%
FCF Margin
TTM9.0%
Q '2510.1%+850%
Sector: 0.0%Above Avg
OCF Margin9.0%
OCF/NI9.78x
CapEx Coverage
FCF Yield11.0%
FCF Growth (2Y)-29%
Cash Conversion Cycle
28 days
DSO: 46+DIO: 15DPO: 33

Capital Allocation & Returns

Balanced
Total Shareholder YieldFY
FY2.0%
Div Yield2.0%
+
Buyback (FY)2.7%

Balancing returns with reinvestment

Dividend & Payout Metrics
Dividend Yield (TTM)2.0%
FCF Payout Ratio18.2%
Free Cash Flow (TTM)$43.4M
Stock Repurchases (FY)$10.4M
Capital Return / FCF14.0%
Est. Dividends Paid (TTM)$7.9M
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
-16.6%
Volatile
+70.6%
P25MedianP75
25th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
0.2%
8Q: 4.9%
Asset Turnover
1.28x
8Q: 1.32x
Leverage (1+D/E)
1.04x
D/E: 0.04x
DuPont: 0.2%-16.6% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
18.03x
8Q:20.47x
-2069.8%
Invested Cap Turn
-109.43x
8Q:11.82x
+19345.8%
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ 2025Q 2025Q 2025Q4 2024Q3 2024Q2 2024Q 2024Q4 2023
Revenue
$483.3M
$138.3M31.4%
$105.3M23.1%
$136.8M32.9%
$102.9M8.1%
$111.9M23.4%
$90.7M24.2%
$119.7M14.1%
$104.9M
Operating Income
$971.0K
$6.9M246.2%
$2.0M84.4%
$12.8M161.7%
$-20.8M278.1%
$11.7M10.5%
$10.6M7.2%
$9.8M128.8%
$-34.2M
Net Income
$4.8M
$6.7M138.9%
$2.8M73.5%
$10.6M169.3%
$-15.3M250.5%
$10.2M6.1%
$9.6M18.3%
$8.1M133.1%
$-24.5M
Operating Cash Flow
$43.4M
$13.9M1148.4%
$1.1M92.7%
$15.3M18.1%
$13.0M46.7%
$24.4M19.6%
$20.4M57.9%
$12.9M23.6%
$10.5M
Free Cash Flow
$43.4M
$13.9M1148.4%
$1.1M91.8%
$13.6M4.4%
$13.0M40.8%
$21.9M9.4%
$20.1M71.1%
$11.7M12.1%
$10.5M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
74.7x
Valuation Lenses
Earnings
74.7x
vs sector
Cash Flow
-4.6x
EV/FCF vs
Growth-Adj
2.1xPEG
Expensive for growth
Quality-Adj
P/E per %ROIC
ROIC: -16.6%
Shareholder Returns
Dividend
2.0%
Buyback
Total Yield
2.0%
Market Cap$393.94M
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
16/100
Below Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Bottom 25%
2.2%
8Q:
Return on Invested Capital (ROIC)Below Avg
-16.6%
8Q:
+70.6%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 0.2%
Asset Turnover: 1.28x

Earnings Quality

Cash Conversion

9.78x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin25.7%

Capital Efficiency

Invested Capital Turnover-109.43x

Working Capital

Cash Conversion Cycle28 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
53/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
13.1%
OpInc Growth YoY
-40.6%
EPS Growth YoY
35.7%
FCF 3Y CAGR
-28.8%

Growth Quality Analysis

Working Capital Drag: FCF growth lagging revenue by 41.9%

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
25.7%
Operating
0.2%
Below Avg in sector
Net
0.9%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+8.1 pts
FCF: 9.0% | Net: 0.9%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $197.78M
Interest Coverage
+Net cash position: $197.78M
Leverage Metrics
Debt-to-Equity
0.04x
Balance sheet risk & solvency analysis