Genie Net Income from 2010 to 2024

GNE Stock  USD 15.52  0.07  0.45%   
Genie Energy's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 20.5 M this year. During the period from 2010 to 2024 Genie Energy Net Income annual values regression line had geometric mean of  11,346,468 and mean square error of 372.3 T. View All Fundamentals
 
Net Income  
First Reported
2010-06-30
Previous Quarter
-24.5 M
Current Value
8.1 M
Quarterly Volatility
10.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
This module can also supplement Genie Energy's financial leverage analysis and stock options assessment as well as various Genie Energy Technical models . Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Net Income Growth Pattern

Below is the plot of the Net Income of Genie Energy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Genie Energy financial statement analysis. It represents the amount of money remaining after all of Genie Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Genie Energy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genie Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 13.13 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Genie Net Income Regression Statistics

Arithmetic Mean7,520,260
Geometric Mean11,346,468
Coefficient Of Variation290.15
Mean Deviation17,573,211
Median1,630,000
Standard Deviation21,820,310
Sample Variance476.1T
Range83M
R-Value0.52
Mean Square Error372.3T
R-Squared0.27
Significance0.05
Slope2,553,658
Total Sum of Squares6665.8T

Genie Net Income History

202420.5 M
202319.5 M
202256.5 M
202129.2 M
202013.2 M
20191.4 M
201822.8 M

Other Fundumenentals of Genie Energy

Genie Energy Net Income component correlations

About Genie Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genie Energy income statement, its balance sheet, and the statement of cash flows. Genie Energy investors use historical funamental indicators, such as Genie Energy's Net Income, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may use each financial statement separately, they are all related. The changes in Genie Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genie Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genie Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income13.1 M13.8 M
Net Income Applicable To Common Shares98.7 M103.7 M
Net Income From Continuing Ops13.9 M14.6 M
Net Income Per Share 0.75  0.79 
Net Income Per E B T 1.06  1.11 

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When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Genie Energy's price analysis, check to measure Genie Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genie Energy is operating at the current time. Most of Genie Energy's value examination focuses on studying past and present price action to predict the probability of Genie Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genie Energy's price. Additionally, you may evaluate how the addition of Genie Energy to your portfolios can decrease your overall portfolio volatility.
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Is Genie Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genie Energy. If investors know Genie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genie Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Dividend Share
0.3
Earnings Share
0.38
Revenue Per Share
17.096
Quarterly Revenue Growth
0.137
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.