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Genie Energy (LTS:0IUS) Pre-Tax Income : $14.1 Mil (TTM As of Mar. 2024)


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What is Genie Energy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Genie Energy's pretax income for the three months ended in Mar. 2024 was $11.4 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $14.1 Mil. Genie Energy's pretax margin was 9.49%.

During the past 13 years, Genie Energy's highest Pretax Margin was 24.57%. The lowest was -14.13%. And the median was 2.56%.


Genie Energy Pre-Tax Income Historical Data

The historical data trend for Genie Energy's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Genie Energy Pre-Tax Income Chart

Genie Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 22.43 23.66 77.52 18.11

Genie Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.41 16.03 19.52 -32.85 11.35

Competitive Comparison of Genie Energy's Pre-Tax Income

For the Utilities - Regulated Electric subindustry, Genie Energy's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genie Energy's Pre-Tax Income Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Genie Energy's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Genie Energy's Pre-Tax Income falls into.



Genie Energy Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Genie Energy's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=10.009+3.122+-0.099+5.076+0
=18.1

Genie Energy's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=9.849+0.197+-0.032+1.34+0
=11.4

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genie Energy  (LTS:0IUS) Pre-Tax Income Explanation

Genie Energy's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=11.354/119.688
=9.49%

During the past 13 years, Genie Energy's highest Pretax Margin was 24.57%. The lowest was -14.13%. And the median was 2.56%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genie Energy Pre-Tax Income Related Terms

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Genie Energy (LTS:0IUS) Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.

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