Latest Ratios: P/E Ratio 16.0x · EV/EBITDA 5.5x · ROE 11.3%. (2009–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $385M | $364M | $423M | $733M | $273M | $147M | $193M | $212M | $155M | $103M | $131M |
| Enterprise Value | $190M | $169M | $330M | $626M | $174M | $53M | $163M | $185M | $117M | $75M | $97M |
| P/E Ratio → | 16.03 | 15.14 | 33.89 | 38.01 | 3.17 | 5.02 | 16.39 | 77.30 | 6.78 | — | — |
| P/S Ratio | 0.77 | 0.72 | 1.00 | 1.71 | 0.86 | 0.45 | 0.54 | 0.67 | 0.55 | 0.39 | 0.62 |
| P/B Ratio | 1.58 | 1.49 | 2.36 | 3.97 | 1.57 | 1.32 | 2.25 | 2.62 | 1.67 | 1.53 | 1.64 |
| P/FCF | 12.43 | 11.73 | 7.74 | 9.63 | 8.69 | 2.06 | 9.62 | 21.27 | 9.44 | — | 63.04 |
| P/OCF | 8.31 | 7.85 | 5.99 | 11.73 | 3.38 | 2.14 | 8.36 | 13.48 | 8.01 | 11.05 | 8.43 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.34 | 0.78 | 1.46 | 0.55 | 0.16 | 0.46 | 0.59 | 0.42 | 0.28 | 0.46 |
| EV / EBITDA | 5.51 | 4.89 | 27.11 | 59.76 | 2.23 | 2.16 | 6.56 | 13.77 | 11.01 | — | — |
| EV / EBIT | 5.68 | 5.03 | 16.23 | 34.37 | 2.24 | 2.20 | 7.16 | 28.46 | 12.39 | — | — |
| EV / FCF | — | 5.45 | 6.03 | 8.22 | 5.56 | 0.75 | 8.11 | 18.57 | 7.11 | — | 46.46 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.5% | 25.5% | 32.6% | 34.1% | 49.1% | 28.3% | 26.6% | 26.3% | 27.3% | 32.4% | 36.3% |
| Operating Margin | 6.7% | 6.7% | 2.7% | 2.3% | 24.6% | 7.5% | 6.1% | 3.1% | 3.0% | -2.5% | -14.4% |
| Net Profit Margin | 4.8% | 4.8% | 3.0% | 4.6% | 27.8% | 9.0% | 3.7% | 1.3% | 8.1% | -2.6% | -11.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 11.3% | 6.9% | 10.9% | 61.7% | 29.7% | 15.8% | 4.8% | 28.5% | -9.5% | -25.2% |
| ROA | 6.3% | 6.3% | 3.6% | 6.4% | 34.6% | 14.0% | 7.7% | 2.8% | 16.7% | -5.6% | -17.7% |
| ROIC | 37.1% | 37.1% | 10.4% | 9.8% | 126.0% | 49.6% | 30.0% | 13.6% | 13.6% | -11.5% | -40.0% |
| ROCE | 13.0% | 13.0% | 4.6% | 4.9% | 53.3% | 23.7% | 25.1% | 10.9% | 10.2% | -8.6% | -30.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | 0.06 | 0.00 | 0.00 | — | 0.02 | 0.05 | 0.04 | 0.04 | 0.01 |
| Debt / EBITDA | 0.25 | 0.25 | 0.90 | 0.03 | 0.00 | — | 0.06 | 0.31 | 0.32 | — | — |
| Net Debt / Equity | — | -0.80 | -0.52 | -0.58 | -0.57 | -0.84 | -0.35 | -0.33 | -0.41 | -0.41 | -0.43 |
| Net Debt / EBITDA | -5.64 | -5.64 | -7.68 | -10.25 | -1.26 | -3.82 | -1.23 | -2.01 | -3.60 | — | — |
| Debt / FCF | — | -6.28 | -1.71 | -1.41 | -3.14 | -1.32 | -1.52 | -2.71 | -2.32 | — | -16.58 |
| Interest Coverage | 50.08 | 50.08 | 43.82 | 183.91 | 601.95 | 56.41 | 69.39 | 12.28 | 23.50 | -21.33 | -1576.58 |
Net cash position: cash ($204M) exceeds total debt ($9M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.38 | 2.38 | 2.07 | 2.34 | 2.29 | 1.72 | 1.37 | 1.57 | 1.93 | 1.65 | 2.38 |
| Quick Ratio | 2.24 | 2.24 | 1.96 | 2.19 | 2.14 | 1.57 | 1.20 | 1.33 | 1.73 | 1.57 | 2.23 |
| Cash Ratio | 1.56 | 1.56 | 0.95 | 1.10 | 1.00 | 0.82 | 0.38 | 0.43 | 0.82 | 0.55 | 0.86 |
| Asset Turnover | — | 1.29 | 1.15 | 1.30 | 1.14 | 1.41 | 1.91 | 2.02 | 1.91 | 2.10 | 1.74 |
| Inventory Turnover | 20.59 | 20.59 | 23.52 | 19.35 | 10.23 | 13.07 | 15.47 | 13.97 | 20.60 | 44.83 | 22.57 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.1% | 2.2% | 1.9% | 1.2% | 3.4% | 1.0% | 5.2% | 4.5% | 6.0% | 8.7% | 5.6% |
| Payout Ratio | 33.4% | 33.4% | 65.2% | 45.4% | 10.4% | 5.1% | 77.1% | 229.8% | 40.6% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.2% | 6.6% | 3.0% | 2.6% | 31.5% | 19.9% | 6.1% | 1.3% | 14.8% | — | — |
| FCF Yield | 8.0% | 8.5% | 12.9% | 10.4% | 11.5% | 48.5% | 10.4% | 4.7% | 10.6% | — | 1.6% |
| Buyback Yield | 2.2% | 2.4% | 2.6% | 1.5% | 6.0% | 2.9% | 1.1% | 2.9% | 0.6% | 0.8% | 0.0% |
| Total Shareholder Yield | 4.3% | 4.6% | 4.6% | 2.7% | 9.4% | 3.9% | 6.4% | 7.4% | 6.5% | 9.5% | 5.7% |
| Shares Outstanding | — | $26M | $27M | $26M | $26M | $26M | $27M | $27M | $26M | $24M | $23M |
Wholesale commodity price volatility
According to current market data, Genie Energy trades at a forward P/E of 22.80, which appears disconnected from the valuation multiples of traditional regulated utilities that typically trade as bond proxies based on authorized returns rather than speculative growth expectations in the retail energy sector.
The absence of a stable, regulated rate base makes the standard utility P/E valuation framework difficult to apply, as investors are essentially pricing a marketing and risk-management intermediary. The forward P/E premium suggests the market may be attempting to assign a growth multiple to the renewables segment, though this remains speculative given the historical volatility in earnings.
As reported in recent financial statements, Genie Energy maintains a debt-to-capital ratio of 0.00, a stark departure from the capital-intensive utility model that relies on debt-financed infrastructure to drive rate base expansion and maximize returns on equity through regulated leverage.
While the lack of debt provides a significant buffer against interest rate volatility, it also indicates that the company is not utilizing the tax-advantaged leverage that typically enhances shareholder returns in the utility sector. This conservative capital structure appears to be a strategic choice to mitigate the inherent risks of the deregulated retail energy market.
Based on the provided quarterly data, the dividend payout ratio has fluctuated significantly, reaching as high as 72.7% in 2026Q1, which suggests that the dividend is not supported by the consistent, predictable cash flows characteristic of a regulated utility with a guaranteed rate of return.
Investors should monitor the sustainability of the dividend, as the company's reliance on volatile retail energy spreads makes cash generation unpredictable. The current payout levels appear to be a management preference rather than a reflection of stable, long-term earnings power, warranting caution regarding future dividend growth.
The most commonly misapplied metric for Genie Energy is the standard utility P/E ratio, which obscures the company's true operational nature as a high-churn retail energy broker rather than a capital-intensive utility with a protected, regulated monopoly on service territory.
Applying a utility-style P/E multiple to Genie ignores the fact that its earnings are driven by wholesale-to-retail spreads and customer acquisition costs, not by authorized ROE on a rate base. Analysts should instead focus on customer lifetime value and churn-adjusted margins to better understand the company's underlying economic performance.
Includes 30+ ratios · 17 years · Updated daily
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Quick answers to the most common questions about buying GNE stock.
Genie Energy Ltd.'s current P/E ratio is 16.0x. The historical average is 24.5x. This places it at the 50th percentile of its historical range.
Genie Energy Ltd.'s current EV/EBITDA is 5.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.8x.
Genie Energy Ltd.'s return on equity (ROE) is 11.3%. The historical average is 13.1%.
Based on historical data, Genie Energy Ltd. is trading at a P/E of 16.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Genie Energy Ltd.'s current dividend yield is 2.08% with a payout ratio of 33.4%.
Genie Energy Ltd. has 25.5% gross margin and 6.7% operating margin.
Genie Energy Ltd.'s Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.