Genie Energy Ltd (GNE) - Net Assets
Based on the latest financial reports, Genie Energy Ltd (GNE) has net assets worth $245.31 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($376.46 Million) and total liabilities ($131.15 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Genie Energy Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $245.31 Million |
| % of Total Assets | 65.16% |
| Annual Growth Rate | 14.12% |
| 5-Year Change | 120.64% |
| 10-Year Change | 206.07% |
| Growth Volatility | 62.74 |
Genie Energy Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Genie Energy Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Genie Energy Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Genie Energy Ltd (2009–2025)
The table below shows the annual net assets of Genie Energy Ltd from 2009 to 2025. For live valuation and market cap data, see Genie Energy Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $244.45 Million | +36.14% |
| 2024-12-31 | $179.55 Million | -2.69% |
| 2023-12-31 | $184.51 Million | +6.26% |
| 2022-12-31 | $173.64 Million | +56.73% |
| 2021-12-31 | $110.79 Million | +28.71% |
| 2020-12-31 | $86.08 Million | +6.36% |
| 2019-12-31 | $80.93 Million | -12.66% |
| 2018-12-31 | $92.66 Million | +38.04% |
| 2017-12-31 | $67.13 Million | -15.95% |
| 2016-12-31 | $79.86 Million | -30.37% |
| 2015-12-31 | $114.70 Million | -3.89% |
| 2014-12-31 | $119.34 Million | +2.58% |
| 2013-12-31 | $116.34 Million | -1.49% |
| 2012-12-31 | $118.10 Million | -1.83% |
| 2011-12-31 | $120.30 Million | +251.38% |
| 2010-12-31 | $34.24 Million | +15.96% |
| 2009-12-31 | $29.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genie Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 389.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $136.18 Million | 54.28% |
| Common Stock | $309.00K | 0.12% |
| Other Comprehensive Income | $4.92 Million | 1.96% |
| Other Components | $109.49 Million | 43.64% |
| Total Equity | $250.90 Million | 100.00% |
Genie Energy Ltd Competitors by Market Cap
The table below lists competitors of Genie Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VRG SA
WAR:VRG
|
$347.15 Million |
|
Power Wind Health Industry Incorporated
TW:8462
|
$347.24 Million |
|
Zhejiang Tailin Bioengineering Co Ltd
SHE:300813
|
$347.26 Million |
|
Zhejiang Busen Garments Co Ltd
SHE:002569
|
$347.29 Million |
|
Hengxin Mobile Business
SHE:300081
|
$346.92 Million |
|
Motech Industries Co Ltd
TWO:6244
|
$346.92 Million |
|
Buana Listya Tama Tbk PT
JK:BULL
|
$346.82 Million |
|
Vox Royalty Corp. Common Stock
NASDAQ:VOXR
|
$346.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genie Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 190,508,000 to 250,902,000, a change of 60,394,000 (31.7%).
- Net income of 24,006,000 contributed positively to equity growth.
- Dividend payments of 8,023,000 reduced retained earnings.
- Share repurchases of 8,663,000 reduced equity.
- Other comprehensive income increased equity by 1,002,000.
- Other factors increased equity by 52,072,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.01 Million | +9.57% |
| Dividends Paid | $8.02 Million | -3.2% |
| Share Repurchases | $8.66 Million | -3.45% |
| Other Comprehensive Income | $1.00 Million | +0.4% |
| Other Changes | $52.07 Million | +20.75% |
| Total Change | $- | 31.70% |
Book Value vs Market Value Analysis
This analysis compares Genie Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.47x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.58x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $1.32 | $13.98 | x |
| 2010-12-31 | $1.51 | $13.98 | x |
| 2011-12-31 | $5.61 | $13.98 | x |
| 2012-12-31 | $5.92 | $13.98 | x |
| 2013-12-31 | $6.16 | $13.98 | x |
| 2014-12-31 | $5.88 | $13.98 | x |
| 2015-12-31 | $5.18 | $13.98 | x |
| 2016-12-31 | $4.23 | $13.98 | x |
| 2017-12-31 | $2.85 | $13.98 | x |
| 2018-12-31 | $4.03 | $13.98 | x |
| 2019-12-31 | $3.45 | $13.98 | x |
| 2020-12-31 | $3.66 | $13.98 | x |
| 2021-12-31 | $4.68 | $13.98 | x |
| 2022-12-31 | $7.10 | $13.98 | x |
| 2023-12-31 | $7.57 | $13.98 | x |
| 2024-12-31 | $7.01 | $13.98 | x |
| 2025-12-31 | $9.51 | $13.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genie Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.78%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.55x
- Recent ROE (9.57%) is below the historical average (10.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 77.05% | 8.59% | 5.19x | 1.73x | $19.80 Million |
| 2010 | 43.12% | 7.24% | 3.53x | 1.69x | $11.19 Million |
| 2011 | 1.28% | 0.80% | 1.36x | 1.18x | $-11.10 Million |
| 2012 | -2.68% | -1.43% | 1.53x | 1.23x | $-15.53 Million |
| 2013 | -4.87% | -2.11% | 1.76x | 1.31x | $-18.02 Million |
| 2014 | -21.19% | -9.63% | 1.80x | 1.22x | $-38.99 Million |
| 2015 | -6.50% | -3.55% | 1.35x | 1.36x | $-18.93 Million |
| 2016 | -25.41% | -11.56% | 1.74x | 1.26x | $-34.18 Million |
| 2017 | -10.42% | -2.65% | 2.10x | 1.87x | $-13.71 Million |
| 2018 | 21.98% | 8.13% | 1.91x | 1.42x | $12.42 Million |
| 2019 | 4.40% | 1.32% | 2.02x | 1.65x | $-5.31 Million |
| 2020 | 13.41% | 3.69% | 1.91x | 1.91x | $3.35 Million |
| 2021 | 23.70% | 9.04% | 1.41x | 1.86x | $16.89 Million |
| 2022 | 46.92% | 27.83% | 1.14x | 1.48x | $69.09 Million |
| 2023 | 9.91% | 4.56% | 1.30x | 1.68x | $-185.90K |
| 2024 | 6.61% | 2.96% | 1.15x | 1.95x | $-6.46 Million |
| 2025 | 9.57% | 4.78% | 1.29x | 1.55x | $-1.08 Million |
Industry Comparison
This section compares Genie Energy Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $12,506,431,700
- Average return on equity (ROE) among peers: 7.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genie Energy Ltd (GNE) | $245.31 Million | 77.05% | 0.53x | $347.11 Million |
| Ameren Corp (AEE) | $6.77 Billion | -14.39% | 2.23x | $30.07 Billion |
| American Electric Power Co Inc (AEP) | $19.06 Billion | 10.09% | 2.61x | $69.48 Billion |
| CMS Energy Corporation (CMS) | $9.71 Billion | 11.03% | 3.16x | $22.43 Billion |
| CenterPoint Energy Inc (CNP) | $1.30 Billion | 19.44% | 12.21x | $27.65 Billion |
| Dominion Energy Inc (D) | $11.50 Billion | 12.24% | 2.97x | $58.27 Billion |
| DTE Energy Company (DTE) | $7.41 Billion | 8.23% | 2.55x | $30.36 Billion |
| Duke Energy Corporation (DUK) | $51.14 Billion | 7.00% | 2.32x | $96.56 Billion |
| Consolidated Edison Inc (ED) | $5.72 Billion | 10.42% | 1.93x | $39.18 Billion |
| Empresa Distribuidora y Comercializadora Norte SA ADR (EDN) | $1.75 Billion | -4.23% | 1.82x | $519.48 Million |
| Edison International (EIX) | $10.71 Billion | 11.35% | 3.17x | $27.16 Billion |
About Genie Energy Ltd
Genie Energy Ltd., through its subsidiaries, engages in the provision of energy services in the United States and internationally. The company operates through two segments, Genie Retail Energy and Genie Renewables. It resells electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States and Texas; and develops, constructs, and operates utilit… Read more