Genie Energy (LTS:0IUS) COGS-to-Revenue : 0.72 (As of Mar. 2024)

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What is Genie Energy COGS-to-Revenue?

Genie Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $85.9 Mil. Its Revenue for the three months ended in Mar. 2024 was $119.7 Mil.

Genie Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Genie Energy's Gross Margin % for the three months ended in Mar. 2024 was 28.23%.

Genie Energy COGS-to-Revenue Historical Data

The historical data trend for Genie Energy's COGS-to-Revenue 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 COGS-to-Revenue Chart

Genie Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.74

0.73

0.72

0.51

0.66

Genie Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.68	0.59	0.67	0.68	0.72

Genie Energy COGS-to-Revenue Calculation

Genie Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	282.502	/	428.708
	=	0.66

Genie Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	85.902	/	119.688
	=	0.72

Genie Energy (LTS:0IUS) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Genie Energy's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	85.902 / 119.688
	=	28.23 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Genie Energy COGS-to-Revenue Related Terms

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Genie Energy (LTS:0IUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Genie Energy Ltd (LTS:0IUS) » Definitions » COGS-to-Revenue

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VIA SUME HE MGEE NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE

Traded in Other Exchanges

GNE:USA 6GE:Germany

Address

520 Broad Street, Newark, NJ, USA, 07102

Website

https://www.genie.com

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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