Excelerate Energy (EE) Financial Statements
Price: $24.75
Market Cap: $2.62B
Avg Volume: 351.72K
Market Cap: $2.62B
Avg Volume: 351.72K
Country: US
Industry: Renewable Utilities
Sector: Utilities
Industry: Renewable Utilities
Sector: Utilities
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Excelerate Energy.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue | $851.44M | $1.16B | $2.47B | $888.55M | $430.84M | $544.40M |
| Cost of Revenue | $542.29M | $860.88M | $2.12B | $583.24M | $150.48M | $232.73M |
| Gross Profit | $309.14M | $298.08M | $357.00M | $305.31M | $280.37M | $311.67M |
| Gross Profit Ratio | 36.31% | 25.72% | 14.44% | 34.36% | 65.07% | 57.25% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $94.15M | $87.48M | $66.10M | $47.09M | $42.94M | $35.51M |
| Other Expenses | $- | $- | $97.31M | $104.91M | $104.17M | $102.20M |
| Operating Expenses | $94.15M | $87.48M | $163.41M | $152.00M | $147.11M | $137.71M |
| Cost and Expenses | $636.44M | $948.36M | $2.28B | $735.24M | $297.59M | $370.44M |
| Interest Income | $- | $- | $59.54M | $80.81M | $89.43M | $101.61M |
| Interest Expense | $61.02M | $67.00M | $59.54M | $80.81M | $89.43M | $101.87M |
| Depreciation and Amortization | $100.94M | $116.10M | $130.51M | $129.83M | $117.92M | $103.98M |
| EBITDA | $341.10M | $326.70M | $297.86M | $273.00M | $254.18M | $267.82M |
| EBITDA Ratio | 40.06% | 28.19% | 12.04% | 30.72% | 59.00% | 49.20% |
| Operating Income | $215.00M | $210.60M | $186.69M | $139.34M | $133.26M | $160.68M |
| Operating Income Ratio | 25.25% | 18.17% | 7.55% | 15.68% | 30.93% | 29.52% |
| Total Other Income Expenses Net | $-35.86M | $-50.51M | $-78.36M | $-76.99M | $-86.43M | $-98.71M |
| Income Before Tax | $179.13M | $160.09M | $108.32M | $62.36M | $46.83M | $61.97M |
| Income Before Tax Ratio | 21.04% | 13.81% | 4.38% | 7.02% | 10.87% | 11.38% |
| Income Tax Expense | $26.10M | $33.25M | $28.33M | $21.17M | $13.94M | $13.72M |
| Net Income | $32.88M | $30.41M | $80.00M | $41.12M | $38.75M | $54.83M |
| Net Income Ratio | 3.86% | 2.62% | 3.23% | 4.63% | 8.99% | 10.07% |
| EPS | $1.29 | $1.16 | $3.05 | $1.72 | $1.59 | $2.25 |
| EPS Diluted | $1.27 | $1.16 | $3.05 | $1.72 | $1.59 | $2.25 |
| Weighted Average Shares Outstanding | 25.40M | 26.26M | 26.25M | 23.85M | 24.38M | 24.38M |
| Weighted Average Shares Outstanding Diluted | 25.84M | 26.26M | 26.26M | 23.85M | 24.38M | 24.38M |
| SEC Filing | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $537.52M | $555.85M | $516.66M | $72.79M | $90.24M | $53.77M |
| Short Term Investments | $43.47M | $16.46M | $13.34M | $12.22M | $10.23M | $8.78M |
| Cash and Short Term Investments | $537.52M | $555.85M | $530.00M | $85.01M | $100.47M | $62.55M |
| Net Receivables | $119.96M | $111.39M | $96.47M | $283.90M | $30.06M | $24.67M |
| Inventory | $- | $2.95M | $173.60M | $105.02M | $22.35M | $5.24M |
| Other Current Assets | $96.80M | $12.96M | $37.64M | $28.69M | $20.45M | $9.78M |
| Total Current Assets | $754.28M | $699.61M | $823.53M | $490.39M | $167.77M | $99.62M |
| Property Plant Equipment Net | $1.62B | $1.66B | $1.53B | $1.54B | $1.62B | $1.56B |
| Goodwill | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $-1.89M | $- | $-939.00K | $- | $- |
| Long Term Investments | $396.11M | $404.82M | $424.09M | $434.96M | $441.46M | $450.85M |
| Tax Assets | $27.56M | $44.84M | $39.87M | $939.00K | $- | $- |
| Other Non-Current Assets | $82.37M | $55.05M | $45.04M | $35.99M | $30.34M | $22.92M |
| Total Non-Current Assets | $2.13B | $2.16B | $2.04B | $2.01B | $2.09B | $2.03B |
| Other Assets | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.88B | $2.86B | $2.87B | $2.50B | $2.26B | $2.13B |
| Account Payables | $7.13M | $13.76M | $96.82M | $311.59M | $7.12M | $6.16M |
| Short Term Debt | $79.21M | $74.77M | $82.99M | $93.89M | $107.83M | $92.05M |
| Tax Payables | $- | $5.81M | $8.09M | $25.02M | $239.00K | $- |
| Deferred Revenue | $58.19M | $27.17M | $144.81M | $9.65M | $11.98M | $9.93M |
| Other Current Liabilities | $71.57M | $82.24M | $58.80M | $80.02M | $65.01M | $50.44M |
| Total Current Liabilities | $216.10M | $203.76M | $391.51M | $520.16M | $192.18M | $158.59M |
| Long Term Debt | $167.91M | $699.87M | $632.89M | $924.27M | $1.23B | $1.17B |
| Deferred Revenue Non-Current | $- | $- | $32.95M | $14.45M | $9.57M | $4.75M |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $39.38M | $35.42M |
| Other Non-Current Liabilities | $610.70M | $147.40M | $112.77M | $37.93M | $11.07M | $23.66M |
| Total Non-Current Liabilities | $778.61M | $847.27M | $778.62M | $976.65M | $1.29B | $1.23B |
| Other Liabilities | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $994.71M | $1.05B | $1.17B | $1.50B | $1.48B | $1.39B |
| Preferred Stock | $- | $- | $- | $- | $- | $- |
| Common Stock | $108.00K | $108.00K | $108.00K | $1.14B | $902.10M | $863.75M |
| Retained Earnings | $72.32M | $39.75M | $12.01M | $- | $- | $- |
| Accumulated Other Comprehensive Income Loss | $502.00K | $505.00K | $515.00K | $-9.18M | $-14.96M | $-9.53M |
| Other Total Stockholders Equity | $1.82B | $465.08M | $464.72M | $- | $- | $- |
| Total Stockholders Equity | $1.89B | $505.45M | $477.35M | $1.12B | $887.14M | $854.22M |
| Total Equity | $3.29B | $1.81B | $1.70B | $1.00B | $771.16M | $745.29M |
| Total Liabilities and Stockholders Equity | $2.88B | $2.86B | $2.87B | $2.50B | $2.26B | $2.13B |
| Minority Interest | $1.40B | $1.30B | $1.22B | $-115.91M | $-115.98M | $-108.93M |
| Total Liabilities and Total Equity | $2.88B | $2.86B | $2.87B | $2.50B | $2.26B | $2.13B |
| Total Investments | $439.58M | $419.31M | $412.91M | $447.18M | $451.69M | $459.62M |
| Total Debt | $247.12M | $774.65M | $715.88M | $1.02B | $1.34B | $1.26B |
| Net Debt | $-290.40M | $218.79M | $199.23M | $945.37M | $1.25B | $1.20B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Net Income | $153.03M | $30.41M | $80.00M | $41.19M | $32.89M | $48.25M |
| Depreciation and Amortization | $100.94M | $130.76M | $129.01M | $128.40M | $116.55M | $102.67M |
| Deferred Income Tax | $3.82M | $-3.32M | $2.25M | $-966.00K | $408.00K | $-4.52M |
| Stock Based Compensation | $- | $- | $956.00K | $- | $- | $950.00K |
| Change in Working Capital | $-25.34M | $-37.26M | $-14.72M | $-27.54M | $-37.39M | $5.11M |
| Accounts Receivables | $- | $-26.88M | $197.90M | $-247.17M | $-2.45M | $4.31M |
| Inventory | $- | $169.66M | $-68.58M | $-82.67M | $-17.11M | $35.13M |
| Accounts Payables | $1.20M | $-54.08M | $-258.28M | $316.84M | $-16.74M | $-38.94M |
| Other Working Capital | $-26.55M | $-125.95M | $114.24M | $-14.54M | $-1.08M | $4.61M |
| Other Non Cash Items | $11.98M | $111.29M | $27.59M | $-439.00K | $-3.08M | $745.00K |
| Net Cash Provided by Operating Activities | $244.44M | $231.88M | $225.09M | $141.61M | $108.96M | $153.20M |
| Investments in Property Plant and Equipment | $- | $-312.74M | $-119.27M | $-36.09M | $-41.26M | $-47.47M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $25.71B | $- | $12.22M | $- | $- | $- |
| Other Investing Activities | $-25.83B | $4.10M | $-12.22M | $- | $- | $- |
| Net Cash Used for Investing Activities | $-113.26M | $-308.63M | $-119.27M | $-36.09M | $-41.26M | $-47.47M |
| Debt Repayment | $-74.21M | $126.75M | $-67.48M | $-124.10M | $-29.85M | $-132.60M |
| Common Stock Issued | $- | $- | $412.15M | $- | $- | $- |
| Common Stock Repurchased | $-50.00M | $-52.00K | $- | $- | $- | $- |
| Dividends Paid | $-25.90M | $-2.63M | $-1.31M | $- | $-7.59M | $-650.00K |
| Other Financing Activities | $1.08M | $-12.72M | $409.98M | $- | $6.00M | $6.70M |
| Net Cash Used Provided by Financing Activities | $-149.02M | $111.36M | $341.18M | $-124.10M | $-31.44M | $-126.55M |
| Effect of Forex Changes on Cash | $-119.00K | $-121.00K | $- | $- | $- | $- |
| Net Change in Cash | $-17.96M | $34.49M | $447.01M | $-18.57M | $36.27M | $-20.82M |
| Cash at End of Period | $554.50M | $572.46M | $537.97M | $90.96M | $109.54M | $73.27M |
| Cash at Beginning of Period | $572.46M | $537.97M | $90.96M | $109.54M | $73.27M | $94.09M |
| Operating Cash Flow | $244.44M | $231.88M | $225.09M | $141.61M | $108.96M | $153.20M |
| Capital Expenditure | $-113.26M | $-312.74M | $-119.27M | $-36.09M | $-41.26M | $-47.47M |
| Free Cash Flow | $131.18M | $-80.85M | $105.82M | $105.52M | $67.71M | $105.73M |