AXICY vs CIG
Axia Energia S.a. and Energy Co. of Minas Gerais, side by side — 10 fiscal years reported in BRL, drawn from SEC filings.
Most recent reported year
| Metric | AXICY | CIG |
|---|---|---|
| Revenue | BRL 40.2B | BRL 39.8B |
| Net income | BRL 10.4B | BRL 7.1B |
| Gross margin | · | 20.5% |
| Net margin | 25.8% | 17.9% |
| Return on equity | 8.9% | 27.4% |
| Diluted EPS | · | · |
| Dividend / share | · | · |
| Payout ratio | 12.6% | 26.5% |
| Free cash flow | BRL 9.3B | BRL 4.8B |
| Equity | BRL 121.9B | BRL 27.4B |
| Net debt / equity | 0.40× | 0.38× |
| Current ratio | 2.04× | 0.86× |
| Revenue CAGR 5y | 6.7% | 9.3% |
| Profit CAGR 5y | −1.5% | · |
AXICY and CIG book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (25.8% against 17.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AXICY | CIG |
|---|---|---|
| FY2024 | BRL 40.2B | BRL 39.8B |
| FY2023 | BRL 37.2B | BRL 36.9B |
| FY2022 | BRL 34.1B | BRL 34.5B |
| FY2021 | BRL 34.6B | BRL 33.6B |
| FY2020 | BRL 25.4B | BRL 25.2B |
| FY2019 | BRL 29.0B | BRL 25.5B |
| FY2018 | BRL 26.2B | BRL 22.3B |
| FY2017 | BRL 29.4B | BRL 21.7B |
| FY2016 | BRL 50.4B | BRL 18.8B |
| FY2015 | BRL 32.2B | BRL 21.9B |
Bottom line
| Fiscal year | AXICY | CIG |
|---|---|---|
| FY2024 | BRL 10.4B | BRL 7.1B |
| FY2023 | BRL 4.5B | BRL 5.8B |
| FY2022 | BRL 3.6B | BRL 4.1B |
| FY2021 | BRL 5.6B | BRL 3.8B |
| FY2020 | BRL 6.3B | BRL 2.9B |
| FY2019 | BRL 11.2B | BRL -3.2B |
| FY2018 | BRL 14.5B | BRL 1.8B |
| FY2017 | BRL -1.8B | BRL 1.0B |
| FY2016 | BRL 3.4B | BRL 334.0M |
| FY2015 | BRL -11.4B | BRL 2.5B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +BRL 361,552,000 | AXICY |
| FY2023 | +BRL 308,908,000 | AXICY |
| FY2022 | −BRL 388,767,000 | CIG |
| FY2021 | +BRL 980,834,000 | AXICY |
| FY2020 | +BRL 172,936,000 | AXICY |
| FY2019 | +BRL 3,556,129,000 | AXICY |
| FY2018 | +BRL 3,948,853,000 | AXICY |
| FY2017 | +BRL 7,729,332,000 | AXICY |
| FY2016 | +BRL 31,627,113,000 | AXICY |
| FY2015 | +BRL 10,312,843,000 | AXICY |
The higher-revenue side has changed between AXICY and CIG over this period. The gap has narrowed since the earliest year compared.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +8.0 pp | AXICY |
| FY2023 | −3.8 pp | CIG |
| FY2022 | −1.2 pp | CIG |
| FY2021 | +5.3 pp | AXICY |
| FY2020 | +13.8 pp | AXICY |
| FY2019 | +25.8 pp | AXICY |
| FY2018 | +47.6 pp | AXICY |
| FY2017 | −10.5 pp | CIG |
| FY2016 | +5.5 pp | AXICY |
| FY2015 | −48.3 pp | CIG |
The higher net margin has changed hands between AXICY and CIG over this period.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AXICY's net margin has been more volatile than CIG's over the 10 comparable fiscal years — 23.7 percentage points of standard deviation against 4.5.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AXICY and CIG over these 10 fiscal years — AXICY led in 6 and CIG in 4.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AXICY's return on equity has been more volatile than CIG's over the 10 comparable fiscal years — 13.9 percentage points of standard deviation against 13.4.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AXICY and CIG over these 10 fiscal years — AXICY led in 3 and CIG in 7.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.