CIG vs ELPC
Energy Co. of Minas Gerais and Energy Co. of Parana, side by side — 10 fiscal years reported in BRL, drawn from SEC filings.
Most recent reported year
| Metric | CIG | ELPC |
|---|---|---|
| Revenue | BRL 39.8B | BRL 22.7B |
| Net income | BRL 7.1B | BRL 2.8B |
| Gross margin | 20.5% | 21.6% |
| Net margin | 17.9% | 12.4% |
| Return on equity | 27.4% | 11.3% |
| Diluted EPS | · | · |
| Dividend / share | · | · |
| Payout ratio | 26.5% | · |
| Free cash flow | BRL 4.8B | BRL -704.8M |
| Equity | BRL 27.4B | BRL 25.7B |
| Net debt / equity | 0.38× | · |
| Current ratio | 0.86× | 1.26× |
| Revenue CAGR 5y | 9.3% | 6.9% |
| Profit CAGR 5y | · | 6.3% |
CIG bills 1.8× the revenue of ELPC, and keeps more of each dollar of revenue as profit (17.9% against 12.4%).
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 | CIG | ELPC |
|---|---|---|
| FY2024 | BRL 39.8B | BRL 22.7B |
| FY2023 | BRL 36.9B | BRL 21.5B |
| FY2022 | BRL 34.5B | BRL 20.5B |
| FY2021 | BRL 33.6B | BRL 21.0B |
| FY2020 | BRL 25.2B | BRL 18.6B |
| FY2019 | BRL 25.5B | BRL 16.2B |
| FY2018 | BRL 22.3B | BRL 14.9B |
| FY2017 | BRL 21.7B | BRL 14.0B |
| FY2016 | BRL 18.8B | BRL 13.1B |
| FY2015 | BRL 21.9B | BRL 14.9B |
Bottom line
| Fiscal year | CIG | ELPC |
|---|---|---|
| FY2024 | BRL 7.1B | BRL 2.8B |
| FY2023 | BRL 5.8B | BRL 2.3B |
| FY2022 | BRL 4.1B | BRL 1.1B |
| FY2021 | BRL 3.8B | BRL 5.0B |
| FY2020 | BRL 2.9B | BRL 3.9B |
| FY2019 | BRL -3.2B | BRL 2.1B |
| FY2018 | BRL 1.8B | BRL 1.4B |
| FY2017 | BRL 1.0B | BRL 1.1B |
| FY2016 | BRL 334.0M | BRL 874.5M |
| FY2015 | BRL 2.5B | BRL 1.2B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +BRL 17,168,964,000 | CIG |
| FY2023 | +BRL 15,370,532,000 | CIG |
| FY2022 | +BRL 13,927,659,000 | CIG |
| FY2021 | +BRL 12,669,784,000 | CIG |
| FY2020 | +BRL 6,594,751,000 | CIG |
| FY2019 | +BRL 9,241,726,000 | CIG |
| FY2018 | +BRL 7,331,220,000 | CIG |
| FY2017 | +BRL 7,687,427,000 | CIG |
| FY2016 | +BRL 5,671,247,000 | CIG |
| FY2015 | +BRL 6,922,156,000 | CIG |
CIG has reported the higher revenue in every one of these 10 fiscal years. The gap has widened 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 | +5.5 pp | CIG |
| FY2023 | +4.8 pp | CIG |
| FY2022 | +6.3 pp | CIG |
| FY2021 | −12.9 pp | ELPC |
| FY2020 | −9.6 pp | ELPC |
| FY2019 | −0.2 pp | ELPC |
| FY2018 | −1.7 pp | ELPC |
| FY2017 | −3.4 pp | ELPC |
| FY2016 | −4.9 pp | ELPC |
| FY2015 | +3.5 pp | CIG |
The higher net margin has changed hands between CIG and ELPC over this period.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ELPC's net margin has been more volatile than CIG's over the 10 comparable fiscal years — 5.8 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 CIG and ELPC over these 10 fiscal years — CIG led in 4 and ELPC in 6.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CIG's return on equity has been more volatile than ELPC's over the 10 comparable fiscal years — 13.4 percentage points of standard deviation against 5.9.
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 CIG and ELPC over these 10 fiscal years — CIG led in 5 and ELPC in 5.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.