MARKETS / NYSE / CIG-C
NYSE · ELECTRIC SERVICES · LARGE CAP

Energy Co. of Minas Gerais CIG-C

10 fiscal years on record · BRL · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
BRL 39.8B
▲ 8.1% vs FY2023
EPS · FY24
Dividend / sh · FY24
Payout · FY24
26%
ROE · FY24
27.4%
Net margin · FY24
17.9%
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
BRL 39.8B
Revenue, FY2024 · full 10-year series below
Revenue Net income
1020304039.87.12015201820212024
1020304039.87.12015201820212024

18 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2024
EPS
0.81.62.42015201820212024
0.81.62.42015201820212024

The company pays no cash dividend.

Profitability
27.4%
Return on equity, FY2024
ROE
816243227.4%2015201820212024
816243227.4%2015201820212024
Operating margin
Net margin17.9%
Return on assets12.4%

Each BRL of equity produced 27 cents of profit this year.

Returned to shareholders
BRL 1.9B
returned in FY2024 · dividends + net buybacks
Dividends paidBRL 1.9B
Net buybacks
Share of profit26.5%
Consecutive raises

BRL 1.9B in dividends — 26% of the year's profit went back to shareholders.

Growth
+9.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+5.8%
+9.3%
Net income
+23.8%
Returned to shareholders
+38.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
2.86B
Shares outstanding, FY2024
1.262.862015201820212024
1.262.862015201820212024
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
BRL 59.7B
total assets, end of FY2024
Total assetsBRL 59.7B
EquityBRL 27.4B
CashBRL 1.9B
Gross debtBRL 12.3B
Net debtBRL 10.4B
Current ratio0.86×

Net debt stands at 38% of equity.

History
10 fiscal years
Every figure from documents filed with the SEC · BRL
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue BRL B
39.8
36.9
34.5
33.6
25.2
25.5
22.3
21.7
18.8
21.9
Operating income BRL B
·
·
·
·
·
·
·
·
·
·
EBITDA BRL B
·
·
·
·
·
·
·
·
·
·
Income tax BRL B
2.2
1.1
0.0
0.9
−0.9
1.6
0.6
0.6
0.0
0.9
Net income BRL B
7.1
5.8
4.1
3.8
2.9
−3.2
1.8
1.0
0.3
2.5
EPS, diluted BRL
·
·
1.86
1.70
1.30
1.45
·
·
·
·
Dividend / sh BRL
·
·
·
·
·
·
·
·
·
·
Payout %
26
9
6
·
32
−11
37
50
50
·
ROE %
27.4
24.8
19.8
20.3
17.2
−21.0
12.2
7.3
2.6
·
Shares out B
2.86
2.86
2.86
2.20
2.20
0.74
1.69
1.46
1.26
1.26

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
26 of 28
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 2 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed