NYSE · Financial Statements

Companhia Energética de Minas Gerais (CIG) Financial Statements

$2.16 NYSE: CIG Market Cap $6.18B

Companhia Energética de Minas Gerais most recently reported annual revenue of $42.8B, net profit of $4.9B. Revenue grew at an average annual rate of 11.1% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Companhia Energética de Minas Gerais: Revenue rose from $18.8B in 2016 to $42.8B in 2025, a change of +127.7% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 9.6% to 14.8%, a shift of +5.2 percentage points; the most recent year shows net profit of $4.9B.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$18.8B$21.7B$22.3B$25.5B$25.2B$33.6B$34.5B$36.9B$39.8B$42.8B
Operating Expenses$17.0B$19.1B$19.4B$22.5B$20.5B$26.7B$28.8B$30.6B$32.3B$36.4B
Operating Profit$1.8B$2.6B$2.9B$3.0B$4.7B$7.0B$5.7B$6.2B$7.5B$6.3B
Operating Margin9.6%12.2%12.9%11.8%18.6%20.7%16.5%16.9%18.8%14.8%
Other Income$-1.4B$-996.0M$-868.0M$1.6B$-905.0M$-2.3B$-1.6B$638.0M$1.9B$-658.0M
Interest$2.0B$1.6B$1.4B$342.0M$245.0M$232.0M$197.0M$239.0M$205.0M$1.5B
Depreciation$834.0M$850.0M$850.0M$958.0M$989.0M$1.0B$1.2B$1.3B$1.4B$1.5B
Profit Before Tax$367.0M$1.6B$2.0B$4.6B$3.8B$4.7B$4.1B$6.9B$9.4B$5.7B
Tax$9.0M$39.1M$30.3M$35.0M$24.6M$20.1M$630,000$15.8M$23.9M$13.6M
Net Profit$334.0M$1.0B$1.7B$3.2B$2.9B$3.8B$4.1B$5.8B$7.1B$4.9B
EPS$0.13$0.35$0.69$1.12$1.00$1.31$1.43$2.01$2.49$1.70
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricJun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Revenue$8.8B$9.6B$10.0B$8.9B$8.9B$10.1B$12.3B$9.7B$10.8B$10.6B$2.1B$10.5B
Operating Expenses$7.2B$8.5B$8.1B$7.4B$6.9B$8.7B$9.7B$8.3B$9.3B$9.8B$1.9B$9.5B
Operating Profit$1.6B$1.1B$1.8B$1.5B$1.9B$1.4B$2.6B$1.4B$1.5B$820.0M$240.0M$942.0M
Operating Margin17.9%11.6%18.2%16.7%22.0%13.6%21.5%14.0%13.9%7.7%11.3%9.0%
Interest$472.0M$68.0M$56.0M$50.0M$53.0M$47.0M$54.0M$50.0M$189.0M$81.0M$85.0M$596.0M
Profit Before Tax$1.6B$1.5B$2.0B$1.5B$2.2B$4.6B$1.2B$1.2B$1.4B$847.0M$414.0M$1.0B
Tax$22.9M$16.4M$5.8M$23.2M$21.5M$27.9M$13.6M$14.4M$13.8M$5.9M$16.0M$6.7M
Net Profit$1.2B$1.2B$1.9B$1.2B$1.7B$3.3B$996.0M$1.0B$1.2B$796.0M$348.0M$979.0M
EPS$0.44$0.42$0.66$0.40$0.59$1.15$0.35$0.36$0.42$0.28$0.66$0.34

Over the 10 years reported for Companhia Energética de Minas Gerais, borrowings increased from $15.2B in 2016 to $19.9B in 2025, cash stood at $1.9B in the latest year, shareholders' equity was $14.3B, current assets covered current liabilities 1.00 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$42.0B$42.2B$60.3B$50.5B$54.1B$52.0B$53.7B$55.0B$59.7B$67.0B
Current Assets$8.3B$8.5B$28.0B$10.4B$15.5B$12.9B$13.5B$11.9B$12.2B$14.5B
Cash$995.0M$1.0B$891.0M$536.0M$1.7B$825.0M$1.4B$1.5B$1.9B$1.9B
Inventory$49.0M$38.0M$36.0M$39.0M$0$0$0$0$0$0
Receivables$4.4B$4.7B$5.2B$5.6B$5.1B$8.0B$8.3B$7.4B$7.4B$9.6B
Fixed Assets$3.8B$2.8B$2.7B$2.7B$2.6B$2.6B$2.7B$3.7B$4.1B$4.6B
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$15.5B$16.3B$10.8B$10.8B$13.6B$13.7B$13.0B$11.9B$11.8B$26.2B
Other Assets$0$0$0$0$0$0$0$0$0$0
Total Liabilities$29.1B$27.9B$44.3B$34.4B$36.6B$32.6B$31.9B$30.3B$32.3B$38.4B
Current Liabilities$11.4B$8.7B$23.4B$8.0B$9.7B$10.7B$11.2B$13.1B$14.1B$14.5B
Borrowings$15.2B$14.4B$14.8B$15.1B$15.2B$11.6B$10.9B$10.3B$12.7B$19.9B
Other Liabilities$13.9B$13.5B$29.5B$19.4B$21.4B$21.0B$21.0B$20.1B$19.6B$18.6B
Equity$6.3B$6.3B$7.3B$7.3B$7.6B$8.5B$11.0B$11.0B$14.3B$14.3B
Reserves$12.9B$14.3B$14.7B$16.1B$17.5B$19.5B$21.8B$24.6B$27.4B$28.6B

For Companhia Energética de Minas Gerais, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $3.3B; free cash flow was positive in 8 of 10 years; financing activities used $129.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$1.2B$580.0M$1.0B$2.0B$8.6B$3.7B$6.6B$6.6B$5.5B$4.0B
Investing Cash Flow$-2.1B$-1.2B$-1.1B$-3.1B$-5.2B$1.1B$-3.5B$-5.2B$-3.3B$-7.2B
Financing Cash Flow$0$3.3B$109.0M$0$0$0$1.0M$-67.0M$0$-129.0M
Net Cash Flow$70.0M$35.0M$-140.0M$-355.0M$1.1B$-855.0M$616.0M$96.0M$361.0M$218.0M
Free Cash Flow$-295.0M$-276.0M$131.0M$109.0M$8.4B$3.5B$6.3B$5.4B$4.6B$3.3B

Valuation & Return Ratios

MetricValue
PEG Ratio-0.32
EV / EBITDA10.30
FCF Yield6.73%
Quick Ratio0.93
Interest Coverage2.76
Return 1Y11.48%
Return 3Y66.47%
Return 5Y91.90%

Companhia Energética de Minas Gerais (CIG) financials — frequently asked questions

What is Companhia Energética de Minas Gerais's annual revenue?

Companhia Energética de Minas Gerais (CIG) reported annual revenue of $42.8B in its most recent fiscal year.

What is Companhia Energética de Minas Gerais's net profit?

Companhia Energética de Minas Gerais (CIG) reported net profit of $4.9B in its most recent fiscal year.

What is CIG EV/EBITDA?

Companhia Energética de Minas Gerais's enterprise value to EBITDA (EV/EBITDA) ratio is 10.30.

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