YOLFTbeta
Companhia Energetica de Minas Gerais CEMIG Pref ADR

Companhia Energetica de Minas Gerais CEMIG Pref ADR

CIG · NYSE · Utilities / Utilities - Regulated Electric

1.92USD+0.08 (+4.35%)

Price History

Full chart

Market Stats

Previous Close1.84
Open1.89
Day Range1.89 – 1.92
52-Week Range1.72 – 2.65
Volume2.97M
Market Cap5.92B
P/E (TTM)6.68
Forward P/E9.09
EPS0.31
Dividend Yield7.07%
Beta0.05
50-Day Avg2.09
200-Day Avg2.19

About

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Electric
  • CEOMr. Alexandre Ramos Peixoto
  • Employees5.32K
  • HeadquartersAvenida Barbacena, 1200, Belo Horizonte, MG, Brazil, 30190-131, USA
  • Websitehttps://www.cemig.com.br

Leadership

  • Mr. Alexandre Ramos PeixotoCEO & Member of Executive Board
  • Ms. Andrea Marques de AlmeidaVP of Finance & Investor Relations and Member of Executive Board · b. 1971
  • Mr. Marney Tadeu AntunesChief Distribution Officer & Member of Executive Board · b. 1962
  • Mr. Marco da Camino Ancona Lopez SoligoVP of Generation, Transmission & Broadcast and Member of Executive Board
  • Mr. Sergio Lopes CabralVP of Trading & Member of Executive Board · b. 1965
  • Mr. Sérgio Pessoa de Paula CastroVP of Legal Affairs & Member of Executive Board
  • Mr. Marcos Montes CordeiroVP of Institutional Relations & Member of Executive Board
  • Mr. Luis Claudio Correa VillaniVice President of Information Technology & Member of Executive Board
  • Mr. Paulo Eduardo Pereira GuimarãesHead of Corporate Finance
  • Mr. Hudson Felix AlmeidaDirector of Compliance & People Management

Financials

Income Statement

Currency: BRL2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.76B5.01B4.87B6.03B7.48B7.51B4.05B9.43B13.67B12.16B13.79B12.39B14.14B14.63B19.59B21.87B18.77B21.71B22.30B25.49B25.23B33.65B34.46B36.85B39.82B42.75B
Growth (%)-+33.28%-2.68%+23.81%+23.99%+0.45%-46.12%+132.95%+44.98%-11.07%+13.42%-10.13%+14.07%+3.47%+33.96%+11.60%-14.15%+15.66%+2.70%+14.29%-1.01%+33.37%+2.43%+6.93%+8.06%+7.36%
Cost of Revenue1.12B2.17B1.78B1.95B2.26B2.26B4.97B2.86B4.70B7.39B9.00B8.01B9.70B9.85B12.80B15.78B14.43B17.49B17.68B19.60B19.91B26.92B27.65B28.47B31.99B35.51B
Gross Profit2.63B2.84B3.09B4.08B5.22B5.25B4.05B6.57B8.97B4.76B4.79B4.39B4.44B4.78B6.79B6.08B4.34B4.22B4.62B5.89B5.32B6.72B6.81B8.38B7.83B7.24B
Gross Margin70.13%56.75%63.40%67.64%69.80%69.93%100.00%69.68%65.62%39.18%34.74%35.39%31.42%32.67%34.67%27.83%23.13%19.45%20.73%23.10%21.08%19.98%19.77%22.75%19.66%16.93%
Operating Expense2.19B3.43B2.56B2.75B3.10B3.93B3.69B4.49B6.68B1.46B1.23B1.16B967.00M416.00M1.16B1.38B2.54B1.58B1.74B2.88B610.68M-228.00M1.13B2.17B338.00M909.00M
Operating Income440.00M-593.00M527.00M1.33B2.12B1.32B362.00M2.08B2.29B3.30B3.56B3.22B3.48B4.36B5.64B4.70B1.80B2.64B2.88B3.01B4.71B6.95B5.69B6.21B7.49B6.33B
Operating Margin11.71%-11.85%10.82%22.03%28.32%17.62%8.94%22.05%16.73%27.17%25.81%26.01%24.58%29.83%28.77%21.51%9.61%12.17%12.91%11.82%18.66%20.66%16.50%16.86%18.81%14.80%
EBITDA1.02B-1.22B1.19B2.69B3.40B3.10B5.55B3.83B3.90B5.45B4.92B4.96B6.77B5.67B6.31B5.71B3.23B4.09B4.22B6.85B5.24B6.92B6.24B9.15B11.74B8.71B
EBITDA Margin27.24%-24.32%24.49%44.58%45.46%41.32%137.06%40.56%28.53%44.86%35.68%40.05%47.90%38.77%32.20%26.12%17.22%18.86%18.92%26.87%20.77%20.55%18.10%24.84%29.49%20.36%
Net Income366.00M-719.00M-12.00M1.40B1.74B1.81B329.00M1.62B1.75B2.13B2.26B2.42B4.27B3.10B3.14B2.47B334.00M1.00B1.72B3.19B2.86B3.75B4.09B5.76B7.12B4.90B
Net Income Margin9.74%-14.36%-0.25%23.14%23.25%24.08%8.13%17.16%12.82%17.54%16.37%19.49%30.22%21.22%16.01%11.29%1.78%4.61%7.72%12.53%11.35%11.15%11.87%15.64%17.87%11.45%
R&D------------34.92M40.66M48.51M47.20M47.86M37.77M38.24M40.66M42.77M34.21M34.56M37.45M146.05M-
R&D as % of Total Revenue------------0.25%0.28%0.25%0.22%0.25%0.17%0.17%0.16%0.17%0.10%0.10%0.10%0.37%-
Interest Expense42.00M48.00M525.00M674.00M255.00M328.00M529.00M644.00M624.00M1.19B1.22B1.01B904.00M793.00M1.03B1.51B2.03B1.60B1.36B342.05M1.10B232.43M196.80M238.50M204.80M1.50B
Interest Expense % of Total Revenue1.12%0.96%10.78%11.17%3.41%4.37%13.07%6.83%4.56%9.77%8.83%8.17%6.39%5.42%5.26%6.93%10.82%7.36%6.09%1.34%4.35%0.69%0.57%0.65%0.51%3.52%

Balance Sheet

Currency: BRL2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets12.73B13.91B15.51B17.12B19.25B21.35B23.32B24.35B24.78B30.29B33.47B37.01B32.57B29.81B35.00B40.88B40.88B42.24B59.85B50.53B54.08B52.05B53.67B55.00B59.73B66.99B
Total Liabilities4.57B6.36B8.04B8.57B10.02B12.07B14.93B16.13B15.45B19.13B22.00B25.26B21.02B17.18B23.71B27.88B27.88B27.91B43.91B34.42B36.60B32.58B31.89B30.34B32.34B38.43B
Total Equity8.16B7.55B7.44B8.52B9.21B9.25B8.37B8.22B9.33B11.16B11.48B11.74B11.55B12.64B11.28B13.00B13.00B14.33B15.94B16.10B17.47B19.46B21.78B24.65B27.38B28.56B
Cash236.00M218.00M123.00M440.00M874.00M1.35B1.11B1.78B1.97B4.42B2.98B2.86B1.92B2.20B887.00M925.00M925.00M1.03B891.00M536.00M1.68B825.00M1.44B1.54B1.90B1.90B
Total Debt82.00M2.01B7.08B3.99B4.17B4.83B6.52B6.81B6.51B11.29B13.23B15.78B11.19B9.46B13.51B15.17B16.64B14.40B14.77B15.06B15.25B11.61B10.93B10.26B12.71B19.87B
Net Debt-154.00M1.79B6.96B3.55B3.29B3.48B5.42B5.03B4.54B6.87B10.25B12.92B9.27B7.25B12.62B14.24B14.24B13.37B13.88B14.53B13.57B10.78B9.49B8.73B10.81B17.97B

Cash Flow

Currency: BRL2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow831.00M720.00M732.00M658.00M1.54B1.77B2.29B2.84B2.96B3.50B3.46B3.90B3.11B3.52B3.73B3.01B1.21B580.00M1.01B2.04B8.61B3.69B6.61B6.64B5.50B4.00B
Investing Cash Flow-523.00M-1.01B-546.00M-852.00M-917.00M-1.54B-2.09B-1.11B-1.28B-3.61B-4.53B-4.02B-2.10B2.50B-4.30B-3.22B-614.00M-386.00M-211.00M-1.19B-5.08B1.37B-3.21B-3.97B-2.38B-6.53B
Financing Cash Flow-158.00M276.00M-281.00M511.00M-187.00M206.00M-441.00M-1.05B-1.50B2.25B-377.00M1.33M-1.39B-5.74B-750.00M247.00M-529.00M-158.00M-937.00M-1.20B-2.39B-5.91B-2.79B-2.58B-2.76B2.54B
Capital Expenditure406.00M323.00M636.00M782.00M1.22B1.51B1.33B1.12B971.00M3.08B2.65B2.78B2.27B938.00M920.00M1.08B1.51B856.00M877.00M1.93B173.00M233.00M292.00M1.26B919.00M685.45M
Free Cash Flow425.00M397.00M96.00M-124.00M322.95M259.00M958.00M1.72B1.99B423.00M812.00M1.12B846.12M2.58B2.81B1.92B-295.00M-276.00M131.00M109.00M8.43B3.45B6.32B5.38B4.58B3.31B
Dividends Paid196.00M172.00M214.00M200.00M308.10M490.45M2.07B1.33B865.00M937.00M1.83B2.04B1.75B4.60B3.92B796.00M675.00M540.00M509.00M701.00M598.00M1.42B2.09B1.82B4.29B3.89B
FCF to OCF51.14%55.14%13.11%-18.84%21.00%14.63%41.91%60.51%67.21%12.07%23.49%28.78%27.17%73.31%75.36%63.98%-24.32%-47.59%13.00%5.35%97.99%93.68%95.58%81.00%83.28%82.85%
Dividend Paid to FCF46.12%43.32%222.92%-161.29%95.40%189.36%216.28%77.74%43.47%221.51%225.25%181.43%206.54%178.50%139.23%41.37%-228.81%-195.65%388.55%643.12%7.09%41.02%33.11%33.87%93.82%117.50%

Earnings

Report DateAug 8, 1996Mar 20, 1997Jun 11, 1997Nov 25, 1997Mar 17, 1998Nov 20, 1998May 11, 1999May 29, 2001Aug 17, 2001Nov 20, 2001May 22, 2002Aug 19, 2002Dec 26, 2002May 19, 2003Aug 1, 2003Nov 3, 2003Mar 30, 2004May 3, 2004Aug 5, 2004Oct 29, 2004May 13, 2005Aug 1, 2005Nov 1, 2005Mar 10, 2006Aug 7, 2006Nov 6, 2006May 8, 2008Aug 15, 2008Nov 11, 2008Mar 19, 2009May 14, 2009Aug 13, 2009Nov 13, 2009Mar 25, 2010May 7, 2010Aug 13, 2010Nov 12, 2010Mar 29, 2011Aug 14, 2011Nov 14, 2011Mar 27, 2012May 15, 2012Aug 14, 2012Nov 14, 2012May 16, 2013Aug 14, 2013Nov 13, 2013Mar 21, 2014May 15, 2014Aug 13, 2014Nov 13, 2014Mar 26, 2015May 15, 2015Aug 14, 2015Nov 14, 2015Mar 30, 2016May 13, 2016Aug 12, 2016Nov 11, 2016Dec 31, 2016Apr 11, 2017Aug 12, 2017Nov 15, 2017Mar 29, 2018May 16, 2018Aug 14, 2018Nov 14, 2018Mar 28, 2019Apr 1, 2019Aug 15, 2019Nov 14, 2019Mar 19, 2020May 16, 2020Aug 14, 2020Nov 14, 2020Mar 25, 2021May 14, 2021Aug 16, 2021Nov 11, 2021Mar 30, 2022May 13, 2022Aug 12, 2022Nov 11, 2022Mar 24, 2023May 4, 2023Aug 3, 2023Nov 9, 2023Mar 22, 2024May 11, 2024Aug 12, 2024Nov 12, 2024Mar 19, 2025May 8, 2025Aug 14, 2025Nov 12, 2025Mar 19, 2026May 7, 2026Aug 20, 2026Nov 13, 2026
EPS Estimate0.040.040.010.040.130.100.100.030.01-0.040.03-0.03-0.020.010.030.050.100.060.010.040.040.070.080.070.080.080.130.120.120.07-0.100.100.160.100.130.130.100.230.26-0.15-0.14----0.340.200.250.140.350.080.020.020.020.030.070.070.030.040.040.080.020.030.030.090.130.080.080.050.080.180.070.070.020.040.050.030.080.000.060.050.10-0.010.080.090.150.070.130.060.060.050.070.070.050.05-
EPS Actual0.050.040.020.040.090.090.080.010.01-0.050.06-0.01-0.080.030.090.070.090.060.030.050.090.080.080.090.080.090.110.110.090.050.060.110.130.170.120.110.130.240.240.270.150.130.110.200.170.110.140.140.230.1326.600.140.390.060.020.050.000.030.050.070.080.02-0.020.130.04-0.010.010.110.130.34-0.080.05-0.010.180.070.020.040.080.040.050.090.000.060.060.10-0.010.080.170.080.110.200.060.060.080.050.120.070.08-
Surprise25.00%0.00%100.00%0.00%-30.77%-10.00%-20.00%-66.67%0.00%-25.00%100.00%66.67%-300.00%200.00%200.00%40.00%-10.00%0.00%200.00%25.00%125.00%14.29%0.00%28.57%0.00%12.50%-15.38%-8.33%-25.00%-28.57%-10.00%30.00%6.25%20.00%-15.38%0.00%140.00%4.35%3.85%--13.33%-42.86%-----32.35%-35.00%10540.00%0.00%12.74%-25.00%0.00%150.00%-94.50%0.00%-28.57%0.00%166.67%-50.00%-150.00%62.50%100.00%-133.33%-66.67%22.22%-1.77%322.13%-198.38%0.00%-109.50%-1.39%-5.37%-71.43%100.00%100.00%-10.20%59.88%14.75%40.00%7.67%26.60%1.20%0.00%-0.88%83.35%-46.06%57.14%53.85%-2.86%0.00%60.00%-28.57%86.47%40.00%60.00%-
Timing------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-After-hoursPre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-market-----After-hours----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hours-Pre-marketPre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-----Pre-market--Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours--

Key Statistics & Ratios

Market Cap5.92B
Enterprise Value10.36B
Trailing P/E6.68
Forward P/E9.09
PEG Ratio0.33
Price / Sales0.14
Price / Book1.12
EPS0.31
Book Value1.97
Revenue (TTM)43.74B
Gross Profit (TTM)4.87B
EBITDA7.89B
Profit Margin10.51%
Operating Margin15.58%
Return on Equity15.94%
Return on Assets5.94%
Shares Outstanding1.90B
Shares Float2.37B
Beta0.05
Dividend Yield7.07%
Dividend Rate0.15
Payout Ratio43.15%

Analyst Ratings

Sell
Based on 3 analystsTarget 2.05
  • Hold
    1
  • Sell
    2

Ownership Breakdown

Institutions
7.92%
Insiders
0.00%
Retail / Other
92.08%

Top Institutional Holders

  • BlackRock Inc
    21.00M0.73%
  • State Street Corp
    14.64M0.51%
  • Vanguard Capital Management, LLC
    10.52M0.37%
  • TSP Capital Management Group/LLC
    9.12M0.32%
  • The Goldman Sachs Group Inc
    8.02M0.28%
  • Renaissance Technologies Corp
    7.99M0.28%
  • American Century Companies Inc
    6.86M0.24%
  • Morgan Stanley - Brokerage Accounts
    4.13M0.14%
  • Crossmark Global Holdings, Inc.
    4.03M0.14%
  • United Capital Financial Advisers Inc
    2.73M0.10%
  • Marshall Wace Asset Management Ltd
    2.68M0.09%
  • Mangrove Partners
    2.63M0.09%

Top Fund Holders

  • iShares Global Infrastructure ETF Comm
    12.56M0.44%
  • Avantis Emerging Markets Equity ETF
    7.31M0.26%
  • State Street® SPDR® Portfolio EM ETF
    6.96M0.24%
  • iShares Global Infrastructure ETF
    5.65M0.20%
  • Vanguard Total Intl Stock Index Inv
    5.20M0.18%
  • Vanguard Emerging Mkts Stock Idx Inv
    4.34M0.15%
  • Stt Strt®SPDR®S&PKenshoNwEcosComposETF
    3.91M0.14%
  • Stt Strt® SPDR® S&P KenshoClnPwrETF
    3.15M0.11%

Dividends

20263×
0.04Jul 2, 20260.05May 14, 20260.04Mar 30, 2026
20256×
0.04Dec 30, 20250.03Dec 29, 20250.03Oct 6, 20250.04Jun 30, 20250.12May 12, 20250.03Mar 31, 2025
20247×
0.03Dec 30, 20240.03Sep 30, 20240.03Aug 26, 20240.02Jul 1, 20240.77May 24, 20240.04May 2, 20240.02Mar 28, 2024
20235×
0.09Dec 22, 20230.03Sep 29, 20230.03Jun 30, 20230.02Apr 28, 20230.01Mar 31, 2023
20223×
0.03Dec 30, 20220.02Dec 23, 20220.04Sep 30, 2022

Stock Splits

  • May 19, 202213:10
  • May 3, 20211445:1296
  • Aug 13, 20201519:1459
  • Jan 13, 20142529:1934
  • May 2, 2013676:599
  • May 14, 20125:4
  • Apr 30, 201011:10
  • May 14, 20095:4
  • Apr 28, 2008807:791
  • Jun 12, 20072:1
  • May 8, 20073:2
  • Apr 26, 20021131:1109