Energy of Minas Gerais Co DRC

Energy of Minas Gerais Co DRC

CIG-C · NYSE · Utilities / Utilities - Regulated Electric

3.01USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close3.01
Open3.01
Day Range3.01 – 3.01
52-Week Range2.20 – 3.89
Volume153
Market Cap9.15B
P/E (TTM)10.00
Forward P/E11.64
EPS0.32
Dividend Yield4.57%
Beta0.05
50-Day Avg3.16
200-Day Avg3.08

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 Revenue3.76B5.01B4.87B6.03B7.65B7.51B8.64B9.43B9.83B17.44B12.86B15.81B18.46B14.63B19.54B21.29B18.77B21.71B22.27B25.49B25.23B33.65B34.46B36.85B39.82B42.75B
Growth (%)-+33.28%-2.68%+23.81%+26.89%-1.84%+15.00%+9.14%+4.22%+77.47%-26.25%+22.94%+16.73%-20.75%+33.57%+8.97%-11.83%+15.66%+2.55%+14.47%-1.02%+33.37%+2.43%+6.93%+8.06%+7.36%
Cost of Revenue1.12B3.49B1.78B1.95B2.33B2.16B2.71B2.86B3.07B4.96B5.34B9.96B12.38B11.23B12.80B18.32B15.90B18.43B19.02B18.60B19.91B26.92B27.65B28.47B31.99B35.51B
Gross Profit2.63B1.52B3.09B4.08B5.32B5.35B5.93B6.57B6.76B12.48B7.52B5.86B6.08B3.40B6.74B2.97B2.87B3.28B3.25B6.89B5.32B6.72B6.81B8.38B7.83B7.24B
Gross Margin70.13%30.34%63.40%67.64%69.55%71.20%68.63%69.68%68.75%71.56%58.45%37.04%32.92%23.22%34.48%13.97%15.29%15.10%14.59%27.04%21.08%19.98%19.77%22.75%19.66%16.93%
Operating Expense2.19B2.11B2.56B2.75B3.21B4.03B5.16B4.49B4.47B9.18B3.87B1.44B1.99B1.04M1.16B-1.15B1.07B635.59M753.48M3.68B610.68M720.47M1.13B2.17B338.00M909.00M
Operating Income440.00M-593.00M527.00M1.33B2.12B1.32B773.00M2.08B2.29B3.30B3.65B4.41B4.08B3.40B5.58B4.12B1.80B2.64B2.50B3.21B4.71B6.00B5.69B6.21B7.49B6.33B
Operating Margin11.71%-11.85%10.82%22.03%27.67%17.62%8.95%22.05%23.27%18.94%28.35%27.91%22.12%23.21%28.56%19.35%9.61%12.17%11.21%12.59%18.66%17.84%16.50%16.86%18.81%14.80%
EBITDA1.02B-1.22B1.19B2.69B2.59B1.99B2.54B3.83B3.90B4.04B4.92B4.96B6.77B5.00B6.31B5.71B3.71B4.09B4.31B3.95B5.24B6.67B6.24B9.15B11.74B8.71B
EBITDA Margin27.24%-24.32%24.49%44.58%33.88%26.51%29.38%40.56%39.69%23.16%38.25%31.38%36.68%34.18%32.29%26.83%19.78%18.86%19.37%15.51%20.77%19.84%18.10%24.84%29.49%20.36%
Net Income366.00M-719.00M-12.00M1.40B1.74B1.81B702.00M1.62B1.75B1.86B2.26B2.42B4.27B2.95B3.14B503.00K334.33M1.00B1.70B3.19B2.86B3.75B4.09B5.76B7.12B4.90B
Net Income Margin9.74%-14.36%-0.25%23.14%22.72%24.08%8.13%17.16%17.84%10.67%17.55%15.27%23.14%20.20%16.05%0.00%1.78%4.61%7.64%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------------0.19%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 Expense42.00M48.00M525.00M674.00M254.98M326.97M529.00M644.00M624.00M799.00M1.67B2.05B1.38B792.00M1.03B2.20B2.48B1.80B1.32B342.05M245.18M2.25B935.00M238.50M1.01B1.50B
Interest Expense % of Total Revenue1.12%0.96%10.78%11.17%3.33%4.35%6.12%6.83%6.35%4.58%13.01%12.97%7.45%5.41%5.27%10.35%13.20%8.29%5.95%1.34%0.97%6.70%2.71%0.65%2.53%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 Assets12.73B14.06B15.17B17.12B19.25B21.35B23.49B24.35B24.78B28.87B33.56B37.36B40.77B29.81B35.00B40.86B42.04B42.24B59.85B49.93B54.08B52.05B53.67B55.00B59.73B66.99B
Total Liabilities4.57B6.52B7.70B8.57B10.02B12.07B15.10B16.13B15.45B18.59B22.08B25.61B28.73B17.18B23.71B27.87B29.10B27.91B43.91B34.42B36.60B32.58B31.89B30.34B32.34B38.43B
Total Equity8.16B7.54B7.44B8.52B9.21B9.25B8.37B8.22B9.33B10.28B11.48B11.74B12.04B12.64B11.28B12.98B12.93B14.33B14.58B16.10B17.47B19.46B21.78B24.65B27.38B28.56B
Cash236.00M217.19M123.00M440.00M874.00M1.35B1.11B1.78B1.97B4.42B2.98B2.86B2.49B2.20B887.00M925.00M995.00M1.03B891.00M536.00M1.68B825.00M1.44B1.54B1.90B1.90B
Total Debt1.15B2.45B3.54B3.99B4.17B4.83B6.52B6.81B6.51B11.29B11.65B16.01B16.17B9.46B13.51B15.17B15.18B14.40B14.77B15.06B15.25B11.61B10.94B10.26B12.71B19.87B
Net Debt916.00M2.23B3.42B3.55B3.29B3.48B5.42B5.03B4.54B6.87B8.67B13.14B13.68B7.25B12.62B14.24B14.18B13.37B13.88B14.53B13.57B10.78B9.49B8.73B10.81B17.97B

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, 2001Aug 19, 2002Dec 26, 2002May 19, 2003Aug 1, 2003Nov 3, 2003Mar 30, 2004May 3, 2004May 20, 2005Aug 3, 2005Nov 15, 2005Aug 8, 2006May 14, 2009Aug 13, 2009Nov 13, 2009Mar 25, 2010May 7, 2010Aug 13, 2010Aug 14, 2011Nov 14, 2011Mar 27, 2012May 14, 2012Aug 14, 2012Nov 14, 2012May 16, 2013Aug 14, 2013Nov 13, 2013Mar 21, 2014May 15, 2014Aug 13, 2014Nov 14, 2014Mar 27, 2015May 15, 2015Aug 16, 2015Nov 16, 2015Mar 30, 2016May 13, 2016Aug 15, 2016Nov 14, 2016Apr 12, 2017Aug 13, 2017Nov 15, 2017Mar 29, 2018May 16, 2018Aug 15, 2018Nov 14, 2018Mar 28, 2019Apr 1, 2019Aug 15, 2019Nov 14, 2019Mar 19, 2020May 16, 2020Aug 14, 2020Nov 13, 2020Mar 26, 2021May 14, 2021Aug 13, 2021Nov 11, 2021Mar 29, 2022May 13, 2022Aug 12, 2022Nov 11, 2022Mar 24, 2023May 4, 2023Aug 3, 2023Nov 9, 2023Mar 21, 2024May 10, 2024Aug 13, 2024Nov 13, 2024Mar 19, 2025May 8, 2025Aug 15, 2025Nov 14, 2025Mar 19, 2026May 8, 2026Aug 14, 2026
EPS Estimate0.040.040.010.040.150.110.120.040.02-0.05-0.03-0.020.020.040.060.120.070.050.160.120.15-0.200.180.180.200.250.260.30--------0.670.390.490.290.410.190.050.020.030.050.130.070.090.040.100.040.060.070.090.130.080.080.050.080.180.030.070.040.080.030.030.080.000.060.050.100.080.080.090.150.110.130.080.060.050.060.070.05-
EPS Actual0.060.050.020.050.100.110.10-0.010.01-0.06-0.01-0.090.030.100.080.110.070.140.160.160.120.070.210.260.190.230.130.280.320.200.190.150.210.220.150.180.140.420.340.010.350.400.130.040.060.000.410.110.070.03-0.020.150.10-0.010.020.110.130.34-0.080.05-0.010.180.030.070.030.080.030.040.090.000.060.130.100.080.080.170.080.110.210.060.060.080.050.120.070.07
Surprise50.00%25.00%100.00%25.00%-33.33%0.00%-16.67%-125.00%-50.00%-20.00%66.67%-350.00%50.00%150.00%33.33%-8.33%0.00%180.00%0.00%33.33%-20.00%-5.00%44.44%5.56%15.00%-48.00%7.69%6.67%---------37.31%-12.82%-98.02%20.69%-3.00%-31.58%-20.00%200.00%-96.67%720.00%-15.38%0.00%-66.67%-150.00%50.00%150.00%-116.67%-71.43%22.22%-1.77%322.13%-198.38%0.00%-109.50%-1.39%15.33%-2.14%-31.75%-3.63%-16.00%29.67%14.75%-28.21%7.67%153.40%1.20%5.63%-0.88%83.35%-46.06%2.91%56.83%-25.38%10.50%52.86%-16.27%82.71%21.68%-
Timing---------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-----

Key Statistics & Ratios

Market Cap9.15B
Enterprise Value10.36B
Trailing P/E10.00
Forward P/E11.64
PEG Ratio0.33
Price / Sales0.21
Price / Book1.64
EPS0.32
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 Outstanding956.60M
Shares Float2.37B
Beta0.05
Dividend Yield4.57%
Dividend Rate0.15
Payout Ratio46.93%

Dividends

20263×
0.04Jul 2, 20260.04May 14, 20260.04Mar 30, 2026
20256×
0.04Dec 30, 20250.03Dec 29, 20250.04Oct 6, 20250.04Jun 30, 20250.12May 12, 20250.03Mar 31, 2025
20246×
0.03Dec 30, 20240.03Sep 30, 20240.09Aug 26, 20240.03Jul 1, 20240.04May 2, 20240.03Mar 28, 2024
20235×
0.09Dec 22, 20230.03Sep 29, 20230.03Jun 30, 20230.02Apr 28, 20230.02Mar 31, 2023
20224×
0.04Dec 30, 20220.03Dec 23, 20220.04Sep 30, 20220.03Jun 27, 2022

Stock Splits

  • May 19, 202213:10
  • May 3, 20211445:1296
  • Aug 13, 20201519:1459
  • May 2, 2013676:599
  • May 14, 20125:4
  • Apr 30, 201011:10
  • May 14, 20095:4