Stocks · Utilities · Electric Services

ENERGY CO OF MINAS GERAIS

CIG Clue Score62
Fiscal year ends December CIK 0001157557
$2.40 +1.69% Close, 9 Oct 2026
Price $2.40 −8.40% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue18.77Net income0.33Fiscal year 2017Revenue21.71 +15.7%Net income1.00 +199.7%Fiscal year 2018Revenue22.27 +2.6%Net income1.70 +69.8%Fiscal year 2019Revenue25.49 +14.5%Net income−3.19 −287.9%Fiscal year 2020Revenue25.23 −1.0%Net income2.86Fiscal year 2021Revenue33.65 +33.4%Net income3.75 +31.0%Fiscal year 2022Revenue34.46 +2.4%Net income4.09 +9.1%Fiscal year 2023Revenue36.85 +6.9%Net income5.76 +40.9%Fiscal year 2024Revenue39.82 +8.1%Net income7.12 +23.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue 18.77 21.71 22.27 25.49 25.23 33.65 34.46 36.85 39.82
Growth +15.7% +2.6% +14.5% −1.0% +33.4% +2.4% +6.9% +8.1%
Net income 0.33 1.00 1.70 −3.19 2.86 3.75 4.09 5.76 7.12
Growth +199.7% +69.8% −287.9% +31.0% +9.1% +40.9% +23.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginNet margin
Fiscal year 2016Gross margin23.1%Net margin1.8%Free cash flow margin5.8%Fiscal year 2017Gross margin19.5%Net margin4.6%Free cash flow margin2.3%Fiscal year 2018Gross margin20.6%Net margin7.6%Free cash flow margin4.2%Fiscal year 2019Gross margin23.1%Net margin−12.5%Free cash flow margin7.7%Fiscal year 2020Gross margin21.3%Net margin11.4%Free cash flow margin33.6%Fiscal year 2021Gross margin20.0%Net margin11.1%Free cash flow margin10.4%Fiscal year 2022Gross margin19.8%Net margin11.9%Free cash flow margin18.5%Fiscal year 2023Gross margin22.8%Net margin15.6%Free cash flow margin15.1%Fiscal year 2024Gross margin20.5%Net margin17.9%Free cash flow margin12.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Gross margin 23.1% 19.5% 20.6% 23.1% 21.3% 20.0% 19.8% 22.8% 20.5%
Net margin 1.8% 4.6% 7.6% −12.5% 11.4% 11.1% 11.9% 15.6% 17.9%
Free cash flow margin 5.8% 2.3% 4.2% 7.7% 33.6% 10.4% 18.5% 15.1% 12.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow1.21Capital expenditure−0.12Free cash flow1.09Fiscal year 2017Operating cash flow0.58Capital expenditure−0.08Free cash flow0.50 −54.5%Fiscal year 2018Operating cash flow1.01Capital expenditure−0.08Free cash flow0.93 +87.3%Fiscal year 2019Operating cash flow2.04Capital expenditure−0.07Free cash flow1.97 +111.2%Dividends paid−0.70Fiscal year 2020Operating cash flow8.61Capital expenditure−0.13Free cash flow8.48 +331.1%Dividends paid0.60Fiscal year 2021Operating cash flow3.69Capital expenditure−0.18Free cash flow3.50 −58.7%Fiscal year 2022Operating cash flow6.54Capital expenditure−0.17Free cash flow6.37 +81.9%Fiscal year 2023Operating cash flow6.65Capital expenditure−1.08Free cash flow5.57 −12.6%Fiscal year 2024Operating cash flow5.50Capital expenditure−0.67Free cash flow4.83 −13.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 1.21 0.58 1.01 2.04 8.61 3.69 6.54 6.65 5.50
Capital expenditure −0.12 −0.08 −0.08 −0.07 −0.13 −0.18 −0.17 −1.08 −0.67
Free cash flow 1.09 0.50 0.93 1.97 8.48 3.50 6.37 5.57 4.83
Growth −54.5% +87.3% +111.2% +331.1% −58.7% +81.9% −12.6% −13.4%
Dividends paid n/a n/a n/a −0.70 0.60 n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.00Total debt10.34Net cash (debt)−9.35Shareholders’ equity12.93Debt to equity0.80Fiscal year 2017Cash1.03Total debt12.03Net cash (debt)−11.00Shareholders’ equity14.33Debt to equity0.84Fiscal year 2018Cash0.89Total debt12.57Net cash (debt)−11.68Shareholders’ equity14.58Debt to equity0.86Fiscal year 2019Cash0.54Total debt12.03Net cash (debt)−11.49Shareholders’ equity15.89Debt to equity0.76Fiscal year 2020Cash1.68Total debt12.96Net cash (debt)−11.28Shareholders’ equity17.47Debt to equity0.74Fiscal year 2021Cash0.83Shareholders’ equity19.46Fiscal year 2022Cash1.44Shareholders’ equity21.78Fiscal year 2023Cash1.54Total debt7.20Net cash (debt)−5.66Shareholders’ equity24.65Debt to equity0.29Fiscal year 2024Cash1.90Total debt9.40Net cash (debt)−7.51Shareholders’ equity27.38Debt to equity0.34
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 1.00 1.03 0.89 0.54 1.68 0.83 1.44 1.54 1.90
Total debt 10.34 12.03 12.57 12.03 12.96 n/a n/a 7.20 9.40
Net cash (debt) −9.35 −11.00 −11.68 −11.49 −11.28 n/a n/a −5.66 −7.51
Shareholders’ equity 12.93 14.33 14.58 15.89 17.47 19.46 21.78 24.65 27.38
Debt to equity 0.80 0.84 0.86 0.76 0.74 n/a n/a 0.29 0.34

In billions of BRL, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Cash flow

In billions of BRL, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Operations
1.21 0.58 1.01 2.04 8.61 3.69 6.54 6.65 5.50
Growth −52.2% +73.8% +102.0% +322.7% −57.2% +77.6% +1.6% −17.3%
0.80 0.79 0.76 0.82 0.87 0.95 1.18 1.27 1.38
Investment
−0.12 −0.08 −0.08 −0.07 −0.13 −0.18 −0.17 −1.08 −0.67
calc 1.09 0.50 0.93 1.97 8.48 3.50 6.37 5.57 4.83
Growth −54.5% +87.3% +111.2% +331.1% −58.7% +81.9% −12.6% −13.4%
−0.61 −0.39 −0.21 −1.19 −5.08 −1.37 −3.14 −3.97 −2.38
Financing
−0.53 −0.16 −0.94 −1.20 −2.39 −5.91 −2.79 −2.58 −2.76
n/a n/a n/a −0.70 0.60 n/a n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative. Shown in BRL as filed; the screener converts to dollars.