Companhia Energética de Minas Gerais
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Companhia Energética de Minas Gerais's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $36,850,000,000. The net income raised on $5,764,000,000 and profit margin reached 16%. Total operating expenses were $939,392,000.

Profit Margin

Companhia Energética de Minas Gerais (NYSE:CIG): Profit margin
2014 19.54B 3.13B 16.05%
2015 21.29B 503K 0%
2016 18.77B 334.33M 1.78%
2017 21.71B 1.00B 4.61%
2018 22.26B 1.70B 7.64%
2019 25.39B 3.12B 12.32%
2020 25.22B 2.86B 11.35%
2021 33.64B 3.75B 11.15%
2022 34.46B 4.09B 11.87%
2023 36.85B 5.76B 15.64%

CIG Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
36.85B34.46B33.64B25.22B25.39B22.26B21.71B18.77B21.29B19.54B
Cost of revenue
30.02B27.65B26.92B19.84B19.59B19.01B18.43B15.90B18.31B12.80B
Gross profit
6.82B6.81B6.72B5.38B5.79B3.24B3.27B2.86B2.97B6.73B
Operating exp.
Research and development
034.55M34.20M42.77M40.66M38.24M37.76M47.85M47.20M48.50M
Selling and marketing
194.52M0144M147M238M264M248M382M175M128M
Total operating expenses
939.39M1.85B1.09B1.08B2.88B471.60M382.94M1.56B2.61B1.68B
Operating income
5.88B5.68B5.95B4.93B4.85B2.49B2.64B1.80B4.11B5.58B
Other income (expenses), net
966.92M-1.56B-1.25B-1.13B-387M-518.48M-743.90M-1.06B-1.34B-1.10B
Income before tax
6.85B4.12B4.69B3.80B4.46B1.97B1.64B367.92M3.38B4.47B
Income tax expense
1.08B26M946M936M1.56B599.12M644.26M33.17M892.58M1.34B
Net income
5.76B4.09B3.75B2.86B3.12B1.70B1.00B334.33M503K3.13B
Earnings per share
Basic EPS
2.011.861.71.31.390.770.250.171.31.65
Diluted EPS
2.011.861.71.31.390.770.250.171.31.65
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