Companhia Energética de Minas Gerais

São Paulo Stock Exchange CMIG4.SA

Companhia Energética de Minas Gerais EBITDA Margin for the year ending December 31, 2023: 24.11%

Companhia Energética de Minas Gerais EBITDA Margin is 24.11% for the year ending December 31, 2023, a 51.71% change year over year. EBITDA Ratio is the proportion of Earnings Before Interest, Taxes, Depreciation, and Amortization to total revenue, assessing a company's operational profitability before non-operating expenses and non-cash charges.

Companhia Energética de Minas Gerais EBITDA Margin for the year ending December 31, 2022 was 15.89%, a -21.60% change year over year.
Companhia Energética de Minas Gerais EBITDA Margin for the year ending December 31, 2021 was 20.27%, a -10.26% change year over year.
Companhia Energética de Minas Gerais EBITDA Margin for the year ending December 31, 2020 was 22.59%, a -15.07% change year over year.
Companhia Energética de Minas Gerais EBITDA Margin for the year ending December 31, 2019 was 26.59%, a 37.31% change year over year.

Key data

Date	EBITDA Margin	EBIT Margin	Depreciation and Amortization	EBIT

São Paulo Stock Exchange: CMIG4.SA

Companhia Energética de Minas Gerais

CEO	Mr. Reynaldo Passanezi Filho
IPO Date	Jan. 3, 2000
Location	Brazil
Headquarters	Avenida Barbacena, 1200
Employees	4,918
Sector	Utilities
Industries Utilities Coal Electricity Energy Infrastructure & Tools Gas Hydro Energy Renewables Solar Energy

Description

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; 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.

Key trends

Past 5 years