Companhia de Saneamento de Minas Gerais

São Paulo Stock Exchange CSMG3.SA

Companhia de Saneamento de Minas Gerais Return on Assets (ROA) for the year ending December 31, 2023: 9.72%

Companhia de Saneamento de Minas Gerais Return on Assets (ROA) is 9.72% for the year ending December 31, 2023, a 52.02% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Companhia de Saneamento de Minas Gerais Return on Assets (ROA) for the year ending December 31, 2022 was 6.39%, a 51.31% change year over year.
Companhia de Saneamento de Minas Gerais Return on Assets (ROA) for the year ending December 31, 2021 was 4.23%, a -39.07% change year over year.
Companhia de Saneamento de Minas Gerais Return on Assets (ROA) for the year ending December 31, 2020 was 6.94%, a 5.99% change year over year.
Companhia de Saneamento de Minas Gerais Return on Assets (ROA) for the year ending December 31, 2019 was 6.54%, a 26.39% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

São Paulo Stock Exchange: CSMG3.SA

Companhia de Saneamento de Minas Gerais

CEO	Mr. Guilherme Augusto Duarte de Faria
IPO Date	Feb. 8, 2006
Location	Brazil
Headquarters	Rua Mar de Espanha, 525
Employees	9,542
Sector	Utilities
Industries Pollution Treatment Utility Water

Description

Companhia de Saneamento de Minas Gerais plans, designs, performs, expands, remodels, manages, and provides water supply and sewage treatment services in Brazil and internationally. It operates through Water Services, Sewage Services, and Solid Waste segments. The company offers collection, recycling, treatment, and final disposal of urban, domestic, and industrial waste; and draining and management of rainwater in urban areas in cities of the North of Minas Gerais, as well as the water basins of the Jequitinhonha, Mucuri, São Mateus, Buranhém, Itanhém, and Jucuruçu rivers. As of December 31, 2020, it had 640 concessions to provide water services; and 310 concessions to offer sewage services. The company was formerly known as Companhia Mineira de Água e Esgotos and changed its name to Companhia de Saneamento de Minas Gerais in November 1974. Companhia de Saneamento de Minas Gerais was founded in 1963 and is headquartered in Belo Horizonte, Brazil.

Key trends

Past 5 years