Companhia Energética de Minas Gerais - CEMIG Past Earnings Performance
Past criteria checks 5/6
Companhia Energética de Minas Gerais - CEMIG has been growing earnings at an average annual rate of 16.9%, while the Electric Utilities industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 10.4% per year. Companhia Energética de Minas Gerais - CEMIG's return on equity is 22.4%, and it has net margins of 15.7%.
Key information
16.9%
Earnings growth rate
16.9%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 10.4% |
| Return on equity | 22.4% |
| Net Margin | 15.7% |
| Next Earnings Update | 13 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Companhia Energética de Minas Gerais - CEMIG makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 37,877 | 5,962 | 1,062 | 0 |
| 31 Mar 24 | 37,261 | 5,519 | 975 | 0 |
| 31 Dec 23 | 36,850 | 5,764 | 902 | 0 |
| 30 Sep 23 | 36,646 | 5,285 | 925 | 0 |
| 30 Jun 23 | 36,443 | 5,230 | 782 | 0 |
| 31 Mar 23 | 35,262 | 4,035 | 900 | 0 |
| 31 Dec 22 | 34,463 | 4,092 | 938 | 0 |
| 30 Sep 22 | 34,366 | 3,649 | 821 | 0 |
| 30 Jun 22 | 34,668 | 2,888 | 982 | 0 |
| 31 Mar 22 | 34,383 | 4,784 | 736 | 0 |
| 31 Dec 21 | 33,646 | 3,751 | 720 | 0 |
| 30 Sep 21 | 31,254 | 4,061 | 841 | 0 |
| 30 Jun 21 | 28,150 | 4,219 | 617 | 0 |
| 31 Mar 21 | 26,296 | 3,355 | 740 | 0 |
| 31 Dec 20 | 25,228 | 2,864 | 782 | 0 |
| 30 Sep 20 | 24,450 | 2,156 | 716 | 0 |
| 30 Jun 20 | 24,099 | 1,071 | 989 | 0 |
| 31 Mar 20 | 25,616 | 2,104 | 927 | 0 |
| 31 Dec 19 | 25,487 | 2,970 | 936 | 0 |
| 30 Sep 19 | 24,473 | 3,121 | 969 | 0 |
| 30 Jun 19 | 24,654 | 3,857 | 937 | 0 |
| 31 Mar 19 | 23,244 | 1,710 | 1,011 | 0 |
| 31 Dec 18 | 22,266 | 1,378 | 1,004 | 0 |
| 30 Sep 18 | 23,352 | 1,266 | 1,040 | 0 |
| 30 Jun 18 | 22,236 | 952 | 975 | 0 |
| 31 Mar 18 | 21,834 | 1,123 | 1,096 | 0 |
| 31 Dec 17 | 21,712 | 1,001 | 1,077 | 0 |
| 30 Sep 17 | 19,820 | 91 | 1,096 | 0 |
| 30 Jun 17 | 19,579 | 608 | 1,216 | 0 |
| 31 Mar 17 | 19,132 | 672 | 1,123 | 0 |
| 31 Dec 16 | 18,773 | 334 | 1,152 | 0 |
| 30 Sep 16 | 19,666 | 924 | 1,183 | 0 |
| 30 Jun 16 | 19,644 | 657 | 1,132 | 0 |
| 31 Mar 16 | 20,472 | 989 | 1,100 | 0 |
| 31 Dec 15 | 21,868 | 2,469 | 989 | 0 |
| 30 Sep 15 | 22,639 | 3,302 | 950 | 0 |
| 30 Jun 15 | 21,564 | 3,164 | 937 | 0 |
| 31 Mar 15 | 20,679 | 3,371 | 898 | 0 |
| 31 Dec 14 | 19,540 | 3,137 | 901 | 0 |
| 30 Sep 14 | 17,173 | 2,852 | 976 | 0 |
| 30 Jun 14 | 16,922 | 3,612 | 828 | 0 |
| 31 Mar 14 | 15,660 | 3,489 | 901 | 0 |
| 31 Dec 13 | 14,627 | 3,104 | 1,057 | 0 |
| 30 Sep 13 | 14,472 | 4,370 | 954 | 0 |
Quality Earnings: CIDS has high quality earnings.
Growing Profit Margin: CIDS's current net profit margins (15.7%) are higher than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIDS's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: CIDS's earnings growth over the past year (14%) is below its 5-year average (16.9% per year).
Earnings vs Industry: CIDS earnings growth over the past year (14%) exceeded the Electric Utilities industry 3.1%.
Return on Equity
High ROE: CIDS's Return on Equity (22.4%) is considered high.