Also trades as: CMIG4.SA (SAO) · $vol 30M · CMIG3.SA (SAO) · $vol 0M · CIG-C (NYSE) · $vol 0M

$1.93

+0.03 (+1.31%)

Weekly Expected Move ±6.5%

$2 $2 $2 $2 $3

NYSE · Utilities · Regulated Electric · Tech Score Sell · Power 38 · $5.5B mcap · 2.37B float · 0.234% daily turnover · Short 66% of daily vol

Credit Risk of going bust: higher than 56% of companies Debt: 43.5% of company value Bonds: none of note held by US funds details ▾

If the stock fell to about $0.10 (down 95%), Companhia EnergÃ©tica de Minas Gerais would be worth roughly what it owes.
Total debt $4.25B against a stock market value of $5.52B.
Distance to default 4.61 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.23B (short-term plus half of long-term), stock volatility 37.3%; Altman Z'' 2.04. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$41.9B +5.3% ▲

5Y CAGR: +10.7%

Gross Profit

$7.1B -9.8% ▼

5Y CAGR: +5.6%

Operating Income

$5.9B -21.2% ▼

5Y CAGR: +4.6%

Net Income

$4.8B -32.5% ▼

5Y CAGR: +10.9%

EPS (Diluted)

$1.70 -31.7% ▼

5Y CAGR: +11.2%

EBITDA

$7.4B -36.9% ▼

5Y CAGR: +3.6%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$33.6B	$34.5B	$36.9B	$39.8B	$41.9B
YoY Growth	+33.4%	+2.4%	+6.9%	+8.1%	+5.3%
Cost of Revenue	$26.9B	$27.7B	$28.5B	$32.0B	$34.8B
Gross Profit	$6.7B	$6.8B	$8.4B	$7.8B	$7.1B
Gross Margin	20.0%	19.8%	22.8%	19.7%	16.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$720M	$1.4B	$1.4B	$1.3B	$1.0B
Operating Expenses	-$228M	$1.1B	$2.2B	$338M	$1.2B
Operating Income	$7.0B	$5.7B	$6.2B	$7.5B	$5.9B
Operating Margin	20.7%	16.5%	16.9%	18.8%	14.1%
Interest Expense	$232M	$197M	$239M	$205M	$1.6B
Income Before Tax	$4.7B	$4.1B	$6.9B	$9.4B	$5.6B
Tax Expense	$946M	$26M	$1.1B	$2.2B	$756M
Net Income	$3.8B	$4.1B	$5.8B	$7.1B	$4.8B
Net Margin	11.1%	11.9%	15.6%	17.9%	11.5%
EPS (Diluted)	$1.31	$1.43	$2.01	$2.49	$1.70
EBITDA	$6.9B	$6.2B	$9.2B	$11.7B	$7.4B
Shares Outstanding	2.86B	2.86B	2.86B	2.86B	2.86B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$10.1B	$12.3B	$9.7B	$10.8B	$10.6B	$2.1B	$10.5B	$11.2B
Cost of Revenue	$7.3B	$10.7B	$8.0B	$9.1B	$9.5B	$1.8B	$9.2B	$9.2B
Gross Profit	$2.8B	$1.6B	$1.7B	$1.7B	$1.1B	$302M	$1.2B	$2.0B
Gross Margin	27.5%	12.7%	17.5%	15.7%	10.2%	14.2%	11.7%	17.5%
R&D Expenses	$0	$0	$0	$11M	$10M	$0	$0	$0
SG&A Expenses	$489M	$125M	$194M	$181M	$256M	$57M	$285M	$53M
Operating Expenses	$1.4B	-$1.1B	$347M	$192M	$266M	$62M	$285M	$53M
Operating Income	$1.4B	$2.6B	$1.4B	$1.5B	$820M	$240M	$942M	$1.9B
Operating Margin	13.6%	21.5%	14.0%	13.9%	7.7%	11.3%	9.0%	17.0%
Interest Expense	$47M	$54M	$50M	$189M	$81M	$85M	$596M	$527M
Income Before Tax	$4.6B	$1.2B	$1.2B	$1.4B	$847M	$414M	$1.0B	$1.0B
Tax Expense	$1.3B	$157M	$175M	$190M	$50M	$66M	$70M	$88M
Net Income	$3.3B	$996M	$1.0B	$1.2B	$796M	$348M	$979M	$945M
Net Margin	32.6%	8.1%	10.7%	11.0%	7.5%	16.3%	9.4%	8.5%
EPS (Diluted)	$1.15	$0.35	$0.36	$0.42	$0.28	$0.66	$0.34	$0.33
EBITDA	$5.8B	$1.0B	$1.8B	$1.9B	$1.4B	$319M	$1.7B	$2.1B
Shares Outstanding	2.86B	2.86B	2.86B	2.86B	2.86B	2.86B	2.86B	2.86B

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