Cemig
CIG
#3019
Rank
โ‚ฌ4.76 B
Marketcap
1,67ย โ‚ฌ
Share price
2.20%
Change (1 day)
-12.03%
Change (1 year)

Operating Margin for Cemig (CIG)

Operating Margin as of November 2026 (TTM): 13.26%

According to Cemig's latest financial reports and stock price the company's current Operating Margin is 13.26%. At the end of 2022 the company had an Operating Margin of 11.95%.

Operating Margin history for Cemig from 2002 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202211.95%-14.4%
202113.97%-7.3%
202015.07%-14.4%
201917.60%98.19%
20188.88%17.15%
20177.58%286.78%
20161.96%-87.67%
201515.90%-30.66%
201422.92%-17.28%
201327.71%-4.11%
201228.90%36.17%
201121.22%-3.26%
201021.94%24.08%
200917.68%-30.71%
200825.52%4.49%
200724.42%75.99%
200613.88%-50.52%
200528.04%-13.02%
200432.24%-2.9%
200333.21%80790.38%
20020.04%-100.32%
2001-12.80%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
Consolidated Edison
ED
16.41% 23.76%๐Ÿ‡บ๐Ÿ‡ธ USA
FirstEnergy
FE
10.68%-19.46%๐Ÿ‡บ๐Ÿ‡ธ USA
Companhia Paranaense de Energia (COPEL)
ELPC
17.12% 29.11%๐Ÿ‡ง๐Ÿ‡ท Brazil
Vale
VALE
12.11%-8.67%๐Ÿ‡ง๐Ÿ‡ท Brazil
Companhia Siderรบrgica Nacional
SID
3.60%-72.85%๐Ÿ‡ง๐Ÿ‡ท Brazil

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.