Cemig
CIG
$2.16
Share price
-2.26%
Change (1 day)
-12.20%
Change (1 year)
Categories
Operating Margin for Cemig (CIG)
Operating Margin as of January 2023 (TTM): 12.30%
According to Cemig's latest financial reports and stock price the company's current Operating Margin is 12.30%. At the end of 2021 the company had an Operating Margin of 13.97%.
Operating Margin history for Cemig from 2002 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 13.97% | -7.3% |
| 2020 | 15.07% | -14.4% |
| 2019 | 17.60% | 98.14% |
| 2018 | 8.88% | 17.18% |
| 2017 | 7.58% | 287.79% |
| 2016 | 1.95% | -87.62% |
| 2015 | 15.79% | -31.11% |
| 2014 | 22.92% | -17.3% |
| 2013 | 27.72% | -4.1% |
| 2012 | 28.90% | 36.18% |
| 2011 | 21.22% | -3.27% |
| 2010 | 21.94% | 27.39% |
| 2009 | 17.22% | -32.51% |
| 2008 | 25.52% | 4.49% |
| 2007 | 24.42% | 75.99% |
| 2006 | 13.88% | -50.52% |
| 2005 | 28.04% | -13.02% |
| 2004 | 32.24% | -2.9% |
| 2003 | 33.21% | 80790.38% |
| 2002 | 0.04% | -100.32% |
| 2001 | -12.80% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 12.87% | -99.82% | 🇺🇸 USA |
 FirstEnergy FE | 12.89% | -99.84% | 🇺🇸 USA |
 Copel ELP | 9.93% | -99.62% | 🇧🇷 Brazil |
 Vale VALE | 54.20% | -99.84% | 🇧🇷 Brazil |
 Companhia Siderúrgica Nacional
SID | 20.81% | -99.95% | 🇧🇷 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.