Cemig
CIG
#2227
Rank
$5.74 B
Marketcap
$2.16
Share price
-2.26%
Change (1 day)
-12.20%
Change (1 year)

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
202113.97%-7.3%
202015.07%-14.4%
201917.60%98.14%
20188.88%17.18%
20177.58%287.79%
20161.95%-87.62%
201515.79%-31.11%
201422.92%-17.3%
201327.72%-4.1%
201228.90%36.18%
201121.22%-3.27%
201021.94%27.39%
200917.22%-32.51%
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
12.87%-99.82%๐Ÿ‡บ๐Ÿ‡ธ USA
12.89%-99.84%๐Ÿ‡บ๐Ÿ‡ธ USA
9.93%-99.62%๐Ÿ‡ง๐Ÿ‡ท Brazil
54.20%-99.84%๐Ÿ‡ง๐Ÿ‡ท Brazil
20.81%-99.95%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.