Cemig
CIG
#2413
Rank
$5.77 B
Marketcap
$1.82
Share price
-1.62%
Change (1 day)
-28.06%
Change (1 year)

Operating Margin for Cemig (CIG)

Operating Margin as of June 2024 (TTM): 13.72%

According to Cemig's latest financial reports and stock price the company's current Operating Margin is 13.72%. 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
19.61% 42.93%๐Ÿ‡บ๐Ÿ‡ธ USA
12.06%-12.10%๐Ÿ‡บ๐Ÿ‡ธ USA
0.26%-98.10%๐Ÿ‡ง๐Ÿ‡ท Brazil
45.12% 228.86%๐Ÿ‡ง๐Ÿ‡ท Brazil
9.75%-28.94%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.