Cemig
CIG
$2.46
Share price
-0.40%
Change (1 day)
-0.81%
Change (1 year)
Categories
Operating Margin for Cemig (CIG)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 11.95% | -14.4% |
| 2021 | 13.97% | -7.3% |
| 2020 | 15.07% | -14.4% |
| 2019 | 17.60% | 98.19% |
| 2018 | 8.88% | 17.15% |
| 2017 | 7.58% | 286.78% |
| 2016 | 1.96% | -87.67% |
| 2015 | 15.90% | -30.66% |
| 2014 | 22.92% | -17.28% |
| 2013 | 27.71% | -4.11% |
| 2012 | 28.90% | 36.17% |
| 2011 | 21.22% | -3.26% |
| 2010 | 21.94% | 24.08% |
| 2009 | 17.68% | -30.71% |
| 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 | 19.61% | 42.93% | 🇺🇸 USA |
 FirstEnergy FE | 12.06% | -12.10% | 🇺🇸 USA |
 Copel ELP | 0.26% | -98.10% | 🇧🇷 Brazil |
 Vale VALE | 45.12% | 228.86% | 🇧🇷 Brazil |
 Companhia Siderúrgica Nacional
SID | 9.75% | -28.94% | 🇧🇷 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.