Companhia Energética de Minas Gerais (CIG-C) Revenue Growth

Price: $2.4775
Market Cap: $5.74B
Avg Volume: 4.30K
Country: BR
Industry: Diversified Utilities
Sector: Utilities
Beta: 1.3475207
52W Range: $2.13-2.8099
Website: Companhia Energética de Minas Gerais

What is Companhia Energética de Minas Gerais's Revenue Growth?

  • Companhia Energética de Minas Gerais's annual revenue growth as of FY 2023 is 6.93%.
  • Companhia Energética de Minas Gerais's quarterly revenue growth as of Q3 2024 is 107455.05%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Companhia Energética de Minas Gerais's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $36.85B
    • Quarterly: $10.15T
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $30.03B
    • Quarterly: $7.78T
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 8.59%
    • Quarterly Growth: 123860.32%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $6.82B
    • Quarterly: $2.36T
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 0.17%
    • Quarterly Growth: 74815.18%

These metrics provide insights into Companhia Energética de Minas Gerais's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

6.93%

Quarterly Revenue Growth

107455.05%

Historical Annual Revenue Growth
33.57%33.57%24.49%24.49%15.41%15.41%6.33%6.33%-2.75%-2.75%-11.83%-11.83%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
120000.00%120000.00%90000.00%90000.00%60000.00%60000.00%30000.00%30000.00%0.00%0.00%-30000.00%-30000.00%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$45.00B$45.00B$36.00B$36.00B$27.00B$27.00B$18.00B$18.00B$9.00B$9.00B$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$12.00T$12.00T$9.00T$9.00T$6.00T$6.00T$3.00T$3.00T$0.00$0.00Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$32.00B$32.00B$24.00B$24.00B$16.00B$16.00B$8.00B$8.00B$0.00$0.00Cost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$8.00T$8.00T$6.00T$6.00T$4.00T$4.00T$2.00T$2.00T$0.00$0.00Cost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$2.40T$2.40T$1.80T$1.80T$1.20T$1.20T$600.00B$600.00B$0.00$0.00Gross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

Companhia Energética de Minas Gerais Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $36.85B 6.93% $30.03B 8.59% $6.82B 0.17%
2022 $34.46B 2.43% $27.65B 2.70% $6.81B 1.32%
2021 $33.65B 33.37% $26.92B 35.67% $6.72B 24.89%
2020 $25.23B -0.64% $19.84B 1.26% $5.38B -7.06%
2019 $25.39B 14.03% $19.60B 3.06% $5.79B 78.25%
2018 $22.27B 2.55% $19.02B 3.16% $3.25B -0.86%
2017 $21.71B 15.66% $18.43B 15.92% $3.28B 14.22%
2016 $18.77B -11.83% $15.90B -13.18% $2.87B -3.52%
2015 $21.29B 8.97% $18.32B 43.09% $2.97B -55.86%
2014 $19.54B 33.57% $12.80B 13.98% $6.74B 98.35%

Related Metrics

Explore detailed financial metrics and analysis for CIG-C.