Companhia Energética de Minas Gerais (CMIG4.SA) Revenue Growth

Price: $10.95
Market Cap: $35.02B
Avg Volume: 14.57M
Country: BR
Industry: Diversified Utilities
Sector: Utilities
Beta: 0.548
52W Range: $9.81-12.56
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 2024 is 8.06%.
  • Companhia Energética de Minas Gerais's quarterly revenue growth as of Q4 2024 is 10.13%.

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: $39.82B
    • Quarterly: $11.18B
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $33.36B
    • Quarterly: $9.61B
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 11.10%
    • Quarterly Growth: 7.31%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $6.46B
    • Quarterly: $1.57B
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: -5.32%
    • Quarterly Growth: 31.24%

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

8.06%

Quarterly Revenue Growth

10.13%

Historical Annual Revenue Growth
33.37%33.37%23.86%23.86%14.36%14.36%4.85%4.85%-4.65%-4.65%-14.15%-14.15%Revenue Growth (Annual)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quarterly Revenue Growth
12.30%12.30%7.57%7.57%2.84%2.84%-1.89%-1.89%-6.61%-6.61%-11.34%-11.34%Revenue Growth (Quarterly)20232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Annual Revenue
$40.00B$40.00B$30.00B$30.00B$20.00B$20.00B$10.00B$10.00B$0.00$0.00Revenue (Annual)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quarterly Revenue
$12.00B$12.00B$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.00Revenue (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Annual Cost of Revenue
$40.00B$40.00B$32.00B$32.00B$24.00B$24.00B$16.00B$16.00B$8.00B$8.00B$0.00$0.00Cost of Revenue (Annual)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quarterly Cost of Revenue
$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00Cost of Revenue (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025
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)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quarterly Gross Profit
$3.20B$3.20B$2.40B$2.40B$1.60B$1.60B$800.00M$800.00M$0.00$0.00Gross Profit (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025

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 2024.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2024 $39.82B 8.06% $33.36B 11.10% $6.46B -5.32%
2023 $36.85B 6.93% $30.03B 8.59% $6.82B 0.19%
2022 $34.46B 2.43% $27.65B 2.70% $6.81B 1.32%
2021 $33.65B 33.37% $26.92B 35.67% $6.72B 24.88%
2020 $25.23B -1.01% $19.84B 1.26% $5.38B -8.58%
2019 $25.49B 14.29% $19.60B 10.87% $5.89B 27.39%
2018 $22.30B 2.71% $17.68B 1.08% $4.62B 9.43%
2017 $21.71B 15.66% $17.49B 21.19% $4.22B -2.74%
2016 $18.77B -14.15% $14.43B -8.57% $4.34B -28.63%
2015 $21.87B 11.60% $15.78B 23.29% $6.08B -10.42%

Related Metrics

Explore detailed financial metrics and analysis for CMIG4.SA.