Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Revenue : $7,136 Mil (TTM As of Sep. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Revenue?

Cia Energetica DE Minas Gerais - Cemig's revenue for the three months ended in Sep. 2023 was $1,909 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $7,136 Mil. Cia Energetica DE Minas Gerais - Cemig's Revenue per Share for the three months ended in Sep. 2023 was $0.87. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $3.25.

During the past 12 months, the average Revenue per Share Growth Rate of Cia Energetica DE Minas Gerais - Cemig was 6.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Cia Energetica DE Minas Gerais - Cemig's highest 3-Year average Revenue per Share Growth Rate was 63.90% per year. The lowest was -19.30% per year. And the median was 9.65% per year.

Cia Energetica DE Minas Gerais - Cemig Revenue Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cia Energetica DE Minas Gerais - Cemig Revenue Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

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Revenue

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5,742.13

6,209.28

4,903.69

5,949.88

6,570.14

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Revenue	Get a 7-Day Free Trial															1,758.97	1,749.89	1,660.14	1,817.07	1,908.73

Competitive Comparison of Cia Energetica DE Minas Gerais - Cemig's Revenue

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cia Energetica DE Minas Gerais - Cemig's Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Revenue distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Revenue falls into.

Cia Energetica DE Minas Gerais - Cemig Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,136 Mil.

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

Cia Energetica DE Minas Gerais - Cemig Revenue Related Terms

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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » Revenue

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.