Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Pre-Tax Income

: $1,271 Mil (TTM As of Sep. 2023)

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Pretax income is the income that a company earns before paying income taxes. Cia Energetica DE Minas Gerais - Cemig's pretax income for the three months ended in Sep. 2023 was $300 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $1,271 Mil. Cia Energetica DE Minas Gerais - Cemig's pretax margin was 15.70%.

During the past 13 years, Cia Energetica DE Minas Gerais - Cemig's highest Pretax Margin was 27.72%. The lowest was 1.95%. And the median was 14.52%.

Cia Energetica DE Minas Gerais - Cemig Pre-Tax Income Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Pre-Tax Income 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 517.85 [6] => 1,113.41 [7] => 738.82 [8] => 830.96 [9] => 785.45 )

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pre-Tax Income

517.85

1,113.41

738.82

830.96

785.45

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
Pre-Tax Income																265.51	302.36	336.56	332.84	299.60

Competitive Comparison

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution

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

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

Cia Energetica DE Minas Gerais - Cemig Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Cia Energetica DE Minas Gerais - Cemig's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	945.972	+	213.52	+	-470.889	+	135.738	+	-38.891
	=	785

Cia Energetica DE Minas Gerais - Cemig's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	319.475	+	39.83	+	-57.1	+	0	+	-2.603
	=	300

Pre-Tax Income 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 $1,271 Mil.

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) Pre-Tax Income Explanation

Cia Energetica DE Minas Gerais - Cemig's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	299.602	/	1908.727
	=	15.70%

During the past 13 years, Cia Energetica DE Minas Gerais - Cemig's highest Pretax Margin was 27.72%. The lowest was 1.95%. And the median was 14.52%.

Cia Energetica DE Minas Gerais - Cemig Pre-Tax Income 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 » Pre-Tax Income

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.