OakChart

Cia Energetica DE Minas Gerais - Cemig ADR

CIGUtilities·Utilities - Regulated Electric·Brazil·Mid·NYSE·Nov 11 • 8:53 AM ET

1.91+0.04 (2.16%)
2026-11-11 14:54 CET
Market cap
3,560.63 USD m
Revenue, TTM
8,279.05 USD m
Net income, TTM
866.91 USD m
Free cash flow, TTM
565.39 USD m
EPS diluted, TTM
0.30
P/E
6.30
Compare

Price

CIG against its 20, 50 and 200-day averages
2050200earnings
1.802.002.202.402.6012.4M24.8MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CIGclose 1.9120-day 2.0150-day 2.12200-day 2.211.91

30.8% under 2.76 on 14 Apr 2026. Last 15 sessions, 30.5% high to low

Profile

CIG
52-week range, 14% of the way up
1.772.76

Companhia Energetica de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.

Employees5320
IPONov 18, 1996
Beta0.82
ATR, 14d0.07
Rel volume0.25
Short float0.07%
Insider own0.00%
Inst own7.77%

Snapshot

6 groups

Valuation

Index-
Market Cap3.64B
Enterprise Value7.44B
Income866.91M
Sales8.28B
Book/sh1.97
Cash/sh0.31
Dividend Est.0.14 (7.53%)
Dividend TTM0.22 (11.41%)
Dividend Ex-DateSep 28, 2026
Dividend Gr. 3/5Y12.62% 20.11%
Payout66.36%
Employees5320
IPONov 18, 1996

Ratios

P/E6.30
Forward P/E8.83
PEG-
P/S0.44
P/B0.97
P/C6.11
P/FCF6.43
EV/EBITDA5.47
EV/Sales0.90
Quick Ratio1.17
Current Ratio1.17
Debt/Eq0.78
LT Debt/Eq0.72
Option/ShortYes / Yes

Earnings

EPS (ttm)0.30
EPS next Y0.22
EPS next Q0.05
EPS this Y-28.94%
EPS next Y-6.95%
EPS next 5Y-1.94%
EPS past 3/5Y3.42% 9.56%
Sales past 3/5Y4.67% 9.37%
EPS Y/Y TTM-24.59%
Sales Y/Y TTM12.93%
EPS Q/Q-10.66%
Sales Q/Q16.01%
EarningsAug 14 BMO
EPS/Sales Surpr.35.65% 17.78%

Ownership

Insider Own0.00%
Insider Trans-
Inst Own7.77%
Inst Trans0.82%
ROA6.85%
ROE15.97%
ROIC8.92%
Gross Margin15.25%
Oper. Margin12.74%
Profit Margin10.47%
SMA20-5.10%
SMA50-9.97%
SMA200-13.37%
Trades-

Technical

Shs Outstand1.90B
Shs Float1.90B
Short Float0.07%
Short Ratio0.27
Short Interest1.42M
52W High2.76 -30.79%
52W Low1.77 7.93%
Volatility2.37% 2.63%
ATR (14)0.07
RSI (14)41.15
Beta0.82
Rel Volume0.25
Avg Volume5.18M
Volume65,982

Performance

Perf Week4.96%
Perf Month-18.36%
Perf Quarter-2.04%
Perf Half Y-15.85%
Perf YTD-4.48%
Perf Year-16.21%
Perf 3Y12.03%
Perf 5Y76.14%
Perf 10Y138.25%
Recom3.64
Target Price2.60
Prev Close1.87
Price1.91
Change %2.16%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Apr 01, 2025DowngradeBBofA SecuritiesNeutral → Underperform
Jan 10, 2025DowngradeHHSBC SecuritiesBuy → Hold
Oct 31, 2024InitiatedBScotiabankSector Perform
Nov 24, 2023DowngradeBBofA SecuritiesBuy → Neutral
Nov 01, 2023UpgradeHHSBC SecuritiesHold → Buy$2.90+51.8%
Sep 20, 2023UpgradeBBofA SecuritiesNeutral → Buy
Nov 14, 2019InitiatedGGoldmanBuy
Apr 10, 2019UpgradeJJP MorganNeutral → Overweight
Jan 16, 2019DowngradeCCitigroupNeutral → Sell
Jan 03, 2019DowngradeGGoldmanNeutral → Sell

Peers

Mkt cap
TickerCompanyMkt cap
ELPCCia Paranaense De Energia Copel ADR8.00B
CEPUCentral Puerto ADR1.51B
ENICEnel Chile SA ADR5.96B
KEPKorea Electric Power Corp ADR14.75B
EDNEmpresa Distribuidora y Comercial Norte SA ADR319.56M
SBSCompanhia de Saneamento Basico do Estado de Sao Paulo ADR17.02B
AESAES Corp10.67B
NGGNational Grid Plc ADR83.61B
NEENextEra Energy Inc180.47B
PAMPampa Energia SA ADR3.43B

Insider trading

1 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Ferreira de Souza Aloisio MacaDirectorApr 06 '26Sale2.491,5503,8606,450May 05 01:14 PM

Held by

AUM
TickerCompanyAUM
AVEMAvantis Emerging Markets Equity ETFAUM: 26.83B
SPEMState Street SPDR Portfolio Emerging Markets ETFAUM: 16.23B
VXUSVanguard Total International Stock ETFAUM: 162.43B
IGFiShares Global Infrastructure ETFAUM: 10.97B
VWOVanguard FTSE Emerging Markets ETFAUM: 119.73B
KOMPState Street SPDR S&P Kensho New Economies Composite ETFAUM: 2.49B
CNRGState Street SPDR S&P Kensho Grid Innovation ETFAUM: 168.95M
VEUVanguard FTSE All-World ex-US ETFAUM: 67.21B
GIIState Street SPDR S&P Global Infrastructure ETFAUM: 972.42M
DFAEDimensional Emerging Core Equity Market ETFAUM: 9.01B

News

latest 14 of 206
  • Cia Energetica DE Minas Gerais - Cemig (CIG) (Q2 2026) Earnings Call Highlights: Robust EBITDA ... (GuruFocus.com)
  • Carel Industries SpA (FRA:CIG) (Q2 2026) Earnings Call Highlights: Record Revenue and Margin ... (GuruFocus.com)
  • Cemig: Q1 Earnings Snapshot (Associated Press)
  • Cemig Files 2025 Form 20-F (PR Newswire)
  • Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2025 Earnings Call Highlights: Record ... (GuruFocus.com)
  • Loading…
  • Carel Industries SpA (FRA:CIG) Q4 2025 Earnings Call Highlights: Strong Organic Growth and ... (GuruFocus.com)
  • Companhia Energetica De Minas Gerais (CIG) Releases its Earnings Report for the Second Quarter of 2025 (Insider Monkey)
  • CEMIG Plans to Invest in Clean Energy Projects Using Its Experience In HydroPower (Insider Monkey)
  • Companhia Energetica de Minas Gerais - CEMIG (CIG) Unveils $6.3B Modernization Plan to Reinvent Brazil's Energy Grid (Insider Monkey)
  • Companhia Energetica de Minas Gerais - CEMIG (CIG)Launches $6.3B Modernization Plan (Insider Monkey)
  • Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now? (Zacks)
  • Are Utilities Stocks Lagging Comp En De Mn Cemig (CIG) This Year? (Zacks)
  • Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock? (Zacks)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q22026-08-140.0640.0470.0652,1351,8131
2026Q12026-05-080.0670.0510.0651,8931,8731
2025Q42026-03-200.1330.0540.1222,1931,8562
2025Q32025-11-140.0600.0670.0512,0131,8591
2025Q22025-08-150.0780.0520.0732,0001,7341
2025Q12025-05-090.0650.0490.0621,7431,6432
2024Q42025-03-210.0830.0620.0601,9531,5852
2024Q32024-11-140.1920.1320.2071,7511,6083
2024Q22024-08-140.1000.1010.1131,7341,6313
2024Q12024-05-140.0710.0660.0811,7651,6432
2023Q42024-03-220.1290.0730.1331,9961,6572
2023Q32023-11-090.0790.0720.0891,7571,7341
2023Q22023-08-030.085-0.0060.0881,6941,7952
2023Q12023-05-040.107-0.0941,745-2
2022Q42023-04-160.0490.0510.0941,7491,8362
2022Q32022-11-110.068-0.0791,637-2

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY0.0930.1040.1275,7006,261
2018FY0.1290.1010.1635,5915,848
2019FY0.1760.2040.2724,6735,582
2020FY0.1970.1400.1944,8044,476
2021FY0.2920.1900.2436,5235,686
2022FY0.2560.2250.2776,5706,303
2023FY0.4350.3360.4036,7296,988
2024FY0.4350.3910.4626,2916,066
2025FY0.3200.2710.3388,1517,326
2026FY-0.233--7,349
2027FY-0.217--6,689
2028FY-0.309--7,055

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q3S2026-10-305111,7461,5362,124
2026Q3S2026-10-284111,7411,5362,124
2026Q3S2026-10-273111,7601,5362,124
2026Q3S2026-10-262111,8731,6222,124
2026Q3S2026-10-222201,9201,6222,218
2026Q3S2026-09-162201,9001,5822,218
2026Q3S2026-09-072101,8541,4902,218
2026Q3S2026-09-041001,4901,4901,490
2026Q3S2026-08-142001,7161,4901,942
2026Q3S2026-08-102001,7161,4901,942
2026Q3S2026-07-242101,7161,4901,942
2026Q3S2026-05-271101,9421,9421,942
2026Q3S2026-05-081101,8821,8821,882
2026Q3S2026-05-041101,8821,8821,882

Estimate history

EPS, annual0.1270.1630.2720.1940.2430.2770.4030.4620.3060.303
Period201720182019202020212022202320242025TTM
EPS, quarterly0.1130.2070.060.0620.0730.0510.1220.0650.065
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Sales, annual6800.6396089.8656460.9774890.8166235.1736672.9997377.5087386.3857652.2758279.05
Period201720182019202020212022202320242025TTM
Sales, quarterly1811.1831830.0841914.5641683.3821903.0811949.0162131.8051990.4882207.736
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Shares, annual1643.041904.0811904.081904.0781904.0791904.081904.081904.081904.081904.08
Period201720182019202020212022202320242025MRQ
Shares, quarterly1903.9341904.081904.081904.081904.081904.081904.081904.081904.08
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue8,279.057,652.287,386.397,377.516,673.006,235.174,890.826,460.986,089.87
Cost of Goods Sold Incl. D&A7,016.816,362.235,963.985,854.175,368.135,008.313,871.265,004.654,854.96
Gross Profit1,262.241,290.051,422.401,523.331,304.871,226.861,019.551,456.331,234.91
Selling, General and Administrative Excl. Other179.81185.42188.62171.47160.00113.66117.37189.31235.89
Other Operating Expense27.7526.54-10.7320.130.0026.8021.01238.0145.74
Operating Income1,054.691,078.081,244.511,331.731,144.861,086.40881.171,029.00953.28
Interest Expense359.80287.35204.80238.50196.80232.43245.18342.05382.04
Unusual Expense6.011.89-27.1933.7783.75-92.26-339.79-252.96-176.89
Net Income Before Taxes930.23979.161,694.221,285.05634.72836.91667.711,126.75569.15
Income Taxes106.01138.11415.11217.095.07175.18181.40405.55163.86
Consolidated Net Income867.27877.011,320.601,154.55792.79695.47555.45752.97376.97
Net Income From Continuing Operations866.91876.611,320.201,154.04792.39695.18555.26752.80376.76
Net Income866.91876.611,320.201,154.04792.39695.18555.26809.60464.98
EPS (Recurring)0.300.310.450.410.300.220.110.210.12
EPS (Basic, Before Extraordinaries)0.300.310.460.400.280.240.190.270.16
EPS (Diluted)0.300.310.460.400.280.240.190.270.16
EBITDA1,360.001,352.561,499.761,586.811,373.751,280.821,072.921,271.911,181.54
Non-Operating Income (Expense)241.36190.31627.31225.59-229.59-109.32-308.08186.84-178.98
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Price To Earnings Ratio6.176.171.442.052.722.493.452.654.43
Price To Sales Ratio0.730.750.690.690.670.660.890.800.85
Gross Margin15.2516.8619.2620.6519.5519.6820.8522.5420.28
Operating Margin12.7414.0916.8518.0517.1617.4218.0215.9315.65
Net Margin10.4711.4617.8715.6411.8711.1511.3512.537.64
Shares Outstanding1,904.081,904.081,904.081,904.081,904.081,904.081,904.081,904.081,904.08
Market Capitalization3,560.633,560.631,464.941,417.991,240.741,142.481,214.431,381.111,441.86

Income statement, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q3
Total Revenue2,207.741,990.492,131.811,949.021,903.081,683.381,914.561,830.08
Cost of Goods Sold Incl. D&A1,832.591,675.481,829.311,679.431,547.401,391.311,586.981,553.12
Gross Profit375.14315.01302.50269.59355.68292.07327.59276.96
Selling, General and Administrative Excl. Other19.1153.0357.2650.4136.0540.7850.5727.39
Other Operating Expense-1.737.985.1816.313.203.560.00-10.43
Operating Income357.77254.00240.05202.87316.43247.73277.02260.00
Interest Expense101.9291.2785.4981.1172.6649.6554.2047.08
Unusual Expense4.95-0.891.360.590.000.00-3.64-2.40
Net Income Before Taxes186.41189.60406.33147.89229.48200.35192.03809.47
Income Taxes17.3913.3166.179.1433.4929.9326.77229.09
Consolidated Net Income187.10186.25347.70146.22209.65177.63170.89591.50
Net Income From Continuing Operations187.01186.17347.59146.14209.54177.54170.81591.40
Net Income187.01186.17347.59146.14209.54177.54170.81591.40
EPS (Recurring)0.070.060.120.050.070.060.060.21
EPS (Basic, Before Extraordinaries)0.070.070.120.050.070.060.060.21
EPS (Diluted)0.070.070.120.050.070.060.060.21
EBITDA438.92330.35318.50272.23381.43309.95339.37322.34
Non-Operating Income (Expense)-64.4925.98253.1326.73-14.292.27-34.43594.16
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio6.177.938.155.151.931.661.442.15
Price To Sales Ratio0.730.860.750.810.760.700.690.79
Gross Margin16.9915.8314.1913.8318.6917.3517.1115.13
Operating Margin16.2112.7611.2610.4116.6314.7214.4714.21
Net Margin8.479.3516.317.5011.0110.558.9232.32
Shares Outstanding1,904.081,904.081,904.081,904.081,904.081,904.081,904.081,904.08
Market Capitalization3,560.634,650.393,819.943,943.691,622.201,456.671,464.941,704.83

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments485.67365.20475.84603.29457.68970.44317.22434.84661.68
Short Term Receivables1,745.141,327.051,658.551,689.551,502.691,561.071,598.751,252.211,548.53
Inventories0.000.000.000.000.000.000.0010.9446.48
Other Current Assets411.61287.83309.00257.51364.43444.15657.615,473.79317.03
Total Current Assets2,642.421,980.072,443.402,550.352,324.802,975.672,573.587,171.792,573.72
Net Property, Plant & Equipment832.16664.03752.24518.67474.84504.26677.89686.73832.75
Total Investments and Advances2,329.611,850.662,388.232,289.102,298.642,591.543,273.383,487.325,055.89
Long-Term Note Receivable2,312.751,745.311,609.481,157.141,062.42865.45906.53496.54266.43
Intangible Assets3,384.652,720.353,139.202,769.422,325.552,273.682,889.722,780.673,363.16
Deferred Tax Assets338.15377.76626.80590.85442.50472.23604.02553.92564.12
Other Assets392.22329.73363.12289.89415.20729.391,635.04266.4177.83
Total Assets12,231.969,667.9011,322.4810,165.419,343.9510,412.2112,560.1515,443.3812,733.89
Short Term Debt Incl. Current Port. of LT Debt573.16478.45557.53191.85274.10405.67703.82567.00839.69
Accounts Payable554.59477.77621.03536.40481.75454.03517.04464.75706.27
Income Tax Payable24.3326.3822.9045.3934.1126.9633.2828.91247.16
Other Current Liabilities1,487.191,307.171,493.881,348.651,128.82978.92725.774,975.22818.28
Total Current Liabilities2,639.262,289.762,695.332,122.291,918.781,865.581,979.916,035.892,611.40
Long Term Debt3,055.211,578.661,555.471,879.101,809.922,529.733,040.883,244.343,625.80
Provision for Risks Charges714.52959.181,500.311,388.811,390.831,623.142,065.581,387.171,471.83
Deferred Tax Liabilities286.40249.81228.95176.57172.76200.22191.43187.94221.49
Other Liabilities320.68158.03266.84472.83557.63828.741,279.44475.46483.29
Total Liabilities7,016.085,235.446,246.896,039.605,849.927,047.428,557.2411,330.808,413.81
Non-Equity Reserves0.000.00382.21351.650.000.000.00479.04559.71
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity5,214.914,431.604,692.153,773.043,493.073,363.884,001.853,282.483,759.11
Total Shareholders Equity5,214.914,431.604,692.153,773.043,493.073,363.884,001.853,282.483,759.11
Accumulated Minority Interest0.970.861.231.120.960.901.06351.061.25
Total Equity5,215.884,432.464,693.383,774.163,494.033,364.784,002.913,633.543,760.37
Total Liabilities & Stockholders Equity12,231.969,667.9011,322.4810,165.419,343.9510,412.2112,560.1515,443.3812,733.89
Book Value Per Share1.821.551.641.321.221.181.401.151.52
Tangible Book Value Per Share0.960.900.820.530.610.570.580.260.24
Full-Time Employees5,3205,0284,9184,9695,0255,2545,5966,0835,864
Price to Book Ratio0.950.430.470.480.490.540.530.660.31
Return on Assets8.0112.5810.748.127.044.875.382.672.44
Return on Equity18.1728.9427.2721.8120.2815.1920.6710.708.76
Return on Invested Capital10.6021.9718.4714.0213.119.4211.507.124.25
Quick Ratio1.000.860.911.201.211.601.301.190.97
Current Ratio1.000.860.911.201.211.601.301.190.99

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income871.67877.011,320.601,154.55792.79695.47555.26752.80376.97
Depreciation307.58274.47255.25255.08228.89194.42191.75242.91232.23
Other Funds (Non Cash)-426.18-428.75-777.08-319.12-339.69-671.64-145.26-798.79-559.27
Funds from Operations713.30758.93935.421,117.75502.30178.64649.88232.4951.55
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-59.34-29.2584.23212.47778.19503.941,019.14283.88224.09
Income Taxes Payable-48.87-38.77-0.00272.68224.42133.69363.15-81.23
Cash from Operating Activities653.96729.681,019.651,330.221,280.48682.591,669.03516.37275.64
Capital Expenditures-157.02-192.92-170.61-252.97-56.64-43.25-33.74-254.02-29.21
Net Assets From Acquisitions-37.080.000.000.000.00-0.000.000.00
Sale of Fixed Assets and Businesses21.8016.5918.710.000.000.035.260.0019.14
Purchase or Sale of Investments470.58144.45572.35351.4038.50630.58-686.2930.27158.95
Purchase of Investments-2,451.00-3,101.26-3,085.22-2,257.14-10.13-10.44-686.29-9.700.00
Sale Or Maturity of Investments2,921.583,245.713,657.562,608.5448.63641.010.0039.97158.95
Other Uses-1,489.78-1,160.75-861.32-892.69-602.66-333.25-269.49-236.03-210.75
Other Sources-56.750.000.000.000.000.000.00158.444.17
Cash from Investing Activities-1,248.26-1,192.63-440.87-794.26-620.79254.11-984.26-301.34-57.71
Cash Dividends Paid-682.89-710.31-796.61-364.98-405.44-262.47-115.96-177.74-139.15
Change in Capital Stock0.000.000.000.000.000.000.000.0029.96
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.0029.96
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.0029.96
Issuance or Reduction of Debt, Net-1,188.46298.15-138.25-122.36-819.70-330.63-103.05-146.88
Net Financing Active Other Cash Flow138.780.000.000.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.000.000.000.00
Cash from Financing Activities670.26463.56-511.87-516.57-540.52-1,095.17-462.85-305.04-256.07
Net Change in Cash75.960.6166.9219.38119.17-158.48221.91-90.00-38.14
Free Cash Flow565.39604.53895.131,114.821,246.91648.761,643.23498.52254.58
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow--51.396.815.3110.652.8616.1444.97
Deferred Taxes & Investment Tax Credit-37.50137.8328.29-178.97-39.0648.8636.870.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Cash & Short Term Investments595.47343.27485.67435.08545.79820.66
Short Term Receivables1,736.261,622.231,745.141,537.791,493.751,446.93
Inventories0.000.000.000.000.000.00
Other Current Assets705.49795.43411.61514.48454.52433.60
Total Current Assets3,037.222,760.932,642.422,487.362,494.062,701.20
Net Property, Plant & Equipment900.75883.20832.16825.42792.69719.80
Total Investments and Advances2,624.352,477.732,329.612,360.322,231.882,042.11
Intangible Assets3,813.233,581.853,384.653,383.703,160.092,983.25
Deferred Tax Assets356.63362.72338.15449.94430.21413.32
Other Assets427.17426.51392.22387.63369.90356.16
Total Assets13,690.4813,055.3312,231.9612,158.4011,618.3511,156.75
Short Term Debt Incl. Current Port. of LT Debt311.95607.26573.16536.27519.12474.16
Accounts Payable607.41606.10554.59619.19564.38520.52
Income Tax Payable12.4917.6724.3336.1029.1822.37
Other Current Liabilities1,669.301,733.121,487.191,603.201,392.541,532.56
Total Current Liabilities2,601.152,964.152,639.262,794.762,505.212,549.61
Long Term Debt4,083.373,224.903,055.212,397.042,355.682,259.87
Provision for Risks Charges770.60734.49714.521,133.801,113.571,047.93
Deferred Tax Liabilities294.34298.92286.40265.74260.46264.04
Other Liabilities302.22299.81320.68171.44165.46160.65
Total Liabilities8,051.687,522.277,016.086,762.776,400.396,282.10
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity5,637.935,531.965,214.915,394.465,216.924,873.63
Total Shareholders Equity5,637.935,531.965,214.915,394.465,216.924,873.63
Accumulated Minority Interest0.871.110.971.161.041.01
Total Equity5,638.805,533.065,215.885,395.625,217.964,874.64
Total Liabilities & Stockholders Equity13,690.4813,055.3312,231.9612,158.4011,618.3511,156.75
Book Value Per Share1.971.931.821.891.821.70
Tangible Book Value Per Share0.961.020.961.061.080.99
Full-Time Employees--5,320---
Price to Book Ratio0.951.341.061.140.500.33
Return on Assets6.857.358.045.9310.5311.17
Return on Equity15.9717.1018.2613.3522.9426.38
Return on Invested Capital1.922.134.201.882.772.49
Quick Ratio1.170.931.000.891.001.06
Current Ratio1.170.931.000.891.001.06

Cash flow, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Net Income190.04186.25343.75151.63209.73176.53
Depreciation82.3076.3578.4470.4865.1761.84
Other Funds (Non Cash)-19.66-155.00-268.9317.40-137.51-41.98
Funds from Operations251.9994.92232.20134.19170.63225.92
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-137.53117.98-107.7667.973.217.17
Income Taxes Payable-18.20-6.01-9.21-15.441.51-15.83
Cash from Operating Activities114.46212.90124.45202.16173.84233.09
Capital Expenditures-10.86-17.73-57.94-70.49-42.56-22.96
Net Assets From Acquisitions-26.34-10.740.000.000.000.00
Sale of Fixed Assets and Businesses0.144.9816.680.000.000.00
Purchase or Sale of Investments-100.3467.5817.89485.43-188.00-170.12
Purchase of Investments-976.94-346.60-1,198.9971.53-1,278.10-712.08
Sale Or Maturity of Investments876.61414.181,216.89413.901,090.10541.96
Other Uses-373.47-354.02-329.84-432.46-128.13-276.46
Other Sources204.330.510.00-261.60261.600.00
Cash from Investing Activities-306.54-309.42-353.20-279.11-97.09-469.54
Cash Dividends Paid-276.810.00-398.30-7.78-307.990.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net484.260.00710.9333.52-18.18468.47
Net Financing Active Other Cash Flow138.780.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities342.77-3.19308.8021.87-329.83465.17
Net Change in Cash150.69-99.7080.05-55.08-253.08228.72
Free Cash Flow108.38202.9380.39173.69137.97215.67
Price to Free Cash Flow---70.08-335.32

Revenue breakdown

Brazil2024: 7.40B 2025: 7.65B
Consolidation, Policy2024: -352.11M 2025: -383.52M
Energy Distribution2024: 4.94B 2025: 5.20B
Energy Generation2024: 542.10M 2025: 550.13M
Energy Trading2024: 1.35B 2025: 1.51B
Energy Transmission2024: 240.13M 2025: 258.96M
Gas2024: 645.73M 2025: 499.13M
Investees2024: 24.33M 2025: 21.48M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.07%1.4M1904.1M5.21M
2026-10-150.11%2.2M1904.1M4.93M
2026-09-300.17%3.3M1904.1M5.14M
2026-09-150.18%3.4M1904.0M5.56M
2026-08-310.28%5.3M1904.0M5.99M
2026-08-140.29%5.5M1904.0M6.26M
2026-07-310.18%3.5M1904.0M6.48M
2026-07-150.12%2.4M1904.0M6.48M
2026-06-300.13%2.4M1904.0M6.56M
2026-06-150.12%2.3M1904.0M6.70M
2026-05-290.18%3.4M1904.0M6.71M
2026-05-150.11%2.2M1904.0M6.37M
2026-04-300.14%2.6M1904.0M6.65M
2026-04-150.15%2.8M1904.0M6.66M
2026-03-310.09%1.8M1904.0M6.08M
2026-03-130.11%2.1M1904.0M5.02M
2026-02-270.13%2.5M1904.0M4.18M
2026-02-130.09%1.7M1904.0M4.00M
2026-01-300.08%1.5M1904.0M3.35M
2026-01-150.09%1.8M1904.0M2.96M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call0.501.002.000.000.0000.000.000.959-0.0080.000
call1.000.451.450.9512.1282.000.000.917-0.0080.000
call1.500.101.050.308.30521.000.000.833-0.0060.001
call2.000.000.100.051.21061.000.000.409-0.0070.001
call2.500.000.050.031.60519.000.000.195-0.0070.001
call5.000.000.550.003.8710.000.000.110-0.0110.001
call7.500.000.850.004.9150.000.000.094-0.0130.001
put0.500.000.050.006.2900.000.00-0.038-0.0080.000
put1.000.000.050.003.4391.000.00-0.081-0.0080.000
put1.500.000.050.001.6310.000.00-0.165-0.0060.001
put2.000.000.250.160.9753.000.00-0.596-0.0070.001
put2.500.050.800.702.9693.000.00-0.805-0.0070.001
put5.002.504.000.0011.4370.000.00-0.888-0.0110.001
put7.505.006.500.0012.6910.000.00-0.904-0.0130.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-12-31SEC
2026-10-163Initial statement of beneficial ownership of securities2026-09-11SEC
2026-09-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-07-163Initial statement of beneficial ownership of securities2026-06-11SEC
2026-07-163Initial statement of beneficial ownership of securities2026-06-11SEC
2026-07-153Initial statement of beneficial ownership of securities2026-06-11SEC
2026-06-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-06-033Initial statement of beneficial ownership of securities2026-05-11SEC
2026-05-203Initial statement of beneficial ownership of securities2026-04-30SEC
2026-05-203Initial statement of beneficial ownership of securities2026-04-30SEC
2026-05-203Initial statement of beneficial ownership of securities2025-05-04SEC
2026-05-054Statement of changes in beneficial ownership of securities2026-04-06SEC
2026-04-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-04-1720-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2025-12-31SEC
2026-04-163Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC
2026-03-243Initial statement of beneficial ownership of securities2025-05-08SEC
2026-03-243Initial statement of beneficial ownership of securities2025-12-19SEC
2026-03-243Initial statement of beneficial ownership of securities2025-10-20SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-243Initial statement of beneficial ownership of securities2024-05-10SEC
2026-03-243Initial statement of beneficial ownership of securities2024-05-10SEC
2026-03-243Initial statement of beneficial ownership of securities2025-02-24SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-243Initial statement of beneficial ownership of securities2024-12-02SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC
2026-03-243Initial statement of beneficial ownership of securities2025-06-26SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-04003.86K1
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.1.20%
STATE STREET CORP0.87%
GOLDMAN SACHS GROUP INC0.63%
VANGUARD CAPITAL MANAGEMENT LLC0.55%
TSP Capital Management Group, LLC0.48%
AMERICAN CENTURY COMPANIES INC0.36%
RENAISSANCE TECHNOLOGIES LLC0.29%
MORGAN STANLEY0.27%
Crossmark Global Holdings, Inc.0.20%
MANGROVE PARTNERS IM, LLC0.14%

Funds

Fund% owned
Avantis Emerging Markets Equity ETF0.38%
State Street(R) SPDR(R) Portfolio Emerging Markets ETF0.37%
iShares Global Infrastructure ETF0.29%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND0.27%
VANGUARD EMERGING MARKETS STOCK INDEX FUND0.23%
State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF0.21%
State Street(R) SPDR(R) S&P Kensho Clean Power ETF0.16%
Steward Global Equity Income Fund0.11%
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND0.05%
State Street(R) SPDR(R) S&P(R) Global Infrastructure ETF0.03%

OakChart. CIG. Cached 15 minutes.