Energy Co Of Minas Gerais (CIG-C) Tax Rate (2010 - 2021)

Energy Co Of Minas Gerais (CIG-C) reported Tax Rate of 38.09% for Q3 2021, up 652.01% quarter-over-quarter from 5.07% in Q2 2021.

Energy Co Of Minas Gerais (CIG-C) Tax Rate (2010 - 2021) Analysis & Trends

Energy Co Of Minas Gerais (CIG-C) has 12 years of Tax Rate data on file, last reported at 38.09% in Q3 2021.

  • Tax Rate for Q3 2021 came in at 38.09%, changed N/A year-over-year; the trailing twelve-month figure through Sep 2021 was 3.67% (changed N/A YoY), and the FY2025 annual result was 13.6%, down 1033.0% from the prior year.
  • Tax Rate grew to 38.09% in Q3 2021 per CIG-C's latest filing, from 5.07% in the prior quarter.
  • Over five years, Tax Rate peaked at 2744.06% in Q3 2018 and troughed at 22139.44% in Q2 2018.
  • A 5-year average of 2054.11% and a median of 8.43% in 2020 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2017 and 2019: Tax Rate plunged 5337 bps in 2017, then surged 2213940 bps in 2019.
  • A 5-year view of Tax Rate shows it stood at 61.71% in 2017, then soared by 118 bps to 10.91% in 2018, then surged by 166 bps to 29.07% in 2019, then sank by 71 bps to 8.43% in 2020, then jumped by 352 bps to 38.09% in 2021.
  • Business Quant data shows CIG-C's Tax Rate at 38.09% in Q3 2021, 5.07% in Q2 2021, and 22.35% in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 16.62
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 5.15
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn -9.23
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 6.18
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 14.35
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 26.18
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 22.85
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 23.48
10 Energy Co Of Minas Gerais - - - -

Historic Data

Download Data
DateValue
Sep 30, 2021 38.09%
Sep 30, 2021 38.09%
Jun 30, 2021 5.07%
Jun 30, 2021 5.07%
Mar 31, 2021 22.35%
Mar 31, 2021 22.35%
Dec 31, 2020 8.43%
Dec 31, 2020 8.43%
Jun 30, 2020 -0.02%
Jun 30, 2020 -0.02%
Dec 31, 2019 29.07%
Dec 31, 2019 29.07%
Jun 30, 2019 -0.04%
Jun 30, 2019 -0.04%
Dec 31, 2018 10.91%
Dec 31, 2018 10.91%
Sep 30, 2018 2,744.06%
Sep 30, 2018 2,744.06%
Jun 30, 2018 -22,139.44%
Jun 30, 2018 -22,139.44%