Energy Co Of Minas Gerais (CIG) Tax Provisions (2009 - 2026)
Energy Co Of Minas Gerais (CIG) posted quarterly Tax Provisions of -$24.7 million for Q1 2026, up 44.12% year-over-year from -$17.1 million in Q1 2025, and down 127.33% quarter-over-quarter from $90.4 million in Q2 2025.
Energy Co Of Minas Gerais (CIG) Tax Provisions (2009 - 2026) Analysis & Trends
Energy Co Of Minas Gerais (CIG) has reported Tax Provisions for 17 consecutive years, with -$24.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 44.12% year-over-year to -$24.7 million; the TTM figure through Mar 2026 stood at $43.1 billion (changed 0.02% YoY), while the FY2025 annual figure was $143.0 million, down 62.88% from the prior year.
- Tax Provisions fell to -$24.7 million in Q1 2026 per CIG's latest filing, from $90.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $43.2 billion in Q4 2023 and bottomed at -$44.2 million in Q1 2025.
- Historically, Tax Provisions has averaged $6.2 billion across 4 years, with a median of -$24.7 million in 2026.
- Annual changes were most pronounced in 2024 — Tax Provisions plunged 99.77% — and 2026, when it surged 44.12%.
- Energy Co Of Minas Gerais' Tax Provisions stood at $43.2 billion in 2023, then slumped by 99.77% to $100.2 million in 2024, then decreased by 9.81% to $90.4 million in 2025, then plunged by 127.33% to -$24.7 million in 2026.
- Business Quant data shows CIG's Tax Provisions at -$24.7 million in Q1 2026, $90.4 million in Q2 2025, and -$44.2 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.96 Bn | 75.15 Bn | - | - |
| 2 | Dominion Energy | 58.68 Bn | 57.89 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 47.81 Bn | 45.80 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 34.71 Bn | 34.66 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 29.46 Bn | 29.45 Bn | - | 52.00 Mn |
| 6 | Fortis | 28.05 Bn | 28.05 Bn | 1.60 Bn | 54.94 Mn |
| 7 | Edison International | 27.59 Bn | 27.34 Bn | 3.29 Bn | 114.00 Mn |
| 8 | Firstenergy | 26.66 Bn | 26.47 Bn | 2.51 Bn | 92.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 49.88 Mn |
| 10 | Energy Co Of Minas Gerais | 1.20 Mn | 1.20 Mn | 325.29 Mn | -24.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.70 Mn |
| Jun 30, 2025 | 90.38 Mn |
| Mar 31, 2025 | -44.20 Mn |
| Dec 31, 2024 | 100.21 Mn |
| Apr 30, 2024 | -29.77 Mn |
| Dec 31, 2023 | 43.21 Bn |
| Apr 30, 2023 | -31.89 Mn |
| Dec 31, 2021 | 337.49 Mn |
| Sep 30, 2021 | 54.90 Mn |
| Jun 30, 2021 | -113.34 Mn |
| Mar 31, 2021 | -48.31 Mn |
| Dec 31, 2020 | -21.59 Mn |
| Sep 30, 2020 | -32.16 Mn |
| Jun 30, 2020 | -37.18 Mn |
| Mar 31, 2020 | -44.33 Mn |
| Dec 31, 2019 | -35.41 Mn |
| Jun 30, 2019 | -248.52 Mn |
| Mar 31, 2019 | -81.01 Mn |
| Dec 31, 2018 | -53.60 Mn |
| Sep 30, 2018 | 24.27 Mn |