Energy Co Of Minas Gerais (CIG) Tax Provisions (2009 - 2026)
Energy Co Of Minas Gerais' (CIG) quarterly Tax Provisions came in at -$24.7 million in Q1 2026, up 44.12% year-on-year from -$17.1 million in Q1 2025, and down 105.96% on a QoQ basis from $414.8 million in Q2 2025.
Energy Co Of Minas Gerais (CIG) Tax Provisions (2009 - 2026) Analysis & Trends
Energy Co Of Minas Gerais (CIG) has 17 years of Tax Provisions data on file, last reported at -$24.7 million in Q1 2026.
- On a quarterly basis, Tax Provisions rose 44.12% year-over-year to -$24.7 million in Q1 2026; TTM through Mar 2026 was $43.1 billion, a 0.04% change from a year earlier, with the FY2025 full-year figure at $143.0 million, down 64.39% from the prior year.
- Tax Provisions for Q1 2026 stood at -$24.7 million, down from $414.8 million in the prior quarter.
- Over the last five years, Tax Provisions for CIG reached as high as $43.2 billion in Q4 2023 and fell as low as -$62.4 million in Q2 2024.
- Historically, Tax Provisions has averaged $6.3 billion across 4 years, with a median of -$24.7 million in 2026.
- Across the five-year window, Tax Provisions plunged 99.07% in 2024 and soared 44.12% in 2026, its largest moves.
- Year by year, Tax Provisions stood at $43.2 billion in 2023, then sank by 99.07% to $401.6 million in 2024, then gained by 3.28% to $414.8 million in 2025, then plunged by 105.96% to -$24.7 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$24.7 million in Q1 2026, $414.8 million in Q2 2025, and -$44.2 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 81.67 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 175.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -47.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 53.10 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 60.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 682.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 138.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 29.90 Mn |
| 10 | Energy Co Of Minas Gerais | 1.36 Mn | 1.36 Mn | 325.29 Mn | -24.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.70 Mn |
| Jun 30, 2025 | 414.75 Mn |
| Mar 31, 2025 | -44.20 Mn |
| Dec 31, 2024 | 401.57 Mn |
| Apr 30, 2024 | -62.42 Mn |
| Dec 31, 2023 | 43.21 Bn |
| Apr 30, 2023 | -40.21 Mn |
| Dec 31, 2021 | 337.49 Mn |
| Sep 30, 2021 | 466.84 Mn |
| Jun 30, 2021 | 186.77 Mn |
| Mar 31, 2021 | 145.17 Mn |
| Dec 31, 2020 | -21.59 Mn |
| Sep 30, 2020 | -32.16 Mn |
| Jun 30, 2020 | 474.58 Mn |
| Mar 31, 2020 | 69.33 Mn |
| Dec 31, 2019 | 44.43 Mn |
| Jun 30, 2019 | -248.52 Mn |
| Mar 31, 2019 | -81.01 Mn |
| Dec 31, 2018 | -53.60 Mn |
| Sep 30, 2018 | 165.60 Mn |