Energy Co Of Minas Gerais (CIG) Tax Rate (2009 - 2026)
Energy Co Of Minas Gerais (CIG) posted quarterly Tax Rate of 12.39% for Q1 2026, up 894.0% year-over-year from 1.25% in Q1 2025, and up 41.91% quarter-over-quarter from 21.33% in Q1 2025.
Energy Co Of Minas Gerais (CIG) Tax Rate (2009 - 2026) Analysis & Trends
Energy Co Of Minas Gerais (CIG) has reported Tax Rate for 17 consecutive years, with 12.39% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 894.0% year-over-year to 12.39%; the TTM figure through Mar 2026 stood at 10.63% (changed 0.0% YoY), while the FY2025 annual figure was 13.6%, down 1033.0% from the prior year.
- Tax Rate climbed to 12.39% in Q1 2026 per CIG's latest filing, from 21.33% in the prior quarter.
- Across five years, Tax Rate topped out at 10.68% in Q4 2023 and bottomed at 21.33% in Q1 2025.
- Historically, Tax Rate has averaged 8.02% across 4 years, with a median of 10.13% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate surged 319 bps — and 2026, when it soared 894 bps.
- Energy Co Of Minas Gerais' Tax Rate stood at 10.68% in 2023, then slumped by 165 bps to 6.94% in 2024, then sank by 207 bps to 21.33% in 2025, then surged by 42 bps to 12.39% in 2026.
- Business Quant data shows CIG's Tax Rate at 12.39% in Q1 2026, 21.33% in Q1 2025, and 6.94% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.13 Bn | 75.31 Bn | - | - |
| 2 | Dominion Energy | 58.82 Bn | 58.03 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 48.01 Bn | 46.00 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 34.86 Bn | 34.81 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 29.60 Bn | 29.58 Bn | - | 14.13% |
| 6 | Fortis | 28.18 Bn | 28.18 Bn | 1.60 Bn | 14.18% |
| 7 | Edison International | 27.61 Bn | 27.37 Bn | 3.29 Bn | 16.89% |
| 8 | Firstenergy | 26.62 Bn | 26.43 Bn | 2.51 Bn | 20.72% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 15.58% |
| 10 | Energy Co Of Minas Gerais | 1.21 Mn | 1.21 Mn | 325.29 Mn | -9.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.39% |
| Mar 31, 2026 | -12.39% |
| Mar 31, 2026 | -12.39% |
| Mar 31, 2025 | -21.33% |
| Mar 31, 2025 | -21.33% |
| Mar 31, 2025 | -21.33% |
| Apr 30, 2024 | -6.94% |
| Apr 30, 2024 | -6.94% |
| Apr 30, 2024 | -6.94% |
| Dec 31, 2023 | 10.68% |
| Dec 31, 2023 | 10.68% |
| Dec 31, 2023 | 10.68% |
| Apr 30, 2023 | -10.13% |
| Apr 30, 2023 | -10.13% |
| Apr 30, 2023 | -10.13% |
| Dec 31, 2021 | 177.73% |
| Dec 31, 2021 | 177.73% |
| Dec 31, 2021 | 177.73% |
| Sep 30, 2021 | 57.06% |
| Sep 30, 2021 | 57.06% |