Energy Co Of Minas Gerais (CIG) Tax Rate (2010 - 2021)
Energy Co Of Minas Gerais (CIG) 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) Tax Rate (2010 - 2021) Analysis & Trends
Energy Co Of Minas Gerais (CIG) 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'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'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 | 5.44 Bn | 4.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |