Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C

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Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
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Price: 2.46 USD 2.17% Market Closed
Updated: May 28, 2024

Gross Margin
Companhia Energetica de Minas Gerais CEMIG

17%
Current
19%
Average
33.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
17%
=
Gross Profit
6.1B
/
Revenue
35.8B

Gross Margin Across Competitors

Country BR
Market Cap 7B USD
Gross Margin
17%
Country US
Market Cap 157.4B USD
Gross Margin
0%
Country US
Market Cap 85B USD
Gross Margin
89%
Country ES
Market Cap 76.7B EUR
Gross Margin
43%
Country US
Market Cap 78.9B USD
Gross Margin
68%
Country IT
Market Cap 67.7B EUR
Gross Margin
59%
Country US
Market Cap 72.6B USD
Gross Margin
42%
Country DK
Market Cap 48.8B EUR
Gross Margin
38%
Country FR
Market Cap 46.6B EUR
Gross Margin
36%
Country US
Market Cap 48.3B USD
Gross Margin
85%
Country US
Market Cap 46.9B USD
Gross Margin
67%

Profitability Report

View the profitability report to see the full profitability analysis for Companhia Energetica de Minas Gerais CEMIG.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
17%
=
Gross Profit
6.1B
/
Revenue
35.8B
What is the Gross Margin of Companhia Energetica de Minas Gerais CEMIG?

Based on Companhia Energetica de Minas Gerais CEMIG's most recent financial statements, the company has Gross Margin of 17%.