Growth Metrics

Cms Energy (CMS-PC) Equity Ratio (2009 - 2026)

Cms Energy posted quarterly Equity Ratio of 0.23 for Q1 2026, down 4.42% year-on-year from 0.25 in Q1 2025, and up 5.21% on a QoQ basis from 0.22 in Q4 2025.

Cms Energy (CMS-PC) has 18 years of Equity Ratio data on file, last reported at 0.23 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 4.42% year-over-year to 0.23; the trailing twelve-month figure through Mar 2026 stood at 0.23 (down 4.42% YoY), and the FY2025 full-year result was 0.22, down 8.3% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.23, up from 0.22 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.26 in Q1 2022 and bottomed at 0.22 in Q4 2025.
  • The 5-year median for Equity Ratio is 0.24 (2023), against an average of 0.24.
  • The widest annual swing landed in 2022, when Equity Ratio grew 21.52%; it then dropped 8.3% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.24 in 2022, then grew by 0.07% to 0.24 in 2023, then grew by 0.46% to 0.24 in 2024, then dropped by 8.3% to 0.22 in 2025, then advanced by 5.21% to 0.23 in 2026.
  • The last three Equity Ratio figures came in at 0.23 (Q1 2026), 0.22 (Q4 2025), and 0.25 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Fortis 655.52 Bn 655.26 Bn 1.70 Bn -
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 58.83 Bn 63.03 Bn 4.03 Bn 0.28
4 Xcel Energy 49.61 Bn 47.71 Bn 3.35 Bn 0.28
5 Wec Energy 36.16 Bn 36.52 Bn 2.83 Bn 0.27
6 Ameren 29.85 Bn 29.97 Bn 1.69 Bn 0.27
7 Korea Electric Power 29.21 Bn 14.45 Bn - 0.19
8 Energy Co Of Parana 27.11 Bn 26.46 Bn - 0.38
9 Edison International 26.93 Bn 26.77 Bn 3.85 Bn 0.20
10 Cms Energy - - 2.28 Bn 0.23

Historic Data

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DateValue
Mar 31, 2026 0.23
Dec 31, 2025 0.22
Sep 30, 2025 0.25
Jun 30, 2025 0.24
Mar 31, 2025 0.25
Dec 31, 2024 0.24
Sep 30, 2024 0.25
Jun 30, 2024 0.25
Mar 31, 2024 0.25
Dec 31, 2023 0.24
Sep 30, 2023 0.24
Jun 30, 2023 0.24
Mar 31, 2023 0.24
Dec 31, 2022 0.24
Sep 30, 2022 0.25
Jun 30, 2022 0.26
Mar 31, 2022 0.26
Dec 31, 2021 0.25
Sep 30, 2021 0.22
Jun 30, 2021 0.21
Mar 31, 2021 0.21
Dec 31, 2020 0.20
Sep 30, 2020 0.20
Jun 30, 2020 0.18
Mar 31, 2020 0.19
Dec 31, 2019 0.19
Sep 30, 2019 0.19
Jun 30, 2019 0.19
Mar 31, 2019 0.20
Dec 31, 2018 0.20
Sep 30, 2018 0.20
Jun 30, 2018 0.20
Mar 31, 2018 0.20
Dec 31, 2017 0.19
Sep 30, 2017 0.21
Jun 30, 2017 0.21
Mar 31, 2017 0.20
Dec 31, 2016 0.20
Sep 30, 2016 0.21
Jun 30, 2016 0.20
Mar 31, 2016 0.21
Dec 31, 2015 0.20
Sep 30, 2015 0.20
Jun 30, 2015 0.20
Mar 31, 2015 0.20
Dec 31, 2014 0.19
Sep 30, 2014 0.20
Jun 30, 2014 0.21
Mar 31, 2014 0.20
Dec 31, 2013 0.20
Sep 30, 2013 0.20
Jun 30, 2013 0.19
Mar 31, 2013 0.19
Dec 31, 2012 0.19
Sep 30, 2012 0.20
Jun 30, 2012 0.19
Mar 31, 2012 0.19
Dec 31, 2011 0.19
Sep 30, 2011 0.19
Jun 30, 2011 0.19
Mar 31, 2011 0.19
Dec 31, 2010 0.18
Sep 30, 2010 0.18
Dec 31, 2009 0.19