Cms Energy (CMS-PC) Gross Margin (2009 - 2026)
Cms Energy posted quarterly Gross Margin of 83.59% for Q1 2026, down 754.0% year-on-year from 12.78% in Q1 2025, and up 184.69% on a QoQ basis from 98.7% in Q4 2025.
Cms Energy (CMS-PC) has 18 years of Gross Margin data on file, last reported at 83.59% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 754.0% year-over-year to 83.59%; the trailing twelve-month figure through Mar 2026 stood at 80.95% (down 1025.0% YoY), and the FY2025 full-year result was 92.31%, up 61.0% from the prior year.
- Gross Margin for Q1 2026 stood at 83.59%, up from 98.7% in the prior quarter.
- Across five years, Gross Margin topped out at 94.0% in Q1 2023 and bottomed at 800.0% in Q3 2025.
- The 5-year median for Gross Margin is 87.45% (2022), against an average of 22.99%.
- The widest annual swing landed in 2023, when Gross Margin jumped 3386 bps; it then tumbled 88973 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 58.34% in 2022, then soared by 58 bps to 92.21% in 2023, then retreated by 1 bps to 91.2% in 2024, then sank by 208 bps to 98.7% in 2025, then soared by 185 bps to 83.59% in 2026.
- The last three Gross Margin figures came in at 83.59% (Q1 2026), 98.7% (Q4 2025), and 800.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 68.53% |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 93.74% |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 80.37% |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 83.21% |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 82.28% |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 77.44% |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 73.91% |
| 10 | Cms Energy | - | - | 2.28 Bn | 83.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.59% |
| Dec 31, 2025 | -98.70% |
| Sep 30, 2025 | -800.00% |
| Jun 30, 2025 | 92.71% |
| Mar 31, 2025 | 91.13% |
| Dec 31, 2024 | 91.20% |
| Sep 30, 2024 | 89.73% |
| Jun 30, 2024 | 92.91% |
| Mar 31, 2024 | 81.53% |
| Dec 31, 2023 | 92.21% |
| Sep 30, 2023 | 90.32% |
| Jun 30, 2023 | 73.89% |
| Mar 31, 2023 | 94.00% |
| Dec 31, 2022 | 58.34% |
| Sep 30, 2022 | 84.58% |
| Jun 30, 2022 | 87.45% |
| Mar 31, 2022 | 85.93% |
| Dec 31, 2021 | 73.73% |
| Sep 30, 2021 | 76.23% |
| Jun 30, 2021 | 92.55% |
| Mar 31, 2021 | 84.55% |
| Dec 31, 2020 | 94.15% |
| Sep 30, 2020 | 92.83% |
| Jun 30, 2020 | 95.44% |
| Mar 31, 2020 | 94.28% |
| Dec 31, 2019 | 46.24% |
| Sep 30, 2019 | 91.59% |
| Jun 30, 2019 | 76.26% |
| Mar 31, 2019 | 82.81% |
| Dec 31, 2018 | 92.84% |
| Sep 30, 2018 | 90.62% |
| Jun 30, 2018 | 78.15% |
| Mar 31, 2018 | 93.24% |
| Dec 31, 2017 | 81.61% |
| Sep 30, 2017 | 80.09% |
| Jun 30, 2017 | 91.37% |
| Mar 31, 2017 | 84.14% |
| Dec 31, 2016 | 78.17% |
| Sep 30, 2016 | 81.03% |
| Jun 30, 2016 | 92.92% |
| Mar 31, 2016 | 93.06% |
| Dec 31, 2015 | 78.99% |
| Sep 30, 2015 | 79.07% |
| Jun 30, 2015 | 76.89% |
| Mar 31, 2015 | 92.09% |
| Dec 31, 2014 | 92.09% |
| Sep 30, 2014 | 76.99% |
| Jun 30, 2014 | 89.51% |
| Mar 31, 2014 | 91.32% |
| Dec 31, 2013 | 91.07% |
| Sep 30, 2013 | 80.35% |
| Jun 30, 2013 | 89.54% |
| Mar 31, 2013 | 85.75% |
| Dec 31, 2012 | 78.92% |
| Sep 30, 2012 | 87.39% |
| Jun 30, 2012 | 78.84% |
| Mar 31, 2012 | 92.54% |
| Dec 31, 2011 | 77.22% |
| Sep 30, 2011 | 79.44% |
| Jun 30, 2011 | 78.89% |
| Mar 31, 2011 | 86.42% |
| Dec 31, 2010 | 78.48% |
| Sep 30, 2010 | 81.08% |
| Jun 30, 2010 | 88.73% |
| Mar 31, 2010 | 92.98% |
| Dec 31, 2009 | 90.82% |
| Sep 30, 2009 | 77.99% |
| Jun 30, 2009 | 75.02% |