Cms Energy (CMS) EBT Margin (2009 - 2026)
Cms Energy's EBT Margin was 7.05% in Q2 2026, down 6.82 percentage points from 13.87% a year earlier and down 6.21 percentage points from the prior quarter.
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Analysis
Cms Energy (CMS) EBT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cms Energy's EBT Margin was 12.78% through Jun 30, 2026, down 2.09 percentage points year-over-year; for FY2025, it came in at 14.62%, down 0.33 percentage points from FY2024.
- EBT Margin shows a five-year change of +2.01 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 14.94% in FY2024 (+2.16 pp), 12.78% in FY2023 (+2.29 pp), 10.49% in FY2022 (-0.74 pp) and 11.23% in FY2021 (-1.38 pp).
- The Q2 2026 figure marks the lowest quarterly EBT Margin since Q4 2021.
- Compared with a year earlier, EBT Margin has declined for three straight quarters, with an average year-over-year change of -0.69 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q4 2023 (a gain of 8.18 percentage points); the worst was Q2 2026 (a drop of 6.82 percentage points).
- Per Business Quant data, CMS's EBT Margin in the three quarters before Q2 2026 was 13.26% (Q1 2026), 13.21% (Q4 2025) and 16.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 62.16% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 19.71% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 17.19% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 19.29% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 16.52% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 28.05% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 16.92% |
| 10 | Cms Energy | 21.61 Bn | 20.23 Bn | 1.54 Bn | -5.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.18% |
| Jun 30, 2026 | 7.05% |
| Mar 31, 2026 | 13.26% |
| Dec 31, 2025 | 13.21% |
| Sep 30, 2025 | 16.82% |
| Jun 30, 2025 | 13.87% |
| Mar 31, 2025 | 14.63% |
| Dec 31, 2024 | 15.38% |
| Sep 30, 2024 | 15.66% |
| Jun 30, 2024 | 13.88% |
| Mar 31, 2024 | 14.75% |
| Dec 31, 2023 | 16.26% |
| Sep 30, 2023 | 11.00% |
| Jun 30, 2023 | 14.79% |
| Mar 31, 2023 | 9.76% |
| Dec 31, 2022 | 8.08% |
| Sep 30, 2022 | 8.99% |
| Jun 30, 2022 | 8.13% |
| Mar 31, 2022 | 16.01% |
| Dec 31, 2021 | 5.85% |
API Access
Cms Energy EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "CMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();