Cms Energy Corp (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.
Cms Energy Corp (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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 10.38% |
Cms Energy Corp 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_KEY
import 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();