Cms Energy (CMS) FCF Margin (2009 - 2026)
Cms Energy (CMS) reported FCF Margin of -18.86% for Q2 2026, up 6.71 percentage points from -25.57% a year earlier but down 6.63 percentage points from the prior quarter.
Cms Energy (CMS) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cms Energy's FCF Margin came in at -21.67%, down 4.52 percentage points year-over-year; for FY2025, it came in at -18.61%, down 9.99 percentage points from FY2024.
- FCF Margin has a five-year change of -2.48 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -8.62% in FY2024 (+3.57 pp), -12.20% in FY2023 (+5.48 pp), -17.67% in FY2022 (-14.16 pp) and -3.51% in FY2021 (+12.62 pp).
- Five-year quarterly FCF Margin spans a low of -51.48% in Q3 2022 and a high of 18.52% in Q1 2023.
- Year over year, FCF Margin gained in 1 of the last eight quarters, with an average year-over-year change of -8.92 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2024 (a gain of 47.60 percentage points); the low point was Q2 2023 (a drop of 34.73 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -12.23% (Q1 2026), -26.69% (Q4 2025) and -31.42% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 32.94% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | -9.19% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | -18.34% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | -32.70% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | -26.83% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | -10.94% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | -30.63% |
| 10 | Cms Energy | 21.61 Bn | 20.23 Bn | 1.54 Bn | -21.44% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -21.44% |
| Jun 30, 2026 | -18.86% |
| Mar 31, 2026 | -12.23% |
| Dec 31, 2025 | -26.69% |
| Sep 30, 2025 | -31.42% |
| Jun 30, 2025 | -25.57% |
| Mar 31, 2025 | 4.58% |
| Dec 31, 2024 | -25.89% |
| Sep 30, 2024 | -28.80% |
| Jun 30, 2024 | 1.62% |
| Mar 31, 2024 | 15.76% |
| Dec 31, 2023 | -10.41% |
| Sep 30, 2023 | -24.81% |
| Jun 30, 2023 | -45.98% |
| Mar 31, 2023 | 18.52% |
| Dec 31, 2022 | -19.67% |
| Sep 30, 2022 | -51.48% |
| Jun 30, 2022 | -11.25% |
| Mar 31, 2022 | 7.88% |
| Dec 31, 2021 | -14.66% |
Cms Energy FCF 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=fcf-margin&ticker=CMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();