Cms Energy CMS
NYSE CMS
$69.83 -0.79 (-1.12%)
At close: Aug 20, 2026 · 4:00 PM EDT

Cms Energy (CMS) Gross Margin (2009 - 2026)

Cms Energy (CMS) posted quarterly Gross Margin of 80.0% for Q2 2026, up 160.0% year-over-year from 30.77% in Q2 2025, and down 4.3% quarter-over-quarter from 83.59% in Q1 2026.

Cms Energy (CMS) Gross Margin (2009 - 2026) Analysis & Trends

Cms Energy's Gross Margin history runs 18 years deep, the most recent figure standing at 80.0% for Q2 2026.

  • In Q2 2026, Gross Margin rose 160.0% year-over-year to 80.0%; the TTM figure through Jun 2026 stood at 75.66% (down 396.0% YoY), while the FY2025 annual figure was 79.78%, up 157.0% from the prior year.
  • Gross Margin for Q2 2026 stood at 80.0%, down from 83.59% in the prior quarter.
  • The five-year high for Gross Margin was 85.93% in Q1 2022, with the low at 561.04% in Q4 2025.
  • The 5-year median for Gross Margin is 79.37% (2023), against an average of 43.61%.
  • Peak annual rise in Gross Margin reached 354 bps in 2025, while the deepest fall reached 63992 bps in 2025.
  • Cms Energy's Gross Margin stood at 76.73% in 2022, then advanced by 3 bps to 79.33% in 2023, then fell by 1 bps to 78.88% in 2024, then slumped by 811 bps to 561.04% in 2025, then soared by 114 bps to 80.0% in 2026.
  • Business Quant data shows CMS's Gross Margin at 80.0% in Q2 2026, 83.59% in Q1 2026, and 561.04% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 National Grid 79.78 Bn 75.97 Bn - -
2 Dominion Energy 59.31 Bn 58.52 Bn 3.50 Bn 78.04%
3 Xcel Energy 49.23 Bn 47.22 Bn 3.12 Bn 99.94%
4 Wec Energy 35.31 Bn 35.26 Bn 1.45 Bn 70.07%
5 Ameren 30.14 Bn 30.13 Bn - -
6 Edison International 28.79 Bn 28.54 Bn 3.29 Bn 75.42%
7 Fortis 28.70 Bn 28.70 Bn 1.60 Bn 75.47%
8 Firstenergy 27.31 Bn 27.12 Bn 2.51 Bn 68.33%
9 Hydro One 24.05 Bn 23.66 Bn - -
10 Cms Energy 21.67 Bn 21.43 Bn 3.65 Bn 80.00%

Historic Data

Download Data
DateValue
Jun 30, 2026 80.00%
Mar 31, 2026 83.59%
Dec 31, 2025 -561.04%
Sep 30, 2025 79.42%
Jun 30, 2025 78.40%
Mar 31, 2025 83.45%
Dec 31, 2024 78.88%
Sep 30, 2024 76.36%
Jun 30, 2024 74.86%
Mar 31, 2024 81.53%
Dec 31, 2023 79.33%
Sep 30, 2023 73.28%
Jun 30, 2023 73.89%
Mar 31, 2023 81.13%
Dec 31, 2022 76.73%
Sep 30, 2022 79.59%
Jun 30, 2022 79.58%
Mar 31, 2022 85.93%
Dec 31, 2021 73.73%
Sep 30, 2021 76.23%