Cms Energy (CMS) Interest Coverage Ratio (2009 - 2026)
Cms Energy's (CMS) Interest Coverage Ratio stood at 1.25 in Q2 2026, down 21.5% from 1.59 a year earlier and down 46.6% from the prior quarter.
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Analysis
Cms Energy (CMS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Cms Energy's Interest Coverage Ratio came in at 2.01 as of Jun 30, 2026, down 6.8% year-over-year; for FY2025, it came in at 2.16, up 3.0% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 2.10 in FY2024 (+9.4%), 1.92 in FY2023 (-18.6%), 2.36 in FY2022 (+2.9%) and 2.29 in FY2021 (-5.9%).
- The Q2 2026 figure is the lowest quarterly Interest Coverage Ratio since Q4 2009.
- On a year-over-year basis, Interest Coverage Ratio has declined for three consecutive quarters, with growth averaging 0.7% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 24.8% in Q3 2024, against a decline of 41.9% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.34 (Q1 2026), 2.09 (Q4 2025) and 2.36 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 2,624.00 |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 2.14 |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 2.99 |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 0.59 |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 3.21 |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 1.22 |
| 10 | Cms Energy | 21.61 Bn | 20.23 Bn | 1.54 Bn | 0.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.21 |
| Jun 30, 2026 | 1.25 |
| Mar 31, 2026 | 2.34 |
| Dec 31, 2025 | 2.09 |
| Sep 30, 2025 | 2.36 |
| Jun 30, 2025 | 1.59 |
| Mar 31, 2025 | 2.64 |
| Dec 31, 2024 | 2.36 |
| Sep 30, 2024 | 2.06 |
| Jun 30, 2024 | 1.64 |
| Mar 31, 2024 | 2.33 |
| Dec 31, 2023 | 2.36 |
| Sep 30, 2023 | 1.65 |
| Jun 30, 2023 | 1.53 |
| Mar 31, 2023 | 2.14 |
| Dec 31, 2022 | 1.95 |
| Sep 30, 2022 | 1.98 |
| Jun 30, 2022 | 1.90 |
| Mar 31, 2022 | 3.68 |
| Dec 31, 2021 | 1.62 |
API Access
Cms Energy Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();