Cms Energy (CMS) Net Margin (2009 - 2026)
Cms Energy (CMS) posted quarterly Net Margin of 9.98% for Q2 2026, down 79.0% year-over-year from 47.53% in Q2 2025, and down 19.39% quarter-over-quarter from 12.38% in Q1 2026.
Cms Energy (CMS) Net Margin (2009 - 2026) Analysis & Trends
Cms Energy's Net Margin history runs 18 years deep, the most recent figure standing at 9.98% for Q2 2026.
- In Q2 2026, Net Margin fell 79.0% year-over-year to 9.98%; the TTM figure through Jun 2026 stood at 14.42% (up 179.0% YoY), while the FY2025 annual figure was 12.43%, down 79.0% from the prior year.
- Net Margin for Q2 2026 stood at 9.98%, down from 12.38% in the prior quarter.
- The five-year high for Net Margin was 371.43% in Q4 2025, with the low at 7.37% in Q4 2022.
- The 5-year median for Net Margin is 12.36% (2025), against an average of 31.59%.
- The sharpest annual moves came in 2022 and 2025: Net Margin tumbled 2396 bps in 2022, then jumped 35826 bps in 2025.
- Cms Energy's Net Margin stood at 7.37% in 2022, then soared by 113 bps to 15.69% in 2023, then dropped by 16 bps to 13.17% in 2024, then jumped by 2720 bps to 371.43% in 2025, then slumped by 97 bps to 9.98% in 2026.
- Business Quant data shows CMS's Net Margin at 9.98% in Q2 2026, 12.38% in Q1 2026, and 371.43% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 7.37% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 18.79% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 14.51% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 15.01% |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 12.26% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 13.51% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 9.57% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 9.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.98% |
| Mar 31, 2026 | 12.38% |
| Dec 31, 2025 | 371.43% |
| Sep 30, 2025 | 13.61% |
| Jun 30, 2025 | 10.77% |
| Mar 31, 2025 | 12.34% |
| Dec 31, 2024 | 13.17% |
| Sep 30, 2024 | 14.40% |
| Jun 30, 2024 | 12.13% |
| Mar 31, 2024 | 13.10% |
| Dec 31, 2023 | 15.69% |
| Sep 30, 2023 | 10.40% |
| Jun 30, 2023 | 12.54% |
| Mar 31, 2023 | 8.84% |
| Dec 31, 2022 | 7.37% |
| Sep 30, 2022 | 8.05% |
| Jun 30, 2022 | 7.55% |
| Mar 31, 2022 | 14.79% |
| Dec 31, 2021 | 31.33% |
| Sep 30, 2021 | 10.78% |