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

Cms Energy (CMS) reported Net Margin of 12.38% for Q1 2026, up 4.0% on a YoY basis from 11.9% in Q1 2025, and down 96.67% quarter-over-quarter from 371.43% in Q4 2025.

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

Cms Energy has reported Net Margin for 18 years, with the latest figure at 12.38% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 4.0% year-over-year to 12.38%; the trailing twelve-month figure through Mar 2026 stood at 23.53% (up 1056.0% YoY), and the FY2025 full-year result was 12.43%, down 79.0% from the prior year.
  • Net Margin for Q1 2026 stood at 12.38%, down from 371.43% in the prior quarter.
  • The five-year high for Net Margin was 1617.65% in Q3 2025, with the low at 7.37% in Q4 2022.
  • Historically, Net Margin has averaged 127.21% across 5 years, with a median of 12.38% in 2026.
  • Annual changes were most pronounced in 2022 — Net Margin plunged 2396 bps — and 2025, when it surged 160325 bps.
  • 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 12.38% in 2026.
  • The last three Net Margin figures came in at 12.38% (Q1 2026), 371.43% (Q4 2025), and 1617.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 14.72%
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 12.17%
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 13.83%
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 23.42%
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 16.41%
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 182.39%
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 35.43%
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 11.09%
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 12.38%
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn 13.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.38%
Dec 31, 2025 371.43%
Sep 30, 2025 1,617.65%
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%
Jun 30, 2021 11.30%