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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Cms Energy (CMS) Operating Margin (2016 - 2025)

Cms Energy's Operating Margin history spans 17 years, with the latest figure at 564.94% for Q4 2025.

  • For Q4 2025, Operating Margin rose 54357.0% year-over-year to 564.94%; the TTM value through Dec 2025 reached 39.44%, up 1965.0%, while the annual FY2025 figure was 20.22%, 44.0% up from the prior year.
  • Operating Margin reached 564.94% in Q4 2025 per CMS's latest filing, down from 2829.41% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 2829.41% in Q3 2025 to a low of 10.03% in Q4 2021.
  • Average Operating Margin over 5 years is 184.81%, with a median of 17.43% recorded in 2024.
  • Peak YoY movement for Operating Margin: crashed -774bps in 2021, then skyrocketed 280836bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 10.03% in 2021, then grew by 19bps to 11.9% in 2022, then surged by 75bps to 20.82% in 2023, then increased by 3bps to 21.37% in 2024, then soared by 2544bps to 564.94% in 2025.
  • Per Business Quant, the three most recent readings for CMS's Operating Margin are 564.94% (Q4 2025), 2829.41% (Q3 2025), and 17.25% (Q2 2025).