Cms Energy (CMS) Return on Assets [ROA] (2010 - 2026)
Cms Energy (CMS) posted Return on Assets [ROA] of 2.18% for Q2 2026, down 0.49 percentage points from 2.68% a year earlier and down 0.27 percentage points from the prior quarter.
Cms Energy (CMS) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Cms Energy's Return on Assets [ROA] came in at 2.64%, down 0.09 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of -0.02 percentage points (FY2020 to FY2025).
- In prior years, Cms Energy's Return on Assets [ROA] was 2.73% in FY2024 (+0.24 pp), 2.49% in FY2023 (-0.21 pp), 2.71% in FY2022 (-1.85 pp) and 4.55% in FY2021 (+1.89 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Assets [ROA] since Q1 2023.
- On a year-over-year basis, Return on Assets [ROA] has declined in each of the last four quarters, with an average year-over-year change of +0.01 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q4 2021, with a gain of 1.94 percentage points; the weakest was Q1 2023, with a drop of 2.53 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 2.45% (Q1 2026), 2.57% (Q4 2025) and 2.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 22.62% |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 2.08% |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 2.60% |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 3.24% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 3.10% |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 3.83% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 4.53% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 3.15% |
| 10 | Cms Energy | 19.78 Bn | 19.12 Bn | 1.27 Bn | 2.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18% |
| Mar 31, 2026 | 2.45% |
| Dec 31, 2025 | 2.57% |
| Sep 30, 2025 | 2.68% |
| Jun 30, 2025 | 2.68% |
| Mar 31, 2025 | 2.71% |
| Dec 31, 2024 | 2.68% |
| Sep 30, 2024 | 2.73% |
| Jun 30, 2024 | 2.55% |
| Mar 31, 2024 | 2.60% |
| Dec 31, 2023 | 2.45% |
| Sep 30, 2023 | 2.22% |
| Jun 30, 2023 | 2.23% |
| Mar 31, 2023 | 2.11% |
| Dec 31, 2022 | 2.63% |
| Sep 30, 2022 | 4.32% |
| Jun 30, 2022 | 4.51% |
| Mar 31, 2022 | 4.64% |
| Dec 31, 2021 | 4.49% |
| Sep 30, 2021 | 2.84% |
Cms Energy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=CMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();