Cms Energy (CMS) Return on Capital Employed (2010 - 2026)
Cms Energy's (CMS) quarterly Return on Capital Employed came in at 4.72% in Q1 2026, up 3.0% year-on-year from 4.58% in Q1 2025, and down 3.22% quarter-over-quarter from 4.87% in Q4 2025.
Cms Energy (CMS) Return on Capital Employed (2010 - 2026) Analysis & Trends
Cms Energy's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 4.72% for Q1 2026.
- On a quarterly basis, Return on Capital Employed rose 3.0% year-over-year to 4.72% in Q1 2026; TTM through Mar 2026 was 4.72%, a 3.0% increase from a year earlier, with the FY2025 full-year figure at 5.02%, up 26.0% from the prior year.
- Return on Capital Employed retreated to 4.72% in Q1 2026 per CMS's latest filing, from 4.87% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 4.93% in Q3 2025 and bottomed at 3.71% in Q3 2023.
- The 5-year median for Return on Capital Employed is 4.37% (2022), against an average of 4.38%.
- Across the five-year window, Return on Capital Employed plunged 64 bps in 2023 and soared 82 bps in 2024, its largest moves.
- Year by year, Return on Capital Employed stood at 4.39% in 2022, then dropped by 7 bps to 4.1% in 2023, then increased by 14 bps to 4.67% in 2024, then gained by 4 bps to 4.87% in 2025, then decreased by 3 bps to 4.72% in 2026.
- Per Business Quant, the three latest CMS Return on Capital Employed figures stand at 4.72% (Q1 2026), 4.87% (Q4 2025), and 4.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 8.29% |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 4.34% |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 3.52% |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 4.84% |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | 1,879.92% |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 4.73% |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 8.68% |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 5.84% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 4.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.72% |
| Dec 31, 2025 | 4.87% |
| Sep 30, 2025 | 4.93% |
| Jun 30, 2025 | 4.74% |
| Mar 31, 2025 | 4.69% |
| Dec 31, 2024 | 4.67% |
| Sep 30, 2024 | 4.53% |
| Jun 30, 2024 | 4.34% |
| Mar 31, 2024 | 4.24% |
| Dec 31, 2023 | 4.10% |
| Sep 30, 2023 | 3.71% |
| Jun 30, 2023 | 3.74% |
| Mar 31, 2023 | 3.81% |
| Dec 31, 2022 | 4.39% |
| Sep 30, 2022 | 4.25% |
| Jun 30, 2022 | 4.37% |
| Mar 31, 2022 | 4.35% |
| Dec 31, 2021 | 4.18% |
| Sep 30, 2021 | 4.63% |
| Jun 30, 2021 | 4.97% |