Cms Energy (CMS) Return on Equity [ROE] (2009 - 2026)
Cms Energy (CMS) recorded Return on Equity [ROE] of 8.67% in Q2 2026, down 2.39 percentage points from 11.07% a year earlier and down 1.28 percentage points from the prior quarter.
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Analysis
Cms Energy (CMS) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Cms Energy reported Return on Equity [ROE] of 10.86%, down 0.37 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of -2.65 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 11.23% in FY2024 (+0.95 pp), 10.28% in FY2023 (-0.72 pp), 11.00% in FY2022 (-9.05 pp) and 20.05% in FY2021 (+6.54 pp).
- The Q2 2026 figure is the lowest quarterly Return on Equity [ROE] since Q1 2010.
- On a year-over-year basis, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of -0.01 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 6.66 percentage points in Q4 2021, against a drop of 9.59 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.96% (Q1 2026), 10.47% (Q4 2025) and 11.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 10.07% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 11.06% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 13.86% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 8.33% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 9.75% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 10.32% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 10.81% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 14.33% |
| 10 | Cms Energy | 21.88 Bn | 21.08 Bn | 1.54 Bn | 5.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.06% |
| Jun 30, 2026 | 8.67% |
| Mar 31, 2026 | 9.96% |
| Dec 31, 2025 | 10.47% |
| Sep 30, 2025 | 11.03% |
| Jun 30, 2025 | 11.07% |
| Mar 31, 2025 | 11.08% |
| Dec 31, 2024 | 10.89% |
| Sep 30, 2024 | 10.98% |
| Jun 30, 2024 | 10.20% |
| Mar 31, 2024 | 10.55% |
| Dec 31, 2023 | 10.17% |
| Sep 30, 2023 | 9.31% |
| Jun 30, 2023 | 9.25% |
| Mar 31, 2023 | 8.68% |
| Dec 31, 2022 | 10.77% |
| Sep 30, 2022 | 17.15% |
| Jun 30, 2022 | 17.53% |
| Mar 31, 2022 | 18.27% |
| Dec 31, 2021 | 19.22% |
API Access
Cms Energy Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();