Cms Energy (CMS) Tax Rate (2009 - 2026)
Cms Energy (CMS) posted quarterly Tax Rate of 24.03% for Q2 2026, down 28.0% year-over-year from 33.38% in Q2 2025, and up 2.35% quarter-over-quarter from 23.48% in Q1 2026.
Cms Energy (CMS) Tax Rate (2009 - 2026) Analysis & Trends
Cms Energy's Tax Rate history runs 18 years deep, the most recent figure standing at 24.03% for Q2 2026.
- In Q2 2026, Tax Rate fell 28.0% year-over-year to 24.03%; the TTM figure through Jun 2026 stood at 21.77% (up 483.0% YoY), while the FY2025 annual figure was 19.71%, up 404.0% from the prior year.
- Tax Rate for Q2 2026 stood at 24.03%, up from 23.48% in the prior quarter.
- The five-year high for Tax Rate was 24.31% in Q2 2025, with the low at 5.98% in Q3 2023.
- The 5-year median for Tax Rate is 17.71% (2023), against an average of 16.04%.
- The sharpest annual moves came in 2023 and 2025: Tax Rate plunged 446 bps in 2023, then surged 1048 bps in 2025.
- Cms Energy's Tax Rate stood at 11.41% in 2022, then surged by 82 bps to 20.82% in 2023, then fell by 20 bps to 16.67% in 2024, then increased by 8 bps to 17.97% in 2025, then soared by 34 bps to 24.03% in 2026.
- Business Quant data shows CMS's Tax Rate at 24.03% in Q2 2026, 23.48% in Q1 2026, and 17.97% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 14.13% |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 16.89% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 14.18% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 20.72% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 15.58% |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 24.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.03% |
| Jun 30, 2026 | 24.03% |
| Jun 30, 2026 | 24.03% |
| Mar 31, 2026 | 23.48% |
| Mar 31, 2026 | 23.48% |
| Mar 31, 2026 | 23.48% |
| Dec 31, 2025 | 17.97% |
| Dec 31, 2025 | 17.97% |
| Dec 31, 2025 | 17.97% |
| Sep 30, 2025 | 20.00% |
| Sep 30, 2025 | 20.00% |
| Sep 30, 2025 | 20.00% |
| Jun 30, 2025 | 24.31% |
| Jun 30, 2025 | 24.31% |
| Jun 30, 2025 | 24.31% |
| Mar 31, 2025 | 17.60% |
| Mar 31, 2025 | 17.60% |
| Mar 31, 2025 | 17.60% |
| Dec 31, 2024 | 16.67% |
| Dec 31, 2024 | 16.67% |