Cms Energy (CMSA) Return on Capital Employed (2010 - 2026)
Cms Energy (CMSA) reported Return on Capital Employed of 4.72% for Q1 2026, up 3.0% on a YoY basis from 4.58% in Q1 2025, and down 3.22% quarter-over-quarter from 4.87% in Q4 2025.
Cms Energy (CMSA) Return on Capital Employed (2010 - 2026) Analysis & Trends
Cms Energy has reported Return on Capital Employed for 17 years, with the latest figure at 4.72% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 3.0% year-over-year to 4.72%; the trailing twelve-month figure through Mar 2026 stood at 4.72% (up 3.0% YoY), and the FY2025 full-year result was 5.02%, up 26.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 4.72%, down from 4.87% in the prior quarter.
- The five-year high for Return on Capital Employed was 4.93% in Q3 2025, with the low at 3.71% in Q3 2023.
- Historically, Return on Capital Employed has averaged 4.38% across 5 years, with a median of 4.37% in 2022.
- Annual changes were most pronounced in 2023 — Return on Capital Employed plunged 64 bps — and 2024, when it jumped 82 bps.
- Cms Energy's Return on Capital Employed stood at 4.39% in 2022, then slipped by 7 bps to 4.1% in 2023, then grew by 14 bps to 4.67% in 2024, then rose by 4 bps to 4.87% in 2025, then retreated by 3 bps to 4.72% in 2026.
- The last three Return on Capital Employed figures came in at 4.72% (Q1 2026), 4.87% (Q4 2025), and 4.93% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 5.20% |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 4.34% |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 3.52% |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 4.84% |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 4.73% |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 7.19% |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 8.68% |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 6.21% |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 4.72% |
| 10 | Cms Energy | - | - | 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% |