Cms Energy (CMSC) Gross Margin (2009 - 2026)
Cms Energy (CMSC) reported Gross Margin of 83.59% for Q1 2026, down 754.0% on a YoY basis from 12.78% in Q1 2025, and up 184.69% quarter-over-quarter from 98.7% in Q4 2025.
Cms Energy (CMSC) Gross Margin (2009 - 2026) Analysis & Trends
Cms Energy has reported Gross Margin for 18 years, with the latest figure at 83.59% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 754.0% year-over-year to 83.59%; the trailing twelve-month figure through Mar 2026 stood at 80.95% (down 1025.0% YoY), and the FY2025 full-year result was 92.31%, up 61.0% from the prior year.
- Gross Margin for Q1 2026 stood at 83.59%, up from 98.7% in the prior quarter.
- The five-year high for Gross Margin was 94.0% in Q1 2023, with the low at 800.0% in Q3 2025.
- Historically, Gross Margin has averaged 22.99% across 5 years, with a median of 87.45% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 3386 bps — and 2025, when it sank 88973 bps.
- Cms Energy's Gross Margin stood at 58.34% in 2022, then surged by 58 bps to 92.21% in 2023, then fell by 1 bps to 91.2% in 2024, then slumped by 208 bps to 98.7% in 2025, then surged by 185 bps to 83.59% in 2026.
- The last three Gross Margin figures came in at 83.59% (Q1 2026), 98.7% (Q4 2025), and 800.0% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 68.53% |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 80.37% |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 83.21% |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 82.28% |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 77.44% |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 2,303.35% |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 73.91% |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 65.25% |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 83.59% |
| 10 | Cms Energy | - | - | 2.28 Bn | 83.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.59% |
| Dec 31, 2025 | -98.70% |
| Sep 30, 2025 | -800.00% |
| Jun 30, 2025 | 92.71% |
| Mar 31, 2025 | 91.13% |
| Dec 31, 2024 | 91.20% |
| Sep 30, 2024 | 89.73% |
| Jun 30, 2024 | 92.91% |
| Mar 31, 2024 | 81.53% |
| Dec 31, 2023 | 92.21% |
| Sep 30, 2023 | 90.32% |
| Jun 30, 2023 | 73.89% |
| Mar 31, 2023 | 94.00% |
| Dec 31, 2022 | 58.34% |
| Sep 30, 2022 | 84.58% |
| Jun 30, 2022 | 87.45% |
| Mar 31, 2022 | 85.93% |
| Dec 31, 2021 | 73.73% |
| Sep 30, 2021 | 76.23% |
| Jun 30, 2021 | 92.55% |