Cms Energy (CMSC) Return on Capital Employed (2010 - 2026)
Cms Energy posted quarterly Return on Capital Employed of 4.72% for Q1 2026, up 3.0% year-on-year from 4.58% in Q1 2025, and down 3.22% on a QoQ basis from 4.87% in Q4 2025.
Cms Energy (CMSC) has 17 years of Return on Capital Employed data on file, last reported 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.
- 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%.
- The widest annual swing landed in 2023, when Return on Capital Employed slumped 64 bps; it then jumped 82 bps in 2024.
- A 5-year view of Return on Capital Employed shows it 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 5.20% |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 38.40% |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 4.34% |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 3.52% |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 4.84% |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 4.73% |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | 72.92% |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 8.68% |
| 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% |
| Mar 31, 2021 | 4.94% |
| Dec 31, 2020 | 4.66% |
| Sep 30, 2020 | 4.76% |
| Jun 30, 2020 | 5.00% |
| Mar 31, 2020 | 5.02% |
| Dec 31, 2019 | 5.22% |
| Sep 30, 2019 | 5.02% |
| Jun 30, 2019 | 4.95% |
| Mar 31, 2019 | 5.13% |
| Dec 31, 2018 | 5.38% |
| Sep 30, 2018 | 6.40% |
| Jun 30, 2018 | 6.46% |
| Mar 31, 2018 | 6.41% |
| Dec 31, 2017 | 6.76% |
| Sep 30, 2017 | 6.28% |
| Jun 30, 2017 | 6.54% |
| Mar 31, 2017 | 6.69% |
| Dec 31, 2016 | 6.76% |
| Sep 30, 2016 | 6.57% |
| Jun 30, 2016 | 6.40% |
| Mar 31, 2016 | 6.03% |
| Dec 31, 2015 | 6.62% |
| Sep 30, 2015 | 6.78% |
| Jun 30, 2015 | 6.31% |
| Mar 31, 2015 | 6.49% |
| Dec 31, 2014 | 6.85% |
| Sep 30, 2014 | 6.97% |
| Jun 30, 2014 | 7.53% |
| Mar 31, 2014 | 7.72% |
| Dec 31, 2013 | 7.52% |
| Sep 30, 2013 | 6.92% |
| Jun 30, 2013 | 7.18% |
| Mar 31, 2013 | 7.35% |
| Dec 31, 2012 | 6.65% |
| Sep 30, 2012 | 6.45% |
| Jun 30, 2012 | 6.51% |
| Mar 31, 2012 | 6.11% |
| Dec 31, 2011 | 7.23% |
| Sep 30, 2011 | 7.18% |
| Jun 30, 2011 | 7.30% |
| Mar 31, 2011 | 7.83% |
| Dec 31, 2010 | 7.21% |
| Sep 30, 2010 | 2.64% |