Cms Energy (CMSC) Tax Rate (2009 - 2026)

Cms Energy has reported Tax Rate for 18 years, with the latest figure at 23.48% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 588.0% year-over-year to 23.48%; the trailing twelve-month figure through Mar 2026 stood at 21.41% (up 580.0% YoY), and the FY2025 full-year result was 19.71%, up 404.0% from the prior year.
• Tax Rate for Q1 2026 stood at 23.48%, up from 17.97% 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.
• Historically, Tax Rate has averaged 15.57% across 5 years, with a median of 17.6% in 2025.
• Annual changes were most pronounced in 2023 — Tax Rate sank 446 bps — and 2025, when it soared 1048 bps.
• 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 31 bps to 23.48% in 2026.
• The last three Tax Rate figures came in at 23.48% (Q1 2026), 17.97% (Q4 2025), and 20.0% (Q3 2025), per Business Quant data.