Cms Energy Corp (CMSD) EBITDA Margin (2009 - 2026)

Cms Energy's EBITDA Margin history runs 18 years deep, the most recent figure standing at 17.95% for Q1 2026.

• On a quarterly basis, EBITDA Margin fell 224.0% year-over-year to 17.95% in Q1 2026; TTM through Mar 2026 was 25.85%, a 570.0% increase from a year earlier, with the FY2025 full-year figure at 20.22%, up 44.0% from the prior year.
• EBITDA Margin eased to 17.95% in Q1 2026 per CMSD's latest filing, from 564.94% in the prior quarter.
• Across five years, EBITDA Margin topped out at 564.94% in Q4 2025 and bottomed at 11.9% in Q4 2022.
• The 5-year median for EBITDA Margin is 17.95% (2026), against an average of 49.76%.
• Across the five-year window, EBITDA Margin slumped 546 bps in 2023 and jumped 54357 bps in 2025, its largest moves.
• Year by year, EBITDA Margin stood at 11.9% in 2022, then jumped by 75 bps to 20.82% in 2023, then gained by 3 bps to 21.37% in 2024, then surged by 2544 bps to 564.94% in 2025, then sank by 97 bps to 17.95% in 2026.
• Per Business Quant, the three latest CMSD EBITDA Margin figures stand at 17.95% (Q1 2026), 564.94% (Q4 2025), and 23.8% (Q3 2025).