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

Cms Energy's FCF Margin history runs 18 years deep, the most recent figure standing at 3.81% for Q1 2026.

• On a quarterly basis, FCF Margin fell 77.0% year-over-year to 3.81% in Q1 2026; TTM through Mar 2026 was 23.48%, a 265.0% increase from a year earlier, with the FY2025 full-year figure at 18.42%, down 624.0% from the prior year.
• FCF Margin eased to 3.81% in Q1 2026 per CMSD's latest filing, from 522.08% in the prior quarter.
• Across five years, FCF Margin topped out at 522.08% in Q4 2025 and bottomed at 88.18% in Q3 2024.
• The 5-year median for FCF Margin is 16.56% (2022), against an average of 47.97%.
• Across the five-year window, FCF Margin tumbled 10008 bps in 2024 and jumped 42223 bps in 2025, its largest moves.
• Year by year, FCF Margin stood at 8.21% in 2022, then soared by 155 bps to 20.92% in 2023, then soared by 377 bps to 99.85% in 2024, then jumped by 423 bps to 522.08% in 2025, then plunged by 99 bps to 3.81% in 2026.
• Per Business Quant, the three latest CMSD FCF Margin figures stand at 3.81% (Q1 2026), 522.08% (Q4 2025), and 14.55% (Q3 2025).