Cms Energy (CMSD) Net Margin (2009 - 2026)
Cms Energy posted quarterly Net Margin of 12.38% for Q1 2026, up 4.0% year-on-year from 11.9% in Q1 2025, and down 96.67% on a QoQ basis from 371.43% in Q4 2025.
Cms Energy (CMSD) has 18 years of Net Margin data on file, last reported at 12.38% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 4.0% year-over-year to 12.38%; the trailing twelve-month figure through Mar 2026 stood at 23.53% (up 1056.0% YoY), and the FY2025 full-year result was 12.43%, down 79.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.38%, down from 371.43% in the prior quarter.
- Across five years, Net Margin topped out at 1617.65% in Q3 2025 and bottomed at 7.37% in Q4 2022.
- The 5-year median for Net Margin is 12.38% (2026), against an average of 127.21%.
- The widest annual swing landed in 2022, when Net Margin slumped 2396 bps; it then surged 160325 bps in 2025.
- A 5-year view of Net Margin shows it stood at 7.37% in 2022, then jumped by 113 bps to 15.69% in 2023, then declined by 16 bps to 13.17% in 2024, then surged by 2720 bps to 371.43% in 2025, then sank by 97 bps to 12.38% in 2026.
- The last three Net Margin figures came in at 12.38% (Q1 2026), 371.43% (Q4 2025), and 1617.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 14.72% |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 13.52% |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 12.17% |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 13.83% |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 23.42% |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 16.41% |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 35.43% |
| 10 | Cms Energy | - | - | 2.28 Bn | 12.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.38% |
| Dec 31, 2025 | 371.43% |
| Sep 30, 2025 | 1,617.65% |
| Jun 30, 2025 | 10.77% |
| Mar 31, 2025 | 12.34% |
| Dec 31, 2024 | 13.17% |
| Sep 30, 2024 | 14.40% |
| Jun 30, 2024 | 12.13% |
| Mar 31, 2024 | 13.10% |
| Dec 31, 2023 | 15.69% |
| Sep 30, 2023 | 10.40% |
| Jun 30, 2023 | 12.54% |
| Mar 31, 2023 | 8.84% |
| Dec 31, 2022 | 7.37% |
| Sep 30, 2022 | 8.05% |
| Jun 30, 2022 | 7.55% |
| Mar 31, 2022 | 14.79% |
| Dec 31, 2021 | 31.33% |
| Sep 30, 2021 | 10.78% |
| Jun 30, 2021 | 11.30% |
| Mar 31, 2021 | 17.34% |
| Dec 31, 2020 | 9.15% |
| Sep 30, 2020 | 14.47% |
| Jun 30, 2020 | 9.84% |
| Mar 31, 2020 | 13.49% |
| Dec 31, 2019 | 11.42% |
| Sep 30, 2019 | 13.78% |
| Jun 30, 2019 | 6.71% |
| Mar 31, 2019 | 10.98% |
| Dec 31, 2018 | 7.11% |
| Sep 30, 2018 | 11.26% |
| Jun 30, 2018 | 10.12% |
| Mar 31, 2018 | 12.39% |
| Dec 31, 2017 | 7.59% |
| Sep 30, 2017 | 11.85% |
| Jun 30, 2017 | 7.11% |
| Mar 31, 2017 | 11.54% |
| Dec 31, 2016 | 4.76% |
| Sep 30, 2016 | 11.72% |
| Jun 30, 2016 | 9.12% |
| Mar 31, 2016 | 9.11% |
| Dec 31, 2015 | 23.46% |
| Sep 30, 2015 | 9.96% |
| Jun 30, 2015 | 5.04% |
| Mar 31, 2015 | 9.57% |
| Dec 31, 2014 | 5.52% |
| Sep 30, 2014 | 6.57% |
| Jun 30, 2014 | 5.65% |
| Mar 31, 2014 | 8.09% |
| Dec 31, 2013 | 5.88% |
| Sep 30, 2013 | 8.72% |
| Jun 30, 2013 | 5.69% |
| Mar 31, 2013 | 7.28% |
| Dec 31, 2012 | 4.01% |
| Sep 30, 2012 | 9.82% |
| Jun 30, 2012 | 7.50% |
| Mar 31, 2012 | 3.84% |
| Dec 31, 2011 | 2.53% |
| Sep 30, 2011 | 9.49% |
| Jun 30, 2011 | 7.33% |
| Mar 31, 2011 | 6.57% |
| Dec 31, 2010 | 1.49% |
| Sep 30, 2010 | 9.29% |
| Jun 30, 2010 | 5.97% |
| Mar 31, 2010 | 4.32% |
| Dec 31, 2009 | 0.37% |
| Sep 30, 2009 | 5.30% |
| Jun 30, 2009 | 6.12% |