CMS Energy Operating Margin 2012-2025 | CMS

Current and historical operating margin for CMS Energy (CMS) over the last 10 years. The current operating profit margin for CMS Energy as of December 31, 2025 is 12.79%.
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CMS Energy Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-12-31 $8.54B $1.73B 20.22%
2025-09-30 $8.30B $1.72B 20.70%
2025-06-30 $8.02B $1.60B 20.00%
2025-03-31 $7.79B $1.57B 20.15%
2024-12-31 $7.52B $1.49B 19.79%
2024-09-30 $7.48B $1.47B 19.64%
2024-06-30 $7.41B $1.37B 18.53%
2024-03-31 $7.35B $1.33B 18.13%
2023-12-31 $7.46B $1.24B 16.55%
2023-09-30 $7.79B $1.10B 14.12%
2023-06-30 $8.14B $1.09B 13.35%
2023-03-31 $8.51B $1.08B 12.72%
2022-12-31 $8.60B $1.22B 14.24%
2022-09-30 $8.35B $1.16B 13.85%
2022-06-30 $8.05B $1.16B 14.39%
2022-03-31 $7.69B $1.17B 15.24%
2021-12-31 $7.33B $1.15B 15.64%
2021-09-30 $6.96B $1.22B 17.47%
2021-06-30 $6.74B $1.30B 19.22%
2021-03-31 $6.57B $1.29B 19.67%
2020-12-31 $6.42B $1.23B 19.16%
2020-09-30 $6.33B $1.14B 18.07%
2020-06-30 $6.37B $1.15B 18.13%
2020-03-31 $6.43B $1.12B 17.48%
2019-12-31 $6.62B $1.12B 16.83%
2019-09-30 $6.88B $1.18B 17.12%
2019-06-30 $6.93B $1.12B 16.17%
2019-03-31 $6.98B $1.16B 16.59%
2018-12-31 $6.87B $1.16B 16.91%
2018-09-30 $6.82B $1.29B 18.92%
2018-06-30 $6.75B $1.33B 19.66%
2018-03-31 $6.71B $1.31B 19.58%
2017-12-31 $6.58B $1.34B 20.33%
2017-09-30 $6.45B $1.24B 19.22%
2017-06-30 $6.51B $1.28B 19.74%
2017-03-31 $6.43B $1.32B 20.51%
2016-12-31 $6.40B $1.26B 19.63%
2016-09-30 $6.27B $1.24B 19.72%
2016-06-30 $6.17B $1.18B 19.10%
2016-03-31 $6.15B $1.11B 18.01%
2015-12-31 $6.46B $1.18B 18.25%
2015-09-30 $6.71B $1.19B 17.76%
2015-06-30 $6.65B $1.11B 16.69%
2015-03-31 $6.77B $1.14B 16.86%
2014-12-31 $7.18B $1.15B 16.05%
2014-09-30 $7.16B $1.14B 15.97%
2014-06-30 $7.17B $1.22B 17.07%
2014-03-31 $7.11B $1.22B 17.17%
2013-12-31 $6.57B $1.14B 17.39%
2013-09-30 $6.50B $1.09B 16.77%
2013-06-30 $6.56B $1.12B 17.01%
2013-03-31 $6.49B $1.14B 17.63%
2012-12-31 $6.25B $1.00B 16.04%
2012-09-30 $6.20B $0.97B 15.56%
2012-06-30 $6.16B $0.94B 15.23%
2012-03-31 $6.19B $0.89B 14.29%
2011-12-31 $6.50B $1.00B 15.42%
2011-09-30 $6.57B $0.99B 15.03%
2011-06-30 $6.54B $0.99B 15.13%
2011-03-31 $6.52B $1.05B 16.03%
2010-12-31 $6.43B $0.98B 15.21%
2010-09-30 $6.36B $0.93B 14.58%
2010-06-30 $6.18B $0.84B 13.57%
2010-03-31 $6.07B $0.73B 11.98%
2009-12-31 $6.21B $0.70B 11.25%
2009-09-30 $6.02B $0.80B 13.32%
2009-06-30 $6.19B $0.78B 12.59%
2009-03-31 $6.33B $0.79B 12.41%
2008-12-31 $6.41B $0.83B 12.94%
2008-09-30 $6.64B $0.46B 6.91%
2008-06-30 $6.49B $0.46B 7.15%
2008-03-31 $6.45B $0.30B 4.62%
2007-12-31 $6.45B $0.00B 0.02%
2007-09-30 $6.47B $0.15B 2.24%
2007-06-30 $6.48B $-0.11B -1.74%
2007-03-31 $6.38B $-0.04B -0.66%
2006-12-31 $6.13B $-0.05B -0.88%
2006-09-30 $5.94B $-0.04B -0.67%
2006-06-30 $5.96B $-0.84B -14.06%
2006-03-31 $5.97B $-0.82B -13.78%
2005-12-31 $5.88B $-0.35B -5.87%
2005-09-30 $5.94B $-0.24B -3.99%
2005-06-30 $5.70B $0.79B 13.91%
2005-03-31 $5.56B $0.83B 14.83%
2004-12-31 $5.47B $0.53B 9.69%
2004-09-30 $5.28B $0.49B 9.33%
2004-06-30 $5.27B $0.36B 6.78%
2004-03-31 $5.30B $0.37B 7.02%
2003-12-31 $5.51B $0.43B 7.76%
2003-09-30 $5.88B $-0.26B -4.42%
2003-06-30 $7.37B $-0.15B -2.01%
2003-03-31 $8.38B $-0.09B -1.11%
2002-12-31 $8.67B $0.02B 0.23%
2002-09-30 $8.59B $-0.11B -1.32%
2002-06-30 $7.39B $-0.10B -1.34%
2002-03-31 $7.42B $-0.05B -0.71%
2001-12-31 $8.01B $-0.02B -0.29%
2001-09-30 $9.54B $1.05B 10.99%
2001-06-30 $10.53B $1.12B 10.60%
2001-03-31 $9.96B $1.16B 11.60%
2000-12-31 $8.93B $1.13B 12.63%
2000-09-30 $7.52B $1.09B 14.53%
2000-06-30 $6.68B $1.13B 16.86%
2000-03-31 $6.44B $1.10B 17.01%
1999-12-31 $6.15B $1.04B 16.92%
1999-09-30 $5.73B $2.24B 39.09%
1999-06-30 $5.53B $2.18B 39.50%
1999-03-31 $5.31B $2.14B 40.32%
1998-12-31 $5.14B $2.08B 40.48%
1998-09-30 $5.23B $0.82B 15.67%
1998-06-30 $4.97B $0.77B 15.43%
1998-03-31 $4.88B $0.75B 15.38%
1997-12-31 $4.82B $0.78B 16.11%
1997-09-30 $4.57B $0.69B 15.00%
1997-06-30 $4.47B $0.68B 15.25%
1997-03-31 $4.36B $0.67B 15.27%
1996-12-31 $4.32B $0.67B 15.43%
1996-09-30 $4.21B $0.94B 22.40%
1996-06-30 $4.15B $0.93B 22.32%
1996-03-31 $4.05B $0.89B 22.07%
1995-12-31 $3.89B $0.93B 23.93%
1995-09-30 $3.74B $0.62B 16.61%
1995-06-30 $3.64B $0.60B 16.39%
1995-03-31 $3.60B $0.58B 16.13%
1994-12-31 $3.62B $0.50B 13.90%
1994-09-30 $3.64B $0.46B 12.72%
1994-06-30 $3.63B $0.44B 12.11%
1994-03-31 $3.58B $0.41B 11.57%
1993-12-31 $3.45B $0.40B 11.67%
1993-09-30 $3.38B $0.33B 9.64%
1993-06-30 $3.24B $0.28B 8.63%
1993-03-31 $3.17B $0.25B 7.93%
1992-12-31 $3.12B $0.21B 6.66%
1992-09-30 $2.99B $0.18B 6.15%
1992-06-30 $2.99B $0.22B 7.26%
1992-03-31 $2.96B $0.25B 8.45%
1991-12-31 $2.97B $0.27B 9.06%
1991-09-30 $3.13B $0.38B 12.15%
1991-06-30 $3.13B $0.43B 13.81%
1991-03-31 $3.14B $0.47B 14.96%
1990-12-31 $3.03B $0.52B 17.07%
1990-09-30 $2.99B $0.59B 19.79%
1990-06-30 $2.94B $0.58B 19.86%
1990-03-31 $2.91B $0.58B 20.05%
1989-12-31 $2.96B $0.59B 20.03%
1989-09-30 $2.96B $0.60B 20.32%
1989-06-30 $2.98B $0.61B 20.48%
1989-03-31 $2.95B $0.61B 20.81%
1988-12-31 $2.94B $0.60B 20.35%
1988-06-30 $2.08B $0.47B 22.78%
1988-03-31 $2.06B $0.45B 21.96%
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $23.515B $8.539B
CMS Energy is an energy provider featuring Consumers Energy as its primary business. It also owns and operates power generation businesses. CMS Energy is based in JACKSON, Mich.
Stock Name Country Market Cap PE Ratio
NextEra Energy (NEE) United States $195.349B 25.28
Iberdrola S.A (IBDRY) Spain $159.498B 26.45
Southern (SO) United States $104.550B 22.39
Duke Energy (DUK) United States $99.696B 20.28
ENGIE - (ENGIY) France $75.518B 0.00
American Electric Power (AEP) United States $70.280B 21.80
Vistra (VST) United States $58.105B 39.33
Dominion Energy (D) United States $56.800B 20.03
Exelon (EXC) United States $49.590B 17.57
Xcel Energy (XEL) United States $48.264B 21.53
Entergy (ETR) United States $46.924B 26.87
RWE AG (RWEOY) Germany $43.115B 20.20
Public Service Enterprise Group (PEG) United States $43.112B 20.71
Consolidated Edison Inc (ED) United States $41.046B 19.61
Pacific Gas & Electric (PCG) United States $39.915B 12.11
WEC Energy (WEC) United States $37.666B 21.93
NRG Energy (NRG) United States $37.000B 20.11
DTE Energy (DTE) United States $30.102B 20.08
Ameren (AEE) United States $30.017B 22.06
FirstEnergy (FE) United States $28.941B 18.62
Fortis (FTS) Canada $28.838B 22.83
PPL (PPL) United States $27.977B 21.74
CenterPoint Energy (CNP) United States $27.760B 24.72
Eversource Energy (ES) United States $27.524B 15.38
Edison (EIX) United States $27.497B 12.47
CLP Holdings (CLPHY) Hong Kong, SAR China $25.265B 0.00
AXIA Energia (AXIA) Brazil $25.230B 16.99
Hydro One (HRNNF) Canada $24.855B 0.00
Terna Rete Elettrica Nazionale SpA (TEZNY) Italy $23.798B 0.00
NiSource (NI) United States $22.185B 24.40
Evergy (EVRG) United States $19.036B 22.11
Alliant Energy (LNT) United States $18.300B 21.38
Power Assets Holdings (HGKGY) Hong Kong, SAR China $16.410B 0.00
United Utilities Group (UUGRY) United Kingdom $12.642B 0.00
China Resources Power Holdings (CRPJY) Hong Kong, SAR China $12.235B 0.00
Pinnacle West Capital (PNW) United States $11.896B 20.41
AES (AES) United States $11.593B 7.86
OGE Energy (OGE) United States $9.465B 18.87
Brookfield Renewable Partners (BEP) Bermuda $9.020B 0.00
Companhia Paranaense De Energia - Copel (ELPC) $7.956B 21.82
IDACORP (IDA) United States $7.797B 24.79
Portland General Electric (POR) United States $6.074B 18.56
Black Hills (BKH) United States $5.589B 18.02
Companhia Paranaense De Energia (COPEL) (ELP) Brazil $5.520B 84.27
Algonquin Power & Utilities (AQN) Canada $5.232B 20.64
NorthWestern (NWE) United States $4.281B 19.46
Kenon Holdings (KEN) Singapore $4.132B 0.00
TransAlta (TAC) Canada $4.031B 452.67
Allete (ALE) United States $3.945B 23.02
Otter Tail (OTTR) United States $3.694B 13.30
Avista (AVA) United States $3.506B 18.33
Centuri Holdings (CTRI) United States $3.088B 75.63
MGE Energy (MGEE) United States $3.029B 22.46
Hawaiian Electric Industries (HE) United States $2.903B 20.51
Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) Argentina $1.287B 6.79
Unitil (UTL) United States $0.956B 16.66
Ballard Power Systems (BLDP) Canada $0.647B 0.00
Genie Energy (GNE) United States $0.387B 0.00
Polar Power (POLA) United States $0.004B 0.00
Eletrobras (EBR.B) Brazil $0.000B 0.00
Pampa Energia S.A (PAM) Argentina $0.000B 13.97
Enel Chile S.A (ENIC) Chile $0.000B 70.33
Korea Electric Power (KEP) South Korea $0.000B 4.72
Great Plains Energy Inc (GXP) United States $0.000B 0.00
Comp En De Mn Cemig ADS (CIG) Brazil $0.000B 0.00