CMS Energy Corporation (CMS) Gross Margin: 64.61%
Is CMS Energy Corporation’s gross margin high or low?
CMS Energy Corporation's gross margin of 64.61% is 54% above its 5-year average of 41.87%, near the high end of its 5-year range (32.13%–64.61%).
As of Saturday, June 13, 2026. 24.72% above its 12-month average of 51.80%.
CMS Gross Margin Chart
CMS Average Gross Margin Chart
CMS Current vs Average Gross Margin Chart
CMS Gross Margin Metrics
GROSS MARGIN
64.61%
GROSS MARGIN AVG TTM
51.80%
GROSS MARGIN AVG 3Y
43.52%
GROSS MARGIN AVG 5Y
41.87%
GROSS MARGIN AVG 10Y
39.23%
GROSS MARGIN AVG 15Y
35.87%
GROSS MARGIN AVG 20Y
36.93%
CURRENT VS TTM AVG
+24.72%
CURRENT VS 3Y AVG
+48.45%
CURRENT VS 5Y AVG
+54.32%
CURRENT VS 10Y AVG
+64.71%
CURRENT VS 15Y AVG
+80.13%
CURRENT VS 20Y AVG
+74.93%
CMS Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.73B | 64.61% | 51.80% | 43.52% | 41.87% |
| Alliant Energy Corporation (LNT) | $18.88B | 37.97% | 42.41% | 42.13% | 42.29% |
| FirstEnergy Corp. (FE) | $27.20B | 53.77% | 61.14% | 62.33% | 64.99% |
| CenterPoint Energy, Inc. (CNP) | $28.06B | 41.30% | 37.36% | 38.38% | 38.57% |
| Atmos Energy Corporation (ATO) | $28.37B | 51.43% | 55.14% | 50.37% | 50.93% |
| WEC Energy Group, Inc. (WEC) | $36.95B | 55.74% | 47.28% | 42.36% | 40.91% |
| Consolidated Edison, Inc. (ED) | $39.71B | 65.01% | 63.01% | 62.04% | 63.18% |
| Public Service Enterprise Group Incorporated (PEG) | $39.72B | 79.65% | 51.70% | 43.23% | 39.92% |
| Exelon Corporation (EXC) | $47.28B | 24.11% | 34.38% | 37.99% | 36.64% |
| Xcel Energy Inc. (XEL) | $49.45B | 18.91% | 35.02% | 37.60% | 38.77% |
Gross Margin Analysis
Gross Margin
64.6%
(Revenue - COGS) / Revenue
CMS Energy Corporation Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation Gross Margin FAQ
- What is the gross margin for CMS Energy Corporation (CMS)?
- The gross margin for CMS stock is 64.61%.
- Is CMS Energy Corporation's gross margin high or low?
- CMS Energy Corporation's gross margin of 64.61% is 54% above its 5-year average of 41.87%, near the high end of its 5-year range (32.13%–64.61%).
- What is the TTM average gross margin for CMS Energy Corporation (CMS)?
- The TTM average gross margin for CMS stock is 51.80%.
- What is the 3Y average gross margin for CMS Energy Corporation (CMS)?
- The 3Y average gross margin for CMS stock is 43.52%.
- What is the 5Y average gross margin for CMS Energy Corporation (CMS)?
- The 5Y average gross margin for CMS stock is 41.87%.
- What is the 10Y average gross margin for CMS Energy Corporation (CMS)?
- The 10Y average gross margin for CMS stock is 39.23%.
- What is the 15Y average gross margin for CMS Energy Corporation (CMS)?
- The 15Y average gross margin for CMS stock is 35.87%.
- What is the 20Y average gross margin for CMS Energy Corporation (CMS)?
- The 20Y average gross margin for CMS stock is 36.93%.
CMS Energy Corporation Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 60.91% |
| 2024-12-31 | 42.70% |
| 2023-12-31 | 38.35% |
| 2022-12-31 | 32.13% |
| 2021-12-31 | 36.14% |
| 2020-12-31 | 40.98% |
| 2019-12-31 | 36.76% |
| 2018-12-31 | 34.89% |
| 2017-12-31 | 38.02% |
| 2016-12-31 | 36.69% |
| 2015-12-31 | 33.92% |
| 2014-12-31 | 29.10% |
| 2013-12-31 | 30.52% |
| 2012-12-31 | 29.27% |
| 2011-12-31 | 26.97% |
| 2010-12-31 | 26.55% |
| 2009-12-31 | 42.47% |
| 2008-12-31 | 38.12% |
| 2007-12-31 | 36.54% |
| 2006-12-31 | 38.70% |
| 2005-12-31 | 45.89% |
| 2004-12-31 | 79.22% |
| 2003-12-31 | 74.61% |
| 2002-12-31 | 58.70% |
| 2001-12-31 | 66.45% |
| 2000-12-31 | 67.41% |
| 1999-12-31 | 76.49% |
| 1998-12-31 | 70.51% |
| 1997-12-31 | 32.80% |
| 1996-12-31 | 34.27% |
Related Metrics
About CMS Energy Corporation
CMS Energy Corporation (CMS) operates as a significant utility provider with its primary services concentrated in Michigan. The company's business is structured into three main divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment encompasses the full spectrum of electricity operations, from generating power using a variety of sources—including coal, wind, natural gas, renewable energies, oil, and nuclear—to its subsequent purchase, transmission, distribution, and sale to customers. Its extensive electrical grid is supported by approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, an additional 82,474 miles of electric overhead distribution lines, and 9,395 miles of underground distribution lines. This vast network also includes 1,093 substations and 3 battery storage facilities. The Gas Utility division is responsible for procuring, transmitting, storing, distributing, and selling natural gas. This segment's infrastructure features 2,392 miles of transmission pipelines, 15 natural gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations. The Enterprises segment specializes in independent power generation and energy marketing, particularly focusing on the development and operation of renewable energy projects. CMS Energy serves a considerable customer base, providing electricity to 1.9 million clients and natural gas to 1.8 million clients, spanning residential, commercial, and diverse industrial sectors. The company was established in 1987 and its corporate headquarters are situated in Jackson, Michigan.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Garrick J. Rochow