CMS Energy Corporation (CMS) Net Profit Margin: 12.55%
Is CMS Energy Corporation’s net profit margin high or low?
CMS Energy Corporation's net profit margin of 12.55% is in line with its 5-year average of 12.96%, around the middle of its 5-year range (9.74%–18.46%).
As of Saturday, June 13, 2026. 3.05% below its 12-month average of 12.95%.
CMS Net Profit Margin Chart
CMS Average Net Profit Margin Chart
CMS Current vs Average Net Profit Margin Chart
CMS Net Profit Margin Metrics
NET PROFIT MARGIN
12.55%
NET PROFIT MARGIN AVG TTM
12.95%
NET PROFIT MARGIN AVG 3Y
11.88%
NET PROFIT MARGIN AVG 5Y
12.96%
NET PROFIT MARGIN AVG 10Y
11.02%
NET PROFIT MARGIN AVG 15Y
9.54%
NET PROFIT MARGIN AVG 20Y
7.36%
CURRENT VS TTM AVG
-3.05%
CURRENT VS 3Y AVG
+5.64%
CURRENT VS 5Y AVG
-3.14%
CURRENT VS 10Y AVG
+13.84%
CURRENT VS 15Y AVG
+31.61%
CURRENT VS 20Y AVG
+70.54%
CMS Competitors' Net Profit Margin
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.73B | 12.55% | 12.95% | 11.88% | 12.96% |
| Alliant Energy Corporation (LNT) | $18.88B | 18.58% | 17.95% | 17.42% | 17.72% |
| FirstEnergy Corp. (FE) | $27.20B | 6.86% | 7.01% | 6.46% | 7.89% |
| CenterPoint Energy, Inc. (CNP) | $28.06B | 11.38% | 11.52% | 11.23% | 8.71% |
| Atmos Energy Corporation (ATO) | $28.37B | 27.58% | 25.27% | 22.42% | 21.75% |
| WEC Energy Group, Inc. (WEC) | $36.95B | 16.25% | 16.84% | 15.83% | 15.93% |
| Consolidated Edison, Inc. (ED) | $39.71B | 12.52% | 11.95% | 12.92% | 11.76% |
| Public Service Enterprise Group Incorporated (PEG) | $39.72B | 17.69% | 17.29% | 16.98% | 13.51% |
| Exelon Corporation (EXC) | $47.28B | 11.21% | 11.04% | 11.04% | 9.94% |
| Xcel Energy Inc. (XEL) | $49.45B | 14.14% | 14.08% | 12.99% | 12.77% |
Margin Comparison
Operating Margin
19.5%
Net Profit Margin
12.6%
CMS Energy Corporation Net Profit Margin Formula & Definition
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation Net Profit Margin FAQ
- What is the net profit margin for CMS Energy Corporation (CMS)?
- The net profit margin for CMS stock is 12.55%.
- Is CMS Energy Corporation's net profit margin high or low?
- CMS Energy Corporation's net profit margin of 12.55% is in line with its 5-year average of 12.96%, around the middle of its 5-year range (9.74%–18.46%).
- What is the TTM average net profit margin for CMS Energy Corporation (CMS)?
- The TTM average net profit margin for CMS stock is 12.95%.
- What is the 3Y average net profit margin for CMS Energy Corporation (CMS)?
- The 3Y average net profit margin for CMS stock is 11.88%.
- What is the 5Y average net profit margin for CMS Energy Corporation (CMS)?
- The 5Y average net profit margin for CMS stock is 12.96%.
- What is the 10Y average net profit margin for CMS Energy Corporation (CMS)?
- The 10Y average net profit margin for CMS stock is 11.02%.
- What is the 15Y average net profit margin for CMS Energy Corporation (CMS)?
- The 15Y average net profit margin for CMS stock is 9.54%.
- What is the 20Y average net profit margin for CMS Energy Corporation (CMS)?
- The 20Y average net profit margin for CMS stock is 7.36%.
CMS Energy Corporation Net Profit Margin History
| DATE | NET PROFIT MARGIN |
|---|---|
| 2025-12-31 | 12.54% |
| 2024-12-31 | 13.35% |
| 2023-12-31 | 11.89% |
| 2022-12-31 | 9.74% |
| 2021-12-31 | 18.46% |
| 2020-12-31 | 11.76% |
| 2019-12-31 | 10.27% |
| 2018-12-31 | 9.56% |
| 2017-12-31 | 6.99% |
| 2016-12-31 | 8.61% |
| 2015-12-31 | 8.10% |
| 2014-12-31 | 6.64% |
| 2013-12-31 | 6.88% |
| 2012-12-31 | 6.11% |
| 2011-12-31 | 6.38% |
| 2010-12-31 | 5.29% |
| 2009-12-31 | 3.69% |
| 2008-12-31 | 4.33% |
| 2007-12-31 | -3.33% |
| 2006-12-31 | -1.29% |
| 2005-12-31 | -1.43% |
| 2004-12-31 | 2.21% |
| 2003-12-31 | -0.82% |
| 2002-12-31 | -7.49% |
| 2001-12-31 | -5.73% |
| 2000-12-31 | 0.41% |
| 1999-12-31 | 4.67% |
| 1998-12-31 | 5.54% |
| 1997-12-31 | 5.10% |
| 1996-12-31 | 5.18% |
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