CMS Energy Corporation (CMS) Return on Assets (ROA): 2.75%
Is CMS Energy Corporation’s return on assets (ROA) high or low?
CMS Energy Corporation's return on assets (ROA) of 2.75% is in line with its 5-year average of 3.00%, near the low end of its 5-year range (2.55%–4.71%).
As of Thursday, June 18, 2026. 1.10% above its 12-month average of 2.72%.
CMS Return on Assets (ROA) Chart
CMS Average Return on Assets (ROA) Chart
CMS Current vs Average Return on Assets (ROA) Chart
CMS Return on Assets (ROA) Metrics
RETURN ON ASSETS (ROA)
2.75%
RETURN ON ASSETS (ROA) AVG TTM
2.72%
RETURN ON ASSETS (ROA) AVG 3Y
2.69%
RETURN ON ASSETS (ROA) AVG 5Y
3.00%
RETURN ON ASSETS (ROA) AVG 10Y
2.76%
RETURN ON ASSETS (ROA) AVG 15Y
2.60%
RETURN ON ASSETS (ROA) AVG 20Y
2.42%
CURRENT VS TTM AVG
+1.10%
CURRENT VS 3Y AVG
+2.23%
CURRENT VS 5Y AVG
-8.44%
CURRENT VS 10Y AVG
-0.33%
CURRENT VS 15Y AVG
+5.60%
CURRENT VS 20Y AVG
+13.64%
CMS Competitors' Return on Assets (ROA)
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.65B | 2.75% | 2.72% | 2.69% | 3.00% |
| NiSource Inc. (NI)vs › | $22.61B | 2.63% | 2.46% | 2.56% | 2.10% |
| American Water Works Company, Inc. (AWK)vs › | $24.49B | 3.13% | 3.12% | 3.08% | 3.33% |
| Eversource Energy (ES)vs › | $25.97B | 2.70% | 2.00% | 1.46% | 1.83% |
| Alliant Energy Corporation (LNT)vs › | $18.81B | 3.31% | 3.09% | 3.22% | 3.34% |
| PPL Corporation (PPL)vs › | $26.58B | 2.63% | 2.38% | 2.17% | 1.21% |
| Talen Energy Corporation (TLN)vs › | $18.60B | -0.19% | 7.17% | 2.73% | 0.24% |
| FirstEnergy Corp. (FE)vs › | $27.05B | 1.87% | 1.85% | 1.71% | 2.02% |
| CenterPoint Energy, Inc. (CNP)vs › | $27.89B | 2.24% | 2.25% | 2.39% | 1.86% |
| Atmos Energy Corporation (ATO)vs › | $28.32B | 4.43% | 4.14% | 3.93% | 3.84% |
Asset Efficiency
ROA
2.8%
ROE
11.7%
CMS Energy Corporation Return on Assets (ROA) Formula & Definition
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation Return on Assets (ROA) FAQ
- What is the return on assets (ROA) for CMS Energy Corporation (CMS)?
- The return on assets (ROA) for CMS stock is 2.75%.
- Is CMS Energy Corporation's return on assets (ROA) high or low?
- CMS Energy Corporation's return on assets (ROA) of 2.75% is in line with its 5-year average of 3.00%, near the low end of its 5-year range (2.55%–4.71%).
- What is the TTM average return on assets (ROA) for CMS Energy Corporation (CMS)?
- The TTM average return on assets (ROA) for CMS stock is 2.72%.
- What is the 3Y average return on assets (ROA) for CMS Energy Corporation (CMS)?
- The 3Y average return on assets (ROA) for CMS stock is 2.69%.
- What is the 5Y average return on assets (ROA) for CMS Energy Corporation (CMS)?
- The 5Y average return on assets (ROA) for CMS stock is 3.00%.
- What is the 10Y average return on assets (ROA) for CMS Energy Corporation (CMS)?
- The 10Y average return on assets (ROA) for CMS stock is 2.76%.
- What is the 15Y average return on assets (ROA) for CMS Energy Corporation (CMS)?
- The 15Y average return on assets (ROA) for CMS stock is 2.60%.
- What is the 20Y average return on assets (ROA) for CMS Energy Corporation (CMS)?
- The 20Y average return on assets (ROA) for CMS stock is 2.42%.
CMS Energy Corporation Return on Assets (ROA) History
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 2.65% |
| 2024-12-31 | 2.79% |
| 2023-12-31 | 2.65% |
| 2022-12-31 | 2.67% |
| 2021-12-31 | 4.71% |
| 2020-12-31 | 2.55% |
| 2019-12-31 | 2.53% |
| 2018-12-31 | 2.68% |
| 2017-12-31 | 2.00% |
| 2016-12-31 | 2.55% |
| 2015-12-31 | 2.57% |
| 2014-12-31 | 2.49% |
| 2013-12-31 | 2.60% |
| 2012-12-31 | 2.23% |
| 2011-12-31 | 2.52% |
| 2010-12-31 | 2.18% |
| 2009-12-31 | 1.50% |
| 2008-12-31 | 1.98% |
| 2007-12-31 | -1.51% |
| 2006-12-31 | -0.51% |
| 2005-12-31 | -0.52% |
| 2004-12-31 | 0.76% |
| 2003-12-31 | -0.33% |
| 2002-12-31 | -4.67% |
| 2001-12-31 | -2.68% |
| 2000-12-31 | 0.23% |
| 1999-12-31 | 1.79% |
| 1998-12-31 | 2.52% |
| 1997-12-31 | 2.49% |
| 1996-12-31 | 2.60% |
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