Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 10.50% is 12% below its 5-year average of 11.98%, near the low end of its 5-year range (9.72%–20.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.36% below its 12-month average of 11.58%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.50%.
RETURN ON EQUITY (ROE)
10.50%
RETURN ON EQUITY (ROE) AVG TTM
11.58%
RETURN ON EQUITY (ROE) AVG 3Y
12.08%
RETURN ON EQUITY (ROE) AVG 5Y
11.98%
RETURN ON EQUITY (ROE) AVG 10Y
12.48%
RETURN ON EQUITY (ROE) AVG 15Y
12.59%
RETURN ON EQUITY (ROE) AVG 20Y
12.26%
CURRENT VS TTM AVG
-9.36%
CURRENT VS 3Y AVG
-13.12%
CURRENT VS 5Y AVG
-12.34%
CURRENT VS 10Y AVG
-15.86%
CURRENT VS 15Y AVG
-16.60%
CURRENT VS 20Y AVG
-14.40%
SECTOR MEDIAN · UTILITIES
9.41%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+11.55%
vs the sector median at left
CMS Energy Corporation
Market Cap
$20.81B
Return on Equity (ROE)
10.50%
TTM Avg
11.58%
3Y Avg
12.08%
5Y Avg
11.98%
Market Cap
$21.23B
Return on Equity (ROE)
21.90%
TTM Avg
17.93%
3Y Avg
12.55%
5Y Avg
10.37%
Market Cap
$22.82B
Return on Equity (ROE)
17.49%
TTM Avg
48.40%
3Y Avg
30.44%
5Y Avg
35.48%
Market Cap
$18.63B
Return on Equity (ROE)
9.06%
TTM Avg
8.57%
3Y Avg
8.16%
5Y Avg
8.21%
Market Cap
$17.18B
Return on Equity (ROE)
10.85%
TTM Avg
10.45%
3Y Avg
10.55%
5Y Avg
10.73%
Market Cap
$25.17B
Return on Equity (ROE)
8.41%
TTM Avg
7.13%
3Y Avg
6.25%
5Y Avg
4.20%
Market Cap
$25.28B
Return on Equity (ROE)
9.53%
TTM Avg
9.49%
3Y Avg
9.75%
5Y Avg
7.58%
Market Cap
$25.51B
Return on Equity (ROE)
8.87%
TTM Avg
7.92%
3Y Avg
5.45%
5Y Avg
6.46%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $20.81B | 10.50% | 11.58% | 12.08% | 11.98% |
| Edison International (EIX)vs › | $21.23B | 21.90% | 17.93% | 12.55% | 10.37% |
| NiSource Inc (NI)vs › | $19.57B | 9.45% | 9.30% | 9.46% | 7.66% |
| NRG Energy, Inc. (NRG)vs › | $22.82B | 17.49% | 48.40% | 30.44% | 35.48% |
| Evergy, Inc. (EVRG)vs › | $18.63B | 9.06% | 8.57% | 8.16% | 8.21% |
| Alliant Energy Corporation (LNT)vs › | $17.18B | 10.85% | 10.45% | 10.55% | 10.73% |
| PPL Corporation (PPL)vs › | $25.17B | 8.41% | 7.13% | 6.25% | 4.20% |
| CenterPoint Energy, Inc. (CNP)vs › | $25.28B | 9.53% | 9.49% | 9.75% | 7.58% |
| Eversource Energy (ES)vs › | $25.51B | 8.87% | 7.92% | 5.45% | 6.46% |
| FirstEnergy Corp. (FE)vs › | $26.33B | 8.40% | 8.00% | 7.64% | 10.04% |
ROE
10.5%
ROA
2.5%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 10.50% |
| 2026-03-31 | 11.69% |
| 2025-12-31 | 11.71% |
| 2025-09-30 | 11.81% |
| 2025-06-30 | 12.19% |
| 2025-03-31 | 12.24% |
| 2024-12-31 | 12.19% |
| 2024-09-30 | 12.91% |
| 2024-06-30 | 12.12% |
| 2024-03-31 | 12.21% |
| 2023-12-31 | 11.76% |
| 2023-09-30 | 10.42% |
| 2023-06-30 | 10.33% |
| 2023-03-31 | 9.72% |
| 2022-12-31 | 11.93% |
| 2022-09-30 | 18.88% |
| 2022-06-30 | 19.32% |
| 2022-03-31 | 19.80% |
| 2021-12-31 | 20.40% |
| 2021-09-30 | 14.32% |
| 2021-06-30 | 15.54% |
| 2021-03-31 | 15.03% |
| 2020-12-31 | 13.74% |
| 2020-09-30 | 14.36% |
| 2020-06-30 | 14.44% |
| 2020-03-31 | 13.69% |
| 2019-12-31 | 13.55% |
| 2019-09-30 | 12.53% |
| 2019-06-30 | 12.02% |
| 2019-03-31 | 12.95% |
| 2018-12-31 | 13.82% |
| 2018-09-30 | 11.50% |
| 2018-06-30 | 11.75% |
| 2018-03-31 | 10.92% |
| 2017-12-31 | 10.36% |
| 2017-09-30 | 11.91% |
| 2017-06-30 | 12.45% |
| 2017-03-31 | 13.41% |
| 2016-12-31 | 12.96% |
| 2016-09-30 | 13.62% |
| 2016-06-30 | 13.04% |
| 2016-03-31 | 11.80% |
| 2015-12-31 | 13.28% |
| 2015-09-30 | 13.15% |
| 2015-06-30 | 12.02% |
| 2015-03-31 | 12.49% |
| 2014-12-31 | 13.00% |
| 2014-09-30 | 13.16% |
| 2014-06-30 | 14.13% |
| 2014-03-31 | 14.15% |
| 2013-12-31 | 13.09% |
| 2013-09-30 | 12.28% |
| 2013-06-30 | 13.21% |
| 2013-03-31 | 13.88% |
| 2012-12-31 | 11.96% |
| 2012-09-30 | 11.14% |
| 2012-05-30 | 11.15% |
| 2012-03-31 | 11.38% |
| 2011-12-31 | 13.71% |
| 2011-09-30 | 13.11% |
| 2011-06-30 | 13.69% |
| 2011-03-31 | 13.40% |
| 2010-12-31 | 12.17% |
| 2010-09-30 | 11.34% |
| 2010-06-30 | 5.97% |
| 2010-03-31 | 8.28% |
| 2009-12-31 | 7.92% |
| 2009-09-30 | 10.78% |
| 2009-06-30 | 7.61% |
| 2009-03-31 | 9.45% |
| 2008-12-31 | 10.98% |
| 2008-09-30 | 4.07% |
| 2008-06-30 | 4.29% |
| 2008-03-31 | 4.11% |
| 2007-12-31 | -9.03% |
| 2007-09-30 | -4.76% |
| 2007-06-30 | -12.44% |
| 2007-03-31 | -11.06% |
| 2006-12-31 | -3.17% |
| 2006-09-30 | -2.09% |
| 2006-06-30 | -8.11% |
| 2006-03-31 | -10.13% |
| 2005-12-31 | -3.25% |
| 2005-09-30 | -1.32% |
| 2005-06-30 | 10.30% |
| 2005-03-31 | 11.07% |
| 2004-12-31 | 5.10% |
| 2004-09-30 | 4.02% |
| 2004-06-30 | -3.35% |
| 2004-03-31 | -8.41% |
| 2003-12-31 | -3.34% |
| 2003-09-30 | -75.83% |
| 2003-06-30 | -76.73% |
