CMS Energy Corporation (CMS) Tax Rate: 19.71%
Is CMS Energy Corporation’s tax rate high or low?
CMS Energy Corporation's tax rate of 19.71% is 36% above its 5-year average of 14.48%, near the high end of its 5-year range (10.31%–19.71%).
11.42% above its 12-month average of 17.69%.
CMS Tax Rate Chart
CMS Average Tax Rate Chart
CMS Current vs Average Tax Rate Chart
CMS Tax Rate Metrics
TAX RATE
19.71%
TAX RATE AVG TTM
17.69%
TAX RATE AVG 3Y
15.28%
TAX RATE AVG 5Y
14.48%
TAX RATE AVG 10Y
21.26%
TAX RATE AVG 15Y
26.06%
TAX RATE AVG 20Y
31.35%
CURRENT VS TTM AVG
+11.42%
CURRENT VS 3Y AVG
+29.03%
CURRENT VS 5Y AVG
+36.15%
CURRENT VS 10Y AVG
-7.28%
CURRENT VS 15Y AVG
-24.37%
CURRENT VS 20Y AVG
-37.12%
CMS Energy Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation Tax Rate FAQ
- What is the tax rate for CMS Energy Corporation (CMS)?
- The tax rate for CMS stock is 19.71%.
- Is CMS Energy Corporation's tax rate high or low?
- CMS Energy Corporation's tax rate of 19.71% is 36% above its 5-year average of 14.48%, near the high end of its 5-year range (10.31%–19.71%).
- What is the TTM average tax rate for CMS Energy Corporation (CMS)?
- The TTM average tax rate for CMS stock is 17.69%.
- What is the 3Y average tax rate for CMS Energy Corporation (CMS)?
- The 3Y average tax rate for CMS stock is 15.28%.
- What is the 5Y average tax rate for CMS Energy Corporation (CMS)?
- The 5Y average tax rate for CMS stock is 14.48%.
- What is the 10Y average tax rate for CMS Energy Corporation (CMS)?
- The 10Y average tax rate for CMS stock is 21.26%.
- What is the 15Y average tax rate for CMS Energy Corporation (CMS)?
- The 15Y average tax rate for CMS stock is 26.06%.
- What is the 20Y average tax rate for CMS Energy Corporation (CMS)?
- The 20Y average tax rate for CMS stock is 31.35%.
CMS Energy Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 19.71% |
| 2024-12-31 | 15.67% |
| 2023-12-31 | 15.41% |
| 2022-12-31 | 10.31% |
| 2021-12-31 | 11.54% |
| 2020-12-31 | 14.22% |
| 2019-12-31 | 17.15% |
| 2018-12-31 | 14.86% |
| 2017-12-31 | 47.86% |
| 2016-12-31 | 33.05% |
| 2015-12-31 | 34.05% |
| 2014-12-31 | 34.29% |
| 2013-12-31 | 39.95% |
| 2012-12-31 | 39.39% |
| 2011-12-31 | 31.52% |
| 2010-12-31 | 37.97% |
| 2009-12-31 | 34.33% |
| 2008-12-31 | 31.59% |
| 2007-12-31 | 60.75% |
| 2006-12-31 | 58.57% |
| 2005-12-31 | 56.07% |
| 2004-12-31 | -4.10% |
| 2003-12-31 | 386.67% |
| 2002-12-31 | 9.43% |
| 2001-12-31 | 22.33% |
| 2000-12-31 | 56.82% |
| 1999-12-31 | 17.80% |
| 1998-12-31 | 29.24% |
| 1997-12-31 | 30.68% |
| 1996-12-31 | 37.95% |
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