
Current Net Margin
12.94%
CMS Energy Corporation currently has a net profit margin of 12.94%.
Financial Fundamentals
CMS • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 2.23 | 0.29 | 12.94% | ▼76 |
| 2025-09-30 | 2.02 | 0.28 | 13.71% | ▲277 |
| 2025-06-30 | 1.84 | 0.20 | 10.94% | ▼149 |
| 2025-03-31 | 2.45 | 0.30 | 12.42% | ▼90 |
| 2024-12-31 | 1.99 | 0.27 | 13.32% | ▼119 |
| 2024-09-30 | 1.74 | 0.25 | 14.52% | ▲219 |
| 2024-06-30 | 1.61 | 0.20 | 12.32% | ▼87 |
| 2024-03-31 | 2.18 | 0.29 | 13.19% | ▼266 |
| 2023-12-31 | 1.95 | 0.31 | 15.85% | ▲533 |
| 2023-09-30 | 1.67 | 0.18 | 10.52% | ▼221 |
| 2023-06-30 | 1.55 | 0.20 | 12.73% | ▲380 |
| 2023-03-31 | 2.28 | 0.20 | 8.93% | ▲143 |
| 2022-12-31 | 2.28 | 0.17 | 7.51% | ▼65 |
| 2022-09-30 | 2.02 | 0.17 | 8.15% | ▲44 |
| 2022-06-30 | 1.92 | 0.15 | 7.71% | ▼716 |
| 2022-03-31 | 2.37 | 0.35 | 14.87% | ▼1656 |
| 2021-12-31 | 2.03 | 0.64 | 31.43% | ▲2047 |
| 2021-09-30 | 1.73 | 0.19 | 10.96% | ▼34 |
| 2021-06-30 | 1.56 | 0.18 | 11.30% | ▼604 |
| 2021-03-31 | 2.01 | 0.35 | 17.34% | ▲855 |
| 2020-12-31 | 1.80 | 0.16 | 8.79% | ▼568 |
| 2020-09-30 | 1.51 | 0.22 | 14.47% | ▲463 |
| 2020-06-30 | 1.38 | 0.14 | 9.84% | ▼320 |
| 2020-03-31 | 1.86 | 0.24 | 13.04% | ▲373 |
| 2019-12-31 | 1.79 | 0.17 | 9.30% | ▼409 |
| 2019-09-30 | 1.55 | 0.21 | 13.39% | ▲695 |
| 2019-06-30 | 1.45 | 0.09 | 6.44% | ▼391 |
| 2019-03-31 | 2.06 | 0.21 | 10.34% | ▲444 |
| 2018-12-31 | 1.83 | 0.11 | 5.90% | ▼466 |
| 2018-09-30 | 1.60 | 0.17 | 10.57% | ▲125 |
| 2018-06-30 | 1.49 | 0.14 | 9.32% | ▼302 |
| 2018-03-31 | 1.95 | 0.24 | 12.34% | ▲1251 |
| 2017-12-31 | 1.78 | -0.00 | -0.17% | ▼1143 |
| 2017-09-30 | 1.53 | 0.17 | 11.26% | ▲491 |
| 2017-06-30 | 1.45 | 0.09 | 6.35% | ▼453 |
| 2017-03-31 | 1.83 | 0.20 | 10.88% | ▲619 |
| 2016-12-31 | 1.64 | 0.08 | 4.70% | ▼703 |
| 2016-09-30 | 1.59 | 0.19 | 11.72% | ▲268 |
| 2016-06-30 | 1.37 | 0.12 | 9.04% | ▼6 |
| 2016-03-31 | 1.80 | 0.16 | 9.11% | ▲208 |
| 2015-12-31 | 1.51 | 0.11 | 7.02% | ▼294 |
| 2015-09-30 | 1.49 | 0.15 | 9.96% | ▲500 |
| 2015-06-30 | 1.35 | 0.07 | 4.96% | ▼461 |
| 2015-03-31 | 2.11 | 0.20 | 9.57% | ▲411 |
| 2014-12-31 | 1.76 | 0.10 | 5.46% | ▼111 |
| 2014-09-30 | 1.43 | 0.09 | 6.57% | ▲92 |
| 2014-06-30 | 1.47 | 0.08 | 5.65% | ▼243 |
| 2014-03-31 | 2.52 | 0.20 | 8.09% | ▲221 |
| 2013-12-31 | 1.74 | 0.10 | 5.88% | ▼284 |
| 2013-09-30 | 1.45 | 0.13 | 8.72% | ▲303 |
| 2013-06-30 | 1.41 | 0.08 | 5.69% | ▼159 |
| 2013-03-31 | 1.98 | 0.14 | 7.28% | ▲326 |
| 2012-12-31 | 1.67 | 0.07 | 4.01% | ▼581 |
| 2012-09-30 | 1.51 | 0.15 | 9.82% | ▲232 |
| 2012-05-30 | 1.33 | 0.10 | 7.50% | ▲366 |
| 2012-03-31 | 1.74 | 0.07 | 3.84% | ▲131 |
| 2011-12-31 | 1.62 | 0.04 | 2.53% | ▼696 |
| 2011-09-30 | 1.46 | 0.14 | 9.49% | ▲216 |
| 2011-06-30 | 1.36 | 0.10 | 7.33% | ▲76 |
| 2011-03-31 | 2.06 | 0.14 | 6.57% | ▲508 |
| 2010-12-31 | 1.68 | 0.03 | 1.49% | ▼856 |
| 2010-09-30 | 1.44 | 0.14 | 10.05% | ▲393 |
| 2010-06-30 | 1.34 | 0.08 | 6.12% | ▲165 |
| 2010-03-31 | 1.97 | 0.09 | 4.47% | ▲416 |
| 2009-12-31 | 1.60 | 0.01 | 0.31% | ▼515 |
| 2009-09-30 | 1.26 | 0.07 | 5.46% | ▼90 |
| 2009-06-30 | 1.23 | 0.08 | 6.37% | ▲290 |
| 2009-03-31 | 2.10 | 0.07 | 3.47% | 0 |
| 2008-12-31 | 1.84 | 0.06 | 3.47% | ▼220 |
| 2008-09-30 | 1.43 | 0.08 | 5.67% | ▲223 |
| 2008-06-30 | 1.36 | 0.05 | 3.44% | ▼136 |
| 2008-03-31 | 2.18 | 0.10 | 4.81% | ▲1222 |
| 2007-12-31 | 1.67 | -0.12 | -7.41% | ▼1396 |
| 2007-09-30 | 1.28 | 0.08 | 6.55% | ▲382 |
| 2007-06-30 | 1.32 | 0.04 | 2.73% | ▲1237 |
| 2007-03-31 | 2.19 | -0.21 | -9.64% | ▼813 |
| 2006-12-31 | 1.92 | -0.03 | -1.51% | ▲633 |
| 2006-09-30 | 1.29 | -0.10 | -7.84% | ▼1399 |
| 2006-06-30 | 1.22 | 0.07 | 6.15% | ▲737 |
| 2006-03-31 | 1.97 | -0.02 | -1.22% | ▼106 |
| 2005-12-31 | 1.87 | -0.00 | -0.16% | ▲1954 |
| 2005-09-30 | 1.33 | -0.26 | -19.70% | ▼2214 |
| 2005-06-30 | 1.23 | 0.03 | 2.44% | ▼580 |
| 2005-03-31 | 1.84 | 0.15 | 8.24% | ▲523 |
| 2004-12-31 | 1.56 | 0.05 | 3.01% | ▼254 |
| 2004-09-30 | 1.06 | 0.06 | 5.55% | ▲381 |
| 2004-06-30 | 1.09 | 0.02 | 1.74% | ▲208 |
| 2004-03-31 | 1.75 | -0.01 | -0.34% | ▼27 |
| 2003-12-31 | 1.45 | -0.00 | -0.07% | ▲652 |
| 2003-09-30 | 1.05 | -0.07 | -6.59% | ▼82 |
| 2003-06-30 | 1.13 | -0.07 | -5.77% | ▼994 |
| 2003-03-31 | 1.97 | 0.08 | 4.17% | ▲2629 |
| 2002-12-31 | 4.40 | -0.97 | -22.13% | ▼2359 |
| 2002-09-30 | 2.53 | 0.04 | 1.46% | ▲493 |
| 2002-06-30 | 2.13 | -0.07 | -3.47% | ▼532 |
| 2002-03-31 | 2.26 | 0.04 | 1.86% | ▼550 |
| 2001-12-31 | -1.88 | -0.14 | 7.36% | ▲5005 |
| 2001-09-30 | 1.33 | -0.57 | -42.69% | ▼4513 |
| 2001-06-30 | 2.17 | 0.05 | 2.45% | ▼19 |
| 2001-03-31 | 4.13 | 0.11 | 2.64% | ▲831 |
| 2000-12-31 | 3.18 | -0.18 | -5.67% | ▼796 |
| 2000-09-30 | 2.40 | 0.06 | 2.30% | ▼265 |
| 2000-06-30 | 1.60 | 0.08 | 4.95% | ▲57 |
| 2000-03-31 | 1.83 | 0.08 | 4.38% | ▲316 |
| 1999-12-31 | 1.72 | 0.02 | 1.22% | ▼444 |
| 1999-09-30 | 1.47 | 0.08 | 5.66% | ▲3 |
| 1999-06-30 | 1.33 | 0.07 | 5.63% | ▼75 |
| 1999-03-31 | 1.54 | 0.10 | 6.38% | ▲260 |
| 1998-12-31 | 1.35 | 0.05 | 3.78% | ▼252 |
| 1998-09-30 | 1.29 | 0.08 | 6.30% | ▲56 |
| 1998-06-30 | 1.13 | 0.07 | 5.74% | ▼66 |
| 1998-03-31 | 1.37 | 0.09 | 6.40% | ▲181 |
| 1997-12-31 | 1.39 | 0.06 | 4.59% | ▼123 |
| 1997-09-30 | 1.03 | 0.06 | 5.83% | ▲123 |
| 1997-06-30 | 1.02 | 0.05 | 4.60% | ▼189 |
| 1997-03-31 | 1.29 | 0.08 | 6.49% | ▲277 |
| 1996-12-31 | 1.18 | 0.04 | 3.72% | ▼252 |
| 1996-09-30 | 0.93 | 0.06 | 6.24% | ▲91 |
| 1996-06-30 | 0.94 | 0.05 | 5.33% | ▼153 |
| 1996-03-31 | 1.28 | 0.09 | 6.86% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.