CMS Energy Corporation (CMS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,487,000 | 1,235,000 | 1,224,000 | 1,146,000 | 1,230,000 |
| Revenue | US$ in thousands | 7,515,000 | 7,462,000 | 8,596,000 | 7,329,000 | 6,418,000 |
| Operating profit margin | 19.79% | 16.55% | 14.24% | 15.64% | 19.16% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,487,000K ÷ $7,515,000K
= 19.79%
To analyze CMS Energy Corporation's operating profit margin over the years, we observe a fluctuation in performance:
- As of December 31, 2020, the operating profit margin stood at 19.16%, indicating a healthy level of profitability.
- By December 31, 2021, the margin decreased to 15.64%, suggesting a decrease in operational efficiency or an increase in operating expenses relative to revenue.
- This downward trend continued into December 31, 2022, with the operating profit margin decreasing further to 14.24%, indicating potential challenges in controlling costs or optimizing revenue generation.
- However, by December 31, 2023, there was a recovery in performance as the operating profit margin improved to 16.55%, indicating a potential turnaround in operational efficiency.
- The most recent data as of December 31, 2024, showed a notable improvement to 19.79%, signaling a significant increase in profitability.
In summary, while there were fluctuations in CMS Energy Corporation's operating profit margin over the years, the latest data suggests a positive momentum with a significant improvement in profitability. It is essential for stakeholders to monitor these ratios closely to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2024