CMS Energy Corporation (CMS)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 84.74% | 85.07% | 85.27% | 85.29% | 85.93% | 86.55% | 85.33% | 84.52% | 84.45% | 87.69% | 88.90% | 90.03% | 90.94% | 91.56% | 93.49% | 95.22% | 95.50% | 94.45% | 93.15% | 91.47% |
| Operating profit margin | 19.79% | 19.64% | 18.53% | 18.13% | 16.55% | 14.12% | 13.35% | 12.72% | 14.24% | 13.85% | 14.39% | 15.24% | 15.64% | 17.78% | 19.53% | 19.99% | 19.16% | 19.03% | 19.08% | 18.44% |
| Pretax margin | 15.69% | 16.56% | 15.47% | 15.58% | 13.86% | 10.92% | 10.42% | 9.06% | 10.82% | 16.55% | 17.55% | 18.84% | 19.76% | 14.08% | 15.17% | 14.99% | 13.60% | 13.51% | 13.29% | 12.45% |
| Net profit margin | 13.35% | 14.00% | 13.10% | 13.19% | 11.89% | 9.61% | 9.07% | 8.09% | 9.74% | 15.63% | 16.51% | 17.65% | 18.46% | 12.42% | 13.24% | 12.99% | 11.76% | 11.78% | 11.54% | 10.78% |
The profitability ratios of CMS Energy Corporation have shown mixed trends over the years.
- Gross Profit Margin: The gross profit margin has gradually declined from 91.47% in March 2020 to 84.74% in December 2024, indicating a decreasing trend in the company's ability to generate profits from its core business operations.
- Operating Profit Margin: The operating profit margin fluctuated over the years, with peaks and troughs observed. There was a decline from 19.08% in June 2020 to 13.85% in September 2022, followed by an improvement to 19.79% by December 2024.
- Pretax Margin: The pretax margin exhibited a mixed pattern with significant fluctuations. The margin ranged from 9.06% in June 2023 to 19.76% in December 2021, showing variability in the company's ability to generate profits before taxes.
- Net Profit Margin: The net profit margin also displayed fluctuations, ranging from 8.09% in March 2023 to 18.46% in December 2021. This indicates variability in the company's bottom-line profitability after accounting for all expenses and taxes.
In conclusion, while the profitability ratios of CMS Energy Corporation have shown some unstable trends, it is essential for the company to focus on improving efficiency and controlling costs to enhance overall profitability in the future.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.14% | 4.22% | 3.99% | 3.93% | 3.68% | 3.38% | 3.37% | 3.45% | 3.90% | 3.81% | 3.99% | 4.08% | 3.99% | 4.09% | 4.44% | 4.46% | 4.15% | 4.21% | 4.36% | 4.43% |
| Return on assets (ROA) | 2.79% | 3.01% | 2.82% | 2.86% | 2.65% | 2.30% | 2.29% | 2.19% | 2.67% | 4.30% | 4.58% | 4.72% | 4.71% | 2.86% | 3.01% | 2.90% | 2.55% | 2.61% | 2.63% | 2.59% |
| Return on total capital | 6.82% | 7.27% | 7.43% | 7.94% | 7.60% | 6.86% | 6.76% | 6.54% | 7.20% | 9.63% | 10.32% | 10.31% | 10.43% | 8.22% | 8.78% | 7.79% | 8.09% | 7.23% | 7.19% | 7.31% |
| Return on equity (ROE) | 12.19% | 12.91% | 12.12% | 12.21% | 11.76% | 10.42% | 10.33% | 9.72% | 11.93% | 18.88% | 19.32% | 19.80% | 20.40% | 14.32% | 15.54% | 15.03% | 13.74% | 14.36% | 14.44% | 13.69% |
CMS Energy Corporation's profitability ratios show varying trends over the period analyzed.
- Operating return on assets (Operating ROA) remained relatively stable, starting at 4.43% in March 2020, reaching a peak of 4.46% in March 2021, and then declining to 3.99% by June 2022. It slightly fluctuated thereafter, ending at 4.14% in December 2024.
- Return on assets (ROA) experienced more fluctuation, starting at 2.59% in March 2020, showing an uptrend until reaching a peak of 4.71% in December 2021. However, it showed a declining trend from that point onwards, ending at 2.79% in December 2024.
- Return on total capital showed a similar pattern as Operating ROA, with fluctuations but generally decreasing over the period. It started at 7.31% in March 2020, peaked at 10.43% in December 2021, and then decreased to 6.82% by December 2024.
- Return on equity (ROE) also followed a decreasing trend overall, starting at 13.69% in March 2020, peaking at 20.40% in December 2021, and then declining to 12.19% by December 2024.
Overall, while Operating ROA and ROA showed some stability and fluctuation, Return on total capital and ROE demonstrated a general declining trend over the period analyzed. These trends indicate potential challenges in generating profits relative to assets, capital, and equity during the period under review.