CMS Energy Corporation (CMS)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,003,000 | 1,047,000 | 970,000 | 970,000 | 887,000 | 749,000 | 738,000 | 688,000 | 837,000 | 1,305,000 | 1,329,000 | 1,357,000 | 1,353,000 | 872,000 | 901,000 | 861,000 | 755,000 | 764,000 | 753,000 | 710,000 |
| Total assets | US$ in thousands | 35,920,000 | 34,817,000 | 34,355,000 | 33,901,000 | 33,517,000 | 32,513,000 | 32,265,000 | 31,386,000 | 31,353,000 | 30,372,000 | 29,040,000 | 28,740,000 | 28,753,000 | 30,513,000 | 29,953,000 | 29,723,000 | 29,666,000 | 29,280,000 | 28,581,000 | 27,447,000 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,003,000K ÷ $35,920,000K
= 2.79%
CMS Energy Corporation's return on assets (ROA) has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ROA started at 2.59% in March 2020, increased steadily to reach its peak at 4.72% by June 30, 2022, and then experienced a decline to 2.79% by December 31, 2024.
Overall, the trend indicates variability in the company's ability to generate profits relative to its total assets. Peaks and troughs in ROA suggest changes in operational efficiency, profitability, and asset utilization, which may be influenced by various factors such as economic conditions, management decisions, and industry dynamics. Analyzing these fluctuations can provide insights into the company's financial performance and strategic direction.
Peer comparison
Dec 31, 2024