CMS Energy Corporation (CMS)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,003,000 | 887,000 | 837,000 | 1,353,000 | 755,000 |
| Total stockholders’ equity | US$ in thousands | 8,230,000 | 7,544,000 | 7,015,000 | 6,631,000 | 5,496,000 |
| ROE | 12.19% | 11.76% | 11.93% | 20.40% | 13.74% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,003,000K ÷ $8,230,000K
= 12.19%
CMS Energy Corporation's return on equity (ROE) has shown fluctuations over the past five years.
In 2020, the ROE stood at 13.74%, indicating that for every dollar of shareholders' equity, the company generated a return of 13.74%.
The following year, in 2021, the ROE increased significantly to 20.40%, reflecting improved profitability and efficiency in utilizing shareholder funds.
However, in 2022, there was a decrease in ROE to 11.93%, suggesting a potential decline in profitability or a less efficient use of equity.
The trend continued with ROE remaining relatively stable around the 11-12% range in both 2023 and 2024, indicating a consistent but modest return on equity during those years.
Overall, while CMS Energy Corporation has experienced fluctuations in its ROE over the past five years, the company has managed to maintain a reasonable return on equity, albeit with slight variations in performance.
Peer comparison
Dec 31, 2024