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EBITDA Margin for CMS Energy (CMS)

As of · Reported

Metric

TTM

36.6%

YoY change

−3.54pp

Trough year (2005)

0.4%

Peak year (1985)

100.0%

EBITDA Margin history chart for CMS Energy (CMS) from 1985 to 2025

Latest: 37.3%

EBITDA Margin change chart for CMS Energy (CMS) from 1985 to 2025

Latest: −3.54pp

EBITDA Margin history table for CMS Energy (CMS) from 1985 to 2025

  • 202537.3%-3.54pp
  • 202440.9%+3.65pp
  • 202337.2%+7.59pp
  • 202229.6%-3.62pp
  • 202133.3%-3.47pp
  • 202036.7%+3.32pp
  • 201933.4%+1.91pp
  • 201831.5%-2.00pp
  • 201733.5%+1.12pp
  • 201632.4%+2.30pp
  • 201530.1%+4.71pp
  • 201425.4%-1.77pp
  • 201327.1%+1.41pp
  • 201225.7%+1.64pp
  • 201124.1%-0.73pp
  • 201024.8%+3.23pp
  • 200921.6%+0.60pp
  • 200821.0%+13.92pp
  • 20077.1%+1.29pp
  • 20065.8%+5.37pp
  • 20050.4%-18.27pp
  • 200418.7%+2.48pp
  • 200316.2%+10.80pp
  • 20025.4%-0.89pp
  • 20016.3%-9.05pp
  • 200015.3%-9.74pp
  • 199925.1%+0.59pp
  • 199824.5%-1.17pp
  • 199725.7%-0.79pp
  • 199626.5%-1.72pp
  • 199528.2%+1.75pp
  • 199426.4%-73.57pp
  • 1993100.0%0.00pp
  • 1992100.0%0.00pp
  • 1991100.0%0.00pp
  • 1990100.0%0.00pp
  • 1989100.0%0.00pp
  • 1988100.0%0.00pp
  • 1987100.0%0.00pp
  • 1986100.0%0.00pp
  • 1985100.0%—

EBITDA Margin values are taken from CMS Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at CMS Energy (CMS)

According to CMS Energy's latest reported financial statements, the company's latest reported EBITDA margin is 36.6%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CMS Energy (CMS) most recent annual EBITDA margin stands at 37.32% (2025) – contracted 3.5 percentage points year-over-year.

The highest annual EBITDA margin of 100.00% was reported in 1985. The lowest in the available history was 0.41% in 2005.

CMS Energy EBITDA Margin by Year

CMS Energy EBITDA Margin 2025: 37.3%

CMS Energy EBITDA margin in 2025 was 37.32%, contracted 3.5 percentage points from 2024.

CMS Energy EBITDA Margin 2024: 40.9%

2024's EBITDA margin for CMS Energy came in at 40.86%, expanded 3.6 percentage points from 2023.

CMS Energy EBITDA Margin 2023: 37.2%

CMS Energy posted EBITDA margin of 37.22% in 2023, expanded 7.6 percentage points from 2022.

CMS Energy EBITDA Margin 2022: 29.6%

In 2022, CMS Energy reported EBITDA margin of 29.63%, contracted 3.6 percentage points from 2021.

CMS Energy EBITDA Margin 2021: 33.3%

CMS Energy EBITDA margin in 2021 was 33.25%.

See more financial history for CMS Energy (CMS).

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