Gross Profit for CMS Energy (CMS)
According to CMS Energy's latest reported financial statements, the company's current gross profit (TTM) is $4.16B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CMS
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$4.16B
YoY change
+62.1%
5Y CAGR
+14.6%
Peak year (2000)
$5.89B
Cumulative gross profit
$91.87B
Gross Profit history chart for CMS Energy (CMS) from 1985 to 2025
Gross Profit history table for CMS Energy (CMS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $5.20B | +62.1% | ||
| 2024 | $3.21B | +12.1% | ||
| 2023 | $2.86B | +3.6% | ||
| 2022 | $2.76B | +4.3% | ||
| 2021 | $2.65B | +0.7% | ||
| 2020 | $2.63B | +8.0% | ||
| 2019 | $2.44B | +1.5% | ||
| 2018 | $2.40B | -4.2% | ||
| 2017 | $2.50B | +6.6% | ||
| 2016 | $2.35B | +7.2% | ||
| 2015 | $2.19B | +4.8% | ||
| 2014 | $2.09B | +4.2% | ||
| 2013 | $2.00B | +9.5% | ||
| 2012 | $1.83B | +4.3% | ||
| 2011 | $1.75B | +2.7% | ||
| 2010 | $1.71B | -35.2% | ||
| 2009 | $2.63B | +1.5% | ||
| 2008 | $2.60B | +9.9% | ||
| 2007 | $2.36B | -0.4% | ||
| 2006 | $2.37B | -12.1% | ||
| 2005 | $2.70B | -37.8% | ||
| 2004 | $4.33B | +5.4% | ||
| 2003 | $4.11B | -19.2% | ||
| 2002 | $5.09B | -4.3% | ||
| 2001 | $5.32B | -9.7% | ||
| 2000 | $5.89B | +30.0% | ||
| 1999 | $4.53B | +25.0% | ||
| 1998 | $3.63B | +131.2% | ||
| 1997 | $1.57B | +5.8% | ||
| 1996 | $1.48B | +4.6% | ||
| 1995 | $1.42B | +12.6% | ||
| 1994 | $1.26B | — | ||
| 1993 | $0 | — | ||
| 1992 | $0 | — | ||
| 1991 | $0 | — | ||
| 1990 | $0 | — | ||
| 1989 | $0 | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Gross Profit values are taken from CMS Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for CMS Energy (CMS) came in at $5.20B – surged 62.1% year-over-year.
Through 2020–2025 (5 years), CMS Energy gross profit delivered a +14.6% annualised rate; sustaining 7 straight years of year-over-year growth.
CMS Energy gross profit declined from $5.89B in 2000 to $5.20B in 2025, a 11.7% drawdown.
2000 marks the peak gross profit at $5.89B, with the historical low of $0 recorded in 1985.
Among 8 Utilities peers, CMS Energy (CMS) ranks 8th; the peer median for gross profit is $8.45B.
CMS Energy Gross Profit by Year
CMS Energy Gross Profit 2025: $5.20B
CMS Energy gross profit in 2025 was $5.20B, surged 62.1% from 2024.
CMS Energy Gross Profit 2024: $3.21B
CMS Energy gross profit in 2024 was $3.21B, grew 12.1% from 2023.
CMS Energy Gross Profit 2023: $2.86B
CMS Energy gross profit in 2023 was $2.86B, edged up 3.6% from 2022.
CMS Energy Gross Profit 2022: $2.76B
CMS Energy gross profit in 2022 was $2.76B, edged up 4.3% from 2021.
CMS Energy Gross Profit 2021: $2.65B
CMS Energy gross profit in 2021 was $2.65B.
See more financial history for CMS Energy (CMS).
Sector peers — Gross Profit
Companies in the same sector as CMS Energy, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
Frequently asked questions
What is CMS Energy's gross profit?
- Latest reported gross profit for CMS Energy (CMS) is $4.16B (period ending March 31, 2026).
How has CMS Energy gross profit changed year-over-year?
- CMS Energy (CMS) gross profit changed +62.1% year-over-year on the latest annual filing.
What is the long-term growth rate of CMS Energy gross profit?
- CMS Energy (CMS) gross profit compound annual growth rate is +14.6% over the most recent 5 years available.
When did CMS Energy gross profit hit its highest annual value?
- CMS Energy gross profit reached its highest annual value of $5.89B in 2000.
What was CMS Energy gross profit in 2024?
- CMS Energy (CMS) gross profit in 2024 was $3.21B.
What was CMS Energy gross profit in 2025?
- CMS Energy (CMS) gross profit in 2025 was $5.20B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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