CMS ENERGY CORPORATION (CMSA) Operating margin 2016–2025
CMS ENERGY CORPORATION (CMSA) operating margin by fiscal year — reported operating income divided by reported revenue.
20.8%FY2025 · since FY2016: 19.6% → 20.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 20.8% | +0.5 pp |
| FY2024 | 20.3% | +3.3 pp |
| FY2023 | 17.0% | +2.3 pp |
| FY2022 | 14.7% | -1.5 pp |
| FY2021 | 16.2% | -3.5 pp |
| FY2020 | 19.7% | +2.3 pp |
| FY2019 | 17.4% | -0.5 pp |
| FY2018 | 17.9% | -2.5 pp |
| FY2017 | 20.3% | +0.7 pp |
| FY2016 | 19.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice