CMS ENERGY CORP (CMSC) Return on equity 2016–2025
CMS ENERGY CORP (CMSC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
11.7%FY2025 · since FY2016: 13.0% → 11.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 11.7% | -0.5 pp |
| FY2024 | 12.2% | +0.4 pp |
| FY2023 | 11.8% | -0.2 pp |
| FY2022 | 11.9% | -8.5 pp |
| FY2021 | 20.4% | +6.7 pp |
| FY2020 | 13.7% | +0.2 pp |
| FY2019 | 13.6% | -0.3 pp |
| FY2018 | 13.8% | +3.5 pp |
| FY2017 | 10.4% | -2.6 pp |
| FY2016 | 13.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More CMSC financial trends
CMSC RevenueCMSC Net incomeCMSC Net marginCMSC Gross profitCMSC Gross marginCMSC Operating incomeCMSC Operating marginCMSC Operating cash flowCMSC Free cash flowCMSC Capital expendituresCMSC Stock buybacksCMSC Dividends paidCMSC Total assetsCMSC Total liabilitiesCMSC Shareholders’ equityCMSC overview →