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Cms energy Corporation  (CMS)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


Cms Energy's ROA from the second quarter of 2023 to the second quarter of 2020 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Cms Energy's ROA in the second quarter of 2023?
Cms energy Corporation achieved a return on average assets (ROA) of 2.78 % in its second quarter of 2023, this is above CMS's average return on assets of 1.59%.
Cms Energy Corporations assets during the 12 months ending in the second quarter of 2023 are valued at $31 billion

ROA has improved compared to 2.74% in the third quarter of 2021, due to net income growth.

However, within the Utilities sector 53 other companies had a higher return on assets. While the total ranking for ROA unchanged, relative to the third quarter of 2021 at no. .

What is ROA?


Return On Assets (Jun 30 2023)
II. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
Y / Y Total Assets Change 7.05 % 11.13 % 9.24 % 3.03 % 1.66 %
Y / Y Net Income Change 17.28 % -12.86 % 24.82 % 40.74 % -3.57 %
Net Income (TTM) in million 886 858 885 851 752
Return On Assets (TTM) 2.78 % 2.74 % 2.9 % 2.85 % 2.54 %
CMS's Total Ranking # # # 1795 # 1776 # 1577
Total Assets (TTM) in million 32,483 32,241 31,363 31,330 30,344
Seq. Total Assets Change 0.75 % 2.8 % 0.11 % 3.25 % 4.59 %
Seq. Net Income Change 3.83 % 7.02 % -50 % 111.11 % -22.86 %



Return On Assets Company Ranking
Within: No.
Industry # 23
Sector # 54
Overall # 1917

Return On Assets Statistics
High Average Low
2.86 %
1.59 %
-2.05 %
  (June 30. 2007)





Financial Statements
Cms Energy's Assets $ 32,483 million CMS's Balance sheet
Cms Energy's Income $ 190 million Quarterly CMS's Income Statement
CMS's Income by Division See CMS's Income by Division



Annual Return On Assets (Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2017)
FY 2017
(Dec 31 2016)
FY 2016
(Dec 31 2015)
FY 2015
Y / Y Total Assets Change 5.98 % 10.57 % 9.46 % 11.72 % 6.63 %
Total Assets in million 31,330 29,561 26,735 24,425 21,863
Y / Y Net Income Change 10.26 % 47.62 % -16.46 % 5.33 % 9.6 %
Net Income in million 752 682 462 553 525
Return On Assets 2.4 % 2.31 % 1.73 % 2.26 % 2.4 %




Comment on CMS's ROA in the fiscal year ending 2020
In the fiscal year 2020 ROA improved to 2.4 % compared to prior year, due to annual net income growth of 10.26 % to $752.00 million, while value of Cms Energy's overall assets grew just by 5.98 % to $31,330.00 million, compared to $31,330.00 a year before.


More Return On Assets Ratios
CMS's' Return on Assets at Yahoo Finance
Electric Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
CMS's Roa Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CMS's Competitors
Roa for Cms Energy's Suppliers
Return On Assets for CMS's Customers

You may also want to know
CMS's Roi CMS's Inventory Turnover Ratio CMS's Growth Rates CMS's Dividend Comparisons
CMS's Profitability Ratios CMS's Asset Turnover Ratio CMS's Dividend Growth
CMS's Roe CMS's Valuation Ratios CMS's Financial Strength Ratios CMS's Dividend Payout Ratio



Companies with similar Return On Assets at Jun 30 2023, within Utilities Sector ROA
Transcontinental Gas Pipe Line Company Llc  7.51 %
Pure Cycle Corporation  7.22 %
Consolidated Water Co ltd   7.10 %
National Fuel Gas Company  6.99 %
Antero Midstream Corporation  5.87 %
Enlink Midstream Llc  5.75 %
Plains All American Pipeline Lp  5.75 %
Public Service Enterprise Group Incorporated  5.69 %
Williams Companies Inc   5.68 %
Plains Gp Holdings Lp  5.19 %
Energy Transfer Lp  5.17 %
Vistra Corp   4.96 %
New Fortress Energy Inc   4.84 %
Mge Energy Inc   4.55 %
Atmos Energy Corp  4.45 %
New Jersey Resources Corporation  4.43 %
Nextera Energy Inc  4.42 %
Dt Midstream Inc   4.37 %
Montauk Renewables Inc   4.37 %
Northwest Natural Holding Company  4.34 %
York Water Co  4.07 %
Chesapeake Utilities Corporation  4.02 %
Excelerate Energy Inc  3.99 %
Consolidated Edison Inc   3.75 %
Kinder Morgan Inc   3.74 %
Boardwalk Pipeline Partners Lp  3.71 %
Sempra  3.63 %
Idacorp Inc   3.56 %
Oge Energy Corp   3.48 %
Wisconsin Public Service Corporation  3.47 %


Date modified: 2023-07-27T18:36:19+00:00


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