CMS Energy Corp.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | — | 15.4% | 6.4% |
| FY2012 | — | 16.0% | 6.1% |
| FY2013 | — | 17.3% | 6.8% |
| FY2014 | — | 16.0% | 6.6% |
| FY2015 | — | 18.2% | 8.1% |
| FY2016 | — | 19.7% | 8.6% |
| FY2017 | — | 20.4% | 7.0% |
| FY2018 | — | 16.8% | 9.5% |
| FY2019 | — | 16.3% | 9.9% |
| FY2020 | — | 18.5% | 11.3% |