CMS ENERGY CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | — | 15.6% | 18.5% |
| FY2022 | — | 14.2% | 9.7% |
| FY2023 | — | 16.6% | 11.9% |
| FY2024 | — | 19.8% | 13.3% |
| FY2025 | — | 20.2% | 12.5% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | — | 15.6% | 18.5% |
| FY2022 | — | 14.2% | 9.7% |
| FY2023 | — | 16.6% | 11.9% |
| FY2024 | — | 19.8% | 13.3% |
| FY2025 | — | 20.2% | 12.5% |