CMS Energy CMS Return on invested capital

Return on invested capital at other companies

Nextra EnergyNEE

5.8%-0.3pp

DTE EnergyDTE

6.1%-1.0pp

EntergyETR

6.5%+0.9pp

PG&EPCG

5.7%+0.5pp

CNP

CenterPoint EnergyCNP

5.9%+0.5pp

Xcel EnergyXEL

4.7%-0.2pp

FAQ

What is CMS Energy's return on invested capital?

CMS Energy (CMS) reported return on invested capital of 5.1% in Q1 2026.

How has CMS Energy's return on invested capital changed year-over-year?

CMS Energy's return on invested capital decreased by 8.2% year-over-year, from 5.6% to 5.1%.

What is the long-term trend for CMS Energy's return on invested capital?

Over 5 years (2020 to 2025), CMS Energy's return on invested capital has grown at a -2.0% compound annual growth rate (CAGR), from 5.9% to 5.3%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.