CMS Energy (FRA:CSG) Gross Profit: €3,054 Mil (TTM As of Jun. 2026)

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FRA:CSG CMS Energy Corp FRA:CSG
76 GF Score
Price €62.58
GF Value €65.76
Valuation Fairly Valued
! 11 Warning Signs
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What is CMS Energy Gross Profit?

CMS Energy FRA:CSG -3.25% 76 Gross Profit is €3,054 Mil as of Jun. 2026. GuruFocus rates FRA:CSG with a GF Score™ of 76/100 and a GF Value™ of €65.76 (Fairly Valued). The stock has 11 warning signs investors should review.

CMS Energy's gross profit for the three months ended in Jun. 2026 was €599 Mil. CMS Energy's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was €3,054 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CMS Energy's gross profit for the three months ended in Jun. 2026 was €599 Mil. CMS Energy's Revenue for the three months ended in Jun. 2026 was €1,588 Mil. Therefore, CMS Energy's Gross Margin % for the quarter that ended in Jun. 2026 was 37.73%.

CMS Energy had a gross margin of 37.73% for the quarter that ended in Jun. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of CMS Energy was 42.70%. The lowest was 32.13%. And the median was 37.39%.


CMS Energy  (FRA:CSG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CMS Energy had a gross margin of 37.73% for the quarter that ended in Jun. 2026 => Competition eroding margins


CMS Energy Gross Profit Related Terms


CMS Energy Gross Profit Historical Data

* Premium members only.

The historical data trend for CMS Energy's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CMS Energy Gross Profit Chart

CMS Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,344.37 2,607.33 2,624.45 3,064.60 3,028.28

CMS Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 619.04 746.35 778.85 929.88 598.92

FRA:CSG vs EVRG, LNT, PPL: Gross Profit Comparison

For the Utilities - Regulated Electric subindustry, CMS Energy's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CMS Energy Gross Profit vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CMS Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where CMS Energy's Gross Profit falls into.


FRA:CSG
76GF Score
CMS Energy Corp FRA:CSG
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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CMS Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

CMS Energy's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=7292.306 - 4264.022
=3,028

CMS Energy's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=1587.572 - 988.652
=599

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,054 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

CMS Energy's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=599 / 1587.572
=37.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of €3,054 Mil mean?
CMS Energy (FRA:CSG) has a Gross Profit of €3,054 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on CMS Energy and its competitors.
Is CMS Energy's Gross Profit too high?
CMS Energy's current Gross Profit is €3,054 Mil. Overall, CMS Energy has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Gross Profit compare to EVRG and LNT?
CMS Energy's Gross Profit of €3,054 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Utilities - Regulated company?
A good Gross Profit depends on the Utilities - Regulated industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on CMS Energy and its competitors. CMS Energy's current Gross Profit is €3,054 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (FRA:CSG) is currently considered Fairly Valued. The stock's GF Value™ is €65.76, compared to a current price of €62.58 — trading 4.8% below its estimated fair value. The current Gross Profit is €3,054 Mil. CMS Energy's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For CMS Energy (FRA:CSG), the current Gross Profit is €3,054 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMS Energy (FRA:CSG) Overvalued in 2026?

Based on GuruFocus' analysis, CMS Energy stock appears to be undervalued. The current stock price of €62.58 is trading 4.8% below its estimated GF Value™ of €65.76. GuruFocus considers CMS Energy to be Fairly Valued.

Key valuation signals for FRA:CSG:

  • Gross Profit: €3,054 Mil
  • GF Value™: €65.76 vs. price of €62.58 (4.8% below fair value)
  • GF Score™: 76/100 with 11 warning signs

No single metric tells the full story. See the FRA:CSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMS Energy Business Description

Address One Energy Plaza, Jackson, MI, USA, 49201
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
76GF Score

Get the complete analysis for FRA:CSG

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€62.58
Price
€65.76
GF Value