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Consumers Energy Co (Consumers Energy Co) Pretax Margin % : 16.17% (As of Mar. 2024)


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What is Consumers Energy Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Consumers Energy Co's Pre-Tax Income for the three months ended in Mar. 2024 was $339.00 Mil. Consumers Energy Co's Revenue for the three months ended in Mar. 2024 was $2,097.00 Mil. Therefore, Consumers Energy Co's pretax margin for the quarter that ended in Mar. 2024 was 16.17%.

The historical rank and industry rank for Consumers Energy Co's Pretax Margin % or its related term are showing as below:

CMSpB.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: -2.73   Med: 8.75   Max: 13.92
Current: 13.92


CMSpB.PFD's Pretax Margin % is not ranked
in the Utilities - Regulated industry.
Industry Median: 10.9 vs CMSpB.PFD: 13.92

Consumers Energy Co Pretax Margin % Historical Data

The historical data trend for Consumers Energy Co's Pretax Margin % 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.

* Premium members only.

Consumers Energy Co Pretax Margin % Chart

Consumers Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.55 15.98 14.58 13.31 14.35

Consumers Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 12.22 13.54 13.35 18.35 16.17

Competitive Comparison of Consumers Energy Co's Pretax Margin %

For the Utilities - Regulated Electric subindustry, Consumers Energy Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Consumers Energy Co's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consumers Energy Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Consumers Energy Co's Pretax Margin % falls into.



Consumers Energy Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Consumers Energy Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1028/7166
=14.35 %

Consumers Energy Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=339/2097
=16.17 %

* 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.


Consumers Energy Co  (NYSE:CMSpB.PFD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Consumers Energy Co Pretax Margin % Related Terms

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Consumers Energy Co (Consumers Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
One Energy Plaza, Jackson, MI, USA, 49201
Consumers Energy Co operates as an electric and gas utility in Michigan. The business activity of the group is functioned through three segments namely Electric Utility, Gas Utility, and Enterprises, its non-utility operations and investments. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity. The Gas Utility segment is comprised of the purchase, transmission, storage, distribution, and sale of natural gas. The group primarily serves residential, commercial, and industrial customers. Geographically, it operates through the region of Michigan, US.
Executives
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Tonya L Berry officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Scott B Mcintosh officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
Leeroy Jr Wells officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Ronald J Tanski director NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Shaun M Johnson officer: SVP and General Counsel ONE ENERGY PLAZA, JACKSON MI 49201
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Brandon J. Hofmeister officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Rejji P Hayes officer: EVP/CFO ONE ENERGY PLAZA, JACKSON MI 49201
Jean-francois Brossoit officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Catherine A Hendrian officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Dhenuvakonda Rao Venkat officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Brian F Rich officer: SVP and CIO ONE ENERGY PLAZA, JACKSON MI 49201
John G Sznewajs director 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Garrick J Rochow officer: Vice President ONE ENERGY PLAZA, JACKSON MI 49201

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