Pre-tax margin is the percentage of revenue left as profit after every expense except income tax. It is income before income tax divided by revenue, and the table shows both amounts beside the percentage. It sits between operating margin and net margin: it includes interest and other non-operating items but not the tax charge, so the gap down to net margin is the tax burden. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.
CMS ENERGY CORP pre-tax margin for the quarter ending 2026-06-30 was 7.05%, a 49.16% decline year-over-year.
CMS ENERGY CORP pre-tax margin for the quarter ending 2026-03-31 was 13.26%, a 9.36% decline year-over-year.
CMS ENERGY CORP pre-tax margin for the quarter ending 2025-12-31 was 13.21%, a 14.13% decline year-over-year.
CMS ENERGY CORP pre-tax margin for the quarter ending 2025-09-30 was 16.82%, a 7.41% increase year-over-year.
CMS ENERGY CORP pre-tax margin for fiscal 2025 was 14.62%, a 2.20% decline from fiscal 2024.
CMS ENERGY CORP pre-tax margin for fiscal 2024 was 14.94%, a 16.88% increase from fiscal 2023.
CMS ENERGY CORP pre-tax margin for fiscal 2023 was 12.78%, a 21.84% increase from fiscal 2022.
CMS ENERGY CORP pre-tax margin for fiscal 2022 was 10.49%, a 6.56% decline from fiscal 2021.