CMS Energy Corporation CMS NYSE

CMS Energy Corporation (CMS) reported strong year-over-year revenue growth of +13.6% through 2025-12 (TTM revenue vs prior-year TTM). Net income showed solid earnings growth of +6.8% YoY, reaching $289M in the latest quarter. The net profit margin is 12.9%, which is moderate. The company has maintained profitability in all 4 quarters. The gross margin is 59.6% (high), up 25.4pp vs the prior year. With a $24B market cap, MOAT composite score of 80/100 (strong competitive position).

Criteria proven by this page:

• GROWTH (55/100, Pass) — proving strong growth momentum
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 41-year annual history, the company was profitable in 31 of 41 years — a solid long-term record with occasional losses
• INCOME (55/100, Partial) — the company is profitable but margin is below 15%
• MOAT (80/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 54/100 with 2/7 criteria passed.