
CMS Energy 5.875% J (CMSD) Return on Invested Capital (ROIC)
Market Cap: $21.74B
Avg Volume: 44.46K
Industry: Regulated Electric
Sector: Utilities
Return on Invested Capital (ROIC) Summary
CMS Energy 5.875% J's ROIC measures how effectively the company uses its invested capital to generate profits:
- Annual: 3.70%
- Quarterly: 1.05%
- TTM: 3.73%
What is ROIC?
Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.
Related Metrics
Other important metrics to assess CMS Energy 5.875% J's profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 8.80%
- Quarterly: 3.22%
- TTM: 12.42%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: 2.79%
- Quarterly: 0.74%
- TTM: 2.79%
These metrics provide insights into CMS Energy 5.875% J's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual ROIC
3.70%
Quarterly ROIC
1.05%
TTM ROIC
3.73%
CMS Energy 5.875% J Historical ROIC
Historical ROE
Historical ROA
CMS Energy 5.875% J Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.
Year | ROIC | ROE | ROA |
---|---|---|---|
2024 | 3.70% | 8.80% | 2.79% |
2023 | 3.30% | 11.76% | 2.65% |
2022 | 0.86% | 11.93% | 2.67% |
2021 | 0.68% | 10.98% | 2.53% |
2020 | 1.17% | 13.74% | 2.55% |
2019 | 1.10% | 13.55% | 2.53% |
2018 | 4.11% | 13.82% | 2.68% |
2017 | 3.06% | 10.36% | 2.00% |
2016 | 4.03% | 12.96% | 2.55% |
2015 | 3.85% | 13.28% | 2.57% |
Related Metrics
Explore detailed financial metrics and analysis for CMSD.