CMS Energy CorporationCMSNYSE
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+31.2%
5Y CAGR+19.9%
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+31.2%/yr
vs +5.6%/yr prior
5Y CAGR
+19.9%/yr
Recent acceleration
Acceleration
+25.6pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.5x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$3.47B+101.7%
2024$1.72B+5.8%
2023$1.63B+5.8%
2022$1.54B+2.3%
2021$1.50B+7.4%
2020$1.40B+6.1%
2019$1.32B+6.8%
2018$1.24B+6.1%
2017$1.17B+6.7%
2016$1.09B-