• CMS Energy average return on equity for 2023 was 9.85, a 40.77% increase from 2022.
• CMS Energy average return on equity for 2022 was 16.63, a 5.12% decline from 2021.
• CMS Energy average return on equity for 2021 was 15.82, a 12.04% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.