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CMS Energy Corporation
CMS Energy Corporation Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 18,098 | 19.6 | 2.10 | 1.86 | 6,324.25 |
| Oct 2026 | 18,064 | 19.8 | 2.11 | 1.86 | 6,305.47 |
| Oct 2026 | 18,957 | 19.9 | 2.13 | 1.86 | 6,313.99 |
| Oct 2026 | 18,916 | 20.1 | 2.14 | 1.86 | 6,344.39 |
| Oct 2026 | 18,907 | 19.9 | 2.15 | 1.86 | 6,356.69 |
| Oct 2026 | 18,769 | 20.6 | 2.20 | 1.86 | 6,506.92 |
| Oct 2026 | 18,873 | 20.2 | 2.16 | 1.86 | 6,387.78 |
| Oct 2026 | 18,791 | 20.5 | 2.19 | 1.86 | 6,487.34 |
| Oct 2026 | 18,813 | 20.5 | 2.19 | 1.86 | 6,443.88 |
| Oct 2026 | 18,643 | 21.1 | 2.25 | 1.86 | 6,635.67 |
| Oct 2026 | 18,699 | 20.9 | 2.23 | 1.86 | 6,594.94 |
CMS Energy Corporation Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 1,829,000,000.0 | 2,730,000,000.0 | 2,233,000,000.0 | 2,021,000,000.0 |
| Net Profit | 120,000,000.0 | 340,000,000.0 | 289,000,000.0 | 277,000,000.0 |
| EPS | 0.4 | 1.1 | 0.9 | 0.9 |
CMS Energy Corporation Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 8,539,000,000.0 | 7,515,000,000.0 | 7,462,000,000.0 | 8,596,000,000.0 | — |
| Net Profit | 1,071,000,000.0 | 1,003,000,000.0 | 887,000,000.0 | 837,000,000.0 | — |
| EPS | 3.5 | 3.3 | 3.0 | 2.8 | — |
CMS Energy Corporation Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 39,941,000,000.0 | 35,920,000,000.0 | 33,517,000,000.0 | 31,353,000,000.0 | — |
| Total Liabilities | 30,230,000,000.0 | 27,172,000,000.0 | 25,392,000,000.0 | 23,758,000,000.0 | — |
| Total Equity | 9,144,000,000.0 | 8,230,000,000.0 | 7,544,000,000.0 | 7,015,000,000.0 | — |
Owes vs Owns
CMS Energy Corporation owed $0.75 for every $1 it owned in Jun 2026, down from $0.76 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.75× | 0.76× | 0.76× | 0.76× | 0.76× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
CMS Energy Corporation Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 1.3%Receivables 3.3%Inventory 2.0%Fixed assets (tangible) 76.8%Other assets 16.5%
How it's funded — Dec 2025
Short-term debt 2.4%Long-term debt 44.6%Payables 3.5%Other liabilities 25.2%Shareholders' equity 24.3%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 509.0 | 103.0 | 227.0 | 164.0 |
| Receivables | 1,323.0 | 1,063.0 | 944.0 | 1,580.0 |
| Inventory | 791.0 | 769.0 | 938.0 | 1,117.0 |
| Fixed assets (tangible) | 30,680.0 | 27,461.0 | 25,072.0 | 22,713.0 |
| Intangible assets | 0.0 | 0.0 | 0.0 | 0.0 |
| Long-term investments | 61.0 | 69.0 | 76.0 | 71.0 |
| Other assets | 6,577.0 | 6,455.0 | 6,260.0 | 5,708.0 |
| Liabilities & equity | ||||
| Short-term debt | 956.0 | 1,260.0 | 1,073.0 | 1,119.0 |
| Long-term debt | 17,807.0 | 15,194.0 | 14,508.0 | 13,122.0 |
| Payables | 1,395.0 | 1,085.0 | 802.0 | 928.0 |
| Other liabilities | 10,072.0 | 9,633.0 | 9,009.0 | 8,589.0 |
| Shareholders' equity | 9,711.0 | 8,748.0 | 8,125.0 | 7,595.0 |
| Net tangible assets | 9,144.0 | 8,230.0 | 7,544.0 | 7,015.0 |
CMS Energy Corporation Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 2,235,000,000.0 | 2,370,000,000.0 | 2,309,000,000.0 | 855,000,000.0 | — |
| Investing Activities | -4,038,000,000.0 | -3,054,000,000.0 | -3,386,000,000.0 | -2,476,000,000.0 | — |
| Financing Activities | 2,240,000,000.0 | 614,000,000.0 | 1,143,000,000.0 | 1,327,000,000.0 | — |