CMS ENERGY CORP
About CMS ENERGY CORP
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
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American Credentials
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Financial summary
- Revenue FY2025
- $8.3B
- Net income
- $1.1B
- Total assets
- $39.9B
- Market cap
- $22.3B
- Operating margin
- 20.2%
- Net margin
- 11.7%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $8.5B
- Operating expenses
- $6.8B
- Operating income
- $1.7B
- Income tax
- $246.0M
- Net income
- $1.0B
- EPS (basic)
- $3.53
- EPS (diluted)
- $3.53
Balance sheet
- Total assets
- $39.9B
- Current assets
- $3.5B
- Total liabilities
- $30.2B
- Current liabilities
- $3.5B
- Shareholders’ equity
- $9.7B
Cash flow
- Operating cash flow
- $2.2B
- Investing cash flow
- -$4.0B
- Financing cash flow
- $2.2B
- Net cash flow
- $437.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $22.3B
- P/E ratio
- 20.1
- EPS (diluted)
- $3.53
- Dividend yield
- 3.22%
- Shares outstanding
- 313.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 1, 1972
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.1B in FY2025.
- Revenue grew 17% from FY2021 to FY2025.
- Trading 11% below its 52-week high.
- Pays a dividend yielding about 3.22% annually.
- Valued at a price-to-earnings (P/E) ratio of 20.1.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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