CMS Energy Corporation CMS

63.07 0.30 0.48% as of 25 Sep
Market cap
$21.8B
P/E
18.9×
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An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue 6,399.00 6,583.00 6,873.00 6,624.00 6,418.00 7,329.00 8,596.00 7,462.00 7,515.00 8,539.00
Revenue Growth (0.88%) 2.88% 4.41% (3.62%) (3.11%) 14.19% 17.29% (13.19%) 0.71% 13.63%
Cost of Revenue 2,803.00 2,844.00 3,058.00 2,833.00 2,508.00 3,070.00 4,165.00 2,913.00 2,668.00 3,266.00
Gross Profit 3,596.00 3,739.00 3,815.00 3,791.00 3,910.00 4,259.00 4,431.00 4,549.00 4,847.00 5,273.00
SG&A Expenses 1,529.00 1,520.00 1,720.00 1,687.00 1,637.00 1,999.00 2,081.00 2,134.00 2,120.00 2,240.00
Operating Income 1,256.00 1,338.00 1,162.00 1,115.00 1,230.00 1,146.00 1,224.00 1,235.00 1,487.00 1,727.00
Non-operating Income/Expense (430.00) (452.00) (388.00) (351.00) (421.00) (323.00) (322.00) (281.00) (364.00) (479.00)
Non-operating Interest Expenses 440.00 440.00 461.00 464.00 507.00 503.00 521.00 646.00 726.00 800.00
EBT 826.00 886.00 774.00 764.00 809.00 823.00 902.00 954.00 1,123.00 1,248.00
Income Tax Provision 273.00 424.00 115.00 131.00 115.00 95.00 93.00 147.00 176.00 246.00
Income after Tax 553.00 462.00 659.00 633.00 694.00 728.00 809.00 807.00 947.00 1,002.00
Dividends (Preferred) — — — — — 5.00 10.00 10.00 10.00 10.00
Non-Controlling Interest 2.00 2.00 2.00 2.00 (3.00) (23.00) (24.00) (79.00) (56.00) (69.00)
Net Income Common 551.00 460.00 657.00 680.00 755.00 1,348.00 827.00 877.00 993.00 1,061.00
EPS (Basic) 1.99 1.64 2.33 2.40 2.65 4.66 2.85 3.01 3.33 3.53
EPS (Diluted) 1.98 1.64 2.32 2.39 2.64 4.66 2.85 3.01 3.33 3.53
Shares (Basic, Weighted) 277.90 280.00 282.20 283.00 285.00 289.00 289.50 291.20 297.60 300.40
Shares (Diluted, Weighted) 278.90 280.80 282.90 284.30 286.30 289.50 290.00 291.70 298.30 301.00
Gross Margin 56.20% 56.80% 55.51% 57.23% 60.92% 58.11% 51.55% 60.96% 64.50% 61.75%
EBIT Margin 19.63% 20.33% 16.91% 16.83% 19.16% 15.64% 14.24% 16.55% 19.79% 20.22%
EBT margin 12.91% 13.46% 11.26% 11.53% 12.61% 11.23% 10.49% 12.78% 14.94% 14.62%
Net Profit Margin 8.61% 6.99% 9.56% 10.27% 11.76% 18.39% 9.62% 11.75% 13.21% 12.43%
Free Cash Flow Margin (0.67%) 0.61% (5.40%) (4.63%) (16.13%) (3.51%) (17.67%) (1.31%) (8.62%) (18.61%)
EBITDA 2,067.00 2,219.00 2,095.00 2,104.00 2,273.00 2,260.00 2,350.00 2,415.00 2,727.00 3,033.00
EBIT 1,256.00 1,338.00 1,162.00 1,115.00 1,230.00 1,146.00 1,224.00 1,235.00 1,487.00 1,727.00
Income from Continuous Operations 553.00 462.00 659.00 633.00 694.00 728.00 809.00 807.00 947.00 1,002.00
Income from Discontinued Operations — — — 49.00 58.00 602.00 4.00 1.00 0.00 0.00
Consolidated Net Income/Loss 553.00 462.00 659.00 682.00 752.00 1,330.00 813.00 808.00 947.00 1,002.00
EPS (Basic, from Continuous Ops) 1.99 1.65 2.34 2.23 2.45 2.58 2.84 2.77 3.18 3.34
EPS (Basic, from Discontinued Ops) — — — 0.17 0.20 2.08 0.01 0.00 — —
EPS (Basic, Consolidated) 1.99 1.65 2.34 2.41 2.64 4.60 2.81 2.77 3.18 3.34
EPS (Diluted, from Cont. Ops) 1.98 1.65 2.33 2.22 2.44 2.58 2.84 2.77 3.17 3.33
EPS (Diluted, from Disc. Ops) — — — 0.00 0.00 0.00 0.00 0.00 — —
Shares (Diluted, Average) 279.00 280.80 282.90 284.30 286.30 289.50 290.00 291.70 298.30 301.00
EPS (Diluted, Consolidated) 1.98 1.65 2.33 2.40 2.63 4.59 2.80 2.77 3.17 3.33
EBITDA Margin 32.30% 33.71% 30.48% 31.76% 35.42% 30.84% 27.34% 32.36% 36.29% 35.52%
Operating Cash Flow Margin 25.46% 25.90% 24.78% 27.02% 19.88% 24.82% 9.95% 30.94% 31.54% 26.17%

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In millions of $ except per-share values · columns are period end dates