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

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