Friday 6 November 2026 Export CMS’s income statement to Excel — free account

CMS Energy Corporation

CMS Utilities Utilities Regulated Electric

CMS Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.5 billion, up 13.6% from fiscal 2024.

Revenue: +8.02%
EPS: −131.6%
Free cash flow: +26.3%
Total debt: +11.8%

Quarter to September 2026, against a year earlier

69.49 0.62 −0.88%

Follow CMS

Alert me

Market cap: $22.2B
P/E: 33.3×
Fwd P/E: 19.2×
Dividend yield: 4.00%
F-score: 5/9
Altman Z: 0.86
Beneish M: −2.41
Dividend safety: 27/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	5	5	5	4
ROE Full definition →		11.78%	11.84%	10.74%	8.94%
ROA Full definition →		2.80%	2.86%	2.59%	2.16%
ROIC Full definition →		3.86%	3.73%	3.56%	2.58%
Return on Tangible Assets Full definition →		3.47%	3.54%	3.16%	2.71%
Average Days of Receivables Full definition →		56.55	58.59	42.37	46.85
Free Cash Flow per Share Full definition →		(5.29)	(6.64)	(6.16)	(5.57)
Free Cash Flow Full definition →		(1,589.00)	(2,035.00)	(1,910.00)	(1,743.00)
Capital Expenditures Full definition →		(3,824.00)	(3,975.00)	(4,058.00)	(4,019.00)
Other line items
Cash ROIC Full definition →		(5.44%)	(6.92%)	(6.36%)	(5.61%)
Accounts Receivable Turnover Full definition →		7.16	7.22	9.00	8.61
Accounts Payable Turnover Full definition →		2.62	3.18	2.88	2.82
Inventory Turnover Full definition →		4.19	5.69	4.39	3.81
Average Days of Payables Full definition →		156.91	130.03	131.05	138.87
Days of Inventory on Hand Full definition →		88.40	67.43	87.86	97.27
Tax Rate Full definition →		(0.20)	(0.21)	(0.21)	(0.22)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		26.23%	26.00%	26.89%	26.22%
Share Based Compensation of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Interest Coverage Full definition →		2.16	2.10	1.99	1.44
Operating CF/Net income Full definition →		2.11	1.77	2.11	2.64
Depreciation/Fixed assets Full definition →		0.04	0.04	0.04	0.04
Capex/Depreciation Full definition →		(2.93)	(2.99)	(3.01)	(2.96)
Revenue per Share Full definition →		28.43	28.79	28.41	28.68
Operating CF per Share Full definition →		7.44	6.33	6.92	7.27
Capex per Share Full definition →		(12.73)	(12.97)	(13.08)	(12.84)
Capex to Sales Full definition →		0.45	0.45	0.46	0.45

Show all line items

Columns are period end dates · fundamentals updated 2 Nov 2026

Stockrow Weekly