Saturday 17 October 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. In the quarter to June 2026, revenue was flat, EPS fell 43.9%, free cash flow grew 26.6% and total debt rose 6.96%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years; insiders bought in the last twelve months.

68.93 1.99 +2.97%

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Market cap: $21.0B
P/E: 20.7×
Fwd P/E: 18.6×
Dividend yield: 3.27%
F-score: 5/9
Altman Z: 0.86
Beneish M: −2.41
Dividend safety: 27/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

	Jun '26	Mar '26	Dec '25	Sep '25	Older periods
ROE Full definition →	10.74%	11.84%	11.78%	11.77%	+8 more TTM periods Free account
Piotroski F-Score Full definition →	5	5	5	5
ROA Full definition →	2.59%	2.86%	2.80%	2.85%
ROIC Full definition →	3.56%	3.73%	3.86%	3.96%
Return on Tangible Assets Full definition →	3.16%	3.54%	3.47%	3.53%
Average Days of Receivables Full definition →	42.37	58.59	56.55	41.10
Free Cash Flow per Share Full definition →	(6.16)	(6.64)	(5.29)	(5.03)
Free Cash Flow Full definition →	(1,910.00)	(2,035.00)	(1,589.00)	(1,508.00)
Capital Expenditures Full definition →	(4,058.00)	(3,975.00)	(3,824.00)	(3,668.00)
Other line items
Cash ROIC Full definition →	(6.36%)	(6.92%)	(5.44%)	(5.40%)
Accounts Receivable Turnover Full definition →	9.00	7.22	7.16	9.55
Accounts Payable Turnover Full definition →	2.88	3.18	2.62	2.99
Inventory Turnover Full definition →	4.39	5.69	4.19	3.52
Average Days of Payables Full definition →	131.05	130.03	156.91	133.31
Days of Inventory on Hand Full definition →	87.86	67.43	88.40	104.77
Tax Rate Full definition →	(0.21)	(0.21)	(0.20)	(0.19)
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 →	26.89%	26.00%	26.23%	25.82%
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Interest Coverage Full definition →	1.99	2.10	2.16	2.19
Operating CF/Net income Full definition →	2.11	1.77	2.11	2.08
Depreciation/Fixed assets Full definition →	0.04	0.04	0.04	0.04
Capex/Depreciation Full definition →	(3.01)	(2.99)	(2.93)	(2.84)
Revenue per Share Full definition →	28.41	28.79	28.43	27.68
Operating CF per Share Full definition →	6.92	6.33	7.44	7.21
Capex per Share Full definition →	(13.08)	(12.97)	(12.73)	(12.24)
Capex to Sales Full definition →	0.46	0.45	0.45	0.44

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Columns are period end dates

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