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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%
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

CMS Energy Corporation (CMS) Current ratio

Alert me on Current ratio

CMS Energy Corporation's current ratio at the end of the quarter to 30 June 2026 was 0.9×, down 0.0× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.8× (fiscal 2020) to 1.2× (fiscal 2021); the current reading is higher than 64% of that period. That is above the Utilities Regulated Electric industry median of 0.8× and in line with the Utilities sector median of 0.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.0× 23.50%
FY2024 0.8× (19.20%)
FY2023 1.0× (14.73%)
FY2022 1.2× (3.51%)
FY2021 1.2× 52.42%
FY2020 0.8× (9.29%)
FY2019 0.9× (8.34%)
FY2018 0.9× 5.79%
FY2017 0.9× 3.52%
FY2016 0.9× (14.78%)

Quarterly newest first

Period Current ratio Change
Jun 2026 0.9× 11.12%
Mar 2026 0.8× (13.95%)
Dec 2025 1.0× 8.81%
Sep 2025 0.9× (9.98%)
42 more quarters

Against its own ten years

Low 0.8× High 1.2×
Ten-year median 0.9×
Current reading's percentile 64

Current ratio against peers

Company Current ratio
CNP CenterPoint Energy, Inc. compare 1.1×
CMS CMS Energy Corporation 0.9×
PPL PPL Corporation compare 0.9×
DTE DTE Energy Company compare 0.8×
ES Eversource Energy compare 0.8×
EIX Edison International compare 0.7×
FE FirstEnergy Corporation compare 0.5×
LNT Alliant Energy Corporation compare 0.5×
EVRG Evergy Inc. compare 0.4×
Utilities Regulated Electric industry median 0.8×
Utilities sector median 0.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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