stockrowCMS 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
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CMS Energy Corporation (CMS) Net income
CMS Energy Corporation's net income for fiscal 2025 was $1.0B, up 5.81% from $947.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $524.0M. Over the past ten years it has ranged from $462.0M (fiscal 2017) to $1.3B (fiscal 2021); the current reading is higher than 91% of that period. CMS Energy Corporation ranks 28th of 39 Utilities Regulated Electric companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $1.0B | 5.81% |
| FY2024 | $947.0M | 17.20% |
| FY2023 | $808.0M | (0.62%) |
| FY2022 | $813.0M | (38.87%) |
| FY2021 | $1.3B | 76.86% |
| FY2020 | $752.0M | 10.26% |
| FY2019 | $682.0M | 3.49% |
| FY2018 | $659.0M | 42.64% |
| FY2017 | $462.0M | (16.46%) |
| FY2016 | $553.0M | 5.33% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | −$91.0M | — |
| Jun 2026 | $96.0M | (65.34%) |
| Mar 2026 | $277.0M | 14.46% |
| Dec 2025 | $242.0M | (11.03%) |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| EIX Edison International compare | $3.8B |
| ES Eversource Energy compare | $1.5B |
| FE FirstEnergy Corporation compare | $1.4B |
| DTE DTE Energy Company compare | $1.4B |
| PPL PPL Corporation compare | $1.3B |
| CNP CenterPoint Energy, Inc. compare | $1.2B |
| EVRG Evergy Inc. compare | $1.1B |
| LNT Alliant Energy Corporation compare | $934.0M |
| CMS CMS Energy Corporation | $524.0M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement