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
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CMS Energy Corporation (CMS) Revenue
CMS Energy Corporation's revenue for fiscal 2025 was $8.5B, up 13.6% from $7.5B in fiscal 2024. Over the twelve months to 30 September 2026 it was $9.0B. Over the past ten years it has ranged from $6.4B (fiscal 2016) to $8.6B (fiscal 2022); the current reading is higher than 91% of that period. CMS Energy Corporation ranks 22nd of 37 Utilities Regulated Electric companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $8.5B | 13.63% |
| FY2024 | $7.5B | 0.71% |
| FY2023 | $7.5B | (13.19%) |
| FY2022 | $8.6B | 17.29% |
| FY2021 | $7.3B | 14.19% |
| FY2020 | $6.4B | (3.11%) |
| FY2019 | $6.6B | (3.62%) |
| FY2018 | $6.9B | 4.41% |
| FY2017 | $6.6B | 2.88% |
| FY2016 | $6.4B | (0.88%) |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Sep 2026 | $2.2B | 19.35% |
| Jun 2026 | $1.8B | (33.00%) |
| Mar 2026 | $2.7B | 22.26% |
| Dec 2025 | $2.2B | 10.49% |
| 43 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| EIX Edison International compare | $18.6B |
| DTE DTE Energy Company compare | $16.7B |
| FE FirstEnergy Corporation compare | $16.2B |
| ES Eversource Energy compare | $14.0B |
| CNP CenterPoint Energy, Inc. compare | $9.8B |
| PPL PPL Corporation compare | $9.4B |
| CMS CMS Energy Corporation | $9.0B |
| EVRG Evergy Inc. compare | $6.4B |
| LNT Alliant Energy Corporation compare | $4.5B |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
More on CMS
- Net income
- 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