CMS Energy Financials

CMS Stock  USD 71.84  0.86  1.21%   
Based on the key measurements obtained from CMS Energy's financial statements, CMS Energy is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in October. At this time, CMS Energy's Deferred Long Term Liabilities is comparatively stable compared to the past year. Key indicators impacting CMS Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02930.0279
Sufficiently Up
Slightly volatile
Return On Equity0.130.1219
Notably Up
Very volatile
Debt Equity Ratio3.032.0158
Way Up
Pretty Stable
Operating IncomeB1.5 B
Way Down
Slightly volatile
Current Ratio0.850.7924
Notably Up
Slightly volatile
Investors should never underestimate CMS Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CMS Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in CMS Energy.

Cash And Equivalents

150.04 Million

  
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Understanding current and past CMS Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CMS Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in CMS Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in CMS Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CMS Energy. Check CMS Energy's Beneish M Score to see the likelihood of CMS Energy's management manipulating its earnings.

CMS Energy Stock Summary

CMS Energy competes with DTE Energy, Alliant Energy, Ameren Corp, CenterPoint Energy, and Pinnacle West. CMS Energy Corporation operates as an energy company primarily in Michigan. The company was incorporated in 1987 and is headquartered in Jackson, Michigan. Cms Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 8504 people.
Specialization
Utilities, Utilities - Regulated Electric
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1258961002
CUSIP125896100 125896308
LocationMichigan; U.S.A
Business AddressOne Energy Plaza,
SectorMulti-Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.cmsenergy.com
Phone517 788 0550
CurrencyUSD - US Dollar

CMS Energy Key Financial Ratios

CMS Energy Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets29.7B28.8B31.4B33.5B35.9B20.4B
Other Current Liab307M418M388M397M511M510.1M
Net Debt15.0B12.1B14.2B15.4B16.5B9.3B
Retained Earnings214M1.1B1.4B1.7B2.0B2.1B
Accounts Payable678M886M936M809M1.1B693.3M
Cash168M452M164M227M103M97.9M
Net Receivables1.2B943M1.6B944M1.1B1.0B
Inventory576M667M1.1B938M769M861.1M
Other Current Assets2.2B565M572M730M855M585.3M
Total Liab23.6B21.6B23.8B25.4B27.2B16.4B
Total Current Assets2.4B2.6B3.4B2.8B2.8B2.7B
Short Term Debt1.5B385M1.1B1.1B1.3B947.0M
Other Liab7.0B6.8B7.3B7.6B8.7B4.9B
Other Assets6.1B3.8B5.2B5.5B591M561.5M
Long Term Debt15.2B12.5B14.3B14.5B15.2B9.8B
Net Tangible Assets5.0B5.5B6.4B6.8B7.8B5.3B
Long Term Debt Total15.2B12.1B14.3B14.6B15.3B12.5B
Capital Surpluse5.4B5.4B5.5B5.7B6.0B5.7B

CMS Energy Key Income Statement Accounts

The reason investors look at the income statement is to determine what CMS Energy's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense505M500M519M643M708M743.4M
Total Revenue6.4B7.3B8.6B7.5B7.5B6.2B
Gross Profit2.6B2.6B2.8B2.9B3.2B2.3B
Operating Income1.2B1.1B1.2B1.2B1.5B1.0B
Ebit1.3B1.3B1.4B1.6B1.8B1.1B
Ebitda2.4B2.4B2.5B2.8B3.1B3.2B
Net Income755M1.4B837M887M1.0B1.1B
Cost Of Revenue3.8B4.7B5.8B4.6B4.3B4.0B
Income Before Tax809M823M902M954M1.1B1.2B
Minority Interest581M23M24M29M56M42.9M
Extraordinary Items35M602M4M41M43M80.2M
Tax Provision133M95M93M102M176M148.8M
Interest Income561M500M519M599M651M410.4M
Net Interest Income(561M)(500M)(519M)(643M)(708M)(743.4M)

CMS Energy Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash28M291M(294M)66M(70M)(66.5M)
Free Cash Flow(1.2B)(390M)(1.6B)(265M)(808M)(767.6M)
Other Non Cash Items(734M)(82M)(60M)(252M)183M234.0M
Dividends Paid467M509M546M579M626M657.3M
Capital Expenditures2.4B2.2B2.5B2.6B3.2B3.3B
Net Income752M1.3B813M808M947M994.4M
End Period Cash Flow185M476M182M248M178M266.0M
Change To Inventory28M(93M)(450M)185M164M172.2M
Change To Netincome151M(477M)466M5M4.5M4.3M
Depreciation1.0B1.1B1.1B1.2B1.2B903.0M
Investments(2.9B)(1.2B)(2.5B)(3.4B)(3.1B)(2.9B)
Net Borrowings859M1.1B100M1.8B2.1B2.2B

CMS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CMS Energy's current stock value. Our valuation model uses many indicators to compare CMS Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CMS Energy competition to find correlations between indicators driving CMS Energy's intrinsic value. More Info.
CMS Energy is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.27  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CMS Energy is roughly  3.67 . At this time, CMS Energy's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value CMS Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

CMS Energy Systematic Risk

CMS Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CMS Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on CMS Energy correlated with the market. If Beta is less than 0 CMS Energy generally moves in the opposite direction as compared to the market. If CMS Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CMS Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CMS Energy is generally in the same direction as the market. If Beta > 1 CMS Energy moves generally in the same direction as, but more than the movement of the benchmark.

CMS Energy Thematic Clasifications

CMS Energy is part of several thematic ideas from Utilities to Macroaxis Picks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in CMS Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CMS Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CMS Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.89

At this time, CMS Energy's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

CMS Energy September 27, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CMS Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CMS Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of CMS Energy based on widely used predictive technical indicators. In general, we focus on analyzing CMS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CMS Energy's daily price indicators and compare them against related drivers.

Additional Tools for CMS Stock Analysis

When running CMS Energy's price analysis, check to measure CMS Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.