CMS ENERGY CORP Financial Summary

Quick Answer

CMS ENERGY CORP reported Total Revenue of $8.54 billion for fiscal year 2025.

CMS ENERGY CORP — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $8.54B
+13.6%
$7.51B
+0.7%
$7.46B
-13.2%
$8.60B
+17.3%
$7.33B
+14.2%
$6.42B
-3.1%
Net Income $1.07B
+6.8%
$1.00B
+13.1%
$887.00M
+6.0%
$837.00M
-38.1%
$1.35B
+79.2%
$755.00M
+11.0%
Diluted EPS $3.53
+6.0%
$3.33
+10.6%
$3.01
+5.6%
$2.85
-38.8%
$4.66
+76.5%
$2.64
+10.5%
Total Assets $39.94B
+11.2%
$35.92B
+7.2%
$33.52B
+6.9%
$31.35B
+9.0%
$28.75B
-3.1%
$29.67B
+10.5%
Cash and Equivalents $509.00M
+394.2%
$103.00M
-54.6%
$227.00M
+38.4%
$164.00M
-63.7%
$452.00M
+1312.5%
$32.00M
-77.1%
Long-Term Debt $17.81B
+17.2%
$15.19B
+4.7%
$14.51B
+10.6%
$13.12B
+8.9%
$12.05B
+2.6%
$11.74B
-1.7%
Stockholders Equity $9.14B
+11.1%
$8.23B
+9.1%
$7.54B
+7.5%
$7.01B
+5.8%
$6.63B
+20.7%
$5.50B
+9.5%
Operating Income $1.73B
+16.1%
$1.49B
+20.4%
$1.24B
+0.9%
$1.22B
+6.8%
$1.15B
-6.8%
$1.23B
+10.3%
Shares Outstanding 306.40M
+2.5%
298.80M
+1.5%
294.40M
+1.1%
291.30M
+0.5%
289.80M
+0.3%
288.90M
+1.8%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $2.02B +15.9% +10.0%
Net Income September 30, 2025 $277.00M +9.5% +37.8%
Diluted EPS September 30, 2025 $0.92 +9.5% +39.4%
Total Assets September 30, 2025 $38.01B +9.2% +0.8%
Cash and Equivalents September 30, 2025 $362.00M -12.1% -57.1%
Long-Term Debt September 30, 2025 $16.77B +7.9% -0.0%
Stockholders Equity September 30, 2025 $8.86B +9.3% +5.6%
Operating Income September 30, 2025 $481.00M +31.1% +51.7%
Shares Outstanding September 30, 2025 304.30M +1.8% +1.7%
  • CMS ENERGY CORP reported Total Revenue of $8.54 billion for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +13.6% in Total Revenue compared to the prior fiscal year.
  • CMS ENERGY CORP reported Net Income of $1.07 billion for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +6.8% in Net Income compared to the prior fiscal year.
  • CMS ENERGY CORP reported Diluted EPS of $3.53 per share for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +6.0% in Diluted EPS compared to the prior fiscal year.
  • CMS ENERGY CORP reported Total Assets of $39.94 billion for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +11.2% in Total Assets compared to the prior fiscal year.
  • CMS ENERGY CORP reported Cash and Equivalents of $509.00 million for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +394.2% in Cash and Equivalents compared to the prior fiscal year.
  • CMS ENERGY CORP reported Long-Term Debt of $17.81 billion for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +17.2% in Long-Term Debt compared to the prior fiscal year.
  • CMS ENERGY CORP reported Stockholders Equity of $9.14 billion for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +11.1% in Stockholders Equity compared to the prior fiscal year.
  • CMS ENERGY CORP reported Operating Income of $1.73 billion for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +16.1% in Operating Income compared to the prior fiscal year.
  • CMS ENERGY CORP reported Shares Outstanding of 306.40 million shares for fiscal year 2025.
  • CMS ENERGY CORP showed an increase of +2.5% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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