CMS Energy Corporation (CMS)
NYSE: CMS · Real-Time Price · USD
74.18
+1.03 (1.41%)
At close: Mar 28, 2025, 4:00 PM
74.60
+0.42 (0.56%)
After-hours: Mar 28, 2025, 8:00 PM EDT
CMS Energy Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Revenue | 7,515 | 7,462 | 8,596 | 7,329 | 6,418 | Upgrade
|
| Revenue Growth (YoY) | 0.71% | -13.19% | 17.29% | 14.19% | -3.11% | Upgrade
|
| Fuel & Purchased Power | 2,028 | 2,011 | 2,909 | 2,335 | 1,931 | Upgrade
|
| Operations & Maintenance | 1,638 | 1,687 | 1,669 | 1,610 | 1,280 | Upgrade
|
| Depreciation & Amortization | 1,240 | 1,180 | 1,126 | 1,114 | 1,043 | Upgrade
|
| Other Operating Expenses | 953 | 1,169 | 1,463 | 959 | 816 | Upgrade
|
| Total Operating Expenses | 5,859 | 6,047 | 7,167 | 6,018 | 5,070 | Upgrade
|
| Operating Income | 1,656 | 1,415 | 1,429 | 1,311 | 1,348 | Upgrade
|
| Interest Expense | -726 | -646 | -521 | -503 | -507 | Upgrade
|
| Interest Income | 50 | 37 | 5 | 3 | 11 | Upgrade
|
| Net Interest Expense | -676 | -609 | -516 | -500 | -496 | Upgrade
|
| Income (Loss) on Equity Investments | 7 | 7 | 3 | 10 | 5 | Upgrade
|
| Allowance for Equity Funds for Construction | 29 | 7 | 6 | 8 | 6 | Upgrade
|
| Allowance for Borrowed Funds for Construction | 18 | 3 | 2 | 3 | 2 | Upgrade
|
| Other Non-Operating Income (Expenses) | -21 | - | -22 | -9 | -40 | Upgrade
|
| EBT Excluding Unusual Items | 1,013 | 823 | 902 | 823 | 825 | Upgrade
|
| Other Unusual Items | 110 | 131 | - | - | -16 | Upgrade
|
| Pretax Income | 1,123 | 954 | 902 | 823 | 809 | Upgrade
|
| Income Tax Expense | 176 | 147 | 93 | 95 | 115 | Upgrade
|
| Earnings From Continuing Ops. | 947 | 807 | 809 | 728 | 694 | Upgrade
|
| Earnings From Discontinued Ops. | - | 1 | 4 | 602 | 58 | Upgrade
|
| Net Income to Company | 947 | 808 | 813 | 1,330 | 752 | Upgrade
|
| Minority Interest in Earnings | 56 | 79 | 24 | 23 | 3 | Upgrade
|
| Net Income | 1,003 | 887 | 837 | 1,353 | 755 | Upgrade
|
| Preferred Dividends & Other Adjustments | 10 | 10 | 10 | 5 | - | Upgrade
|
| Net Income to Common | 993 | 877 | 827 | 1,348 | 755 | Upgrade
|
| Net Income Growth | 13.08% | 5.97% | -38.14% | 79.20% | 11.03% | Upgrade
|
| Shares Outstanding (Basic) | 298 | 291 | 290 | 289 | 285 | Upgrade
|
| Shares Outstanding (Diluted) | 298 | 292 | 290 | 290 | 286 | Upgrade
|
| Shares Change (YoY) | 2.26% | 0.59% | 0.17% | 1.12% | 0.70% | Upgrade
|
| EPS (Basic) | 3.34 | 3.01 | 2.86 | 4.66 | 2.65 | Upgrade
|
| EPS (Diluted) | 3.33 | 3.01 | 2.85 | 4.66 | 2.64 | Upgrade
|
| EPS Growth | 10.57% | 5.53% | -38.75% | 76.32% | 10.46% | Upgrade
|
| Free Cash Flow | -648 | -910 | -1,519 | -257 | -1,035 | Upgrade
|
| Free Cash Flow Per Share | -2.17 | -3.12 | -5.24 | -0.89 | -3.62 | Upgrade
|
| Dividend Per Share | 2.060 | 1.950 | 1.840 | 1.740 | 1.630 | Upgrade
|
| Dividend Growth | 5.64% | 5.98% | 5.75% | 6.75% | 6.54% | Upgrade
|
| Profit Margin | 13.21% | 11.75% | 9.62% | 18.39% | 11.76% | Upgrade
|
| Free Cash Flow Margin | -8.62% | -12.20% | -17.67% | -3.51% | -16.13% | Upgrade
|
| EBITDA | 2,702 | 2,470 | 2,424 | 2,290 | 2,253 | Upgrade
|
| EBITDA Margin | 35.95% | 33.10% | 28.20% | 31.25% | 35.10% | Upgrade
|
| D&A For EBITDA | 1,046 | 1,055 | 995 | 979 | 905 | Upgrade
|
| EBIT | 1,656 | 1,415 | 1,429 | 1,311 | 1,348 | Upgrade
|
| EBIT Margin | 22.04% | 18.96% | 16.62% | 17.89% | 21.00% | Upgrade
|
| Effective Tax Rate | 15.67% | 15.41% | 10.31% | 11.54% | 14.21% | Upgrade
|
Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.