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CMS Energy Corporation (CMS)
NYSE: CMS · Real-Time Price · USD
69.00
-0.59 (-0.85%)
At close: Oct 27, 2026, 4:00 PM EDT
68.32
-0.68 (-0.99%)
Pre-market: Oct 28, 2026, 4:52 AM EDT

CMS Energy Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
2,1831,8292,7302,2332,0211,8382,4471,9891,7431,6072,1761,9501,6731,5552,284-2,0241,9202,3742,033
Revenue Growth (YoY)
8.02%-0.49%11.56%12.27%15.95%14.37%12.45%2.00%4.18%3.34%-4.73%--17.34%-19.01%-3.79%-17.33%23.23%17.93%17.72%
Fuel & Purchased Power
-573691552687603615501560479488485560469497-905742639611
Operations & Maintenance
-464448509416397405420412404402403447406431-413392334534
Depreciation & Amortization
-308412342288288388326273273368310262255353-243242345282
Other Operating Expenses
2,1361706383461011865032758912746230188136644-151253552358
Total Operating Expenses
2,1361,5152,1891,7491,4921,4741,9111,5221,3341,2831,7201,4991,3571,2661,925-1,7121,6291,8701,785
Operating Income
47314541484529364536467409324456451316289359-312291504248
Interest Expense
-214-219-212-207-206-202-190-187-183-179-177-173-165-161-147--130-126-125-127
Interest Income
---38---50---37-------1
Net Interest Expense
-214-219-212-169-206-202-190-137-183-179-177-136-165-161-147--130-126-125-126
Income (Loss) on Equity Investments
---5---7---7-------2
Allowance for Equity Funds for Construction
---23---29---7-------3
Allowance for Borrowed Funds for Construction
-982333756-111----11
Other Non-Operating Income (Expenses)
542525-5014909-87222442-1443210111---9--9
EBT Excluding Unusual Items
-113129362295340255358286253175321186184230223-182156380119
Other Unusual Items
-------202048-131--------
Pretax Income
-113129362295340255358306273223321317184230223-182156380119
Income Tax Expense
-223385536862635126415866114129-1914395
Earnings From Continuing Ops.
-9196277242272193295255247182263251173189194-163142341114
Earnings From Discontinued Ops.
-------------1----4520
Net Income to Company
-9196277242272193295255247182263251173190194-163142345634
Minority Interest in Earnings
2142463475891061624583810-2685
Net Income
123120340289277201304265253198287309176198204-165148353639
Preferred Dividends & Other Adjustments
232323232323232-2322
Net Income to Common
121117338286275198302262251195285306174195202-163145351637
Net Income Growth (YoY)
-56.00%-40.91%11.92%9.16%9.56%1.54%5.96%-14.38%44.25%0%41.09%-6.75%34.48%-42.45%--12.37%-17.61%0.57%303.17%
Shares Outstanding (Basic)
310310306306300299298299298298297293291291291-290290289289
Shares Outstanding (Diluted)
310311307306300299299299299299297293291291291-290290290290
Shares Change (YoY)
3.28%3.91%2.67%2.38%0.53%0.20%0.64%2.05%2.54%2.47%2.06%-0.45%0.41%0.45%-0.17%0.24%0.28%0.98%
EPS (Basic)
0.390.381.100.940.920.661.010.880.840.650.961.050.600.670.69-0.560.501.212.20
EPS (Diluted)
0.390.371.100.940.920.661.010.880.840.650.961.050.600.670.69-0.560.501.212.20
EPS Growth (YoY)
-57.50%-43.94%8.91%6.63%9.24%1.54%5.21%-16.10%40.48%-2.99%39.13%-6.78%34.00%-43.13%--12.96%-17.90%0.47%297.24%

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
2,477-345-334-596-635-470112-515-50226343-203-415-715423--1,042-216187-298
Free Cash Flow Per Share
7.98-1.11-1.09-1.95-2.11-1.570.37-1.72-1.680.091.15-0.69-1.42-2.461.45--3.59-0.740.65-1.03
Dividend Per Share
-0.5700.5700.5420.5420.5420.5420.5150.5150.5150.5150.4870.4870.4870.487-0.4600.4600.4600.435
Dividend Growth (YoY)
-5.07%5.07%5.34%5.34%5.34%5.34%5.64%5.64%5.64%5.64%-5.98%5.98%5.98%-5.75%5.75%5.75%6.75%
Profit Margin
5.54%6.40%12.38%12.81%13.61%10.77%12.34%13.17%14.40%12.13%13.10%15.69%10.40%12.54%8.84%-8.05%7.55%14.79%31.33%
Free Cash Flow Margin
113.47%-18.86%-12.23%-26.69%-31.42%-25.57%4.58%-25.89%-28.80%1.62%15.76%-10.41%-24.81%-45.98%18.52%--51.48%-11.25%7.88%-14.66%
EBITDA
355622953626817652924599682597824636578544712-555533849395
EBITDA Margin
16.26%34.01%34.91%28.03%40.43%35.47%37.76%30.12%39.13%37.15%37.87%32.62%34.55%34.98%31.17%-27.42%27.76%35.76%19.43%
D&A For EBITDA
308308412142288288388132273273368185262255353165243242345147
EBIT
47314541484529364536467409324456451316289359-312291504248
EBIT Margin
2.15%17.17%19.82%21.68%26.17%19.80%21.90%23.48%23.46%20.16%20.96%23.13%18.89%18.58%15.72%-15.42%15.16%21.23%12.20%
Effective Tax Rate
-25.58%23.48%17.97%20.00%24.31%17.60%16.67%9.52%18.39%18.07%20.82%5.98%17.83%13.00%-10.44%8.97%10.26%4.20%
SEC Filings: 10-K · 10-Q