CMS ENERGY CORP financial data

Symbol
CMS, CMSA, CMSC, CMSD, CMS-PC on NYSE
Location
Jackson, MI
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 10 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 98% % -11%
Return On Equity 12% % -0.72%
Return On Assets 2.8% % -2.3%
Operating Margin 20% % 2.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 306,420,901 shares 2.6%
Common Stock, Shares, Outstanding 306,400,000 shares 2.5%
Common Stock, Value, Issued $3,000,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 300,400,000 shares 0.94%
Weighted Average Number of Shares Outstanding, Diluted 301,000,000 shares 0.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $8,539,000,000 USD 14%
Revenue from Contract with Customer, Excluding Assessed Tax $8,305,000,000 USD 13%
Costs and Expenses $6,812,000,000 USD 13%
Operating Income (Loss) $1,727,000,000 USD 16%
Nonoperating Income (Expense) $310,000,000 USD -9.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,248,000,000 USD 11%
Income Tax Expense (Benefit) $246,000,000 USD 40%
Net Income (Loss) Attributable to Parent $1,071,000,000 USD 6.8%
Earnings Per Share, Basic 3.53 USD/shares 5.7%
Earnings Per Share, Diluted 3.53 USD/shares 6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $509,000,000 USD 394%
Other Assets, Current $160,000,000 USD 55%
Assets, Current $3,472,000,000 USD 24%
Property, Plant and Equipment, Net $30,680,000,000 USD 12%
Operating Lease, Right-of-Use Asset $22,000,000 USD -8.3%
Other Assets, Noncurrent $398,000,000 USD 3.6%
Assets $39,941,000,000 USD 11%
Liabilities, Current $3,548,000,000 USD 0.77%
Deferred Income Tax Liabilities, Net $3,252,000,000 USD 11%
Operating Lease, Liability, Noncurrent $19,000,000 USD -9.5%
Other Liabilities, Noncurrent $392,000,000 USD -3.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax $36,000,000 USD 12%
Retained Earnings (Accumulated Deficit) $2,443,000,000 USD 20%
Stockholders' Equity Attributable to Parent $9,144,000,000 USD 11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $9,711,000,000 USD 11%
Liabilities and Equity $39,941,000,000 USD 11%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 350,000,000 shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $615,000,000 USD 246%
Deferred Tax Assets, Valuation Allowance $2,000,000 USD 100%
Deferred Tax Assets, Gross $449,000,000 USD -24%
Operating Lease, Liability $22,000,000 USD -8.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,076,000,000 USD 6.7%
Lessee, Operating Lease, Liability, to be Paid $38,000,000 USD -9.5%
Operating Lease, Liability, Current $3,000,000 USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two $2,000,000 USD -33%
Lessee, Operating Lease, Liability, to be Paid, Year One $4,000,000 USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.053 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $16,000,000 USD -11%
Lessee, Operating Lease, Liability, to be Paid, Year Three $2,000,000 USD 0%
Preferred Stock, Shares Authorized 10,000,000 shares 8.7%
Unrecognized Tax Benefits $29,000,000 USD 21%
Lessee, Operating Lease, Liability, to be Paid, Year Four $2,000,000 USD 0%
Depreciation, Depletion and Amortization $1,306,000,000 USD 5.3%
Deferred Tax Assets, Net of Valuation Allowance $447,000,000 USD -24%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%