CMS Energy Corp (CMS)

Industry Utilities - Regulated Electric

This stock can be held in an Investment ISA and an Investment Account

Sell

$69.69

Buy

$73.05

arrow-up$0.10 (+0.14%)

Prices updated at 12 Dec 2025, 22:54 EST

Prices minimum 15 mins delay

Prices in USD

CMS Energy Corp is utility company operating in Michigan. It is engaged in independent power production and owns power generation facilities fueled by natural gas and renewable sources.

S&P 500

-1.07%

NYSE

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Income statement

Year chevron-l-regular chevron-r-regular	2023	2024
	7,462m	7,515m
	2,862m	3,209m
	1,235m	1,487m
	16.55	19.79
	887m	1,003m
	2,777m	3,071m
Sales, General and administrative	-	-
Interest expenses	643m	708m
Provision for income taxes	147m	176m
Operating expenses	1,627m	1,722m
Income before taxes	954m	1,123m
Net income available to common shareholders	877m	993m
	3.01	3.34
Net interest income	-643m	-708m
Advertising and promotion	-	-
Net investment income, net	-	-
Realised capital gains (losses), net	-	-
Total benefits, claims and expenses	-	-
Earnings per share (diluted)	3.01	3.33
Free cash flow per share	-4.5296	1.0442
Book value/share	23.6481	26.3969
Debt equity ratio	1.990437	1.911816

Balance sheet

Year chevron-l-regular chevron-r-regular	2023	2024
Current assets	2,839m	2,790m
Current liabilities	2,895m	3,521m
Total capital	22,052m	23,424m
Total debt	15,643m	16,566m
Total equity	7,544m	8,230m
Total non current liabilities	-	-
Loans	14,508m	15,194m
Total assets	33,517m	35,920m
Total liabilities	-	-
Cash and cash equivalents	227m	103m
Common stock	294m	299m

Cash flow

Year chevron-l-regular chevron-r-regular	2023	2024
Cash at beginning of period	182m	248m
Cash dividends paid	-579m	-626m
	-265m	-808m
Investments (gains) losses	-3,386m	-3,054m
	248m	178m
Net income	-	-
	2,309m	2,370m
	-2,574m	-3,178m

The figures shown in the tables are quoted in the currency of the stock selected.

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.