CMS Energy Financial Statements
NYSE: CMSUtilitiesPower GenerationUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
After hours: 65.34 0.00%
CMS Energy revenue and earnings
In fiscal 2025, CMS Energy generated $8.54 billion in revenue, up 13.6% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $1.07 billion (+6.8% year over year), for a net margin of 12.5% versus a median of 11.9% in the prior 5 years. Operating margin was 20.2%.
Diluted earnings per share came in at $3.53, up from $3.33. Over the last 5 fiscal years, CMS's revenue has grown at a 5.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
CMS Energy income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.54B | 7.51B | 7.46B | 8.60B | 7.33B | 6.42B | 6.62B | 6.87B | 6.58B | 6.40B |
| Revenue growth (YoY) | +13.63% | +0.71% | -13.19% | +17.29% | +14.19% | -3.11% | -3.62% | +4.41% | +2.88% | -0.88% |
| Operating Income | 1.73B | 1.49B | 1.24B | 1.22B | 1.15B | 1.23B | 1.11B | 1.16B | 1.34B | 1.26B |
| Interest Expense | 789.00M | 708.00M | 643.00M | 519.00M | 500.00M | 505.00M | 460.00M | 458.00M | 438.00M | 435.00M |
| Other Income (Expense) | 310.00M | 344.00M | 362.00M | 197.00M | 177.00M | 84.00M | 109.00M | 70.00M | -14.00M | 5.00M |
| Pretax Income | 1.25B | 1.12B | 954.00M | 902.00M | 823.00M | 809.00M | 764.00M | 774.00M | 886.00M | 826.00M |
| Income Tax | 246.00M | 176.00M | 147.00M | 93.00M | 95.00M | 115.00M | 131.00M | 115.00M | 424.00M | 273.00M |
| Net Income | 1.07B | 1.00B | 887.00M | 837.00M | 1.35B | 755.00M | 680.00M | 657.00M | 460.00M | 551.00M |
| Net Income growth (YoY) | +6.78% | +13.08% | +5.97% | -38.14% | +79.21% | +11.03% | +3.50% | +42.83% | -16.52% | +5.35% |
| EPS (Basic) | 3.53 | 3.34 | 3.01 | 2.85 | 4.66 | 2.65 | 2.40 | 2.33 | 1.64 | 1.99 |
| EPS (Diluted) | 3.53 | 3.33 | 3.01 | 2.85 | 4.66 | 2.64 | 2.39 | 2.32 | 1.64 | 1.98 |
| Shares Outstanding (Basic) | 300.40M | 297.60M | 291.20M | 289.50M | 289.00M | 285.00M | 283.00M | — | — | — |
| Shares Outstanding (Diluted) | 301.00M | 298.30M | 291.70M | 290.00M | 289.50M | 286.30M | 284.30M | 282.90M | 280.80M | 278.90M |
| EBITDA | 3.03B | 2.73B | 2.42B | 2.35B | 2.26B | 2.27B | 2.10B | 2.10B | 2.22B | 2.07B |
| Operating Margin | 20.22% | 19.79% | 16.55% | 14.24% | 15.64% | 19.16% | 16.83% | 16.91% | 20.33% | 19.63% |
| Net Margin | 12.54% | 13.35% | 11.89% | 9.74% | 18.46% | 11.76% | 10.27% | 9.56% | 6.99% | 8.61% |
This table shows 10 annual periods of CMS Energy's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow CMS's reporting calendar. What is a income statement?