CMS Energy Balance Sheet
NYSE: CMSUtilitiesPower GenerationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CMS Energy financial position
At the end of fiscal 2025, CMS Energy reported total assets of $39.94 billion, up 11.2% from a year earlier against total liabilities of $30.23 billion. Shareholders' equity stood at $9.14 billion, or 22.9% of assets. The company held $509.0 million in cash and equivalents against $18.76 billion of debt, a net debt position of $18.25 billion.
The current ratio (current assets divided by current liabilities) was 0.98, meaning short-term obligations exceed short-term assets. Debt-to-equity was 2.05.
Summary generated from market data by MetaCap's automated system. Methodology
CMS Energy balance sheet (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 509.00M | 103.00M | 227.00M | 164.00M | 452.00M | 32.00M | 140.00M | 153.00M | 182.00M | 235.00M |
| Receivables | — | — | — | 1.56B | 931.00M | 853.00M | 886.00M | 964.00M | 1.03B | 821.00M |
| Total Current Assets | 3.47B | 2.79B | 2.84B | 3.43B | 2.63B | 2.40B | 2.33B | 2.47B | 2.48B | 2.28B |
| Property, Plant & Equipment | 30.68B | 27.46B | 25.07B | 22.71B | 22.35B | 21.02B | 18.93B | 18.13B | 16.76B | 15.71B |
| Total Assets | 39.94B | 35.92B | 33.52B | 31.35B | 28.75B | 29.67B | 26.84B | 24.53B | 23.05B | 21.62B |
| Accounts Payable | — | — | — | 928.00M | 875.00M | 661.00M | 622.00M | 723.00M | 725.00M | 598.00M |
| Short-Term Debt | 950.00M | 1.19B | 975.00M | 1.09B | 373.00M | 571.00M | 1.11B | 996.00M | 1.10B | 886.00M |
| Total Current Liabilities | 3.55B | 3.52B | 2.90B | 2.98B | 2.20B | 3.07B | 2.70B | 2.62B | 2.78B | 2.65B |
| Long-Term Debt | 17.81B | 15.19B | 14.51B | 13.12B | 12.05B | 11.74B | 11.95B | 10.62B | 9.12B | 8.64B |
| Total Liabilities | 30.23B | 27.17B | 25.39B | 23.76B | 21.57B | 23.59B | 21.78B | 19.74B | 18.57B | 17.33B |
| Shareholders' Equity | 9.14B | 8.23B | 7.54B | 7.01B | 6.63B | 5.50B | 5.02B | 4.75B | 4.44B | 4.25B |
| Retained Earnings | 2.44B | 2.04B | 1.66B | 1.35B | 1.06B | 214.00M | -25.00M | -271.00M | -531.00M | -616.00M |
| Total Debt | 18.76B | 16.39B | 15.48B | 14.21B | 12.42B | 12.31B | 13.06B | 11.61B | 10.23B | 9.53B |
| Net Cash (Debt) | -18.25B | -16.28B | -15.26B | -14.05B | -11.97B | -12.28B | -12.92B | -11.46B | -10.04B | -9.29B |
| Shares Outstanding | 306.40M | 298.80M | 294.40M | 291.30M | 289.80M | 288.90M | 283.90M | 283.40M | 281.60M | 279.20M |
This table shows 10 annual periods of CMS Energy's balance sheet, from FY 2025 back to FY 2016, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow CMS's reporting calendar. What is a balance sheet?