CMS Energy Quarterly Balance Sheet
NYSE: CMSUtilitiesPower GenerationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CMS Energy financial position
As of Jun 30, 2026, CMS Energy reported total assets of $40.91 billion, up 8.5% from a year earlier against total liabilities of $30.51 billion. Shareholders' equity stood at $9.77 billion, or 23.9% of assets. The company held $241.0 million in cash and equivalents against $19.04 billion of debt, a net debt position of $18.80 billion.
The current ratio (current assets divided by current liabilities) was 0.94, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.95.
Summary generated from market data by MetaCap's automated system. Methodology
CMS Energy balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 241.00M | 175.00M | 509.00M | 362.00M | 844.00M | 465.00M | 103.00M | 412.00M | 699.00M | 802.00M | 227.00M | 157.00M |
| Total Current Assets | 2.87B | 3.02B | 3.47B | 2.75B | 3.19B | 2.78B | 2.79B | 2.70B | 2.98B | 3.09B | 2.84B | 2.45B |
| Property, Plant & Equipment | 32.33B | 31.53B | 30.68B | 29.69B | 28.85B | 27.90B | 27.46B | 26.67B | 25.88B | 25.28B | 25.07B | 24.69B |
| Total Assets | 40.91B | 40.28B | 39.94B | 38.01B | 37.70B | 36.30B | 35.92B | 34.82B | 34.35B | 33.90B | 33.52B | 32.51B |
| Short-Term Debt | 864.00M | 1.40B | 950.00M | 1.20B | 1.10B | 704.00M | 1.19B | 503.00M | 767.00M | 767.00M | 975.00M | 1.04B |
| Total Current Liabilities | 3.06B | 3.59B | 3.55B | 3.05B | 3.20B | 2.63B | 3.52B | 2.19B | 2.53B | 2.29B | 2.90B | 2.72B |
| Long-Term Debt | 18.17B | 17.46B | 17.81B | 16.77B | 16.78B | 16.15B | 15.19B | 15.55B | 14.92B | 14.97B | 14.51B | 14.11B |
| Total Liabilities | 30.51B | 30.23B | 30.23B | 28.58B | 28.73B | 27.37B | 27.17B | 26.18B | 25.81B | 25.39B | 25.39B | 24.75B |
| Shareholders' Equity | 9.77B | 9.47B | 9.14B | 8.86B | 8.39B | 8.34B | 8.23B | 8.11B | 8.00B | 7.95B | 7.54B | 7.19B |
| Retained Earnings | 2.55B | 2.60B | 2.44B | 2.32B | 2.21B | 2.17B | 2.04B | 1.93B | 1.83B | 1.79B | 1.66B | 1.50B |
| Total Debt | 19.04B | 18.86B | 18.76B | 17.97B | 17.88B | 16.85B | 16.39B | 16.05B | 15.68B | 15.74B | 15.48B | 15.15B |
| Net Cash (Debt) | -18.80B | -18.68B | -18.25B | -17.61B | -17.04B | -16.39B | -16.28B | -15.64B | -14.98B | -14.94B | -15.26B | -14.99B |
| Shares Outstanding | 313.60M | 308.90M | 306.40M | 304.30M | 299.30M | 299.10M | 298.80M | 298.80M | 298.70M | 298.60M | 294.40M | 291.80M |
This table shows 12 quarterly periods of CMS Energy's balance sheet, from Q2 2026 back to Q3 2023, 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?