CMS Energy Corporation (CMS) Income Statement
An income statement shows a company's revenue, expenses, and profit over a reporting period.
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy.
Total Revenue Chart for CMS Energy Corporation
CMS Energy Corporation (CMS) revenue for FY2025 was USD 8.5B, a 13.6% change from FY2024. CMS Energy Corporation's revenue grew from USD 3.3B in 1985 to USD 8.5B in 2025 (158.9% over 40 years). Earnings per share grew from USD 0.37 in 2000 to USD 3.53 in 2025 (863.6%). Revenue compound annual growth rate: 5-year CAGR of 5.9%, 10-year CAGR of 2.8%, 20-year CAGR of 1.9%.
Total Revenue (US Dollars)
R&D as % of Revenue
Compare with
Key Stats
- Market Cap
- $21.80B
- Implied Share Price
- $69.52
- Enterprise Value
- $41.37B
- Revenue (TTM)
- $8.97B
- EBITDA
- $2.49B
- Profit Margin
- 9.72%
- Trailing P/E
- 24.83
- Forward P/E
- 16.47
- Price/Book (MRQ)
- 2.25
- Price/Sales (TTM)
- 2.43
- EV/EBITDA
- 14.41
- EV/Revenue
- 4.61
- Dividend Yield
- 3.30%
- Book Value
- $30.30
- Free Cash Flow (FY2025)
- -$1.59B
- Free Cash Flow Yield
- -7.29%
Snapshot as of 30th October 2026 — not point-in-time controlled, may lag the live market by a few days.