CMS Energy Corporation (CMS) Cash Flow Statement

A cash flow statement shows the actual cash a company generated and spent across operating, investing, and financing activities 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 Cash From Operating Activities Chart for CMS Energy Corporation

CMS Energy Corporation (CMS) operating cash flow for FY2025 was USD 2.2B, a -5.7% change from FY2024. CMS Energy Corporation's operating cash flow grew from USD 612.0M in 1994 to USD 2.2B in 2025 (265.2% over 31 years). Operating cash flow compound annual growth rate: 5-year CAGR of 11.9%, 10-year CAGR of 3.1%, 20-year CAGR of 6.8%.

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Total Cash From Operating Activities (US Dollars)

R&D as % of Revenue

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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.