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CMS FINANCIAL STATEMENTS

CMS Energy Corporation — balance sheet, income statement and cash flow trends

CMSCMS Energy Corporation

🇺🇸 USA · US · Utilities · Utilities - Regulated Electric

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income to Owners
02.5 B5 B7.5 B202020222023202420252026

Profit Funnel

Q2 2026 · TTM
Revenue8.8 B $Gross Profit4 B $ · 46%Operating Income1.7 B $ · 19%Pre-tax Income1.1 B $ · 13%Net Income to Owners1 B $ · 12%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue8.8 B $+9.9%
Gross Profit4 B $+19.7%
Operating Income1.7 B $+4.2%
EBITDA3.1 B $-3.1%
Net Income to Owners1 B $+0.8%

No peer data is available for this stock.

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
020 B40 B202020222023202420252026

Capital Structure

Q2 2026
Total Assets41.1 B
  • Equity9.8 B $24%
  • Current Liabilities3.4 B $8%
  • Long-term Liabilities27.3 B $68%

Key Figures

YoY change
Total Assets41.1 B $+9.0%
Total Liabilities30.7 B $+6.9%
Total Equity9.8 B $+16.4%
Cash & ST Investments241 M $-71.4%
Total Debt19.3 B $+7.0%
Net Debt19.1 B $+10.8%

No peer data is available for this stock.

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
-2 B02 B4 B202020222023202420252026

Cash Flow Bridge

Q2 2026 · TTM
-2 B02 B2.1 B $Operating-4.2 B $Investing1.5 B $Financing-580 M $Net Change

Key Figures

YoY change
Operating Cash Flow2.1 B $+1.3%
Capital Expenditures4.1 B $+16.1%
Free Cash Flow-1.9 B $—
Dividends Paid-690 M $-207.3%

No peer data is available for this stock.

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Sep 2, 26. This content is for informational purposes only and is not investment advice.