Cms Energy revenue and financials
$64.70Change from previous close: +1.05%Absolute change: +$0.67
In the fiscal year ended December 2025, Cms Energy reported revenue of $8.54B (+13.63% year over year). Net income was $1.07B, a net margin of 12.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +13.63%
- 2025 vs 2024
- Net income growth
- +6.78%
- 2025 vs 2024
- Net margin
- 12.5%
- 2024: 13.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 39,941 | 35,920 | 33,517 | 31,353 | 28,753 | 29,666 | 26,837 | 24,529 | 23,050 | 21,622 |
| Current assets | 3,472 | 2,790 | 2,839 | 3,433 | 2,627 | 2,404 | 2,331 | 2,468 | 2,475 | 2,280 |
| Cash and equivalents | 509 | 103 | 227 | 164 | 452 | 168 | 140 | 153 | 182 | 235 |
| Receivables | 1,323 | 1,063 | 944 | 1,580 | — | — | — | — | — | — |
| Inventory | 791 | 769 | 938 | 1,117 | — | — | — | — | — | — |
| Net property, plant and equipment | 30,702 | 27,485 | 25,098 | 22,744 | 22,378 | — | — | — | — | — |
| Long-term investments | 61.0 | 69.0 | 76.0 | 71.0 | — | — | — | — | — | — |
| Current liabilities | 3,548 | 3,521 | 2,895 | 2,985 | 2,204 | 3,074 | 2,704 | 2,624 | 2,784 | 2,655 |
| Accounts payable | 1,395 | 1,085 | 802 | 928 | — | — | — | — | — | — |
| Long-term debt | 17,807 | 15,194 | 14,508 | 13,122 | 12,046 | 13,634 | 11,951 | 10,615 | 9,123 | 8,640 |
| Total debt | 18,898 | 16,566 | 15,643 | 14,309 | — | — | — | — | — | — |
| Total liabilities | 30,230 | 27,172 | 25,392 | 23,758 | 21,565 | — | — | — | — | — |
| Total equity (incl. minority) | 9,711 | 8,748 | 8,125 | 7,595 | 7,188 | — | — | — | — | — |
| Retained earnings | 2,443 | 2,035 | 1,658 | 1,350 | 1,057 | — | — | — | — | — |
| Minority interest | 567 | 518 | 581 | 580 | 557 | — | — | — | — | — |