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CMS ENERGY CORP
CIK 811156Updated Sep 29, 2026
CMS price & chart
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Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock News provided by CMS Energy Nov 14, 2025, 13:00 ET Share this article Share to X Share this article Share to X JACKSON, Mich. , Nov. 14, 2025 /PRNewswire/ -- The Board of Directors of Consumers E ↗
Recent filings
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
144/A filing
Other Events
Items 8.01, 9.01
424B5 filing
Show 5 more recent filings
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Submission of Matters to a Vote of Security Holders
Items 5.03, 5.07, 9.01
SCHEDULE 13G - filed by VANGUARD CAPITAL MANAGEMENT LLC regarding CMS ENERGY CORP
SCHEDULE 13G - filed by VANGUARD PORTFOLIO MANAGEMENT LLC regarding CMS ENERGY CORP
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
DEFA14A filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 39,941,000,000Source | 35,920,000,000Source | 33,517,000,000Source | 31,353,000,000Source |
| Property, Plant and Equipment, NetUSD | 30,680,000,000Source | 27,461,000,000Source | 25,072,000,000Source | 22,713,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 509,000,000Source | 103,000,000Source | 227,000,000Source | 164,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 1,564,000,000Source |
| Assets, CurrentUSD | 3,472,000,000Source | 2,790,000,000Source | 2,839,000,000Source | 3,433,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 22,000,000Source | 24,000,000Source | 26,000,000Source | 31,000,000Source |
| Other Assets, NoncurrentUSD | 398,000,000Source | 384,000,000Source | 357,000,000Source | 310,000,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 224,000,000Source | 224,000,000Source | 224,000,000Source | 224,000,000Source |
| Common Stock, Value, IssuedUSD | 3,000,000Source | 3,000,000Source | 3,000,000Source | 3,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,443,000,000Source | 2,035,000,000Source | 1,658,000,000Source | 1,350,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -36,000,000Source | -41,000,000Source | -46,000,000Source | -52,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 9,144,000,000Source | 8,230,000,000Source | 7,544,000,000Source | 7,015,000,000Source |
| Additional Paid in Capital, Common StockUSD | 6,510,000,000Source | 6,009,000,000Source | 5,705,000,000Source | 5,490,000,000Source |
| Liabilities and EquityUSD | 39,941,000,000Source | 35,920,000,000Source | 33,517,000,000Source | 31,353,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,548,000,000Source | 3,521,000,000Source | 2,895,000,000Source | 2,985,000,000Source |
| Operating Lease, Liability, CurrentUSD | 3,000,000Source | 3,000,000Source | 4,000,000Source | 4,000,000Source |
| Accounts Payable, CurrentUSD | — | — | — | 928,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 19,000,000Source | 21,000,000Source | 22,000,000Source | 27,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 3,252,000,000Source | 2,925,000,000Source | 2,615,000,000Source | 2,407,000,000Source |
| Other Liabilities, NoncurrentUSD | 392,000,000Source | 407,000,000Source | 415,000,000Source | 397,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 567,000,000Source | 518,000,000Source | 581,000,000Source | 580,000,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 3,252,000,000Source | 2,925,000,000Source | 2,615,000,000Source | 2,407,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 950,000,000Source | 1,192,000,000Source | 975,000,000Source | 1,090,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 17,807,000,000Source | 15,194,000,000Source | 14,508,000,000Source | 13,122,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,002,000,000Source | 947,000,000Source | 808,000,000Source | 813,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,306,000,000Source | 1,240,000,000Source | 1,180,000,000Source | 1,126,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 28,000,000Source | -164,000,000Source | -185,000,000Source | 450,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 207,000,000Source | 146,000,000Source | 145,000,000Source | 69,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,235,000,000Source | 2,370,000,000Source | 2,309,000,000Source | 855,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -4,038,000,000Source | -3,054,000,000Source | -3,386,000,000Source | -2,476,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 214,000,000Source | 160,000,000Source | 167,000,000Source | 107,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | 2,374,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,240,000,000Source | 614,000,000Source | 1,143,000,000Source | 1,327,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -65,000,000Source | -21,000,000Source | -54,000,000Source | -60,000,000Source |
| Repayments of Long-term DebtUSD | 1,150,000,000Source | 952,000,000Source | 2,132,000,000Source | 106,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 437,000,000Source | -70,000,000Source | 66,000,000Source | -294,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 615,000,000Source | 178,000,000Source | 248,000,000Source | 182,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 741,000,000Source | 677,000,000Source | 607,000,000Source | 490,000,000Source |
| Income Taxes Paid, NetUSD | -20,000,000Source | -69,000,000Source | 15,000,000Source | 1,000,000Source |
| Additional Financial Items | ||||
| Asset Retirement Obligation, Accretion ExpenseUSD | 33,000,000Source | 35,000,000Source | 33,000,000Source | 28,000,000Source |
| DepreciationUSD | 1,099,000,000Source | 1,041,000,000Source | 1,050,000,000Source | 990,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 1,061,000,000Source | 993,000,000Source | 876,000,000Source | 823,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 1,002,000,000Source | 947,000,000Source | 807,000,000Source | 809,000,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 1,000,000Source | 4,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 5,000,000Source | 7,000,000Source | 7,000,000Source | 3,000,000Source |
| Income Tax Expense (Benefit)USD | 246,000,000Source | 176,000,000Source | 147,000,000Source | 93,000,000Source |
| InterestExpenseNonoperatingUSD | 789,000,000Source | 708,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 1,071,000,000Source | 1,003,000,000Source | 887,000,000Source | 837,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -69,000,000Source | -56,000,000Source | -79,000,000Source | -24,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,061,000,000Source | 993,000,000Source | 877,000,000Source | 827,000,000Source |
| Nonoperating Income (Expense)USD | 310,000,000Source | 344,000,000Source | 362,000,000Source | 197,000,000Source |
| Proceeds from Issuance of Common StockUSD | 525,000,000Source | 286,000,000Source | 192,000,000Source | 69,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 3,609,000,000Source | 1,962,000,000Source | 3,551,000,000Source | 1,899,000,000Source |
| Proceeds from Noncontrolling InterestsUSD | 4,000,000Source | 5,000,000Source | 6,000,000Source | 2,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 8,305,000,000Source | 7,320,000,000Source | 7,261,000,000Source | 8,320,000,000Source |
| Operating Income (Loss)USD | 1,727,000,000Source | 1,487,000,000Source | 1,235,000,000Source | 1,224,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,248,000,000Source | 1,123,000,000Source | 954,000,000Source | 902,000,000Source |
| Income Tax Expense (Benefit)USD | 246,000,000Source | 176,000,000Source | 147,000,000Source | 93,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -69,000,000Source | -56,000,000Source | -79,000,000Source | -24,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,071,000,000Source | 1,003,000,000Source | 887,000,000Source | 837,000,000Source |
| Earnings Per Share, BasicUSD per share | 3.53Source | 3.34Source | 3.01Source | 2.85Source |
| Earnings Per Share, DilutedUSD per share | 3.53Source | 3.33Source | 3.01Source | 2.85Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 300,400,000Source | 297,600,000Source | 291,200,000Source | 289,500,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 301,000,000Source | 298,300,000Source | 291,700,000Source | 290,000,000Source |
| Interest Expense (non-operating)USD | 789,000,000Source | 708,000,000Source | — | — |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 2.17Source | 2.06Source | 1.95Source | 1.84Source |
| Costs and ExpensesUSD | 6,812,000,000Source | 6,028,000,000Source | 6,227,000,000Source | 7,372,000,000Source |
| Current Income Tax Expense (Benefit)USD | 43,000,000Source | 34,000,000Source | 6,000,000Source | 6,000,000Source |
| Fuel CostsUSD | 657,000,000Source | 624,000,000Source | 561,000,000Source | 905,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 1,061,000,000Source | 993,000,000Source | 876,000,000Source | 823,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 1,002,000,000Source | 947,000,000Source | 807,000,000Source | 809,000,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 3.53Source | 3.34Source | 3.01Source | 2.84Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 3.53Source | 3.33Source | 3.01Source | 2.84Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 1,000,000Source | 4,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 5,000,000Source | 7,000,000Source | 7,000,000Source | 3,000,000Source |
| Interest ExpenseUSD | — | — | 643,000,000Source | 519,000,000Source |
| Interest Expense, DebtUSD | 798,000,000Source | 700,000,000Source | 616,000,000Source | 509,000,000Source |
| Interest Income, OtherUSD | — | — | — | 5,000,000Source |
| Lease IncomeUSD | 149,000,000Source | 105,000,000Source | 116,000,000Source | 240,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,061,000,000Source | 993,000,000Source | 877,000,000Source | 827,000,000Source |
| Nonoperating Income (Expense)USD | 310,000,000Source | 344,000,000Source | 362,000,000Source | 197,000,000Source |
| Other Cost and Expense, OperatingUSD | 1,727,000,000Source | 1,638,000,000Source | 1,687,000,000Source | 1,669,000,000Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 1.05Source | 1.05Source | 1.05Source | 1.05Source |
| Taxes, MiscellaneousUSD | 513,000,000Source | 482,000,000Source | 447,000,000Source | 412,000,000Source |
Filing attachments
tm2621427d1_ex99-1.htm · 8-K · 2026-07-28
EX-99.1 2 tm2621427d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CMS Energy Announces Second Quarter Results, Strategic Decision on NorthStar Clean Energy Services, Introduces Guidance for 2027 JACKSON, Mich., July 28, 2026 - CMS Energy announced today reported earnings per share of $0.37 for the second quarter of 2026, compared to $0.66 per share for 2025. The company’s adjusted earnings per share for the second quarter were $0.37, compared to $0.71 per share for 2025. For the first six months …
Read attachment ↗tm2621427d1_ex99-2.htm · 8-K · 2026-07-28
EX-99.2 3 tm2621427d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 2026 Second Quarter Results & Outlook July 28, 2026 2 Enter “so what” if necessary - Century Gothic, Bold, Size 18 or smaller This presentation is made as of the date hereof and contains “forward - looking statements” as defined in Rule 3b - 6 of the Securit ies Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward - looking statements are subject to risks and uncertainties. All for…
Read attachment ↗tm2616692d1_ex99-1.htm · 8-K · 2026-06-03
EX-99.1 2 tm2616692d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CMS Energy Announces Sri Maddipati as Chief Financial Officer, Chris Fultz as President of Electric Supply JACKSON, Mich., June 3, 2026 - CMS Energy announced today, Sri Maddipati, currently Consumers Energy’s senior vice president and president of electric supply, will be named CMS Energy and Consumers Energy Executive Vice President and Chief Financial Officer, effective on June 3. Sri will oversee Investor Relations, Treasury, T…
Read attachment ↗tm2612873d1_ex99-1.htm · 8-K · 2026-04-28
EX-99.1 2 tm2612873d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CMS Energy Announces First Quarter Results for 2026, Reaffirms 2026 Adjusted EPS Guidance JACKSON, Mich., April 28, 2026 - CMS Energy announced today reported earnings per share of $1.10 for the first quarter of 2026, compared to $1.01 per share for 2025. The company’s adjusted earnings per share for the first quarter were $1.13, compared to $1.02 per share for 2025. CMS Energy reaffirmed its 2026 adjusted earnings guidance of $3.…
Read attachment ↗tm2612873d1_ex99-2.htm · 8-K · 2026-04-28
EX-99.2 3 tm2612873d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 2026 First Quarter Results & Outlook April 28, 2026 2 Enter “so what” if necessary - Century Gothic, Bold, Size 18 or smaller This presentation is made as of the date hereof and contains “forward - looking statements” as defined in Rule 3b - 6 of the Securit ies Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward - looking statements are subject to risks and uncertainties. All for…
Read attachment ↗tm2530408d1_ex4-1.htm · 8-K · 2025-11-06
EX-4.1 2 tm2530408d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 Execution Version CMS ENERGY CORPORATION AND THE BANK OF NEW YORK MELLON, as Trustee INDENTURE Dated as of November 6, 2025 3.125% Convertible Senior Notes due 2031 TABLE OF CONTENTS Page Article 1 Definitions Section 1.01 . Definitions …
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