Security
CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 · CMSD
CMSDNYSEotherCurrentCIK 811156Updated Nov 5, 2026
CMSD price & chart
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Recent filings
Other Events
Items 8.01, 9.01
424B2 filing
FWP - filed by CMS ENERGY CORP regarding CMS ENERGY CORP
424B5 filing
10-Q filing
Show 5 more recent filings
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
S-3ASR filing
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
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 38,008,000,000Source | 34,817,000,000Source | 40,905,000,000Source | 37,699,000,000Source | 34,355,000,000Source | 40,285,000,000Source | 36,295,000,000Source | 33,901,000,000Source | 39,941,000,000Source | 35,920,000,000Source | 33,517,000,000Source | 31,353,000,000Source |
| Property, Plant and Equipment, NetUSD | 29,690,000,000Source | 26,671,000,000Source | 32,329,000,000Source | 28,847,000,000Source | 25,877,000,000Source | 31,533,000,000Source | 27,903,000,000Source | 25,280,000,000Source | 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 | 362,000,000Source | 412,000,000Source | 241,000,000Source | 844,000,000Source | 699,000,000Source | 175,000,000Source | 465,000,000Source | 802,000,000Source | 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 | 2,745,000,000Source | 2,703,000,000Source | 2,866,000,000Source | 3,193,000,000Source | 2,985,000,000Source | 3,025,000,000Source | 2,782,000,000Source | 3,091,000,000Source | 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 | 202,000,000Source | 198,000,000Source | 302,000,000Source | 254,000,000Source | 263,000,000Source | 341,000,000Source | 310,000,000Source | 318,000,000Source | 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 | 224,000,000Source | 224,000,000Source | 224,000,000Source | 224,000,000Source | 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 | 3,000,000Source | 3,000,000Source | 3,000,000Source | 3,000,000Source | 3,000,000Source | 3,000,000Source | 3,000,000Source | 3,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,323,000,000Source | 1,928,000,000Source | 2,546,000,000Source | 2,210,000,000Source | 1,830,000,000Source | 2,605,000,000Source | 2,174,000,000Source | 1,789,000,000Source | 2,443,000,000Source | 2,035,000,000Source | 1,658,000,000Source | 1,350,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -41,000,000Source | -45,000,000Source | -35,000,000Source | -41,000,000Source | -45,000,000Source | -35,000,000Source | -41,000,000Source | -45,000,000Source | -36,000,000Source | -41,000,000Source | -46,000,000Source | -52,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 8,864,000,000Source | 8,111,000,000Source | 9,774,000,000Source | 8,394,000,000Source | 8,003,000,000Source | 9,466,000,000Source | 8,335,000,000Source | 7,946,000,000Source | 9,144,000,000Source | 8,230,000,000Source | 7,544,000,000Source | 7,015,000,000Source |
| Additional Paid in Capital, Common StockUSD | 6,355,000,000Source | 6,001,000,000Source | 7,036,000,000Source | 5,998,000,000Source | 5,991,000,000Source | 6,669,000,000Source | 5,975,000,000Source | 5,975,000,000Source | 6,510,000,000Source | 6,009,000,000Source | 5,705,000,000Source | 5,490,000,000Source |
| Liabilities and EquityUSD | 38,008,000,000Source | 34,817,000,000Source | 40,905,000,000Source | 37,699,000,000Source | 34,355,000,000Source | 40,285,000,000Source | 36,295,000,000Source | 33,901,000,000Source | 39,941,000,000Source | 35,920,000,000Source | 33,517,000,000Source | 31,353,000,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 3,052,000,000Source | 2,191,000,000Source | 3,063,000,000Source | 3,196,000,000Source | 2,528,000,000Source | 3,592,000,000Source | 2,627,000,000Source | 2,295,000,000Source | 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 | 3,172,000,000Source | 2,837,000,000Source | 3,399,000,000Source | 3,079,000,000Source | 2,785,000,000Source | 3,345,000,000Source | 3,002,000,000Source | 2,679,000,000Source | 3,252,000,000Source | 2,925,000,000Source | 2,615,000,000Source | 2,407,000,000Source |
| Other Liabilities, NoncurrentUSD | 396,000,000Source | 427,000,000Source | 444,000,000Source | 409,000,000Source | 429,000,000Source | 417,000,000Source | 370,000,000Source | 413,000,000Source | 392,000,000Source | 407,000,000Source | 415,000,000Source | 397,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 567,000,000Source | 530,000,000Source | 625,000,000Source | 577,000,000Source | 538,000,000Source | 585,000,000Source | 588,000,000Source | 560,000,000Source | 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 | 1,200,000,000Source | 503,000,000Source | 864,000,000Source | 1,100,000,000Source | 767,000,000Source | 1,400,000,000Source | 704,000,000Source | 767,000,000Source | 950,000,000Source | 1,192,000,000Source | 975,000,000Source | 1,090,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 16,774,000,000Source | 15,548,000,000Source | 18,172,000,000Source | 16,781,000,000Source | 14,917,000,000Source | 17,456,000,000Source | 16,148,000,000Source | 14,973,000,000Source | 17,807,000,000Source | 15,194,000,000Source | 14,508,000,000Source | 13,122,000,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 272,000,000Source | 247,000,000Source | 96,000,000Source | 193,000,000Source | 277,000,000Source | 295,000,000Source | 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 | — | — | 288,000,000Source | 273,000,000Source | 308,000,000Source | 288,000,000Source | 412,000,000Source | 388,000,000Source | 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 | — | — | — | — | — | — | -148,000,000Source | -190,000,000Source | 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 | — | — | — | — | — | — | 705,000,000Source | 1,000,000,000Source | 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 | — | — | — | — | — | — | -1,073,000,000Source | -918,000,000Source | -4,038,000,000Source | -3,054,000,000Source | -3,386,000,000Source | -2,476,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | 34,000,000Source | 30,000,000Source | 214,000,000Source | 160,000,000Source | 167,000,000Source | 107,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 1,039,000,000Source | 888,000,000Source | — | — | — | 2,374,000,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 16,000,000Source | 266,000,000Source | 2,240,000,000Source | 614,000,000Source | 1,143,000,000Source | 1,327,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | — | — | — | -26,000,000Source | -33,000,000Source | -65,000,000Source | -21,000,000Source | -54,000,000Source | -60,000,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 204,000,000Source | 717,000,000Source | 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 | — | — | — | — | — | — | -352,000,000Source | 348,000,000Source | 437,000,000Source | -70,000,000Source | 66,000,000Source | -294,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 432,000,000Source | 467,000,000Source | 345,000,000Source | 925,000,000Source | 263,000,000Source | 526,000,000Source | 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 | — | — | 275,000,000Source | 251,000,000Source | 117,000,000Source | 198,000,000Source | 338,000,000Source | 302,000,000Source | 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 | — | — | 272,000,000Source | 247,000,000Source | 96,000,000Source | 193,000,000Source | 277,000,000Source | 295,000,000Source | 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 | 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 | — | — | 68,000,000Source | 26,000,000Source | 33,000,000Source | 62,000,000Source | 85,000,000Source | 63,000,000Source | 246,000,000Source | 176,000,000Source | 147,000,000Source | 93,000,000Source |
| InterestExpenseNonoperatingUSD | — | — | 203,000,000Source | 178,000,000Source | 210,000,000Source | 199,000,000Source | 203,000,000Source | 186,000,000Source | 789,000,000Source | 708,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 277,000,000Source | 253,000,000Source | 120,000,000Source | 201,000,000Source | 340,000,000Source | 304,000,000Source | 1,071,000,000Source | 1,003,000,000Source | 887,000,000Source | 837,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -5,000,000Source | -6,000,000Source | -24,000,000Source | -8,000,000Source | -63,000,000Source | -9,000,000Source | -69,000,000Source | -56,000,000Source | -79,000,000Source | -24,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 275,000,000Source | 251,000,000Source | 117,000,000Source | 198,000,000Source | 338,000,000Source | 302,000,000Source | 1,061,000,000Source | 993,000,000Source | 877,000,000Source | 827,000,000Source |
| Nonoperating Income (Expense)USD | — | — | 62,000,000Source | 84,000,000Source | 75,000,000Source | 137,000,000Source | 75,000,000Source | 50,000,000Source | 310,000,000Source | 344,000,000Source | 362,000,000Source | 197,000,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 166,000,000Source | 3,000,000Source | 525,000,000Source | 286,000,000Source | 192,000,000Source | 69,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | 258,000,000Source | 1,200,000,000Source | 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 | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 1,975,000,000Source | 1,711,000,000Source | 1,808,000,000Source | 1,798,000,000Source | 2,675,000,000Source | 2,398,000,000Source | 8,305,000,000Source | 7,320,000,000Source | 7,261,000,000Source | 8,320,000,000Source |
| Operating Income (Loss)USD | — | — | 481,000,000Source | 367,000,000Source | 264,000,000Source | 317,000,000Source | 490,000,000Source | 494,000,000Source | 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 | — | — | 340,000,000Source | 273,000,000Source | 129,000,000Source | 255,000,000Source | 362,000,000Source | 358,000,000Source | 1,248,000,000Source | 1,123,000,000Source | 954,000,000Source | 902,000,000Source |
| Income Tax Expense (Benefit)USD | — | — | 68,000,000Source | 26,000,000Source | 33,000,000Source | 62,000,000Source | 85,000,000Source | 63,000,000Source | 246,000,000Source | 176,000,000Source | 147,000,000Source | 93,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -5,000,000Source | -6,000,000Source | -24,000,000Source | -8,000,000Source | -63,000,000Source | -9,000,000Source | -69,000,000Source | -56,000,000Source | -79,000,000Source | -24,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 277,000,000Source | 253,000,000Source | 120,000,000Source | 201,000,000Source | 340,000,000Source | 304,000,000Source | 1,071,000,000Source | 1,003,000,000Source | 887,000,000Source | 837,000,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.92Source | 0.84Source | 0.38Source | 0.67Source | 1.1Source | 1.01Source | 3.53Source | 3.34Source | 3.01Source | 2.85Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.92Source | 0.84Source | 0.37Source | 0.66Source | 1.1Source | 1.01Source | 3.53Source | 3.33Source | 3.01Source | 2.85Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 299,700,000Source | 298,000,000Source | 310,200,000Source | 298,500,000Source | 306,400,000Source | 298,200,000Source | 300,400,000Source | 297,600,000Source | 291,200,000Source | 289,500,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 300,400,000Source | 298,800,000Source | 310,800,000Source | 299,100,000Source | 307,100,000Source | 299,100,000Source | 301,000,000Source | 298,300,000Source | 291,700,000Source | 290,000,000Source |
| Interest Expense (non-operating)USD | — | — | 203,000,000Source | 178,000,000Source | 210,000,000Source | 199,000,000Source | 203,000,000Source | 186,000,000Source | 789,000,000Source | 708,000,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.54Source | 0.52Source | 0.57Source | 0.54Source | 0.57Source | 0.54Source | 2.17Source | 2.06Source | 1.95Source | 1.84Source |
| Costs and ExpensesUSD | — | — | 1,540,000,000Source | 1,376,000,000Source | 1,565,000,000Source | 1,521,000,000Source | 2,240,000,000Source | 1,953,000,000Source | 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 | — | — | 153,000,000Source | 179,000,000Source | 104,000,000Source | 134,000,000Source | 220,000,000Source | 217,000,000Source | 657,000,000Source | 624,000,000Source | 561,000,000Source | 905,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | 275,000,000Source | 251,000,000Source | 117,000,000Source | 198,000,000Source | 338,000,000Source | 302,000,000Source | 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 | — | — | 272,000,000Source | 247,000,000Source | 96,000,000Source | 193,000,000Source | 277,000,000Source | 295,000,000Source | 1,002,000,000Source | 947,000,000Source | 807,000,000Source | 809,000,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | 0.92Source | 0.84Source | 0.38Source | 0.67Source | 1.1Source | 1.01Source | 3.53Source | 3.34Source | 3.01Source | 2.84Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | 0.92Source | 0.84Source | 0.37Source | 0.66Source | 1.1Source | 1.01Source | 3.53Source | 3.33Source | 3.01Source | 2.84Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 0Source | — | — | — | — | 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 | — | — | 204,000,000Source | 176,000,000Source | 211,000,000Source | 199,000,000Source | 209,000,000Source | 187,000,000Source | 798,000,000Source | 700,000,000Source | 616,000,000Source | 509,000,000Source |
| Interest Income, OtherUSD | — | — | — | — | — | — | — | — | — | — | — | 5,000,000Source |
| Lease IncomeUSD | — | — | 41,000,000Source | 26,000,000Source | 14,000,000Source | 34,000,000Source | 50,000,000Source | 42,000,000Source | 149,000,000Source | 105,000,000Source | 116,000,000Source | 240,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 275,000,000Source | 251,000,000Source | 117,000,000Source | 198,000,000Source | 338,000,000Source | 302,000,000Source | 1,061,000,000Source | 993,000,000Source | 877,000,000Source | 827,000,000Source |
| Nonoperating Income (Expense)USD | — | — | 62,000,000Source | 84,000,000Source | 75,000,000Source | 137,000,000Source | 75,000,000Source | 50,000,000Source | 310,000,000Source | 344,000,000Source | 362,000,000Source | 197,000,000Source |
| Other Cost and Expense, OperatingUSD | — | — | 416,000,000Source | 412,000,000Source | 464,000,000Source | 397,000,000Source | 448,000,000Source | 405,000,000Source | 1,727,000,000Source | 1,638,000,000Source | 1,687,000,000Source | 1,669,000,000Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | — | 2,000,000Source | 2,000,000Source | 3,000,000Source | 3,000,000Source | 2,000,000Source | 2,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 2,000,000Source | 2,000,000Source | 3,000,000Source | 3,000,000Source | 2,000,000Source | 2,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | — | — | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 0.26Source | 1.05Source | 1.05Source | 1.05Source | 1.05Source |
| Taxes, MiscellaneousUSD | — | — | 107,000,000Source | 99,000,000Source | 118,000,000Source | 109,000,000Source | 173,000,000Source | 162,000,000Source | 513,000,000Source | 482,000,000Source | 447,000,000Source | 412,000,000Source |
Offerings
Registration 333-299519
Filing attachments
tm2628799d1_ex4-1.htm · 8-K · 2026-11-03
Exhibit 4.1 TWELFTH SUPPLEMENTAL INDENTURE dated as of November 3, 2026 This Twelfth Supplemental Indenture, dated as of the 3rd day of November, 2026 (this “Twelfth Supplemental Indenture”), between CMS Energy Corporation, a corporation duly organized and existing under the laws of the State of Michigan (hereinafter called the “Issuer”) and having its principal office at One Energy Plaza, Jackson, Michigan 49201, and The Bank of New York Mellon, a New York banking corporation (hereinafter cal…
Read attachment ↗tm2628799d1_ex99-1.htm · 8-K · 2026-11-03
Exhibit 99.1 The expenses to be incurred by CMS Energy Corporation relating to the offering of $1,000,000,000 principal amount of its 6.800% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057, under CMS Energy Corporation’s Registration Statement on Form S-3 (Registration No. 333-293382) and a related prospectus supplement filed with the Securities and Exchange Commission and dated October 29, 2026 are estimated to be as follows: Estimated Fees SEC Registration Fee …
Read attachment ↗tm2628313d1_ex99-1.htm · 8-K · 2026-10-27
Exhibit 99.1 CMS Energy Announces Third Quarter Results, Reaffirms 2026 and 2027 Adjusted EPS Guidance JACKSON, Mich., Oct. 27, 2026 - CMS Energy announced today reported earnings per share of $0.39 for the third quarter of 2026, compared to $0.92 per share for 2025. The company’s adjusted earnings per share for the third quarter were $1.44, compared to $0.93 per share for 2025. Both the quarter and year-to-date GAAP results reflect asset impairment and restructuring activities associated with…
Read attachment ↗tm2628313d1_ex99-2.htm · 8-K · 2026-10-27
Exhibit 99.2 2026 Third Quarter Results & Outlook October 27, 2026 ────────────────────── Enter “so what” if necessary – Century Gothic, Bold, Size 18 or smaller2 This presentation is made as of the date hereof and contains “forward-looking statements” as defined in Rule 3b-6 of the Securities 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 forward-looking stateme…
Read attachment ↗tm2627669d1_ex99-1.htm · S-3ASR · 2026-10-19
Exhibit 99.1 CMS ENERGY CORPORATION STOCK PURCHASE PLAN TABLE OF CONTENTS ARTICLE I - Definitions 3 ARTICLE II - Participation 6 ARTICLE III - Dividend Reinvestment and Stock Purchase 7 ARTICLE IV - Safekeeping Services for Deposited Common Stock 8 ARTICLE V - Sale of Account Shares; Gift or Transfer of Account Shares 9 ARTICLE VI - El…
Read attachment ↗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 …
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