CMS ENERGY CORP Income Statement

CMSA|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

CMS ENERGY CORP reported $7.5B in revenue and $887M in net income for FY2025. Revenue has grown at a 1.3% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 0.41 (distress zone, below 1.8 threshold)
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$7.5B	$8.6B	$7.3B	$6.4B	$6.6B	$6.9B	$6.6B	$6.4B	$6.5B	$7.2B	$6.6B	$6.3B	$6.5B	$6.4B	$6.2B
Operating Income	$1.2B	$1.2B	$1.1B	$1.2B	$1.1B	$1.2B	$1.3B	$1.3B	$1.2B	$1.2B	$1.1B	$1.0B	$1.0B	$978.0M	$698.0M
Interest Expense	$616.0M	$509.0M	$500.0M	$505.0M	$460.0M	$458.0M	$438.0M	$435.0M	$396.0M	$407.0M	$398.0M	$389.0M	$415.0M	$431.0M	$435.0M
Income Tax	$147.0M	$93.0M	$95.0M	$115.0M	$131.0M	$115.0M	$424.0M	$273.0M	$271.0M	$250.0M	$302.0M	$245.0M	$191.0M	$224.0M	$115.0M
Net Income	$887.0M	$837.0M	$1.4B	$755.0M	$680.0M	$657.0M	$460.0M	$551.0M	$523.0M	$477.0M	$452.0M	$382.0M	$417.0M	$340.0M	$229.0M
EPS (Basic)	$3.01	$2.85	$4.66	$2.65	$2.40	$2.33	$1.64	$1.99	$1.90	$1.76	$1.71	$1.46	$1.66	$1.40	$0.96
EPS (Diluted)	$3.01	$2.85	$4.66	$2.64	$2.39	$2.32	$1.64	$1.98	$1.89	$1.74	$1.66	$1.42	$1.58	$1.28	$0.91
Shares Outstanding	298.8M	294.4M	291.3M	289.8M	288.9M	283.9M	283.4M	281.6M	279.2M	277.2M	275.2M	266.1M	264.1M	254.1M	249.6M
Operating Margin	16.6%	14.2%	15.6%	19.2%	16.8%	16.9%	20.3%	19.6%	18.3%	16.1%	17.4%	16.0%	15.4%	15.2%	11.3%
Profit Margin	11.9%	9.7%	18.5%	11.8%	10.3%	9.6%	7.0%	8.6%	8.1%	6.6%	6.9%	6.1%	6.4%	5.3%	3.7%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

CMS ENERGY CORP Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$7.5B

$8.6B

$7.3B

$6.4B

$6.6B

$6.9B

$6.6B

$6.4B

$6.5B

$7.2B

$6.6B

$6.3B

$6.5B

$6.4B

$6.2B

Operating Income

$1.2B

$1.1B

$1.2B

$1.1B

$1.2B

$1.3B

$1.2B

$1.1B

$1.0B

$978.0M

$698.0M

Interest Expense

$616.0M

$509.0M

$500.0M

$505.0M

$460.0M

$458.0M

$438.0M

$435.0M

$396.0M

$407.0M

$398.0M

$389.0M

$415.0M

$431.0M

$435.0M

Income Tax

$147.0M

$93.0M

$95.0M

$115.0M

$131.0M

$115.0M

$424.0M

$273.0M

$271.0M

$250.0M

$302.0M

$245.0M

$191.0M

$224.0M

$115.0M

Net Income

$887.0M

$837.0M

$1.4B

$755.0M

$680.0M

$657.0M

$460.0M

$551.0M

$523.0M

$477.0M

$452.0M

$382.0M

$417.0M

$340.0M

$229.0M

EPS (Basic)

$3.01

$2.85

$4.66

$2.65

$2.40

$2.33

$1.64

$1.99

$1.90

$1.76

$1.71

$1.46

$1.66

$1.40

$0.96

EPS (Diluted)

$3.01

$2.85

$4.66

$2.64

$2.39

$2.32

$1.64

$1.98

$1.89

$1.74

$1.66

$1.42

$1.58

$1.28

$0.91

Shares Outstanding

298.8M

294.4M

291.3M

289.8M

288.9M

283.9M

283.4M

281.6M

279.2M

277.2M

275.2M

266.1M

264.1M

254.1M

249.6M

Operating Margin

16.6%

14.2%

15.6%

19.2%

16.8%

16.9%

20.3%

19.6%

18.3%

16.1%

17.4%

16.0%

15.4%

15.2%

11.3%

Profit Margin

11.9%

9.7%

18.5%

11.8%

10.3%

9.6%

7.0%

8.6%

8.1%

6.6%

6.9%

6.1%

6.4%

5.3%

3.7%