Company / Operating Income
CMS ENERGY CORP Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.2B
FY2025
5-year range
$1.1B / $1.2B
FY2021-FY2025
Trend
+0.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Income has fluctuated over the past 10 years, ranging from $1.1B in FY2021 to $1.3B in FY2019.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +1.2%.
Improved from $1.1B to $1.2B over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- +0.1%
- 5-Year CAGR
- +1.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.2%, indicating consistent growth.
- In FY2025, operating income increased 0.9% year-over-year.
- Peak operating income was recorded in FY2019.
- Lowest operating income in the period was in FY2021.
Company context
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.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +0.9% |
| FY2024 | $1.2B | +6.8% |
| FY2023 | $1.1B | -6.8% |
| FY2022 | $1.2B | +10.3% |
| FY2021 | $1.1B | -4.0% |
| FY2020 | $1.2B | -13.2% |
| FY2019 | $1.3B | +6.5% |
| FY2018 | $1.3B | +6.6% |
| FY2017 | $1.2B | +2.3% |
| FY2016 | $1.2B | +0.9% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026