Company / Revenue
CMS ENERGY CORP Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$7.5B
FY2025
5-year range
$6.4B / $8.6B
FY2021-FY2025
Trend
-13.2%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Revenue has fluctuated over the past 10 years, ranging from $6.4B in FY2018 to $8.6B in FY2024.
Based on SEC 10-K filings.
$7.5B in FY2025 with a 5-year CAGR of +1.7%.
Remained stable around $7.5B over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +5.2%
- 5-Year CAGR
- +1.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.7%, indicating consistent growth.
- In FY2025, revenue decreased 13.2% year-over-year.
- Peak revenue was recorded in FY2024.
- Lowest revenue in the period was in FY2018.
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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.5B | -13.2% |
| FY2024 | $8.6B | +17.3% |
| FY2023 | $7.3B | +14.2% |
| FY2022 | $6.4B | -3.1% |
| FY2021 | $6.6B | -3.6% |
| FY2020 | $6.9B | +4.4% |
| FY2019 | $6.6B | +2.9% |
| FY2018 | $6.4B | -0.9% |
| FY2017 | $6.5B | -10.1% |
| FY2016 | $7.2B | +9.3% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026