Company / Free Cash Flow
CMS Energy Free Cash Flow History
FY2016-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$1.5B
FY2022
5-year range
-$1.5B / -$257.0M
FY2018-FY2022
Trend
-491.1%
vs FY2021
Sector context
#50 of 60
Utilities
What the data says
Free Cash Flow changed -491% YoY in FY2022, a notable deviation from the 6-year average annual change of -245%.
Based on SEC 10-K filings.
-$1.5B in FY2022.
Declined from -$1.0B to -$1.5B over the past 2 years.
Utilities sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in UtilitiesTop 83% of 60This company -$1.5B Sector average -$543.6M
▼
-179.4% below sector average
Key checks
Key Insights
- In FY2022, free cash flow decreased 491.1% year-over-year.
- Ranks #50 out of 60 companies in the Utilities sector.
- Peak free cash flow was recorded in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.52 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | -$1.5B | -491.1% |
| FY2021 | -$257.0M | +75.2% |
| FY2020 | -$1.0B | -237.1% |
| FY2019 | -$307.0M | +17.3% |
| FY2018 | -$371.0M | -1027.5% |
| FY2017 | $40.0M | +193.0% |
| FY2016 | -$43.0M | -156.6% |
As of FY2022 · SEC 10-K · Updated Feb 28, 2026