Company / Interest Expense
CMS Energy Interest Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$798.0M
FY2025
5-year range
$500.0M / $798.0M
FY2021-FY2025
Trend
+14.0%
vs FY2024
Sector context
#10 of 31
Utilities
What the data says
At $798M, CMS Energy's interest expense ranks #22 of 31 in the Utilities sector. Interest Expense has increased for 4 consecutive years, from $500M in FY2021 to $798M in FY2025.
Based on SEC 10-K filings.
$798M in FY2025 with a 5-year CAGR of +9.6%.
Increased from $643M to $798M over the past 2 years.
Utilities sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +15.4%
- 5-Year CAGR
- +9.6%
- 10-Year CAGR
- -
Sector benchmark
#22 of 31 in UtilitiesTop 68% of 31This company $798.0M Sector average $686.7M
▼
+16.2% above sector average
Key checks
Key Insights
- CMS Energy's interest expense has grown for 4 consecutive years.
- 5-year CAGR of +9.6%, indicating consistent growth.
- In FY2025, interest expense increased 14.0% year-over-year.
- Ranks #10 out of 31 companies in the Utilities sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $798.0M | +14.0% |
| FY2024 | $700.0M | +8.9% |
| FY2023 | $643.0M | +23.9% |
| FY2022 | $519.0M | +3.8% |
| FY2021 | $500.0M | -1.0% |
| FY2020 | $505.0M | +9.8% |
| FY2019 | $460.0M | +0.4% |
| FY2018 | $458.0M | +4.6% |
| FY2017 | $438.0M | +0.7% |
| FY2016 | $435.0M | +9.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026