Company / Net Debt per Share
CMS Energy Net Debt per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Debt per Share
$57.89
FY2025
5-year range
$40.13 / $57.89
FY2021-FY2025
Trend
+12.9%
vs FY2024
Sector context
#18 of 57
Utilities
What the data says
At $57.89, CMS Energy's net debt per share ranks #40 of 57 in the Utilities sector. Net Debt per Share has increased for 4 consecutive years, from $40.13 in FY2021 to $57.89 in FY2025.
Based on SEC 10-K filings.
57.89 in FY2025 with a 5-year CAGR of +7.0%.
Increased from $49.03 to $57.89 over the past 2 years.
Utilities sector context is included.
Net Debt per Share over time
Growth rates
- 3-Year CAGR
- +9.0%
- 5-Year CAGR
- +7.0%
- 10-Year CAGR
- -
Sector benchmark
#40 of 57 in UtilitiesTop 68% of 57This company $57.89 Sector average $46.70
▼
+24.0% above sector average
Key checks
Key Insights
- CMS Energy's net debt per share has grown for 4 consecutive years.
- In FY2025, net debt per share increased 12.9% year-over-year.
- Ranks #18 out of 57 companies in the Utilities sector.
- Lowest net debt per share in the period was in FY2016.
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 | Net Debt per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $57.89 | +12.9% |
| FY2024 | $51.26 | +4.6% |
| FY2023 | $49.03 | +9.6% |
| FY2022 | $44.71 | +11.4% |
| FY2021 | $40.13 | -2.7% |
| FY2020 | $41.25 | -1.0% |
| FY2019 | $41.68 | +12.2% |
| FY2018 | $37.15 | +16.0% |
| FY2017 | $32.02 | +5.6% |
| FY2016 | $30.32 | +2.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026