Company / Net Income
CMS Energy Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$1.1B
FY2025
5-year range
$837.0M / $1.4B
FY2021-FY2025
Trend
+6.8%
vs FY2024
Sector context
#27 of 73
Utilities
What the data says
At $1.1B, CMS Energy's net income ranks #27 of 73 in the Utilities sector. Net Income has increased for 3 consecutive years, from $837M in FY2022 to $1.1B in FY2025.
Based on SEC 10-K filings.
$1.1B in FY2025 with a 5-year CAGR of +7.2%.
Improved from $887M to $1.1B over the past 2 years.
Utilities sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +8.6%
- 5-Year CAGR
- +7.2%
- 10-Year CAGR
- -
Sector benchmark
#27 of 73 in UtilitiesTop 37% of 73This company $1.1B Sector average $1.2B
▼
-12.4% below sector average
Key checks
Key Insights
- CMS Energy's net income has grown for 3 consecutive years.
- 5-year CAGR of +7.2%, indicating consistent growth.
- In FY2025, net income increased 6.8% year-over-year.
- Ranks #27 out of 73 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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.1B | +6.8% |
| FY2024 | $1.0B | +13.1% |
| FY2023 | $887.0M | +6.0% |
| FY2022 | $837.0M | -38.1% |
| FY2021 | $1.4B | +79.2% |
| FY2020 | $755.0M | +11.0% |
| FY2019 | $680.0M | +3.5% |
| FY2018 | $657.0M | +42.8% |
| FY2017 | $460.0M | -16.5% |
| FY2016 | $551.0M | +5.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026