CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| CMS | CMS ENERGY CORP | 2026-05-22 14:59:46 | 74.53 | 0.88 | 1.2 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMS | 0000811156 | CMS ENERGY CORP | US1258961002 | 549300IA9XFBAGNIBW29 | 382726431 | NYSE | 4931 | Electric & Other Services Combined | 1231 | MI | ONE ENERGY PLAZA | JACKSON | MI | 49201 | UNITED STATES | US | 5177880550 | ONE ENERGY PLAZA, JACKSON, MI, 49201 | ONE ENERGY PLAZA, JACKSON, MI, 49201 | — | Energy | 1886 | Garrick Rochow | 8,324 | http://cmsenergy.com | 20,644,000,000 | — | 308,919,602 | CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886. | 2026-05-21 15:37:20 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 20,644,000,000 | 2,943,000,000 | 16.6262 | 306,420,901 | 7,626,263 | 2.5523 |
| 2024 | 17,701,000,000 | 638,000,000 | 3.7391 | 298,794,638 | 4,351,018 | 1.4777 |
| 2023 | 17,063,000,000 | -2,525,000,000 | -12.8905 | 294,443,620 | 3,179,425 | 1.0916 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Shaun M. Johnson | Executive Vice President | 2025 | 682,644 | — | 1,223,401 | 704,488 | 180,416 | 2,790,949 |
| Rejji P. Hayes | CFO, Executive Vice President | 2025 | 860,123 | — | 2,088,690 | 887,647 | 250,427 | 4,086,887 |
| Garrick J. Rochow | CEO, President | 2025 | 1,275,000 | — | 6,763,239 | 2,055,938 | 439,611 | 10,534,039 |
| Tonya L. Berry | Executive Vice President, COO | 2025 | 585,411 | — | 795,694 | 532,161 | 118,647 | 2,031,913 |
| Brandon J. Hofmeister | Senior Vice President | 2025 | 600,000 | — | 914,933 | 503,100 | 151,763 | 2,169,796 |
| Fiscal Year | Employee Count |
|---|---|
| 2022 | 9,073 |
| 2020 | 8,837 |
| 2019 | 8,789 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 8,539,000,000 | 7,515,000,000 | 7,462,000,000 |
| Cost Of Revenue | 1,706,000,000 | 1,333,000,000 | 1,375,000,000 |
| Gross Profit | 6,833,000,000 | 6,182,000,000 | 6,087,000,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 6,812,000,000 | 6,028,000,000 | 6,227,000,000 |
| Operating Income | 1,727,000,000 | 1,487,000,000 | 1,235,000,000 |
| Net Income | 1,071,000,000 | 1,003,000,000 | 887,000,000 |
| Earnings Per Share Basic | 3.53 | 3.34 | 3.01 |
| Earnings Per Share Diluted | 3.53 | 3.33 | 3.01 |
| Weighted Average Shares Outstanding Basic | 300,400,000 | 297,600,000 | 291,200,000 |
| Weighted Average Shares Outstanding Diluted | 301,000,000 | 298,300,000 | 291,700,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 509,000,000 | 103,000,000 | 227,000,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 13,000,000 | 15,000,000 | 9,000,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 8,000,000 | 8,000,000 | 9,000,000 |
| Other Assets Current | 160,000,000 | 103,000,000 | 80,000,000 |
| Total Assets Current | 3,472,000,000 | 2,790,000,000 | 2,839,000,000 |
| Marketable Securities Non Current | 8,000,000 | 9,000,000 | 8,000,000 |
| Property Plant And Equipment | 30,680,000,000 | 27,461,000,000 | 25,072,000,000 |
| Other Assets Non Current | 398,000,000 | 384,000,000 | 357,000,000 |
| Total Assets Non Current | 36,469,000,000 | 33,130,000,000 | 30,678,000,000 |
| Total Assets | 39,941,000,000 | 35,920,000,000 | 33,517,000,000 |
| Accounts Payable | 1,395,000,000 | 1,085,000,000 | 802,000,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 2,000,000 | 2,000,000 | 975,000,000 |
| Other Liabilities Current | 185,000,000 | 209,000,000 | 149,000,000 |
| Total Liabilities Current | 3,548,000,000 | 3,521,000,000 | 2,895,000,000 |
| Long Term Debt | 17,807,000,000 | 15,194,000,000 | 14,508,000,000 |
| Other Liabilities Non Current | 392,000,000 | 407,000,000 | 415,000,000 |
| Total Liabilities Non Current | 26,682,000,000 | 23,651,000,000 | 22,497,000,000 |
| Total Liabilities | 292,000,000 | 64,000,000 | 67,000,000 |
| Common Stock | 3,000,000 | 3,000,000 | 3,000,000 |
| Retained Earnings | 2,443,000,000 | 2,035,000,000 | 1,658,000,000 |
| Accumulated Other Comprehensive Income | -36,000,000 | -41,000,000 | -46,000,000 |
| Total Shareholders Equity | 9,144,000,000 | 8,230,000,000 | 7,544,000,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 1,306,000,000 | 1,240,000,000 | 1,180,000,000 |
| Share Based Compensation Expense | — | — | — |
| Other Non Cash Income Expense | 238,000,000 | 241,000,000 | 274,000,000 |
| Change In Accounts Receivable | 251,000,000 | 155,000,000 | -241,000,000 |
| Change In Inventories | 28,000,000 | -164,000,000 | -185,000,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 196,000,000 | 15,000,000 | -136,000,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 2,235,000,000 | 2,370,000,000 | 2,309,000,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | 3,000,000 | — | — |
| Acquisition Of Property Plant And Equipment | 3,824,000,000 | 3,018,000,000 | 2,407,000,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | 214,000,000 | 160,000,000 | 167,000,000 |
| Cash From Investing Activities | -4,038,000,000 | -3,054,000,000 | -3,386,000,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 653,000,000 | 616,000,000 | 569,000,000 |
| Issuance Of Common Stock | 525,000,000 | 286,000,000 | 192,000,000 |
| Repurchase Of Common Stock | 13,000,000 | 11,000,000 | 7,000,000 |
| Issuance Of Long Term Debt | 3,609,000,000 | 1,962,000,000 | 3,551,000,000 |
| Repayment Of Long Term Debt | 1,150,000,000 | 952,000,000 | 2,132,000,000 |
| Other Financing Activities | -65,000,000 | -21,000,000 | -54,000,000 |
| Cash From Financing Activities | 2,240,000,000 | 614,000,000 | 1,143,000,000 |
| Change In Cash | 437,000,000 | -70,000,000 | 66,000,000 |
| Cash At End Of Period | 509,000,000 | 103,000,000 | 227,000,000 |
| Income Taxes Paid | 29,000,000 | -69,000,000 | 15,000,000 |
| Interest Paid | 741,000,000 | 677,000,000 | 607,000,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 3.53 | 3.34 | 3.01 |
| Price To Earnings Ratio | 19.8102 | 19.9551 | 19.2924 |
| Earnings Growth Rate | 5.6886 | 10.9635 | 5.614 |
| Price Earnings To Growth Ratio | 3.4824 | 1.8201 | 3.4365 |
| Book Value Per Share | 131.9874 | 120.4839 | 114.8695 |
| Price To Book Ratio | 0.5298 | 0.5532 | 0.5055 |
| Ebitda | 3,204,000,000 | 2,874,000,000 | 2,725,000,000 |
| Enterprise Value | 38,306,972,000 | 34,928,040,000 | 32,165,984,000 |
| Dividend Yield | 0.0311 | 0.0311 | 0.0336 |
| Dividend Payout Ratio | 0.6097 | 0.6142 | 0.6415 |
| Debt To Equity Ratio | 1.9476 | 1.8464 | 2.0524 |
| Capital Expenditures | 4,525,000,000 | 3,629,000,000 | 3,539,000,000 |
| Free Cash Flow | -2,290,000,000 | -1,259,000,000 | -1,230,000,000 |
| Return On Equity | 0.1171 | 0.1219 | 0.1176 |
| One Year Beta | 0.0972 | 0.0202 | 0.5081 |
| Three Year Beta | 0.1778 | 0.3755 | 0.4148 |
| Five Year Beta | 0.2901 | 0.5909 | 0.598 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Butler Deborah H | Director | 2026-05-08 | 2,411 | A | 39,850 |
| Leopold Diane | Director | 2026-05-08 | 2,411 | A | 5,180 |
| IZZO RALPH | Director | 2026-05-08 | 2,411 | A | 10,779 |
| SHANK SUZANNE F. | Director | 2026-05-08 | 2,411 | A | 23,680 |
| Soto Myrna | Director | 2026-05-08 | 2,411 | A | 41,023 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Shelley M Capito | Senator | 2022-07-15 | Purchase | 2022-06-01 | Spouse | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Julie Johnson | 2026-01-15 | TX32 | Sale | 2025-12-09 | Joint | $1,001 - $15,000 |
| Julie Johnson | 2026-01-15 | TX32 | Sale | 2025-12-18 | Joint | $1,001 - $15,000 |
| Julie Johnson | 2025-12-11 | TX32 | Sale (Partial) | 2025-11-13 | Joint | $1,001 - $15,000 |
| Julie Johnson | 2025-09-11 | TX32 | Sale (Partial) | 2025-08-14 | Joint | $1,001 - $15,000 |
| John A. Yarmuth | 2020-11-15 | KY03 | Sale (Partial) | 2020-08-27 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Front Row Advisors LLC | 2026-03-31 | 32,584 | 420 | 77.581 |
| Campbell & CO Investment Adviser LLC | 2026-03-31 | 4,001,033 | 51,573 | 77.58 |
| Cerity Partners LLC | 2026-03-31 | 2,286,093 | 29,467 | 77.5815 |
| Chevy Chase Trust Holdings, LLC | 2026-03-31 | 11,711,089 | 150,955 | 77.58 |
| Corient Private Wealth LLC | 2026-03-31 | 11,947,637 | 156,222 | 76.4786 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| iSHARES TRUST | 2026-03-31 | iShares Global Utilities ETF | JXI | 42,690 | 3,311,890.2 | 1.0386 |
| iSHARES TRUST | 2026-03-31 | iShares Russell 1000 Value ETF | IWD | 693,038 | 53,765,888.04 | 0.077 |
| iShares, Inc. | 2026-03-31 | iShares U.S. Power Infrastructure ETF | POWR | 16,629 | 1,290,077.82 | 0.8962 |
| iSHARES TRUST | 2026-03-31 | iShares Russell 1000 ETF | IWB | 213,257 | 16,544,478.06 | 0.0387 |
| iSHARES TRUST | 2026-03-31 | iShares U.S. Infrastructure ETF | IFRA | 304,943 | 23,657,477.94 | 0.6394 |