The Tip Desk

CMS ENERGY CORP

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$8.5$7.5$7.5$8.6$7.3
Operating income$1.7$1.5$1.2$1.2$1.1
Net income$1.1$1.0$0.9$0.8$1.4
Balance Sheet
Total debt$18.9$16.5$15.6$14.4$12.6
Cash Flow Statement
Free cash flow$1.6$1.9$2.0-$1.5-$0.3
Dividends———$0.5$0.5

Shares outstanding 313.6M · Free float 95.6%

Annual filing data through FY ended December 31, 2025; float as of September 21, 2026.

Earnings

Other Coverage