Cms Energy Corp (CMS)
Cms Energy Corp brought in $8.8B of revenue over the twelve months to June 30, 2026, up 9.9% from a year earlier. Net income was $1B, a net margin of 11.6%. At June 30, 2026 it held $241M in cash against $19B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Cms Energy Corp
- Net worth
- Cms Energy Corp has a market value (market cap) of $21.9B at the latest share price, and shareholders' equity of $9.8B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $8.5B (+13.6% year on year), with net income of $1.1B. Over the 12 months to June 30, 2026: revenue $8.8B, net income $1B.
- Cash flow
- In fiscal 2025 operations brought in $2.2B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Cms Energy Corp's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Cms Energy Corp declared dividends of $2.17 per share in fiscal 2025, a yield of 3.11% at the current price.
What Cms Energy Corp does
Cms Energy Corp is registered with the SEC under industry code SIC 4931 (Electric & Other Services Combined). Its shares trade on NYSE under the ticker CMS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $8.5B | $1.1B | $3.53 | n/a |
| 2024 | $7.5B | $1B | $3.33 | n/a |
| 2023 | $7.5B | $887M | $3.01 | n/a |
| 2022 | $8.6B | $837M | $2.85 | -$1.5B |
| 2021 | $7.3B | $1.4B | $4.66 | -$257M |
| 2020 | $6.4B | $755M | $2.64 | -$1B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CMS ranks in Utilities
Dividends
Cms Energy Corp declared $2.17 per share in fiscal 2025. At the current price that is a yield of 3.11%.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.17 | n/a | n/a |
| 2024 | $2.06 | n/a | n/a |
| 2023 | $1.95 | n/a | n/a |
| 2022 | $1.84 | $546M | 65% |
| 2021 | $1.74 | $509M | 38% |
| 2020 | $1.63 | $467M | 62% |
Latest SEC filings
What Cms Energy Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026Other event 8-K
- October 27, 2026Quarterly report 10-Q · period to September 30, 2026
- October 27, 2026
- October 19, 2026
- July 28, 2026Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $1.8B versus the same quarter last year; diluted EPS $0.37 versus $0.66.
- July 28, 2026
- June 3, 2026
- May 13, 2026Other event 8-K
- May 13, 2026
- May 12, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Cms Energy Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 31, 2026 | Maddipati SrikanthEVP/CFO | Bought | 200 | $14.5K |
| June 15, 2026 | Maddipati SrikanthEVP/CFO | Received as pay | 10,184 | - |
| May 26, 2026 | Hofmeister Brandon J.Senior Vice President | Sold | 3,000 | $222.9K |
| May 8, 2026 | Russell John GDirector | Received as pay | 2,411 | - |
| May 8, 2026 | Tanski Ronald JDirector | Received as pay | 2,411 | - |
| May 8, 2026 | Izzo RalphDirector | Received as pay | 2,411 | - |
| May 8, 2026 | Wright LauraDirector | Received as pay | 2,411 | - |
| May 8, 2026 | Sznewajs John GDirector | Received as pay | 2,411 | - |
Who owns CMS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.5% | April 29, 2026 |
| Vanguard Portfolio Management13G, passive | 6.11% | April 29, 2026 |
Largest institutional holders
Insiders
19 insiders reported holding 1,596,179 shares in total, about $111.2M at the last price.
| Holder | Shares |
|---|---|
| Rochow Garrick JPresident and CEO, Director | 637,918 |
| Hayes Rejji PEVP/CFO | 268,535 |
| Russell John GDirector | 134,068 |
| Johnson Shaun MExecutive Vice President & CLO | 109,325 |
| Berry Tonya LExecutive Vice President & COO | 70,105 |
| Hofmeister Brandon J.Senior Vice President | 67,1143 held indirectly |
| Wright LauraDirector | 43,623 |
| Soto MyrnaDirector | 41,023 |
| Butler Deborah HDirector | 39,850 |
| Sznewajs John GDirector | 37,594 |
Questions about CMS
What does Cms Energy Corp do?
Cms Energy Corp is a company in the Utilities sector, listed on NYSE as CMS. Its shares trade on NYSE under the ticker CMS.
What is Cms Energy Corp's net worth?
Cms Energy Corp has a market value (market cap) of $21.9B at the latest share price, and shareholders' equity of $9.8B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Cms Energy Corp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $1B on revenue of $8.8B, a net margin of 11.6%.
How much revenue does Cms Energy Corp make?
Over the twelve months to June 30, 2026 Cms Energy Corp reported revenue of $8.8B. That is 9.9% more than a year earlier.
When did Cms Energy Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 27, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the other event from November 3, 2026.
When is Cms Energy Corp's next earnings report?
Cms Energy Corp's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Cms Energy Corp pay a dividend?
Yes. Cms Energy Corp declared dividends of $2.17 per share in fiscal 2025, a yield of 3.11% at the current price.
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Where the numbers come from
Financial figures are the values Cms Energy Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.