See more : Oriental Shiraishi Corporation (1786.T) Income Statement Analysis – Financial Results
Complete financial analysis of CMS Energy Corporation (CMS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CMS Energy Corporation, a leading company in the Regulated Electric industry within the Utilities sector.
You may be interested
- ValueInvest Global KL (VAIGLOA.CO) Income Statement Analysis – Financial Results
- Coppermoly Limited (COY.AX) Income Statement Analysis – Financial Results
- Western Resources Corp. (WRX.TO) Income Statement Analysis – Financial Results
- Sanarco Funds Inc. (SNCF) Income Statement Analysis – Financial Results
- Carnival Corporation & plc (CUK) Income Statement Analysis – Financial Results
CMS Energy Corporation (CMS)
About CMS Energy Corporation
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.46B | 8.60B | 7.33B | 6.68B | 6.85B | 6.87B | 6.58B | 6.40B | 6.46B | 7.18B | 6.57B | 6.25B | 6.50B | 6.43B | 6.21B | 6.82B | 6.46B | 6.81B | 6.29B | 5.47B | 5.51B | 8.69B | 9.60B | 9.00B | 6.10B | 5.14B | 4.79B | 4.33B | 3.89B | 3.62B | 3.48B | 3.07B | 2.94B | 2.98B | 2.96B | 2.94B | 2.80B | 3.11B | 3.30B |
| Cost of Revenue | 4.60B | 5.83B | 4.68B | 3.91B | 4.28B | 4.48B | 4.08B | 4.01B | 4.28B | 5.09B | 4.56B | 4.42B | 3.51B | 3.52B | 3.57B | 4.21B | 4.10B | 4.15B | 1.07B | 1.14B | 1.40B | 3.54B | 2.86B | 2.95B | 4.04B | 3.49B | 3.18B | 2.84B | 2.49B | 2.36B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 2.86B | 2.76B | 2.65B | 2.77B | 2.56B | 2.40B | 2.50B | 2.39B | 2.18B | 2.09B | 2.00B | 1.83B | 2.99B | 2.91B | 2.64B | 2.61B | 2.36B | 2.66B | 5.22B | 4.34B | 4.11B | 5.15B | 6.74B | 6.05B | 2.06B | 1.65B | 1.61B | 1.50B | 1.40B | 1.26B | 3.48B | 3.07B | 2.94B | 2.98B | 2.96B | 2.94B | 2.80B | 3.11B | 3.30B |
| Gross Profit Ratio | 38.35% | 32.13% | 36.14% | 41.45% | 37.46% | 34.89% | 38.02% | 37.33% | 33.69% | 29.10% | 30.52% | 29.25% | 45.99% | 45.30% | 42.47% | 38.25% | 36.54% | 39.09% | 83.05% | 79.22% | 74.61% | 59.31% | 70.24% | 67.23% | 33.77% | 32.09% | 33.59% | 34.57% | 36.02% | 34.79% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 180.00M | 205.00M | 165.00M | 118.00M | 91.00M | 90.00M | 24.00M | 41.00M | 15.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 1.45B | 7.37B | 6.18B | 5.32B | 5.61B | 70.00M | -14.00M | -36.00M | 29.00M | -16.00M | 12.00M | -22.00M | 1.99B | 1.94B | 1.94B | 1.82B | 2.45B | 2.79B | 5.62B | 3.74B | 3.68B | 5.05B | 6.44B | 5.32B | 1.15B | 912.00M | 862.00M | 821.00M | 798.00M | 755.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.63B | 7.37B | 6.18B | 5.32B | 5.61B | 5.71B | 5.25B | 5.10B | 5.29B | 6.03B | 5.42B | 827.00M | 1.99B | 1.94B | 1.94B | 1.82B | 2.45B | 2.79B | 5.62B | 3.74B | 3.68B | 5.05B | 6.44B | 5.32B | 1.15B | 912.00M | 862.00M | 821.00M | 798.00M | 755.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost & Expenses | 6.23B | 7.37B | 6.18B | 5.32B | 5.61B | 5.71B | 5.25B | 5.10B | 5.29B | 6.03B | 5.42B | 5.25B | 5.50B | 5.45B | 5.51B | 6.04B | 6.55B | 6.94B | 6.68B | 4.88B | 5.08B | 8.59B | 9.30B | 8.27B | 5.19B | 4.40B | 4.04B | 3.66B | 3.29B | 3.12B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Income | 0.00 | 5.00M | 3.00M | 11.00M | 7.00M | 11.00M | 12.00M | 6.00M | 12.00M | 5.00M | 3.00M | 5.00M | 9.00M | 19.00M | 24.00M | 30.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 643.00M | 519.00M | 500.00M | 561.00M | 519.00M | 458.00M | 438.00M | 435.00M | 396.00M | 407.00M | 398.00M | 389.00M | 415.00M | 431.00M | 435.00M | 400.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.18B | 1.13B | 1.11B | 1.04B | 992.00M | 933.00M | 881.00M | 811.00M | 750.00M | 685.00M | 628.00M | 598.00M | 546.00M | 576.00M | 570.00M | 589.00M | 545.00M | 576.00M | 525.00M | 431.00M | 462.00M | 515.00M | 524.00M | 637.00M | 630.00M | 544.00M | 533.00M | 493.00M | 475.00M | 444.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 2.78B | 2.55B | 2.44B | 2.36B | 2.34B | 2.17B | 2.21B | 2.07B | 1.94B | 1.82B | 1.78B | 1.61B | 1.57B | 1.60B | 1.34B | 1.43B | 457.00M | 354.00M | 24.00M | 1.02B | 893.00M | 468.00M | 503.00M | 1.34B | 1.49B | 1.28B | 1.23B | 1.17B | 1.10B | 948.00M | 3.48B | 3.07B | 2.94B | 2.98B | 2.96B | 2.94B | 2.80B | 3.11B | 3.30B |
| EBITDA Ratio | 37.22% | 16.53% | 18.05% | 21.65% | 19.69% | 17.93% | 20.11% | 19.71% | 18.46% | 15.82% | 17.58% | 25.59% | 24.10% | 24.63% | 20.79% | 19.79% | 5.18% | 3.55% | 0.29% | 15.88% | 13.48% | 7.05% | 8.77% | 14.47% | 25.10% | 24.94% | 26.72% | 27.00% | 27.71% | 26.20% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Income | 1.24B | 295.00M | 209.00M | 398.00M | 356.00M | 1.16B | 1.34B | 1.30B | 1.16B | 1.15B | 1.14B | 1.00B | 1.00B | 978.00M | 696.00M | 786.00M | -88.00M | -126.00M | -395.00M | 591.00M | 431.00M | 99.00M | 301.00M | 727.00M | 912.00M | 738.00M | 746.00M | 677.00M | 603.00M | 504.00M | 3.48B | 3.07B | 2.94B | 2.98B | 2.96B | 2.94B | 2.80B | 3.11B | 3.30B |
| Operating Income Ratio | 16.55% | 3.43% | 2.85% | 5.96% | 5.20% | 16.91% | 20.33% | 20.27% | 18.01% | 16.05% | 17.39% | 16.04% | 15.42% | 15.21% | 11.22% | 11.52% | -1.36% | -1.85% | -6.28% | 10.80% | 7.82% | 1.14% | 3.14% | 8.08% | 14.94% | 14.36% | 15.58% | 15.62% | 15.50% | 13.93% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Total Other Income/Expenses | -281.00M | -322.00M | -323.00M | -421.00M | -286.00M | -388.00M | -452.00M | -430.00M | -382.00M | -423.00M | -386.00M | -381.00M | -397.00M | -388.00M | -363.00M | -346.00M | -233.00M | -195.00M | 74.00M | -469.00M | -416.00M | -386.00M | -383.00M | -615.00M | -537.00M | -382.00M | -364.00M | -315.00M | -281.00M | -221.00M | -3.48B | -3.07B | -2.94B | -2.98B | -2.96B | -2.94B | -2.80B | -3.11B | -3.30B |
| Income Before Tax | 954.00M | 902.00M | 823.00M | 885.00M | 829.00M | 774.00M | 886.00M | 826.00M | 796.00M | 729.00M | 756.00M | 622.00M | 606.00M | 590.00M | 335.00M | 442.00M | -321.00M | -243.00M | -266.00M | 122.00M | 15.00M | -403.00M | -404.00M | 101.00M | 341.00M | 342.00M | 385.00M | 379.00M | 334.00M | 283.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 12.78% | 10.49% | 11.23% | 13.25% | 12.11% | 11.26% | 13.46% | 12.91% | 12.33% | 10.15% | 11.51% | 9.95% | 9.32% | 9.17% | 5.40% | 6.48% | -4.97% | -3.57% | -4.23% | 2.23% | 0.27% | -4.64% | -4.21% | 1.12% | 5.59% | 6.65% | 8.04% | 8.75% | 8.59% | 7.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 147.00M | 93.00M | 95.00M | 133.00M | 147.00M | 115.00M | 424.00M | 273.00M | 271.00M | 250.00M | 302.00M | 245.00M | 191.00M | 224.00M | 115.00M | 142.00M | -195.00M | -158.00M | -168.00M | -5.00M | 58.00M | 13.00M | -73.00M | 60.00M | 64.00M | 100.00M | 117.00M | 139.00M | 130.00M | 104.00M | -155.00M | 297.00M | 262.00M | 494.00M | -312.10M | -271.60M | -186.90M | -177.80M | 269.80M |
| Net Income | 887.00M | 837.00M | 728.00M | 755.00M | 680.00M | 657.00M | 460.00M | 551.00M | 523.00M | 477.00M | 452.00M | 382.00M | 415.00M | 340.00M | 229.00M | 300.00M | -215.00M | -79.00M | -84.00M | 121.00M | -44.00M | -620.00M | -545.00M | 36.00M | 277.00M | 285.00M | 268.00M | 240.00M | 204.00M | 179.00M | 155.00M | -297.00M | -262.00M | -494.00M | 312.10M | 271.60M | 186.90M | 177.80M | -269.80M |
| Net Income Ratio | 11.89% | 9.74% | 9.93% | 11.30% | 9.93% | 9.56% | 6.99% | 8.61% | 8.10% | 6.64% | 6.88% | 6.11% | 6.38% | 5.29% | 3.69% | 4.40% | -3.33% | -1.16% | -1.34% | 2.21% | -0.80% | -7.14% | -5.68% | 0.40% | 4.54% | 5.54% | 5.60% | 5.54% | 5.24% | 4.95% | 4.45% | -9.66% | -8.91% | -16.59% | 10.54% | 9.23% | 6.67% | 5.72% | -8.18% |
| EPS | 3.01 | 2.86 | 2.52 | 2.65 | 2.40 | 2.33 | 1.64 | 1.99 | 1.90 | 1.76 | 1.71 | 1.43 | 1.65 | 1.40 | 0.96 | 1.25 | -0.97 | -0.36 | -0.39 | 0.65 | -0.29 | -4.46 | -4.19 | 0.04 | 2.18 | 2.45 | 2.63 | 2.45 | 2.27 | 2.09 | 1.90 | -3.72 | -3.26 | -6.07 | 3.80 | 3.31 | 2.19 | 0.74 | -3.06 |
| EPS Diluted | 3.01 | 2.85 | 2.51 | 2.64 | 2.39 | 2.32 | 1.64 | 1.98 | 1.89 | 1.74 | 1.66 | 1.39 | 1.57 | 1.28 | 0.91 | 1.20 | -0.97 | -0.36 | -0.39 | 0.64 | -0.29 | -4.46 | -4.17 | 0.04 | 2.17 | 2.45 | 2.61 | 2.44 | 2.26 | 2.08 | 1.90 | -3.72 | -3.26 | -6.07 | 3.80 | 3.31 | 2.19 | 0.74 | -3.06 |
| Weighted Avg Shares Out | 291.20M | 289.50M | 289.00M | 285.00M | 283.00M | 282.20M | 280.00M | 278.00M | 276.00M | 271.00M | 265.00M | 260.70M | 250.80M | 231.50M | 227.20M | 225.70M | 222.55M | 219.51M | 213.64M | 169.23M | 153.33M | 138.89M | 130.00M | 111.00M | 110.10M | 107.75M | 92.78M | 91.43M | 89.87M | 85.65M | 81.58M | 79.84M | 80.37M | 81.38M | 82.13M | 82.05M | 85.34M | 87.84M | 88.14M |
| Weighted Avg Shares Out (Dil) | 291.70M | 290.00M | 289.50M | 286.30M | 284.30M | 282.90M | 280.80M | 279.00M | 276.00M | 275.00M | 272.00M | 268.60M | 263.40M | 252.90M | 237.90M | 236.20M | 222.55M | 219.51M | 213.64M | 171.88M | 153.33M | 138.89M | 130.77M | 111.92M | 114.70M | 108.78M | 93.49M | 91.80M | 90.27M | 86.06M | 81.58M | 79.84M | 80.37M | 81.38M | 82.13M | 82.05M | 85.34M | 87.84M | 88.14M |
What's in Store for These 4 Utilities This Earnings Season?
Let's focus on utilities like CMS Energy (CMS), Edison International (EIX), DTE Energy (DTE) and PG&E Corporation (PCG) which are scheduled to release second-quarter earnings on Jul 25.
Daily Dividend Report: Norfolk Southern, GM, Comcast, Crane, CMS
Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.
CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
JACKSON, Mich. , July 22, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
eHealth Applauds Decision by CMS to Retain 2024 Medicare Compensation Guidelines for 2025
AUSTIN, Texas , July 19, 2024 /PRNewswire/ -- Today eHealth, Inc. (Nasdaq: EHTH) (eHealth.com), a leading online private health insurance marketplace, applauded the decision by the Centers for Medicare and Medicaid Services (CMS) to temporarily retain CY2024 agent compensation rates for CY2025....
Will CMS Energy (CMS) Beat Estimates Again in Its Next Earnings Report?
CMS Energy (CMS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CMS Energy (CMS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
CMS Energy (CMS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CMS vs. NEE: Which Stock Is the Better Value Option?
Investors interested in Utility - Electric Power stocks are likely familiar with CMS Energy (CMS) and NextEra Energy (NEE). But which of these two stocks offers value investors a better bang for their buck right now?
Gauzy's Advanced Driver Assistance Systems (ADAS) Enhances Public Safety at the 2024 Paris Olympics With More Than 11 Million Expected Visitors
Reducing accident costs by up to 40%, Gauzy's Smart-Vision CMS (camera monitor system) deployed on buses city wide extends on-road visibility to mitigate blind spots, preventing life threatening collisions and protecting vulnerable road users Reducing accident costs by up to...
CMS vs. NEE: Which Stock Should Value Investors Buy Now?
Investors interested in Utility - Electric Power stocks are likely familiar with CMS Energy (CMS) and NextEra Energy (NEE). But which of these two companies is the best option for those looking for undervalued stocks?
NorthStar Clean Energy, an Innovative Renewable Energy and Decarbonization Solutions Provider, relocates headquarters to Ann Arbor, Michigan
ANN ARBOR, Mich. , July 15, 2024 /PRNewswire/ -- NorthStar Clean Energy, a leading innovator in the renewable energy and decarbonization sector, is thrilled to announce the relocation of its corporate headquarters to Ann Arbor, Michigan.
Source: https://incomestatements.info
Category: Stock Reports