See more : The Iyo Bank, Ltd. (8385.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.
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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 |
Is the Options Market Predicting a Spike in CMS Energy (CMS) Stock?
Investors need to pay close attention to CMS Energy (CMS) stock based on the movements in the options market lately.
CMS Energy to Announce 2024 Second Quarter Results on July 25
JACKSON, Mich. , July 3, 2024 /PRNewswire/ -- CMS Energy announced today it will provide 2024 second quarter results along with a business and financial outlook at 9:30 a.m.
CMS Energy (CMS) Rides on Investments and Renewable Expansion
CMS Energy (CMS) is expected to benefit from its systematic investment plan and expansion of its renewable generation portfolio.
CMS Energy (CMS), Jupiter Ink Deal for 100MW Battery Storage
CMS Energy (CMS) is set to add 100 MW of battery storage in collaboration with Jupiter Power, which will help CMS achieve its clean energy goal.
Why CMS Energy (CMS) is a Top Growth Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
CMS Improves Star Ratings to 3.5 Stars for Clover Health PPO Medicare Advantage Plans for 2025 Payment Year
The Company previously communicated that CMS had calculated a rating of 3.0 Stars for its PPO plans, impacting payment year 2025. As a result of a recent rating recalculation, CMS has improved that rating to 3.5 Stars for 2025 payment...
CMS Energy: A Midwest Utility Worth Buying
Utilities can provide a source of relatively stable income to shareholders. CMS Energy's operating results were mixed in the first quarter, but its fundamentals appear to be holding up. The electric and gas utility's interest coverage ratio is healthy.
Cardio Diagnostics to Participate in the Centers for Medicare and Medicaid Services' (CMS) Clinical Laboratory Fee Schedule (CLFS) Annual Meeting to Secure Medicare Payment for Its Innovative Tests
CHICAGO--(BUSINESS WIRE)--Cardio Diagnostics will recommend pricing for its Epi+Gen CHD and PrecisionCHD tests, and pursue coverage via the MolDx program.
CMS Energy's (CMS) Arm to Invest $24M in Smart Technologies
CMS Energy (CMS) plans to install smart technology devices to reduce power outages and make the grid reliable for its customers in Michigan.
Source: https://incomestatements.info
Category: Stock Reports