B
CMS Energy Corporation CMS
$77.11 $1.271.68% NYSE
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12/31/2025 09/30/2025 06/30/2025 03/31/2025 12/31/2024
Revenue 8.54B 8.30B 8.02B 7.79B 7.52B
Total Other Revenue -- -- -- -- --
Total Revenue 8.54B 8.30B 8.02B 7.79B 7.52B
Cost of Revenue 4.99B 4.78B 4.64B 4.47B 4.31B
Gross Profit 3.55B 3.51B 3.37B 3.32B 3.21B
SG&A Expenses -186.00M -179.00M -173.00M -167.00M -169.00M
Depreciation & Amortization 1.31B 1.29B 1.28B 1.26B 1.24B
Other Operating Expenses 513.00M 504.00M 496.00M 489.00M 482.00M
Total Operating Expenses 6.63B 6.40B 6.24B 6.05B 5.86B
Operating Income 1.91B 1.90B 1.78B 1.74B 1.66B
Income Before Tax 1.25B 1.26B 1.19B 1.16B 1.12B
Income Tax Expenses 246.00M 244.00M 202.00M 181.00M 176.00M
Earnings from Continuing Operations 1.00K 1.02K 990.00 979.00 947.00
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings 69.00M 32.00M 33.00M 41.00M 56.00M
Net Income 1.07B 1.05B 1.02B 1.02B 1.00B
EBIT 1.91B 1.90B 1.78B 1.74B 1.66B
EBITDA 3.02B 2.99B 2.86B 2.80B 2.70B
EPS Basic 3.53 3.47 3.40 3.39 3.34
Normalized Basic EPS 2.67 2.55 2.37 2.38 2.36
EPS Diluted 3.52 3.46 3.39 3.38 3.33
Normalized Diluted EPS 2.67 2.54 2.37 2.38 2.36
Average Basic Shares Outstanding 1.20B 1.20B 1.19B 1.19B 1.19B
Average Diluted Shares Outstanding 1.20B 1.20B 1.20B 1.20B 1.19B
Dividend Per Share 2.17 2.14 2.12 2.09 2.06
Payout Ratio 30.91% 31.61% 32.36% 31.76% 31.31%