B
CMS Energy Corporation CMS
$72.26 -$2.10-2.82% NYSE
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06/30/2026 03/31/2026 12/31/2025 09/30/2025 06/30/2025
Revenue 8.81B 8.82B 8.54B 8.30B 8.02B
Total Other Revenue -- -- -- -- --
Total Revenue 8.81B 8.82B 8.54B 8.30B 8.02B
Cost of Revenue 5.26B 5.25B 4.99B 4.78B 4.64B
Gross Profit 3.55B 3.58B 3.55B 3.51B 3.37B
SG&A Expenses -198.00M -195.00M -186.00M -179.00M -173.00M
Depreciation & Amortization 1.35B 1.33B 1.31B 1.29B 1.28B
Other Operating Expenses 533.00M 524.00M 513.00M 504.00M 496.00M
Total Operating Expenses 6.95B 6.90B 6.63B 6.40B 6.24B
Operating Income 1.87B 1.92B 1.91B 1.90B 1.78B
Income Before Tax 1.13B 1.25B 1.25B 1.26B 1.19B
Income Tax Expenses 239.00M 268.00M 246.00M 244.00M 202.00M
Earnings from Continuing Operations 887.00 984.00 1.00K 1.02K 990.00
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings 139.00M 123.00M 69.00M 32.00M 33.00M
Net Income 1.03B 1.11B 1.07B 1.05B 1.02B
EBIT 1.87B 1.92B 1.91B 1.90B 1.78B
EBITDA 3.02B 3.05B 3.02B 2.99B 2.86B
EPS Basic 3.33 3.62 3.53 3.47 3.40
Normalized Basic EPS 2.76 2.99 2.82 2.70 2.52
EPS Diluted 3.32 3.61 3.52 3.46 3.39
Normalized Diluted EPS 2.76 2.98 2.82 2.69 2.52
Average Basic Shares Outstanding 1.22B 1.21B 1.20B 1.20B 1.19B
Average Diluted Shares Outstanding 1.22B 1.21B 1.20B 1.20B 1.20B
Dividend Per Share 2.23 2.20 2.17 2.14 2.12
Payout Ratio 34.89% 30.98% 30.91% 31.61% 32.36%