CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079

CMSD

NYSE

23.25

USD

-0.07(-0.30%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

Price/Book

2.39

Debt/Equity

203.89%

Return on Equity

12.38%

Dividend Yield

3.05%

EBITDA

3.07B

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.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	6,418,000,000	7,329,000,000	8,596,000,000	7,462,000,000	7,515,000,000
Gross Profit	1,587,000,000	1,535,000,000	1,636,000,000	1,682,000,000	1,969,000,000
Operating Income	1,230,000,000	1,146,000,000	1,224,000,000	1,235,000,000	1,487,000,000
Net Income	755,000,000	1,353,000,000	837,000,000	887,000,000	1,003,000,000
Total Assets	29,666,000,000	28,753,000,000	31,353,000,000	33,517,000,000	36,511,000,000
Total Current Liabilities	3,074,000,000	2,204,000,000	2,985,000,000	2,895,000,000	3,521,000,000
Total Equity	6,077,000,000	7,188,000,000	7,595,000,000	8,125,000,000	8,748,000,000
Free Cash Flow	-1,035,000,000	-257,000,000	-1,519,000,000	-910,000,000	-648,000,000
Cash from Operations	1,276,000,000	1,819,000,000	855,000,000	2,309,000,000	2,370,000,000
Cash from Investing	-2,836,000,000	-1,232,000,000	-2,474,000,000	-3,380,000,000	-3,054,000,000
Cash from Financing	1,588,000,000	-296,000,000	1,325,000,000	1,137,000,000	614,000,000
Net Change in Cash	-108,000,000	427,000,000	-294,000,000	66,000,000	-70,000,000