CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| CMS | CMS ENERGY CORP | 2025-12-01 20:40:56 | 73.37 | 0.21 | 0.29 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMS | 0000811156 | CMS ENERGY CORP | US1258961002 | 549300IA9XFBAGNIBW29 | 382726431 | NYSE | 4931 | Electric & Other Services Combined | 1231 | MI | ONE ENERGY PLAZA | JACKSON | MI | 49201 | UNITED STATES | US | 5177880550 | ONE ENERGY PLAZA, JACKSON, MI, 49201 | ONE ENERGY PLAZA, JACKSON, MI, 49201 | — | Energy | 1886 | Garrick Rochow | 8,324 | http://cmsenergy.com | 17,701,000,000 | — | 304,319,765 | CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886. | 2025-11-27 15:05:16 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 17,701,000,000 | 638,000,000 | 3.7391 | 298,794,638 | 4,351,018 | 1.4777 |
| 2023 | 17,063,000,000 | -2,525,000,000 | -12.8905 | 294,443,620 | 3,179,425 | 1.0916 |
| 2022 | 19,588,000,000 | 2,475,000,000 | 14.4627 | 291,264,195 | 1,503,930 | 0.519 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Brandon J. Hofmeister | Senior Vice President | 2024 | 545,000 | — | 905,858 | 471,152 | 139,267 | 2,061,277 |
| Shaun M. Johnson | Senior Vice President, General Counsel | 2024 | 620,000 | — | 1,249,550 | 618,450 | 160,576 | 2,648,576 |
| Garrick J. Rochow | CEO, President | 2024 | 1,250,000 | — | 6,651,245 | 2,078,125 | 421,778 | 10,401,409 |
| Rejji P. Hayes | Executive Vice President, CFO | 2024 | 810,000 | — | 2,082,626 | 861,840 | 256,918 | 4,011,384 |
| Leeroy Wells Jr. | Senior Vice President | 2024 | 575,000 | — | 1,067,357 | 573,562 | 135,586 | 2,351,505 |
| Fiscal Year | Employee Count |
|---|---|
| 2019 | 8,789 |
| 2018 | 8,625 |
| 2010 | 7,822 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 7,515,000,000 | 7,462,000,000 | 8,596,000,000 |
| Cost Of Revenue | 1,333,000,000 | 1,375,000,000 | 1,928,000,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 6,028,000,000 | 6,227,000,000 | 7,372,000,000 |
| Operating Income | 1,487,000,000 | 1,235,000,000 | 1,224,000,000 |
| Net Income | 1,003,000,000 | 887,000,000 | 837,000,000 |
| Earnings Per Share Basic | 3.34 | 3.01 | 2.85 |
| Earnings Per Share Diluted | 3.33 | 3.01 | 2.85 |
| Weighted Average Shares Outstanding Basic | 297,600,000 | 291,200,000 | 289,500,000 |
| Weighted Average Shares Outstanding Diluted | 298,300,000 | 291,700,000 | 290,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 103,000,000 | 227,000,000 | 164,000,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 15,000,000 | 9,000,000 | 1,564,000,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 0 | 11,000,000 | 45,000,000 |
| Other Assets Current | 103,000,000 | 80,000,000 | 113,000,000 |
| Total Assets Current | 2,790,000,000 | 2,839,000,000 | 3,433,000,000 |
| Marketable Securities Non Current | 9,000,000 | 8,000,000 | 6,000,000 |
| Property Plant And Equipment | 27,461,000,000 | 25,072,000,000 | 22,713,000,000 |
| Other Assets Non Current | 384,000,000 | 357,000,000 | 310,000,000 |
| Total Assets Non Current | 33,130,000,000 | 30,678,000,000 | 27,920,000,000 |
| Total Assets | 35,920,000,000 | 33,517,000,000 | 31,353,000,000 |
| Accounts Payable | 1,085,000,000 | 802,000,000 | 928,000,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 2,000,000 | 975,000,000 | 2,000,000 |
| Other Liabilities Current | 209,000,000 | 149,000,000 | 166,000,000 |
| Total Liabilities Current | 3,521,000,000 | 2,895,000,000 | 2,985,000,000 |
| Long Term Debt | 15,194,000,000 | 14,508,000,000 | 13,122,000,000 |
| Other Liabilities Non Current | 407,000,000 | 415,000,000 | 397,000,000 |
| Total Liabilities Non Current | 23,651,000,000 | 22,497,000,000 | 20,773,000,000 |
| Total Liabilities | 64,000,000 | 67,000,000 | 39,000,000 |
| Common Stock | 3,000,000 | 3,000,000 | 3,000,000 |
| Retained Earnings | 2,035,000,000 | 1,658,000,000 | 1,350,000,000 |
| Accumulated Other Comprehensive Income | -41,000,000 | -46,000,000 | -52,000,000 |
| Total Shareholders Equity | 8,230,000,000 | 7,544,000,000 | 7,015,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 1,240,000,000 | 1,180,000,000 | 1,126,000,000 |
| Share Based Compensation Expense | — | — | — |
| Other Non Cash Income Expense | 241,000,000 | 274,000,000 | 93,000,000 |
| Change In Accounts Receivable | 155,000,000 | -241,000,000 | 677,000,000 |
| Change In Inventories | -164,000,000 | -185,000,000 | 450,000,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 15,000,000 | -136,000,000 | 4,000,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 2,370,000,000 | 2,309,000,000 | 855,000,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 3,018,000,000 | 2,407,000,000 | 2,374,000,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | 160,000,000 | 167,000,000 | 107,000,000 |
| Cash From Investing Activities | -3,054,000,000 | -3,386,000,000 | -2,476,000,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 616,000,000 | 569,000,000 | 546,000,000 |
| Issuance Of Common Stock | 286,000,000 | 192,000,000 | 69,000,000 |
| Repurchase Of Common Stock | 11,000,000 | 7,000,000 | 9,000,000 |
| Issuance Of Long Term Debt | 1,962,000,000 | 3,551,000,000 | 1,899,000,000 |
| Repayment Of Long Term Debt | 952,000,000 | 2,132,000,000 | 106,000,000 |
| Other Financing Activities | -21,000,000 | -54,000,000 | -60,000,000 |
| Cash From Financing Activities | 614,000,000 | 1,143,000,000 | 1,327,000,000 |
| Change In Cash | -70,000,000 | 66,000,000 | -294,000,000 |
| Cash At End Of Period | 103,000,000 | 227,000,000 | 164,000,000 |
| Income Taxes Paid | -69,000,000 | 15,000,000 | 1,000,000 |
| Interest Paid | 677,000,000 | 607,000,000 | 490,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 3.34 | 3.01 | 2.85 |
| Price To Earnings Ratio | 19.9551 | 19.2924 | 22.2211 |
| Earnings Growth Rate | 10.9635 | 5.614 | -38.8412 |
| Price Earnings To Growth Ratio | 1.8201 | 3.4365 | -0.5721 |
| Book Value Per Share | 120.4839 | 114.8695 | 108.1658 |
| Price To Book Ratio | 0.5532 | 0.5055 | 0.5855 |
| Ebitda | 2,874,000,000 | 2,725,000,000 | 2,483,000,000 |
| Enterprise Value | 34,928,040,000 | 32,165,984,000 | 31,294,035,000 |
| Dividend Yield | 0.0311 | 0.0336 | 0.0298 |
| Dividend Payout Ratio | 0.6142 | 0.6415 | 0.6523 |
| Debt To Equity Ratio | 1.8464 | 2.0524 | 1.8708 |
| Capital Expenditures | 3,629,000,000 | 3,539,000,000 | 1,487,000,000 |
| Free Cash Flow | -1,259,000,000 | -1,230,000,000 | -632,000,000 |
| Return On Equity | 0.1219 | 0.1176 | 0.1193 |
| One Year Beta | 0.0202 | 0.5081 | 0.4394 |
| Three Year Beta | 0.3755 | 0.4148 | 0.6474 |
| Five Year Beta | 0.5909 | 0.598 | 0.5532 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Hofmeister Brandon J. | Senior Vice President | 2025-11-03 | 3,777 | D | 64,259 |
| Hofmeister Brandon J. | Senior Vice President | 2025-11-03 | 223 | D | 64,490 |
| Johnson Shaun M | SVP and General Counsel | 2025-09-10 | 715 | D | 94,176 |
| Snyder Lauren Y | Senior Vice President | 2025-09-05 | 2,220 | D | 13,512 |
| Hofmeister Brandon J. | Senior Vice President | 2025-08-08 | 2,000 | D | 68,036 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Shelley M Capito | Senator | 2022-07-15 | Purchase | 2022-06-01 | Spouse | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Julie Johnson | 2025-09-11 | TX32 | Sale (Partial) | 2025-08-14 | Joint | $1,001 - $15,000 |
| John A. Yarmuth | 2020-11-15 | KY03 | Sale (Partial) | 2020-08-27 | — | $1,001 - $15,000 |
| John Rutherford | 2019-09-27 | FL04 | Sale | 2019-09-19 | — | $1,001 - $15,000 |
| John A. Yarmuth | 2017-12-12 | KY03 | Purchase | 2017-11-09 | — | $1,001 - $15,000 |
| Zoe Lofgren | 2017-11-14 | CA19 | Purchase | 2017-10-27 | Spouse | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Strategic Advocates LLC | 2025-09-30 | 24,103 | 329 | 73.2614 |
| JPMORGAN CHASE & CO | 2025-09-30 | 1,386,380,052 | 18,924,105 | 73.26 |
| TD Capital Management LLC | 2025-09-30 | 3,775 | 52 | 72.5962 |
| Pointe Capital Management LLC | 2025-09-30 | 257,509 | 3,515 | 73.26 |
| CIBC Private Wealth Group LLC | 2025-09-30 | 457,700 | 6,248 | 73.2554 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Advisors' Inner Circle Fund III | 2025-09-30 | Investor Shares | GQHPX | 79,568 | 5,829,151.68 | 2.5555 |
| VIRTUS ALTERNATIVE SOLUTIONS TRUST | 2025-09-30 | Class A | GAFAX | 669 | 49,010.94 | 0.046 |
| VIRTUS ALTERNATIVE SOLUTIONS TRUST | 2025-09-30 | Class R6 | GAFNX | 669 | 49,010.94 | 0.046 |
| VIRTUS ALTERNATIVE SOLUTIONS TRUST | 2025-09-30 | Class I | GAFYX | 669 | 49,010.94 | 0.046 |
| VIRTUS ALTERNATIVE SOLUTIONS TRUST | 2025-09-30 | Class C | GAFCX | 669 | 49,010.94 | 0.046 |