CMS Energy 5.875% J (CMSD) Financial Statements
Price: $22.75
Market Cap: $20.99B
Avg Volume: 44.52K
Market Cap: $20.99B
Avg Volume: 44.52K
Country: US
Industry: Regulated Electric
Sector: Utilities
Industry: Regulated Electric
Sector: Utilities
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of CMS Energy 5.875% J.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.51B | $7.46B | $8.60B | $7.33B | $6.68B | $6.84B | $6.87B | $6.58B | $6.40B | $6.46B |
| Cost of Revenue | $- | $4.60B | $5.83B | $4.68B | $3.91B | $4.28B | $4.47B | $4.08B | $4.01B | $4.28B |
| Gross Profit | $7.51B | $2.86B | $2.76B | $2.65B | $2.77B | $2.56B | $2.40B | $2.50B | $2.39B | $2.17B |
| Gross Profit Ratio | 100.00% | 38.35% | 32.13% | 36.14% | 41.45% | 37.46% | 34.89% | 38.02% | 37.33% | 33.69% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $180.00M | $205.00M | $165.00M | $118.00M | $91.00M | $90.00M | $24.00M | $41.00M | $15.00M |
| Other Expenses | $6.03B | $1.45B | $7.37B | $6.18B | $5.32B | $5.61B | $70.00M | $-14.00M | $-36.00M | $29.00M |
| Operating Expenses | $6.03B | $1.63B | $7.37B | $6.18B | $5.32B | $5.61B | $5.71B | $5.25B | $5.10B | $5.29B |
| Cost and Expenses | $6.03B | $6.23B | $7.37B | $6.18B | $5.32B | $5.61B | $5.71B | $5.25B | $5.10B | $5.29B |
| Interest Income | $- | $- | $5.00M | $3.00M | $11.00M | $7.00M | $11.00M | $12.00M | $6.00M | $12.00M |
| Interest Expense | $708.00M | $643.00M | $519.00M | $500.00M | $561.00M | $519.00M | $458.00M | $438.00M | $435.00M | $396.00M |
| Depreciation and Amortization | $1.24B | $1.18B | $1.13B | $1.11B | $1.04B | $992.00M | $933.00M | $881.00M | $811.00M | $750.00M |
| EBITDA | $3.07B | $2.78B | $2.55B | $2.44B | $2.36B | $2.34B | $2.17B | $2.21B | $2.07B | $1.94B |
| EBITDA Ratio | 40.86% | 37.22% | 29.63% | 33.25% | 35.28% | 34.19% | 31.50% | 33.50% | 32.38% | 30.08% |
| Operating Income | $1.49B | $1.24B | $295.00M | $209.00M | $398.00M | $356.00M | $1.16B | $1.34B | $1.30B | $1.16B |
| Operating Income Ratio | 19.79% | 16.55% | 3.43% | 2.85% | 5.96% | 5.20% | 16.91% | 20.33% | 20.27% | 18.01% |
| Total Other Income Expenses Net | $-364.00M | $-281.00M | $-322.00M | $-323.00M | $-421.00M | $-286.00M | $-388.00M | $-452.00M | $-430.00M | $-382.00M |
| Income Before Tax | $1.12B | $954.00M | $902.00M | $823.00M | $885.00M | $829.00M | $774.00M | $886.00M | $826.00M | $796.00M |
| Income Before Tax Ratio | 14.94% | 12.78% | 10.49% | 11.23% | 13.25% | 12.11% | 11.26% | 13.46% | 12.91% | 12.33% |
| Income Tax Expense | $176.00M | $147.00M | $93.00M | $95.00M | $133.00M | $147.00M | $115.00M | $424.00M | $273.00M | $271.00M |
| Net Income | $1.00B | $887.00M | $837.00M | $728.00M | $755.00M | $680.00M | $657.00M | $460.00M | $551.00M | $523.00M |
| Net Income Ratio | 13.35% | 11.89% | 9.74% | 9.93% | 11.30% | 9.93% | 9.56% | 6.99% | 8.61% | 8.10% |
| EPS | $3.36 | $3.01 | $2.86 | $2.52 | $2.65 | $2.40 | $2.33 | $1.64 | $1.99 | $1.90 |
| EPS Diluted | $3.39 | $3.01 | $2.85 | $2.51 | $2.64 | $2.39 | $2.32 | $1.64 | $1.98 | $1.89 |
| Weighted Average Shares Outstanding | 301.19M | 291.20M | 289.50M | 289.00M | 285.00M | 283.00M | 282.20M | 280.00M | 278.00M | 276.00M |
| Weighted Average Shares Outstanding Diluted | 298.80M | 291.70M | 290.00M | 289.50M | 286.30M | 284.30M | 282.90M | 280.80M | 279.00M | 276.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $103.00M | $227.00M | $164.00M | $452.00M | $168.00M | $140.00M | $153.00M | $182.00M | $235.00M | $266.00M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $103.00M | $227.00M | $164.00M | $452.00M | $168.00M | $140.00M | $153.00M | $182.00M | $235.00M | $266.00M |
| Net Receivables | $1.06B | $944.00M | $1.58B | $943.00M | $872.00M | $1.15B | $1.23B | $1.24B | $1.01B | $913.00M |
| Inventory | $769.00M | $938.00M | $1.12B | $667.00M | $576.00M | $605.00M | $650.00M | $672.00M | $626.00M | $778.00M |
| Other Current Assets | $855.00M | $730.00M | $572.00M | $565.00M | $924.00M | $441.00M | $438.00M | $379.00M | $406.00M | $363.00M |
| Total Current Assets | $2.79B | $2.84B | $3.43B | $2.63B | $2.40B | $2.33B | $2.47B | $2.48B | $2.28B | $2.32B |
| Property Plant Equipment Net | $27.46B | $25.10B | $22.71B | $22.35B | $21.04B | $18.93B | $18.13B | $16.76B | $15.71B | $14.71B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $-2.34B | $-2.09B | $-1.86B | $-1.88B | $-1.70B | $-3.11B | $-2.77B |
| Long Term Investments | $69.00M | $76.00M | $71.00M | $71.00M | $70.00M | $71.00M | $69.00M | $64.00M | $65.00M | $64.00M |
| Tax Assets | $- | $- | $384.00M | $2.34B | $2.09B | $1.86B | $1.81B | $1.64B | $3.04B | $2.71B |
| Other Non-Current Assets | $5.60B | $5.50B | $4.75B | $3.70B | $6.15B | $5.51B | $3.94B | $3.81B | $3.63B | $3.31B |
| Total Non-Current Assets | $33.13B | $30.68B | $27.92B | $26.13B | $27.26B | $24.51B | $22.06B | $20.57B | $19.34B | $18.02B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $35.92B | $33.52B | $31.35B | $28.75B | $29.67B | $26.84B | $24.53B | $23.05B | $21.62B | $20.34B |
| Account Payables | $917.00M | $809.00M | $928.00M | $886.00M | $668.00M | $635.00M | $733.00M | $740.00M | $610.00M | $642.00M |
| Short Term Debt | $521.00M | $1.07B | $1.12B | $385.00M | $702.00M | $1.23B | $1.09B | $1.27B | $1.28B | $955.00M |
| Tax Payables | $654.00M | $612.00M | $538.00M | $515.00M | $457.00M | $437.00M | $398.00M | $360.00M | $348.00M | $349.00M |
| Deferred Revenue | $- | $- | $- | $-1.27B | $-923.00M | $-644.00M | $398.00M | $-762.00M | $-817.00M | $-474.00M |
| Other Current Liabilities | $500.00M | $406.00M | $396.00M | $418.00M | $1.25B | $403.00M | $400.00M | $411.00M | $413.00M | $356.00M |
| Total Current Liabilities | $2.59B | $2.90B | $1.87B | $1.82B | $1.57B | $1.48B | $1.53B | $1.51B | $1.37B | $1.35B |
| Long Term Debt | $10.93B | $14.59B | $13.22B | $12.12B | $11.82B | $12.06B | $10.68B | $9.21B | $8.75B | $8.52B |
| Deferred Revenue Non-Current | $- | $- | $- | $-2.32B | $-1.98B | $-1.77B | $-1.59B | $-1.36B | $-2.36B | $-2.07B |
| Deferred Tax Liabilities Non-Current | $3.05B | $- | $2.54B | $2.32B | $1.98B | $1.77B | $1.59B | $1.36B | $2.36B | $2.07B |
| Other Non-Current Liabilities | $6.08B | $7.91B | $5.02B | $4.92B | $6.71B | $5.24B | $4.84B | $5.22B | $3.57B | $3.43B |
| Total Non-Current Liabilities | $20.07B | $22.50B | $21.89B | $19.74B | $22.02B | $20.30B | $18.21B | $17.06B | $15.96B | $15.02B |
| Other Liabilities | $4.51B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $27.17B | $25.39B | $23.76B | $21.57B | $23.59B | $21.78B | $19.74B | $18.57B | $17.33B | $16.36B |
| Preferred Stock | $37.00M | $224.00M | $224.00M | $224.00M | $37.00M | $37.00M | $37.00M | $37.00M | $37.00M | $37.00M |
| Common Stock | $841.00M | $3.00M | $6.79B | $6.41B | $5.50B | $5.02B | $4.75B | $4.44B | $4.25B | $3.94B |
| Retained Earnings | $2.39B | $1.66B | $1.35B | $1.06B | $214.00M | $-25.00M | $-271.00M | $-531.00M | $-616.00M | $-855.00M |
| Accumulated Other Comprehensive Income Loss | $-11.00M | $-46.00M | $-52.00M | $-59.00M | $-86.00M | $-73.00M | $-65.00M | $-50.00M | $-50.00M | $-47.00M |
| Other Total Stockholders Equity | $8.14B | $5.71B | $5.49B | $5.41B | $5.37B | $5.11B | $5.09B | $5.02B | $4.92B | $4.84B |
| Total Stockholders Equity | $11.39B | $7.54B | $7.01B | $6.63B | $5.50B | $5.02B | $4.75B | $4.44B | $4.25B | $3.94B |
| Total Equity | $11.39B | $8.12B | $7.59B | $7.19B | $6.08B | $5.05B | $4.79B | $4.48B | $4.29B | $3.98B |
| Total Liabilities and Stockholders Equity | $35.92B | $33.52B | $31.35B | $28.75B | $29.67B | $26.84B | $24.53B | $23.05B | $21.62B | $20.34B |
| Minority Interest | $- | $581.00M | $580.00M | $557.00M | $581.00M | $37.00M | $37.00M | $37.00M | $37.00M | $37.00M |
| Total Liabilities and Total Equity | $35.92B | $33.52B | $31.35B | $28.75B | $29.67B | $26.84B | $24.53B | $23.05B | $21.62B | $20.34B |
| Total Investments | $69.00M | $76.00M | $71.00M | $71.00M | $70.00M | $71.00M | $69.00M | $64.00M | $65.00M | $64.00M |
| Total Debt | $11.34B | $15.64B | $15.43B | $12.47B | $15.20B | $13.25B | $11.78B | $10.49B | $10.03B | $9.51B |
| Net Debt | $11.34B | $15.42B | $15.26B | $12.02B | $15.03B | $13.11B | $11.62B | $10.30B | $9.80B | $9.25B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $947.00M | $808.00M | $813.00M | $1.33B | $752.00M | $682.00M | $659.00M | $462.00M | $553.00M | $525.00M |
| Depreciation and Amortization | $1.24B | $1.18B | $1.13B | $1.11B | $1.05B | $992.00M | $933.00M | $881.00M | $811.00M | $750.00M |
| Deferred Income Tax | $- | $157.00M | $89.00M | $249.00M | $170.00M | $150.00M | $182.00M | $417.00M | $264.00M | $247.00M |
| Stock Based Compensation | $- | $- | $26.00M | $22.00M | $11.00M | $22.00M | $17.00M | $17.00M | $16.00M | $20.00M |
| Change in Working Capital | $- | $416.00M | $-1.11B | $-46.00M | $-50.00M | $-33.00M | $105.00M | $-174.00M | $7.00M | $222.00M |
| Accounts Receivables | $-155.00M | $241.00M | $-677.00M | $-103.00M | $-5.00M | $45.00M | $15.00M | $-66.00M | $-155.00M | $120.00M |
| Inventory | $164.00M | $185.00M | $-450.00M | $-93.00M | $28.00M | $44.00M | $14.00M | $-46.00M | $146.00M | $147.00M |
| Accounts Payables | $15.00M | $-136.00M | $-9.00M | $153.00M | $56.00M | $-69.00M | $22.00M | $49.00M | $59.00M | $-26.00M |
| Other Working Capital | $- | $126.00M | $23.00M | $-3.00M | $-129.00M | $-53.00M | $54.00M | $-177.00M | $-198.00M | $101.00M |
| Other Non Cash Items | $183.00M | $-252.00M | $-86.00M | $-82.00M | $-734.00M | $-68.00M | $-230.00M | $119.00M | $-6.00M | $-104.00M |
| Net Cash Provided by Operating Activities | $2.37B | $2.31B | $855.00M | $1.82B | $1.28B | $1.79B | $1.70B | $1.71B | $1.63B | $1.64B |
| Investments in Property Plant and Equipment | $- | $-2.57B | $-2.48B | $-2.21B | $-2.45B | $-2.24B | $-2.22B | $-1.78B | $-1.78B | $-1.65B |
| Acquisitions Net | $- | $6.00M | $5.00M | $898.00M | $89.00M | $97.00M | $- | $- | $- | $-154.00M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $146.00M | $- | $- | $- |
| Other Investing Activities | $-3.05B | $-818.00M | $-102.00M | $78.00M | $-508.00M | $-677.00M | $-532.00M | $-1.75B | $-1.81B | $-1.80B |
| Net Cash Used for Investing Activities | $-3.05B | $-3.39B | $-2.48B | $-1.23B | $-2.87B | $-2.82B | $-2.61B | $-1.87B | $-1.92B | $-2.04B |
| Debt Repayment | $982.00M | $1.49B | $1.81B | $100.00M | $1.08B | $859.00M | $1.34B | $472.00M | $548.00M | $742.00M |
| Common Stock Issued | $286.00M | $192.00M | $69.00M | $26.00M | $253.00M | $12.00M | $41.00M | $83.00M | $72.00M | $43.00M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-626.00M | $-579.00M | $-546.00M | $-509.00M | $-467.00M | $-436.00M | $-405.00M | $-375.00M | $-345.00M | $-322.00M |
| Other Financing Activities | $-28.00M | $38.00M | $-11.00M | $87.00M | $754.00M | $573.00M | $-58.00M | $-68.00M | $52.00M | $- |
| Net Cash Used Provided by Financing Activities | $614.00M | $1.14B | $1.32B | $-295.00M | $1.62B | $1.01B | $874.00M | $110.00M | $255.00M | $463.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-70.00M | $66.00M | $-294.00M | $291.00M | $28.00M | $-18.00M | $-29.00M | $-53.00M | $-31.00M | $59.00M |
| Cash at End of Period | $178.00M | $248.00M | $182.00M | $476.00M | $185.00M | $157.00M | $175.00M | $204.00M | $257.00M | $266.00M |
| Cash at Beginning of Period | $248.00M | $182.00M | $476.00M | $185.00M | $157.00M | $175.00M | $204.00M | $257.00M | $288.00M | $207.00M |
| Operating Cash Flow | $2.37B | $2.31B | $855.00M | $1.82B | $1.28B | $1.79B | $1.70B | $1.71B | $1.63B | $1.64B |
| Capital Expenditure | $- | $-2.57B | $-2.48B | $-2.21B | $-2.45B | $-2.24B | $-2.22B | $-1.78B | $-1.78B | $-1.65B |
| Free Cash Flow | $2.37B | $-265.00M | $-1.63B | $-390.00M | $-1.17B | $-446.00M | $-517.00M | $-75.00M | $-150.00M | $-13.00M |