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CMS ENERGY CORP (CMS)

Sector: Utilities

Financial Fundamentals

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Income Statement

Revenue

$7.5bn

Gross Profit

$2.9bn

Earning before Tax

$1.5bn

Net Income

$887.0m

Net Income Common Shareholders

$877.0m

EPS

3.01

Balance Sheet

Cash

$248.0m

Debt

$15.6bn

Assets

$33.5bn

Liabilities

$25.4bn

Equity

$7.5bn

Enterprise Value

$32.2bn

Cash Flow Statement

Net Cash from Operations

$2.3bn

Net Cash from Investing

$-3.4bn

Net Cash from Financing

$1.1bn

Net Cash Flow

$66.0m

Free Cash Flow

$-0.9bn

Free Cash Flow per Share

$-3.12

Metrics

Price to Equity

19.32

Price to Equity (Damodaran)

19.29

Price to Book

2.25

Net Margin

0.12

Return on Equity

0.12

Return on Sales

0.28

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Company Profile

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.

Company Info

Industry

Utilities - Regulated Electric

Employees

8,356

Address

One Energy Plaza
Jackson, MI 49201
United States

Phone

517 788 0550

Last Updated

2024-02-16

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EOD Price History

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