CMS EnergyCMS
Power & grid infrastructure
Financials
As reported, restated where the company has since revised a figure.
In US dollars
| Breakdown | TTM | 12/31/2025 | 12/31/2024 |
|---|---|---|---|
| Operating Cash Flow | $2.15B | $2.23B | $2.37B |
| Net Income | $1.03B | $1.07B | $1.00B |
| Depreciation & Amortization | $1.35B | $1.31B | $1.24B |
| Investing Cash Flow | −$4.25B | −$4.04B | −$3.05B |
| Capital Expenditure | −$4.06B | −$3.82B | −$3.02B |
| Acquisitions & Divestitures | $0.00 | $0.00 | $124.0M |
| Financing Cash Flow | $1.52B | $2.24B | $614.0M |
| Debt Issued & Repaid | $1.14B | $2.39B | $982.0M |
| Stock Issued & Repurchased | $1.04B | $525.0M | $286.0M |
| Dividends Paid | −$690.0M | −$663.0M | −$626.0M |
| Change in Cash | −$580.0M | $437.0M | −$70.0M |
| Free Cash Flow | −$1.91B | −$1.59B | −$648.0M |
2 periods and the trailing twelve months · latest filed Dec 31, 2025