CMS Energy Corporation (CMS) Balance Sheet
A balance sheet shows what a company owns and owes, and shareholders' equity, at a single point in time.
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy.
Total Assets Chart for CMS Energy Corporation
CMS Energy Corporation (CMS) total assets for FY2025 were USD 40.4B, a 12.4% change from FY2024. CMS Energy Corporation's total assets grew from USD 7.4B in 1994 to USD 40.4B in 2025 (447.0% over 31 years). Total assets compound annual growth rate: 5-year CAGR of 6.4%, 10-year CAGR of 7.1%, 20-year CAGR of 4.7%.
Total Assets (US Dollars)
R&D as % of Revenue
Compare with
Key Stats
- Market Cap
- $22.33B
- Implied Share Price
- $71.20
- Enterprise Value
- $41.78B
- Revenue (TTM)
- $8.81B
- EBITDA
- $3.02B
- Profit Margin
- 11.64%
- Trailing P/E
- 21.45
- Forward P/E
- 18.55
- Price/Book (MRQ)
- 2.36
- Price/Sales (TTM)
- 2.53
- EV/EBITDA
- 12.66
- EV/Revenue
- 4.74
- Dividend Yield
- 3.11%
- Book Value
- $30.45
- Free Cash Flow (FY2025)
- -$1.59B
- Free Cash Flow Yield
- -7.12%
Snapshot as of 7th August 2026 — not point-in-time controlled, may lag the live market by a few days.