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CMS Energy Corporation (CMS)
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CMS Cash Flow Statement

Operating, investing, and financing cash flow analysis

CMS Quarterly Cash Flow Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
1.940B705.000M478.000M343.000M414.000M1.000B403.000M304.000M707.000M
1.107B340.000M289.000M277.000M201.000M304.000M265.000M253.000M198.000M
1.174B412.000M173.000M288.000M301.000M388.000M326.000M273.000M285.000M
0.000.000.000.000.000.000.000.000.00
Change in Accounts Receivable
4.585B1.416B1.323B922.000M924.000M1.028B1.063B803.000M825.000M
Change in Inventory
Change in Accounts Payable
Change in Working Capital
-375.000M-11.000M-104.000M-227.000M-33.000M303.000M-148.000M-195.000M295.000M
Cash from Investing
-3.975B-1.039B-1.074B-978.000M-884.000M-888.000M-918.000M-806.000M-681.000M
-120.000M0.004.000M-124.000M0.000.005.000M0.00124.000M
Cash from Financing
Debt Repayment
0.000.000.000.000.000.000.000.000.00
-675.000M-178.000M-167.000M-165.000M-165.000M-166.000M-156.000M-156.000M-158.000M
-2.035B-334.000M-596.000M-635.000M-470.000M112.000M-515.000M-502.000M26.000M
Net Change in Cash
-263.000M-352.000M183.000M-493.000M399.000M348.000M-289.000M-322.000M-72.000M

CMS Annual Cash Flow Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
2.235B2.370B2.309B855.000M1.819B1.276B1.790B1.703B
1.071B1.003B887.000M837.000M1.353B755.000M680.000M657.000M
1.150B1.240B1.180B1.126B1.114B1.043B989.000M933.000M
0.000.000.000.000.000.000.000.00
Change in Accounts Receivable
1.323B1.063B944.000M1.580B943.000M872.000M1.145B1.227B
Change in Inventory
Change in Accounts Payable
Change in Working Capital
-61.000M262.000M416.000M-1.113B-46.000M-25.000M-33.000M105.000M
Cash from Investing
-3.824B-3.018B-3.219B-2.374B-2.076B-2.311B-2.104B-2.074B
4.000M129.000M6.000M2.000M1.000M89.000M97.000M0.00
Cash from Financing
Debt Repayment
0.000.000.000.000.000.000.000.00
-663.000M-626.000M-579.000M-546.000M-509.000M-467.000M-436.000M-407.000M
-1.589B-648.000M-910.000M-1.519B-257.000M-1.035B-314.000M-371.000M
Net Change in Cash
437.000M-70.000M66.000M-294.000M427.000M-108.000M-17.000M-25.000M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About CMS Energy Corporation

CMS Energy Corporation (CMS) operates as a significant utility provider with its primary services concentrated in Michigan. The company's business is structured into three main divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment encompasses the full spectrum of electricity operations, from generating power using a variety of sources—including coal, wind, natural gas, renewable energies, oil, and nuclear—to its subsequent purchase, transmission, distribution, and sale to customers. Its extensive electrical grid is supported by approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, an additional 82,474 miles of electric overhead distribution lines, and 9,395 miles of underground distribution lines. This vast network also includes 1,093 substations and 3 battery storage facilities. The Gas Utility division is responsible for procuring, transmitting, storing, distributing, and selling natural gas. This segment's infrastructure features 2,392 miles of transmission pipelines, 15 natural gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations. The Enterprises segment specializes in independent power generation and energy marketing, particularly focusing on the development and operation of renewable energy projects. CMS Energy serves a considerable customer base, providing electricity to 1.9 million clients and natural gas to 1.8 million clients, spanning residential, commercial, and diverse industrial sectors. The company was established in 1987 and its corporate headquarters are situated in Jackson, Michigan.

Jackson, MI
8,324 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Garrick J. Rochow