CMS Energy Corporation (CMS) Operating Cash Flow CAGR:-19.64%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, CMS Energy Corporation's Operating Cash Flow CAGR averages 17.75% over 3 years and 0.34% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Operating cash flow CAGR measures the compound annual growth rate of the cash CMS Energy Corporation generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
CMS Operating Cash Flow CAGR Chart
CMS Energy Corporation (CMS)
CMS Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
CMS Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $2.37B | $2.23B | $-135.00M | -5.70% | -5.70% |
| 2024 | $2.31B | $2.37B | +$61.00M | +2.64% | +2.64% |
| 2023 | $855.00M | $2.31B | +$1.45B | +170.06% | +170.06% |
| 2022 | $1.82B | $855.00M | $-964.00M | -53.00% | -53.00% |
| 2021 | $1.28B | $1.82B | +$543.00M | +42.55% | +42.55% |
| 2020 | $1.79B | $1.28B | $-514.00M | -28.72% | -28.72% |
| 2019 | $1.70B | $1.79B | +$87.00M | +5.11% | +5.11% |
| 2018 | $1.71B | $1.70B | $-2.00M | -0.12% | -0.12% |
| 2017 | $1.63B | $1.71B | +$76.00M | +4.67% | +4.67% |
| 2016 | $1.64B | $1.63B | $-11.00M | -0.67% | -0.67% |
| 2015 | $1.45B | $1.64B | +$193.00M | +13.34% | +13.34% |
| 2014 | $1.42B | $1.45B | +$26.00M | +1.83% | +1.83% |
| 2013 | $1.24B | $1.42B | +$180.00M | +14.50% | +14.50% |
| 2012 | $1.17B | $1.24B | +$72.00M | +6.16% | +6.16% |
| 2011 | $959.00M | $1.17B | +$210.00M | +21.90% | +21.90% |
| 2010 | $848.00M | $959.00M | +$111.00M | +13.09% | +13.09% |
| 2009 | $559.00M | $848.00M | +$289.00M | +51.70% | +51.70% |
| 2008 | $27.00M | $559.00M | +$532.00M | +1970.37% | +1970.37% |
| 2007 | $688.00M | $27.00M | $-661.00M | -96.08% | -96.08% |
| 2006 | $599.00M | $688.00M | +$89.00M | +14.86% | +14.86% |
| 2005 | $398.00M | $599.00M | +$201.00M | +50.50% | +50.50% |
| 2004 | $-251.00M | $398.00M | +$649.00M | N/A | N/A |
| 2003 | $614.00M | $-251.00M | $-865.00M | -140.88% | N/A |
| 2002 | $417.00M | $614.00M | +$197.00M | +47.24% | +47.24% |
| 2001 | $453.00M | $417.00M | $-36.00M | -7.95% | -7.95% |
| 2000 | $917.00M | $453.00M | $-464.00M | -50.60% | -50.60% |
| 1999 | $516.00M | $917.00M | +$401.00M | +77.71% | +77.71% |
| 1998 | $624.00M | $516.00M | $-108.00M | -17.31% | -17.31% |
| 1997 | $661.00M | $624.00M | $-37.00M | -5.60% | -5.60% |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $705.00M | +47.5% | -29.5% |
| Q4 2025 | $478.00M | +39.4% | +18.6% |
| Q3 2025 | $343.00M | -17.1% | +12.8% |
| Q2 2025 | $414.00M | -58.6% | -41.4% |
| Q1 2025 | $1.00B | +148.1% | +4.6% |
| Q4 2024 | $403.00M | +32.6% | -0.5% |
| Q3 2024 | $304.00M | -57.0% | +52.8% |
| Q2 2024 | $707.00M | -26.0% | +6.3% |
| Q1 2024 | $956.00M | +136.0% | -8.1% |
| Q4 2023 | $405.00M | +103.5% | +115.4% |
| Q3 2023 | $199.00M | -70.1% | — |
| Q2 2023 | $665.00M | -36.1% | +88.9% |
| Q1 2023 | $1.04B | +453.2% | +47.1% |
| Q4 2022 | $188.00M | — | -44.0% |
| Q3 2022 | -$392.00M | — | — |
| Q2 2022 | $352.00M | -50.2% | -34.2% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Garrick J. Rochow