CMS Energy Corporation (CMS) Revenue CAGR:13.31%(TTM)
Revenue CAGR uses precomputed financial statement history.
Over longer horizons, CMS Energy Corporation's Revenue CAGR averages 1.22% over 3 years and 5.66% 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. Revenue CAGR measures how CMS Energy Corporation's top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.
CMS Revenue CAGR Chart
CMS Energy Corporation (CMS)
CMS Quarterly Revenue Growth (YoY)
Revenue growth vs the same quarter one year earlier, last 20 quarters.
CMS Revenue CAGR History
| Year | Start Revenue | End Revenue | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $7.51B | $8.54B | +$1.02B | +13.63% | +13.63% |
| 2024 | $7.46B | $7.51B | +$53.00M | +0.71% | +0.71% |
| 2023 | $8.60B | $7.46B | $-1.13B | -13.19% | -13.19% |
| 2022 | $7.33B | $8.60B | +$1.27B | +17.29% | +17.29% |
| 2021 | $6.42B | $7.33B | +$911.00M | +14.19% | +14.19% |
| 2020 | $6.62B | $6.42B | $-206.00M | -3.11% | -3.11% |
| 2019 | $6.87B | $6.62B | $-249.00M | -3.62% | -3.62% |
| 2018 | $6.58B | $6.87B | +$290.00M | +4.41% | +4.41% |
| 2017 | $6.40B | $6.58B | +$184.00M | +2.88% | +2.88% |
| 2016 | $6.46B | $6.40B | $-57.00M | -0.88% | -0.88% |
| 2015 | $7.18B | $6.46B | $-723.00M | -10.07% | -10.07% |
| 2014 | $6.57B | $7.18B | +$613.00M | +9.34% | +9.34% |
| 2013 | $6.25B | $6.57B | +$313.00M | +5.01% | +5.01% |
| 2012 | $6.50B | $6.25B | $-250.00M | -3.84% | -3.84% |
| 2011 | $6.43B | $6.50B | +$71.00M | +1.10% | +1.10% |
| 2010 | $6.21B | $6.43B | +$227.00M | +3.66% | +3.66% |
| 2009 | $6.81B | $6.21B | $-602.00M | -8.84% | -8.84% |
| 2008 | $6.46B | $6.81B | +$343.00M | +5.31% | +5.31% |
| 2007 | $6.13B | $6.46B | +$338.00M | +5.52% | +5.52% |
| 2006 | $5.88B | $6.13B | +$247.00M | +4.20% | +4.20% |
| 2005 | $5.47B | $5.88B | +$407.00M | +7.44% | +7.44% |
| 2004 | $5.51B | $5.47B | $-41.00M | -0.74% | -0.74% |
| 2003 | $8.67B | $5.51B | $-3.16B | -36.43% | -36.43% |
| 2002 | $8.01B | $8.67B | +$667.00M | +8.33% | +8.33% |
| 2001 | $8.74B | $8.01B | $-733.00M | -8.39% | -8.39% |
| 2000 | $5.93B | $8.74B | +$2.81B | +47.47% | +47.47% |
| 1999 | $5.14B | $5.93B | +$785.00M | +15.27% | +15.27% |
| 1998 | $4.78B | $5.14B | +$360.00M | +7.53% | +7.53% |
| 1997 | $4.32B | $4.78B | +$457.00M | +10.57% | +10.57% |
Quarterly Revenue: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $2.73B | +22.3% | +11.6% |
| Q4 2025 | $2.23B | +10.5% | +12.3% |
| Q3 2025 | $2.02B | +10.0% | +15.9% |
| Q2 2025 | $1.84B | -24.9% | +14.4% |
| Q1 2025 | $2.45B | +23.0% | +12.5% |
| Q4 2024 | $1.99B | +14.1% | +2.0% |
| Q3 2024 | $1.74B | +8.5% | +4.2% |
| Q2 2024 | $1.61B | -26.1% | +3.3% |
| Q1 2024 | $2.18B | +11.6% | -4.7% |
| Q4 2023 | $1.95B | +16.6% | -14.4% |
| Q3 2023 | $1.67B | +7.6% | -17.3% |
| Q2 2023 | $1.55B | -31.9% | -19.0% |
| Q1 2023 | $2.28B | +0.3% | -3.8% |
| Q4 2022 | $2.28B | +12.5% | +12.1% |
| Q3 2022 | $2.02B | +5.4% | +17.3% |
| Q2 2022 | $1.92B | -19.1% | +23.2% |
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