
NYSEUtilitiesRegulated Electric
Latest quote
$19.03
+$0.03 · +0.16%
CMS Energy Corporation is a utility company primarily engaged in delivering electricity and natural gas services. Its operations are structured into three distinct business divisions: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility division oversees the entire process of electricity, from its generation and procurement to its delivery and final sale. Concurrently, the Gas Utility segment manages the acquisition, transmission, storage, distribution, and retail of natural gas. NorthStar Clean Energy specializes in independent power generation within the domestic market, encompassing the development and management of renewable energy facilities, alongside the commercialization of independently produced power. The corporation, established in 1987, maintains its corporate headquarters in Jackson, Michigan.
Previous close
$19.03
+$0.03 · +0.16%
Regular session · ET · Market data may be delayed.
CMS Energy Corporation is a utility company primarily engaged in delivering electricity and natural gas services. Its operations are structured into three distinct business divisions: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility division oversees the entire process of electricity, from its generation and procurement to its delivery and final sale. Concurrently, the Gas Utility segment manages the acquisition, transmission, storage, distribution, and retail of natural gas. NorthStar Clean Energy specializes in independent power generation within the domestic market, encompassing the development and management of renewable energy facilities, alongside the commercialization of independently produced power. The corporation, established in 1987, maintains its corporate headquarters in Jackson, Michigan.
Day range
Current $19.03
52-week range
Current $19.03
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
87
Deep Value
Sentiment
70
Bullish
Risk
21
Moderate Risk
Momentum
49
Neutral
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Thesis, catalysts, evidence, and risk analysis.
CMS Energy Corporation is a utility company primarily engaged in delivering electricity and natural gas services. Its operations are structured into three distinct business divisions: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility division oversees the entire process of electricity, from its generation and procurement to its delivery and final sale. Concurrently, the Gas Utility segment manages the acquisition, transmission, storage, distribution, and retail of natural gas. NorthStar Clean Energy specializes in independent power generation within the domestic market, encompassing the development and management of renewable energy facilities, alongside the commercialization of independently produced power. The corporation, established in 1987, maintains its corporate headquarters in Jackson, Michigan.
Day range
Current $19.03
52-week range
Current $19.03
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 8.54B USD | 7.52B USD | 7.46B USD | 8.6B USD | 7.33B USD |
| Cost of goods sold | 3.34B USD | 4.31B USD | 4.6B USD | 5.83B USD | 4.68B USD |
| Gross profit | 5.2B USD | 3.21B USD | 2.86B USD | 2.76B USD | 2.65B USD |
| Selling, general, and administrative | 3.47B USD | — | — | — | — |
| Operating expenses | 3.47B USD | 1.72B USD | 1.63B USD | 1.54B USD | 1.5B USD |
| Interest income | — | — | — | — | 3M USD |
| Interest expense | 789M USD | 708M USD | 643M USD | 519M USD | 500M USD |
| Depreciation and amortization | 1.31B USD | 1.24B USD | 1.18B USD | 1.13B USD | 1.11B USD |
| Operating income | 1.73B USD | 1.49B USD | 1.24B USD | 1.22B USD | 1.15B USD |
| Net income | 1.07B USD | 1B USD | 887M USD | 837M USD | 1.35B USD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Preferred and Income Securities ETFPFF9.21M0.08%12.21B USD0.45%$29.370.00%
Invesco Preferred ETFPGX5.72M0.16%3.6B USD0.50%$10.03+0.60%
Cohen & Steers Preferred and Income Opportunities Active ETFCSPF224.18K0.06%18.22M USD0.59%$25.18+0.04%
John Hancock Investments - Preferred Income ETFJHPI166.42K0.08%220.85M USD0.54%$21.71-0.05%
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRF55.71K0.04%141.05M USD0.45%$47.95+0.43%
iShares Morningstar Multi-Asset Income ETFIYLD14.39K0.01%124.28M USD0.50%$21.57-0.09%
iShares Preferred and Income Securities ETFPFF
Invesco Preferred ETFPGX
Cohen & Steers Preferred and Income Opportunities Active ETFCSPF
John Hancock Investments - Preferred Income ETFJHPI
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRF
iShares Morningstar Multi-Asset Income ETFIYLDAI-generated and delayed market data for informational and educational purposes only. Not investment advice.