CMS, CMSA, CMSC, CMSD, CMS-PC · CIK 0000811156 · operating
CMS Energy Corporation operates regulated utility businesses serving Michigan through generation, transmission, and distribution of electricity and natural gas. The company supplies 1.9 million electric customers and 1.8 million gas customers across residential, commercial, and industrial segments. Operations span three primary business divisions: Electric Utility, Gas Utility, and NorthStar Clean Energy.
The Electric Utility segment generates electricity from coal, nuclear, wind, natural gas, oil, and renewable sources, operating an extensive distribution network comprising approximately 82,900 miles of overhead and underground distribution lines supported by 1,102 substations. The Gas Utility segment purchases, transmits, stores, and distributes natural gas through 2,337 miles of transmission lines, 28,400 miles of distribution mains, and 14 underground storage fields. NorthStar Clean Energy engages in independent power production and development of renewable generation assets.
CMS Energy maintains headquarters in Jackson, Michigan, with approximately 8,350 full-time employees. The company was incorporated in Michigan and operates exclusively within the state, making it a regional utility focused on a single-state market.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $3.53 | $3.53 | +6.0% | |
| 2024 | $3.33 | $3.34 | +10.6% | |
| 2023 | $3.01 | $3.01 | +5.6% | |
| 2022 | $2.85 | $2.85 | +29.5% | |
| 2021 | $2.20 | $2.20 | +300.0% | |
| 2020 | $0.55 | $0.55 | -5.2% | |
| 2019 | $0.58 | $0.59 | +52.6% | |
| 2018 | $0.38 | $0.38 | +3900.0% | |
| 2017 | $-0.01 | $-0.01 | -103.6% | |
| 2016 | $0.28 | $0.28 | -26.3% | |
| 2015 | $0.38 | $0.39 | +8.6% | |
| 2014 | $0.35 | $0.35 | -5.4% | |
| 2013 | $0.37 | $0.38 | +48.0% | |
| 2012 | $0.25 | $0.26 | +66.7% | |
| 2011 | $0.15 | $0.16 | -88.3% | |
| 2010 | $1.28 | $1.40 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-10 | 0000811156-26-000004 | SEC ↗ |
| 2024-12-31 | 2025-02-11 | 0000811156-25-000036 | SEC ↗ |
| 2023-12-31 | 2024-02-08 | 0000811156-24-000044 | SEC ↗ |
| 2022-12-31 | 2023-02-09 | 0000811156-23-000014 | SEC ↗ |
| 2021-12-31 | 2022-02-10 | 0000811156-22-000048 | SEC ↗ |
| 2020-12-31 | 2021-02-11 | 0000811156-21-000016 | SEC ↗ |
| 2019-12-31 | 2020-02-06 | 0000811156-20-000004 | SEC ↗ |
| 2018-12-31 | 2019-02-05 | 0000811156-19-000003 | SEC ↗ |
| 2017-12-31 | 2018-02-14 | 0001104659-18-009493 | SEC ↗ |
| 2016-12-31 | 2017-02-07 | 0001104659-17-006823 | SEC ↗ |
| 2015-12-31 | 2016-02-11 | 0001104659-16-095725 | SEC ↗ |
| 2014-12-31 | 2015-02-05 | 0001104659-15-006843 | SEC ↗ |