CMS Energy Corp (CMS.PC) stock
CMS.PCNYSEElectric & Other Services CombinedFiscal year ends December 31Also trades as CMS, CMSA, CMSC, CMSD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 27, 2026Score 9/304% below fair value
$15.77+0.06 (+0.38%)
Close on Oct 30, 2026Market cap $4.90BP/E 4.7Yield 13.76%
CMS Energy free cash flow
Free cash flow is cash from operations minus capital expenditures: the cash available for dividends, buybacks, debt repayment or acquisitions.
CMS Energy's free cash flow for the twelve months ending Mar 31, 2023 was -$1.28B. For fiscal 2022 it was -$1.52B. The highest annual figure on record is $287.00M in fiscal 2011.
Annual free cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | -$1.52B | – |
| FY2021 | Dec 31, 2021 | -$257.00M | – |
| FY2020 | Dec 31, 2020 | -$1.04B | – |
| FY2019 | Dec 31, 2019 | -$307.00M | – |
| FY2018 | Dec 31, 2018 | -$371.00M | -1027.5% |
| FY2017 | Dec 31, 2017 | $40.00M | – |
| FY2016 | Dec 31, 2016 | -$43.00M | -156.6% |
| FY2015 | Dec 31, 2015 | $76.00M | – |
| FY2014 | Dec 31, 2014 | -$96.00M | -200.0% |
| FY2013 | Dec 31, 2013 | $96.00M | +585.7% |
| FY2012 | Dec 31, 2012 | $14.00M | -95.1% |
| FY2011 | Dec 31, 2011 | $287.00M | +108.0% |
| FY2010 | Dec 31, 2010 | $138.00M | +360.0% |
| FY2009 | Dec 31, 2009 | $30.00M | – |
| FY2008 | Dec 31, 2008 | -$235.00M | – |
Quarterly free cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | -$345.00M | -408.0% |
| Q1 FY2026 | Mar 31, 2026 | -$334.00M | – |
| Q3 FY2025 | Sep 30, 2025 | -$635.00M | -2542.3% |
| Q2 FY2025 | Jun 30, 2025 | -$470.00M | -237.0% |
| Q1 FY2025 | Mar 31, 2025 | $112.00M | -73.5% |
| Q3 FY2024 | Sep 30, 2024 | -$502.00M | – |
| Q2 FY2024 | Jun 30, 2024 | $26.00M | – |
| Q1 FY2024 | Mar 31, 2024 | $343.00M | – |
| Q1 FY2023 | Mar 31, 2023 | $423.00M | +126.2% |
| Q4 FY2022 | Dec 31, 2022 | -$448.00M | – |
| Q3 FY2022 | Sep 30, 2022 | -$1.04B | – |
| Q2 FY2022 | Jun 30, 2022 | -$216.00M | -332.3% |
| Q1 FY2022 | Mar 31, 2022 | $187.00M | -52.8% |
| Q4 FY2021 | Dec 31, 2021 | -$298.00M | – |
| Q3 FY2021 | Sep 30, 2021 | -$448.00M | – |
| Q2 FY2021 | Jun 30, 2021 | $93.00M | -46.6% |
| Q1 FY2021 | Mar 31, 2021 | $396.00M | – |
| Q4 FY2020 | Dec 31, 2020 | -$486.00M | – |
| Q3 FY2020 | Sep 30, 2020 | -$401.00M | – |
| Q2 FY2020 | Jun 30, 2020 | $174.00M | +128.9% |
| Q1 FY2020 | Mar 31, 2020 | -$322.00M | -336.8% |
| Q4 FY2019 | Dec 31, 2019 | -$132.00M | – |
| Q3 FY2019 | Sep 30, 2019 | -$387.00M | – |
| Q2 FY2019 | Jun 30, 2019 | $76.00M | -70.5% |
| Q1 FY2019 | Mar 31, 2019 | $136.00M | -52.4% |
| Q4 FY2018 | Dec 31, 2018 | -$364.00M | -842.9% |
| Q3 FY2018 | Sep 30, 2018 | -$551.00M | – |
| Q2 FY2018 | Jun 30, 2018 | $258.00M | +180.4% |
| Q1 FY2018 | Mar 31, 2018 | $286.00M | +1.8% |
| Q4 FY2017 | Dec 31, 2017 | $49.00M | – |
| Q3 FY2017 | Sep 30, 2017 | -$382.00M | – |
| Q2 FY2017 | Jun 30, 2017 | $92.00M | – |
| Q1 FY2017 | Mar 31, 2017 | $281.00M | – |
| Q4 FY2016 | Dec 31, 2016 | -$60.00M | – |
| Q3 FY2016 | Sep 30, 2016 | -$267.00M | – |