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 total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
CMS Energy's total debt was $19.04B at Jun 30, 2026. For fiscal 2025 it was $18.76B, up 14.5% from the year before. Over ten years it grew 7.5% a year on average. The highest annual figure on record is $18.76B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $18.76B | +14.5% |
| FY2024 | Dec 31, 2024 | $16.39B | +5.8% |
| FY2023 | Dec 31, 2023 | $15.48B | +8.9% |
| FY2022 | Dec 31, 2022 | $14.21B | +14.4% |
| FY2021 | Dec 31, 2021 | $12.42B | +0.8% |
| FY2020 | Dec 31, 2020 | $12.32B | -5.7% |
| FY2019 | Dec 31, 2019 | $13.06B | +12.5% |
| FY2018 | Dec 31, 2018 | $11.61B | +13.5% |
| FY2017 | Dec 31, 2017 | $10.23B | +7.3% |
| FY2016 | Dec 31, 2016 | $9.53B | +4.6% |
| FY2015 | Dec 31, 2015 | $9.11B | +6.4% |
| FY2014 | Dec 31, 2014 | $8.56B | +11.7% |
| FY2013 | Dec 31, 2013 | $7.66B | +5.7% |
| FY2012 | Dec 31, 2012 | $7.25B | +2.2% |
| FY2011 | Dec 31, 2011 | $7.10B | -1.4% |
| FY2010 | Dec 31, 2010 | $7.20B | +9.2% |
| FY2009 | Dec 31, 2009 | $6.59B | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $19.04B | +6.5% |
| Q1 FY2026 | Mar 31, 2026 | $18.86B | +11.9% |
| Q4 FY2025 | Dec 31, 2025 | $18.76B | +14.5% |
| Q3 FY2025 | Sep 30, 2025 | $17.97B | +12.0% |
| Q2 FY2025 | Jun 30, 2025 | $17.88B | +14.0% |
| Q1 FY2025 | Mar 31, 2025 | $16.85B | +7.1% |
| Q4 FY2024 | Dec 31, 2024 | $16.39B | +5.8% |
| Q3 FY2024 | Sep 30, 2024 | $16.05B | +5.9% |
| Q2 FY2024 | Jun 30, 2024 | $15.68B | +4.2% |
| Q1 FY2024 | Mar 31, 2024 | $15.74B | +9.2% |
| Q4 FY2023 | Dec 31, 2023 | $15.48B | +8.9% |
| Q3 FY2023 | Sep 30, 2023 | $15.15B | +10.8% |
| Q2 FY2023 | Jun 30, 2023 | $15.05B | +22.0% |
| Q1 FY2023 | Mar 31, 2023 | $14.41B | +16.0% |
| Q4 FY2022 | Dec 31, 2022 | $14.21B | +14.4% |
| Q3 FY2022 | Sep 30, 2022 | $13.68B | +8.5% |
| Q2 FY2022 | Jun 30, 2022 | $12.33B | +0.3% |
| Q1 FY2022 | Mar 31, 2022 | $12.42B | -17.5% |
| Q4 FY2021 | Dec 31, 2021 | $12.42B | +0.8% |
| Q3 FY2021 | Sep 30, 2021 | $12.60B | -16.4% |
| Q2 FY2021 | Jun 30, 2021 | $12.30B | -18.6% |
| Q1 FY2021 | Mar 31, 2021 | $15.06B | +5.7% |
| Q4 FY2020 | Dec 31, 2020 | $12.32B | -5.7% |
| Q3 FY2020 | Sep 30, 2020 | $15.08B | +15.0% |
| Q2 FY2020 | Jun 30, 2020 | $15.11B | +22.7% |
| Q1 FY2020 | Mar 31, 2020 | $14.25B | +19.2% |
| Q4 FY2019 | Dec 31, 2019 | $13.06B | +12.5% |
| Q3 FY2019 | Sep 30, 2019 | $13.11B | +21.0% |
| Q2 FY2019 | Jun 30, 2019 | $12.31B | +17.4% |
| Q1 FY2019 | Mar 31, 2019 | $11.95B | +16.2% |
| Q4 FY2018 | Dec 31, 2018 | $11.61B | +13.5% |
| Q3 FY2018 | Sep 30, 2018 | $10.84B | +8.4% |
| Q2 FY2018 | Jun 30, 2018 | $10.49B | +5.6% |
| Q1 FY2018 | Mar 31, 2018 | $10.28B | +3.4% |
| Q4 FY2017 | Dec 31, 2017 | $10.23B | +7.3% |
| Q3 FY2017 | Sep 30, 2017 | $10.00B | +2.8% |
| Q2 FY2017 | Jun 30, 2017 | $9.93B | – |
| Q1 FY2017 | Mar 31, 2017 | $9.94B | – |
| Q4 FY2016 | Dec 31, 2016 | $9.53B | – |
| Q3 FY2016 | Sep 30, 2016 | $9.73B | – |