CMS Energy (CMS) Financials

$70.10

$0.58 (0.83%)

As on 30-Oct-2026 16:09EST

Market cap

$21,803 Mln

Revenue (TTM)

$8,975 Mln

P/E Ratio

24.8

P/B Ratio

2.3

Div. Yield

3.3 %

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	8,975.00	8,539.00	7,515.00	7,462.00	8,596.00	7,329.00
Cost of Revenue	4,148.12	3,337.88	4,306.00	4,600.00	5,834.00	4,680.00
Gross Profit	4,827.12	5,201.12	3,209.00	2,862.00	2,762.00	2,649.00
Operating Expenses	5,692.12	3,474.12	1,722.00	1,627.00	1,538.00	1,503.00
Operating Profit (EBIT)	1,236.00	1,727.00	1,487.00	1,235.00	1,224.00	1,146.00
Other Income	--	--	--	--	--	--
Profit before Tax	673.00	1,248.00	1,123.00	954.00	902.00	823.00
Provision for Tax	149.00	246.00	176.00	147.00	93.00	95.00
Profit after Tax (Net Income)	872.00	1,071.00	1,003.00	887.00	837.00	1,353.00
Minority Interest	348.00	69.00	56.00	29.00	24.00	23.00
Consolidated Profit	286.00	1,061.00	993.00	877.00	827.00	1,348.00

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	9,726.00	9,144.00	8,230.00	7,544.00	7,015.00	6,631.00
Minority Interest	348.00	567.00	518.00	581.00	580.00	--
Non-Current Liabilities	28,000.00	27,129.00	23,651.00	22,497.00	20,773.00	19,361.00
Current Liabilities	3,388.00	3,548.00	3,521.00	2,895.00	2,985.00	2,204.00
Total Liabilities	45,071.00	40,388.00	35,920.00	33,517.00	31,353.00	28,753.00

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	38,477.00	36,916.00	33,130.00	30,678.00	27,920.00	26,126.00
Current Assets	3,206.00	3,472.00	2,790.00	2,839.00	3,433.00	2,627.00
Total Assets	45,071.00	40,388.00	35,920.00	33,517.00	31,353.00	28,753.00
Total Debt*	20,207.00	18,939.00	16,590.00	15,669.00	14,340.00	12,502.00
Net Current Assets	-182.00	-76.00	-731.00	-56.00	1,567.00	805.00

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	2,235.00	2,370.00	2,309.00	855.00	1,819.00
Cash Flow from Investing Activities	--	-4,034.00	-3,049.00	-3,380.00	-2,476.00	-1,233.00
Cash from Financing Activities	--	2,236.00	609.00	1,137.00	1,327.00	-295.00
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS ($)	2.88	3.56	3.36	3.01	2.87	4.67
Cash EPS ($)	2.80	7.91	7.51	6.97	6.74	8.52
Adjusted Book Value ($)	30.30	30.42	27.54	25.63	24.08	22.89
Dividend per Share ($)	3.30	--	--	--	--	--
Cash Flow per Share ($)	--	7.44	7.93	7.84	2.94	6.28
Free Cash Flow per Share ($)	--	-5.29	-2.17	-3.09	-5.58	-1.35

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	4.05	4.18	3.98	4.13	6.46
ROE (%)	12.71	12.33	12.72	12.18	12.27	21.29
ROA (%)	2.02	2.81	2.89	2.73	2.79	4.63
EBIT Margin (%)	16.71	23.86	24.36	21.40	16.53	18.05
Net Margin (%)	9.72	12.54	13.35	11.89	9.74	18.46
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	8.20	0.14	0.01	-0.13	0.17	0.14
EBIT Growth (%)	-26.04	11.25	14.65	12.39	7.41	0.68
Net Profit Growth (%)	13.07	6.78	13.08	5.97	-38.14	79.21
EPS Growth (%)	-17.52	0.06	0.11	0.05	-0.38	0.77
Book Value Growth (%)	5.24	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Price / Earnings	24.83	19.63	19.85	19.27	22.04	13.93
Price / Book Value	2.25	2.30	2.42	2.27	2.63	2.84
Dividend Yield (%)	3.30	--	--	--	--	--
EV/EBITDA	14.41	11.77	11.85	11.72	12.81	12.68
Close Price ($)	63.08	69.93	66.65	58.07	63.33	65.05
High Price ($)	80.36	76.45	72.40	65.72	73.76	65.79
Low Price ($)	62.29	63.97	55.10	49.87	52.41	53.19
Market Cap ($ Cr)	21,803.25	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	1.93	2.07	2.02	2.08	2.04	1.89
Short term debt to equity ratio	0.13	0.10	0.15	0.14	0.16	0.06
Current Ratio	0.95	0.98	0.79	0.98	1.15	1.19
Quick Ratio	0.67	0.76	0.57	0.66	0.78	0.89
Interest Coverage	1.81	2.58	2.59	2.48	2.74	2.65

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	12.84	15.49	14.15	12.65	18.38	12.87
Asset Turnover	0.21	0.22	0.22	0.23	0.29	0.25
Receivable days	--	51.03	48.77	61.77	53.60	52.33
Inventory Days	--	85.35	72.40	81.59	55.85	48.50
Payable days	--	136.62	80.67	69.28	57.04	61.03
Cash Conversion Cycle	--	-0.24	40.50	74.08	52.41	39.80

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement ($ Mln)