Live Analysis Today, CMS Energy Corporation (CMS) is priced at $76, experiencing a slight decrease of 6 cents (-0.079%) from the previous close. Trading volume is at $1 million, representing a 32.73% increase from the average volume.
Earnings Overview In the latest quarterly earnings report on April 27th, CMS reported earnings per share (EPS) of 1.13, meeting consensus estimates.
Dividends CMS offers a forward dividend yield of 3%, with a dividend per share MRQ of 57 cents. Year-over-year, the dividend per share has increased by 5.3398 cents to $2.22 TTM.
Cash Flow The company had a net change in cash of $183 million, ending the period with $615 million in cash. Notable cash flow activities include acquisitions netting $4 million and debt repayment of $-832 million.
Income Statement CMS generated $2.23 billion in revenue, resulting in a gross profit of $2.86 billion. Operating income stood at $435 million, with a net income of $289 million, translating to an EPS of 94 cents.
Ratios Key ratios include a gross profit margin of 127.86%, a return on equity of 3.16%, and a price to earnings ratio of 18.18.
Balance Sheet The company holds $615 million in cash and cash equivalents, with total assets amounting to $40.39 billion. Long-term debt stands at $17.83 billion, contributing to a total debt of $18.90 billion.
This real-time financial report provides insights into CMS Energy Corporation's performance and financial health.
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.