CMS

What one share of CMS Energy holds

Electric and Other Services Combined

CMS Energy was formed as a corporation in Michigan in 1987 and is an energy company operating primarily in Michigan. It is the parent holding company of several subsidiaries, including Consumers, an electric and gas utility, and NorthStar Clean Energy, primarily a domestic independent power producer and marketer.

CMS Energy’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.

Per-share figures
Sales$28.81
Profit$3.32
Dividends$2.23
Cash and investments$0.77
Debt$61.53
Book value$30.45

Per share by fiscal year

YearSalesProfitCapexFree cashDividendsBook value
2008$28.76$1.20$3.35−$0.99$0.36$11.89
2009$26.08$0.92$3.44$0.13$0.50$10.37
2010$25.43$1.28$3.25$0.55$0.66$11.19
2011$24.69$1.58$3.35$1.09$0.84$11.92
2012$23.28$1.42$4.57$0.05$0.96$12.09
2013$24.15$1.66$4.87$0.35$1.02$12.98
2014$26.14$1.74$5.74−$0.35$1.08$13.34
2015$23.35$1.89$5.66$0.27$1.16$14.21
2016$22.94$1.98$6.00−$0.15$1.24$15.23
2017$23.44$1.64$5.93$0.14$1.33$15.77
2018$24.29$2.32$7.33−$1.31$1.43$16.78
2019$23.30$2.39$7.38−$1.08$1.53$17.68
2020$22.42$2.64$8.07−$3.62$1.63$19.02
2021$25.32$4.66$7.17−$0.89$1.74$22.11
2022$29.64$2.85$8.19−$5.24$1.84$23.31
2023$25.58$3.01——$1.95$24.86
2024$25.19$3.33——$2.06$26.79
2025$28.37$3.52——$2.17$29.11

Common questions about CMS Energy

How much does one share of CMS Energy earn?

Over the last 12 months, each share of CMS Energy earned $3.32 of profit on $28.81 of sales, keeping about 12¢ of every $1 (profit margin).

Does CMS Energy pay a dividend?

Yes. CMS Energy paid $2.23 per share in dividends over the last 12 months, and it paid a dividend in every year from 2008 to 2025 in StockSlicer’s data. That’s about 67¢ of each $1 of profit (payout ratio).

What is CMS Energy’s book value per share?

CMS Energy’s book value is $30.45 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of June 30, 2026.

How much cash and debt does each share of CMS Energy have?

Each share of CMS Energy has $0.77 of cash and investments and $61.53 of debt, as of June 30, 2026.

How has CMS Energy’s profit per share changed over time?

Profit per share went from $1.20 in 2008 to $3.52 in 2025, growing about 6.5% a year (adjusted for stock splits).

Has CMS Energy bought back shares?

CMS Energy’s share count rose about 27% from 2008 to 2025. That dilution means each share owns a smaller slice of the company.

From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.