CMS - CMS Energy Corporation
NYSE
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Utilities
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Utilities—Regulated Electric
Jackson,
United States
Type: Equity
CMS price evolution
CMS
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $248 | $184 | $406 | $598 |
| Short term investments | ||||
| Net receivables | $966 | $720 | $745 | $1045 |
| Inventory | $938 | $1060 | $887 | $726 |
| Total current assets | $2839 | $2449 | $2603 | $2989 |
| Long term investments | $76 | $74 | $72 | $72 |
| Property, plant & equipment | $25072 | $24694 | $24264 | $23003 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $30678 | $30064 | $29662 | $28397 |
| Total investments | $76 | $74 | $72 | $72 |
| Total assets | $33517 | $32513 | $32265 | $31386 |
| Current liabilities | ||||
| Accounts payable | $809 | $846 | $759 | $687 |
| Deferred revenue | ||||
| Short long term debt | $1073 | $1290 | $1132 | $1433 |
| Total current liabilities | $2895 | $2719 | $2737 | $2942 |
| Long term debt | $14570 | $14114 | $13925 | $12985 |
| Total noncurrent liabilities | $22497 | $22036 | $21822 | $20792 |
| Total debt | $15643 | $15404 | $15057 | $14418 |
| Total liabilities | $25392 | $24755 | $24559 | $23734 |
| Shareholders' equity | ||||
| Retained earnings | $1658 | $1495 | $1463 | $1410 |
| Other shareholder equity | -$46 | -$51 | -$51 | -$51 |
| Total shareholder equity | $7544 | $7186 | $7145 | $7080 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $248 | $182 | $476 | $185 |
| Short term investments | ||||
| Net receivables | $966 | $1580 | $973 | $3788 |
| Inventory | $938 | $1117 | $667 | $576 |
| Total current assets | $2839 | $3433 | $2627 | $2404 |
| Long term investments | $76 | $71 | $71 | $939 |
| Property, plant & equipment | $25072 | $22713 | $22352 | $21039 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $30678 | $27920 | $26126 | $27262 |
| Total investments | $76 | $71 | $71 | $939 |
| Total assets | $33517 | $31353 | $28753 | $29666 |
| Current liabilities | ||||
| Accounts payable | $809 | $936 | $886 | $678 |
| Deferred revenue | ||||
| Short long term debt | $1073 | $1119 | $382 | $1506 |
| Total current liabilities | $2895 | $1866 | $2204 | $3074 |
| Long term debt | $14570 | $14309 | $12092 | $13690 |
| Total noncurrent liabilities | $22497 | $20773 | $19361 | $20515 |
| Total debt | $15643 | $14241 | $12474 | $15196 |
| Total liabilities | $25392 | $24338 | $21565 | $23589 |
| Shareholders' equity | ||||
| Retained earnings | $1658 | $1350 | $1057 | $214 |
| Other shareholder equity | -$46 | $6791 | -$59 | -$86 |
| Total shareholder equity | $7544 | $7015 | $6631 | $5496 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1950 | $1673 | $1555 | $2284 |
| Cost of revenue | $1117 | $1049 | $959 | $1475 |
| Gross Profit | $833 | $624 | $596 | $809 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $310 | $262 | $255 | $353 |
| Operating income | $523 | $362 | $341 | $456 |
| Income from continuing operations | ||||
| EBIT | $664 | $442 | $496 | $522 |
| Income tax expense | $183 | $102 | $138 | $171 |
| Interest expense | $172 | $164 | $160 | $147 |
| Net income | ||||
| Net income | $309 | $176 | $198 | $204 |
| Income (for common shares) | $306 | $174 | $195 | $202 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $7462 | $8596 | $7329 | $6680 |
| Cost of revenue | $4600 | $5834 | $4680 | $3911 |
| Gross Profit | $2862 | $2762 | $2649 | $2769 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ||||
| Total operating expenses | $1180 | $1126 | $1114 | $1048 |
| Operating income | $1682 | $1636 | $1535 | $1721 |
| Income from continuing operations | ||||
| EBIT | $2124 | $1861 | $2337 | $1808 |
| Income tax expense | $594 | $505 | $484 | $492 |
| Interest expense | $643 | $519 | $500 | $561 |
| Net income | ||||
| Net income | $887 | $837 | $1353 | $755 |
| Income (for common shares) | $877 | $827 | $1348 | $755 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $309 | $176 | $198 | $204 |
| Operating activities | ||||
| Depreciation | $310 | $262 | $255 | $353 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $405 | $199 | $665 | $1040 |
| Investing activities | ||||
| Capital expenditures | -$608 | -$614 | -$1380 | -$617 |
| Investments | ||||
| Total cash flows from investing | -$649 | -$658 | -$1428 | -$651 |
| Financing activities | ||||
| Dividends paid | -$144 | -$145 | -$145 | -$145 |
| Sale and purchase of stock | $182 | $3 | $3 | $4 |
| Net borrowings | $206 | $366 | $735 | $185 |
| Total cash flows from financing | $308 | $237 | $571 | $27 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $64 | -$222 | -$192 | $416 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $887 | $837 | $1353 | $755 |
| Operating activities | ||||
| Depreciation | $1180 | $1126 | $1114 | $1048 |
| Business acquisitions & disposals | $5 | $898 | -$17 | |
| Stock-based compensation | ||||
| Total cash flows from operations | $2309 | $855 | $1819 | $1276 |
| Investing activities | ||||
| Capital expenditures | -$3219 | -$2374 | -$2076 | -$2259 |
| Investments | -$460 | |||
| Total cash flows from investing | -$3386 | -$2476 | -$1233 | -$2867 |
| Financing activities | ||||
| Dividends paid | -$579 | -$546 | -$509 | -$467 |
| Sale and purchase of stock | $192 | $69 | $26 | $253 |
| Net borrowings | $1492 | $1813 | $100 | $1020 |
| Total cash flows from financing | $1143 | $1327 | -$295 | $1619 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $66 | -$294 | $291 | $28 |
News
Fundamentals
| Market cap | $17.59B |
|---|---|
| Enterprise value | $32.98B |
| Shares outstanding | 291.76M |
| Revenue | $7.46B |
|---|---|
| EBITDA | $3.30B |
| EBIT | $2.12B |
| Net Income | $887.00M |
| Revenue Q/Q | -14.40% |
| Revenue Y/Y | -13.19% |
| P/E ratio | 19.83 |
|---|---|
| EV/Sales | 4.42 |
| EV/EBITDA | 9.98 |
| EV/EBIT | 15.53 |
| P/S ratio | 2.36 |
| P/B ratio | 2.32 |
| Book/Share | 26.01 |
| Cash/Share | 0.85 |
| EPS | $3.04 |
|---|---|
| ROA | 2.74% |
| ROE | 12.25% |
| Debt/Equity | 3.37 |
|---|---|
| Net debt/EBITDA | 7.61 |
| Current ratio | 0.98 |
| Quick ratio | 0.66 |