CMS Energy (NYSE: CMS) net income
CMS Energy reported a net profit of $1,071m for fiscal 2025, 6.8% more than in fiscal 2024 ($1,003m). Its net margin was 12.5%. Earnings per share were $3.53.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $1,071m | +6.8% | 12.5% | $3.53 |
| 2024 | $1,003m | +13.1% | 13.3% | $3.34 |
| 2023 | $887.0m | +6.0% | 11.9% | $3.01 |
| 2022 | $837.0m | −38.1% | 9.7% | $2.85 |
| 2021 | $1,353m | +79.2% | 18.5% | $4.66 |
| 2020 | $755.0m | +11.0% | 11.8% | $2.65 |
| 2019 | $680.0m | +3.5% | 10.3% | $2.40 |
| 2018 | $657.0m | +42.8% | 9.6% | $2.33 |
| 2017 | $460.0m | −16.5% | 7.0% | $1.64 |
| 2016 | $551.0m | — | 8.6% | $1.99 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of CMS Energy
- How much did CMS Energy earn in fiscal 2025?
- CMS Energy reported a net profit of $1,071m for fiscal 2025. In fiscal 2024 it reported a net profit of $1,003m.
- What are the earnings per share of CMS Energy?
- They were $3.53 in fiscal 2025, compared with $3.34 in fiscal 2024.
- What is the net margin of CMS Energy?
- In fiscal 2025 its net profit was 12.5% of its revenue.
- What was the most profitable year for CMS Energy?
- Of its last 10 fiscal years, fiscal 2021, with $1,353m.
- Where do the figures for CMS Energy come from?
- From the annual report (Form 10-K) that CMS Energy files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that CMS Energy files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on CMS Energy: the CMS Energy page · annual accounts · revenue · insider transactions.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.