CMS Historical Income Statement

CMS Stock

USD 71.92 1.07 1.51%

Historical analysis of CMS Energy income statement accounts such as Total Revenue of 6.3 B, Gross Profit of 2.3 B or Operating Income of 980.1 M can show how well CMS Energy performed in making a profits. Evaluating CMS Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CMS Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining CMS Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CMS Energy is a good buy for the upcoming year.

Net Income Gross Profit

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.

About CMS Income Statement Analysis

CMS Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CMS Energy shareholders. The income statement also shows CMS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CMS Energy Income Statement Chart

At this time, CMS Energy's Interest Expense is comparatively stable compared to the past year. EBITDA is likely to gain to about 3.2 B in 2025, whereas Gross Profit is likely to drop slightly above 2.3 B in 2025.

Total Revenue Gross Profit Operating Income Ebitda

Total Revenue

Total revenue comprises all receipts CMS Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CMS Energy minus its cost of goods sold. It is profit before CMS Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from CMS Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CMS Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from CMS Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CMS Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.At this time, CMS Energy's Interest Expense is comparatively stable compared to the past year. EBITDA is likely to gain to about 3.2 B in 2025, whereas Gross Profit is likely to drop slightly above 2.3 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	2.8B	2.9B	3.2B	2.3B
Total Revenue	8.6B	7.5B	7.5B	6.3B

Gross Profit Total Revenue

CMS Energy income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Other Operating Expenses	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Minority Interest	Extraordinary Items	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Discontinued Operations
Interest Expense		0.74	-0.04	-0.59	-0.54	0.2	0.76	0.97	-0.48	0.69	0.79	0.51	0.03	0.95	0.16	0.16	-0.16	0.72	0.57	-0.48	0.24	-0.78	0.76	-0.68
Total Revenue	0.74		-0.15	-0.79	-0.63	-0.2	0.85	0.79	-0.41	0.72	0.94	0.89	0.51	0.68	0.05	0.16	0.03	0.57	0.38	-0.45	0.25	-0.3	0.5	-0.44
Gross Profit	-0.04	-0.15		0.32	0.67	0.63	-0.45	-0.02	-0.27	0.31	-0.15	-0.42	-0.3	-0.05	0.19	0.31	-0.54	0.45	0.34	-0.27	0.35	-0.35	0.44	-0.34
Operating Income	-0.59	-0.79	0.32		0.78	0.35	-0.84	-0.68	0.49	-0.52	-0.76	-0.7	-0.56	-0.53	-0.29	-0.31	0.1	-0.38	-0.39	0.44	-0.26	0.16	-0.32	0.08
Ebit	-0.54	-0.63	0.67	0.78		0.66	-0.91	-0.53	0.1	-0.11	-0.61	-0.58	-0.37	-0.46	-0.04	0.15	-0.29	0.04	0.01	0.02	0.16	-0.03	0.05	-0.08
Ebitda	0.2	-0.2	0.63	0.35	0.66		-0.45	0.22	-0.35	0.36	-0.04	-0.27	-0.34	0.3	0.1	0.38	-0.45	0.6	0.54	-0.41	0.29	-0.71	0.68	-0.63
Total Other Income Expense Net	0.76	0.85	-0.45	-0.84	-0.91	-0.45		0.76	-0.23	0.49	0.78	0.71	0.4	0.69	0.08	-0.02	0.19	0.31	0.21	-0.22	0.03	-0.21	0.26	-0.18
Net Income	0.97	0.79	-0.02	-0.68	-0.53	0.22	0.76		-0.59	0.78	0.84	0.59	0.19	0.94	0.22	0.25	-0.15	0.8	0.66	-0.61	0.29	-0.75	0.78	-0.66
Income Tax Expense	-0.48	-0.41	-0.27	0.49	0.1	-0.35	-0.23	-0.59		-0.51	-0.55	-0.3	-0.05	-0.35	-0.27	-0.59	0.55	-0.72	-0.83	0.95	-0.51	0.56	-0.69	0.46
Depreciation And Amortization	0.69	0.72	0.31	-0.52	-0.11	0.36	0.49	0.78	-0.51		0.64	0.52	0.32	0.71	0.28	0.49	-0.2	0.89	0.66	-0.64	0.35	-0.58	0.78	-0.54
Other Operating Expenses	0.79	0.94	-0.15	-0.76	-0.61	-0.04	0.78	0.84	-0.55	0.64		0.87	0.39	0.72	-0.03	0.21	-0.09	0.59	0.49	-0.55	0.29	-0.45	0.6	-0.59
Cost Of Revenue	0.51	0.89	-0.42	-0.7	-0.58	-0.27	0.71	0.59	-0.3	0.52	0.87		0.59	0.49	-0.11	0.1	0.18	0.36	0.23	-0.37	0.18	-0.1	0.31	-0.33
Total Operating Expenses	0.03	0.51	-0.3	-0.56	-0.37	-0.34	0.4	0.19	-0.05	0.32	0.39	0.59		0.15	0.12	0.18	0.51	0.05	-0.03	-0.12	-0.15	0.34	-0.12	0.27
Income Before Tax	0.95	0.68	-0.05	-0.53	-0.46	0.3	0.69	0.94	-0.35	0.71	0.72	0.49	0.15		0.18	0.12	-0.02	0.71	0.52	-0.39	0.16	-0.77	0.72	-0.66
Minority Interest	0.16	0.05	0.19	-0.29	-0.04	0.1	0.08	0.22	-0.27	0.28	-0.03	-0.11	0.12	0.18		0.12	-0.26	0.32	0.31	-0.29	0.35	-0.25	0.23	0.05
Extraordinary Items	0.16	0.16	0.31	-0.31	0.15	0.38	-0.02	0.25	-0.59	0.49	0.21	0.1	0.18	0.12	0.12		-0.39	0.48	0.56	-0.62	0.35	-0.26	0.52	-0.07
Selling General Administrative	-0.16	0.03	-0.54	0.1	-0.29	-0.45	0.19	-0.15	0.55	-0.2	-0.09	0.18	0.51	-0.02	-0.26	-0.39		-0.44	-0.53	0.46	-0.72	0.51	-0.56	0.42
Net Income From Continuing Ops	0.72	0.57	0.45	-0.38	0.04	0.6	0.31	0.8	-0.72	0.89	0.59	0.36	0.05	0.71	0.32	0.48	-0.44		0.83	-0.8	0.52	-0.81	0.94	-0.74
Non Operating Income Net Other	0.57	0.38	0.34	-0.39	0.01	0.54	0.21	0.66	-0.83	0.66	0.49	0.23	-0.03	0.52	0.31	0.56	-0.53	0.83		-0.85	0.57	-0.73	0.82	-0.58
Tax Provision	-0.48	-0.45	-0.27	0.44	0.02	-0.41	-0.22	-0.61	0.95	-0.64	-0.55	-0.37	-0.12	-0.39	-0.29	-0.62	0.46	-0.8	-0.85		-0.51	0.57	-0.74	0.51
Interest Income	0.24	0.25	0.35	-0.26	0.16	0.29	0.03	0.29	-0.51	0.35	0.29	0.18	-0.15	0.16	0.35	0.35	-0.72	0.52	0.57	-0.51		-0.49	0.59	-0.41
Net Interest Income	-0.78	-0.3	-0.35	0.16	-0.03	-0.71	-0.21	-0.75	0.56	-0.58	-0.45	-0.1	0.34	-0.77	-0.25	-0.26	0.51	-0.81	-0.73	0.57	-0.49		-0.91	0.84
Reconciled Depreciation	0.76	0.5	0.44	-0.32	0.05	0.68	0.26	0.78	-0.69	0.78	0.6	0.31	-0.12	0.72	0.23	0.52	-0.56	0.94	0.82	-0.74	0.59	-0.91		-0.84
Discontinued Operations	-0.68	-0.44	-0.34	0.08	-0.08	-0.63	-0.18	-0.66	0.46	-0.54	-0.59	-0.33	0.27	-0.66	0.05	-0.07	0.42	-0.74	-0.58	0.51	-0.41	0.84	-0.84

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CMS Energy Account Relationship Matchups

CMS Energy income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	505M	500M	519M	643M	708M	743.4M
Total Revenue	6.7B	7.3B	8.6B	7.5B	7.5B	6.3B
Gross Profit	2.8B	2.6B	2.8B	2.9B	3.2B	2.3B
Operating Income	398M	209M	295M	1.2B	1.5B	980.1M
Ebit	1.3B	1.3B	1.4B	1.6B	1.8B	1.1B
Ebitda	2.4B	2.4B	2.5B	2.8B	3.1B	3.2B
Total Other Income Expense Net	(421M)	(323M)	(322M)	(281M)	(364M)	(382.2M)
Net Income	755M	728M	837M	887M	1.0B	1.1B
Income Tax Expense	147M	133M	95M	93M	176M	103.1M
Depreciation And Amortization	1.0B	1.1B	1.1B	1.2B	1.2B	766.3M
Other Operating Expenses	5.3B	6.2B	7.4B	6.2B	6.0B	6.3B
Cost Of Revenue	3.9B	4.7B	5.8B	4.6B	4.3B	4.0B
Total Operating Expenses	5.3B	6.2B	7.4B	1.6B	1.7B	1.6B
Income Before Tax	885M	823M	902M	954M	1.1B	1.2B
Net Income Applicable To Common Shares	680M	755M	1.3B	827M	951.1M	550.6M
Minority Interest	581M	23M	24M	29M	56M	42.9M
Extraordinary Items	31M	35M	602M	4M	4.6M	4.4M
Net Income From Continuing Ops	752M	728M	809M	807M	947M	720.2M
Tax Provision	133M	95M	93M	102M	176M	148.8M
Interest Income	502M	561M	500M	519M	596.9M	341.1M
Net Interest Income	(561M)	(500M)	(519M)	(643M)	(708M)	(743.4M)
Reconciled Depreciation	1.0B	1.1B	1.1B	1.2B	1.2B	1.2B

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CMS Historical Income Statement

About CMS Income Statement Analysis

CMS Energy Income Statement Chart

Total Revenue

Gross Profit

Operating Income

CMS Energy income statement Correlations

CMS Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CMS Energy income statement Accounts

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Net Income	+ 0.97	Interest Expense
Income Before Tax	+ 0.95	Interest Expense
Tax Provision	+ 0.95	Income Tax Expense
Other Operating Expenses	+ 0.94	Total Revenue
Income Before Tax	+ 0.94	Net Income
Reconciled Depreciation	+ 0.94	Net Income From Continuing Ops

Reconciled Depreciation	- 0.91	Net Interest Income
Total Other Income Expense Net	- 0.91	Ebit
Tax Provision	- 0.85	Non Operating Income Net Other
Discontinued Operations	- 0.84	Reconciled Depreciation
Total Other Income Expense Net	- 0.84	Operating Income
Non Operating Income Net Other	- 0.83	Income Tax Expense