Company
CMS Energy Corporation
Headquarters: Jackson, MI, United States
Founded: 1886
Employees: 8,504
CEO: Mr. Garrick J. Rochow
Market Cap
$19.68 Billion
USD as of Jan. 1, 2025
CMS Energy Corporation Categories
United States Utilities Utilities—Regulated ElectricUnited States Utilities United States Utilities—Regulated Electric
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $142.36 B |
| The Southern Company | $90.13 B |
| Duke Energy Corporation | $84.46 B |
| American Electric Power Company, Inc. | $51.91 B |
| Xcel Energy Inc. | $37.93 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $142.36 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $90.13 B |
| Iberdrola, SA | $89.93 B |
| Duke Energy Corporation | $84.46 B |
Detailed Description
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.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $7.48 B |
| EBITDA | $3.07 B |
| Gross Profit TTM | $3.16 B |
| Profit Margin | 14.01% |
| Operating Margin | 23.47% |
| Quarterly Revenue Growth | 4.20% |
Stocks & Indices
CMS Energy Corporation has the following listings and related stock indices.
Stock: NYSE: CMS wb_incandescent
Stock: BMV: CMS1 wb_incandescent
Stock: Bovespa: C1MS34 wb_incandescent
Stock: FSX: CSG wb_incandescent
Stock: NYSE: CMS.PR.C wb_incandescent
Stock: NYSE: CMSD wb_incandescent
Product & Services
ElectricityNatural gas
Key People
Garrick Rochow (President), (CEO) Rejji Hayes (Chief Financial Officer)