Free Cash Flow for CMS Energy (CMS)
Free Cash Flow for CMS Energy (CMS): headline value -$996.00M · YoY +145.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
CMS
Currently viewingFree Cash FlowSwitch metric
Latest period
-$996.00M
YoY change
+145.2%
5Y CAGR
N/A
Peak year (2011)
$287.00M
Latest annual
-$1.59B
Free Cash Flow history chart for CMS Energy (CMS) from 1994 to 2025
Free Cash Flow history table for CMS Energy (CMS) from 1994 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | -$1.59B | +145.2% | ||
| 2024 | -$648.00M | -28.8% | ||
| 2023 | -$910.00M | -40.1% | ||
| 2022 | -$1.52B | +491.1% | ||
| 2021 | -$257.00M | -75.2% | ||
| 2020 | -$1.03B | +229.6% | ||
| 2019 | -$314.00M | -15.4% | ||
| 2018 | -$371.00M | -1027.5% | ||
| 2017 | $40.00M | -193.0% | ||
| 2016 | -$43.00M | -156.6% | ||
| 2015 | $76.00M | -158.5% | ||
| 2014 | -$130.00M | -235.4% | ||
| 2013 | $96.00M | +585.7% | ||
| 2012 | $14.00M | -95.1% | ||
| 2011 | $287.00M | +108.0% | ||
| 2010 | $138.00M | +360.0% | ||
| 2009 | $30.00M | -112.9% | ||
| 2008 | -$233.00M | -82.7% | ||
| 2007 | -$1.35B | -7594.4% | ||
| 2006 | $18.00M | +200.0% | ||
| 2005 | $6.00M | -104.7% | ||
| 2004 | -$127.00M | -83.8% | ||
| 2003 | -$786.00M | +491.0% | ||
| 2002 | -$133.00M | -84.3% | ||
| 2001 | -$845.00M | +45.9% | ||
| 2000 | -$579.00M | +179.7% | ||
| 1999 | -$207.00M | -73.4% | ||
| 1998 | -$779.00M | +1342.6% | ||
| 1997 | -$54.00M | -2800.0% | ||
| 1996 | $2.00M | -98.6% | ||
| 1995 | $147.00M | +297.3% | ||
| 1994 | $37.00M | — |
Free Cash Flow values are taken from CMS Energy's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, CMS Energy (CMS) reported free cash flow of -$1.59B – surged 145.2% year-over-year.
Between 2011 and 2025, CMS Energy free cash flow plunged 653.7%, falling from $287.00M to -$1.59B.
$287.00M stands as the all-time-high annual free cash flow, posted in 2011, against a low of -$1.59B during 2025.
CMS Energy (CMS) sits 5th of 8 Utilities peers we track on this metric, against a peer median of -$192.00M.
CMS Energy Free Cash Flow by Year
CMS Energy Free Cash Flow 2025: -$1.59B
CMS Energy free cash flow in 2025 was -$1.59B, surged 145.2% from 2024. This figure represents the lowest annual value in the available history.
CMS Energy Free Cash Flow 2024: -$648.00M
CMS Energy free cash flow in 2024 was -$648.00M, declined 28.8% below 2023.
CMS Energy Free Cash Flow 2023: -$910.00M
CMS Energy free cash flow in 2023 was -$910.00M, plunged 40.1% below 2022.
CMS Energy Free Cash Flow 2022: -$1.52B
CMS Energy free cash flow in 2022 was -$1.52B, surged 491.1% from 2021.
CMS Energy Free Cash Flow 2021: -$257.00M
CMS Energy free cash flow in 2021 was -$257.00M.
See more financial history for CMS Energy (CMS).
Sector peers — Free Cash Flow
Companies in the same sector as CMS Energy, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| American Electric Power Company, Inc. (AEP) | $6.81B | Utilities |
| GE Vernova Inc. (GEV) | $3.71B | Utilities |
| NextEra Energy, Inc. (NEE) | $3.21B | Utilities |
| Constellation Energy Corporation (CEG) | $1.29B | Utilities |
| Duke Energy Corporation (DUK) | -$1.67B | Utilities |
| The Southern Company (SO) | -$3.59B | Utilities |
| Sempra (SRE) | -$6.05B | Utilities |
| Dominion Energy, Inc. (D) | -$7.28B | Utilities |
Frequently asked questions
What is CMS Energy's free cash flow?
Latest reported free cash flow for CMS Energy (CMS) is -$996.00M (period ending March 31, 2026).
How has CMS Energy free cash flow changed year-over-year?
CMS Energy (CMS) free cash flow changed +145.2% year-over-year on the latest annual filing.
When did CMS Energy free cash flow hit its highest annual value?
CMS Energy free cash flow reached its highest annual value of $287.00M in 2011.
What was CMS Energy free cash flow in 2024?
CMS Energy (CMS) free cash flow in 2024 was -$648.00M.
What was CMS Energy free cash flow in 2025?
CMS Energy (CMS) free cash flow in 2025 was -$1.59B.
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