Net Assets for CMS Energy (CMS)
According to CMS Energy's latest reported financial statements, the company's latest reported net assets is $12.98B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
CMS
Currently viewingNet AssetsSwitch metric
Latest period
$12.98B
YoY change
+11.1%
5Y CAGR
+10.7%
Peak year (2025)
$9.14B
Latest annual
$9.14B
Net Assets history chart for CMS Energy (CMS) from 1994 to 2025
Net Assets history table for CMS Energy (CMS) from 1994 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $9.14B | +11.1% | ||
| 2024 | $8.23B | +9.1% | ||
| 2023 | $7.54B | +7.5% | ||
| 2022 | $7.01B | +5.8% | ||
| 2021 | $6.63B | +20.7% | ||
| 2020 | $5.50B | +9.5% | ||
| 2019 | $5.02B | +5.5% | ||
| 2018 | $4.75B | +7.1% | ||
| 2017 | $4.44B | +4.4% | ||
| 2016 | $4.25B | +8.0% | ||
| 2015 | $3.94B | +7.3% | ||
| 2014 | $3.67B | +6.3% | ||
| 2013 | $3.45B | +8.1% | ||
| 2012 | $3.19B | +5.5% | ||
| 2011 | $3.03B | +8.4% | ||
| 2010 | $2.79B | -1.7% | ||
| 2009 | $2.84B | +5.0% | ||
| 2008 | $2.71B | +13.7% | ||
| 2007 | $2.38B | -4.6% | ||
| 2006 | $2.50B | -3.4% | ||
| 2005 | $2.58B | +10.7% | ||
| 2004 | $2.33B | +47.2% | ||
| 2003 | $1.58B | +39.9% | ||
| 2002 | $1.13B | -40.1% | ||
| 2001 | $1.89B | -19.9% | ||
| 2000 | $2.36B | -3.9% | ||
| 1999 | $2.46B | +10.8% | ||
| 1998 | $2.22B | +12.1% | ||
| 1997 | $1.98B | +16.2% | ||
| 1996 | $1.70B | +15.9% | ||
| 1995 | $1.47B | +32.7% | ||
| 1994 | $1.11B | — |
Net Assets values are taken from CMS Energy's reported balance sheets (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
2025's annual net assets for CMS Energy (CMS) came in at $9.14B – grew 11.1% year-over-year.
Over 2020–2025 (5 years), CMS Energy net assets expanded at a +10.7% compound annual rate, sustaining 15 straight years of year-over-year growth.
Across the available history, net assets reached its high of $9.14B in 2025 and its low of $1.11B in 1994.
Among 8 Utilities peers, CMS Energy (CMS) ranks 9th; the peer median for net assets is $31.38B.
CMS Energy Net Assets by Year
CMS Energy Net Assets 2025: $9.14B
CMS Energy net assets in 2025 was $9.14B, grew 11.1% from 2024. This figure represents the highest annual value in the available history.
CMS Energy Net Assets 2024: $8.23B
CMS Energy net assets in 2024 was $8.23B, grew 9.1% from 2023.
CMS Energy Net Assets 2023: $7.54B
CMS Energy net assets in 2023 was $7.54B, grew 7.5% from 2022.
CMS Energy Net Assets 2022: $7.01B
CMS Energy net assets in 2022 was $7.01B, grew 5.8% from 2021.
CMS Energy Net Assets 2021: $6.63B
CMS Energy net assets in 2021 was $6.63B.
See more financial history for CMS Energy (CMS).
Sector peers — Net Assets
Companies in the same sector as CMS Energy, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $54.61B | Utilities |
| Duke Energy Corporation (DUK) | $51.84B | Utilities |
| The Southern Company (SO) | $36.02B | Utilities |
| Sempra (SRE) | $31.61B | Utilities |
| American Electric Power Company, Inc. (AEP) | $31.14B | Utilities |
| Dominion Energy, Inc. (D) | $29.08B | Utilities |
| Constellation Energy Corporation (CEG) | $14.52B | Utilities |
| GE Vernova Inc. (GEV) | $11.18B | Utilities |
Frequently asked questions
What is CMS Energy's net assets?
- Latest reported net assets for CMS Energy (CMS) is $12.98B (period ending March 31, 2026).
How has CMS Energy net assets changed year-over-year?
- CMS Energy (CMS) net assets changed +11.1% year-over-year on the latest annual filing.
What is the long-term growth rate of CMS Energy net assets?
- CMS Energy (CMS) net assets compound annual growth rate is +10.7% over the most recent 5 years available.
When did CMS Energy net assets hit its highest annual value?
- CMS Energy net assets reached its highest annual value of $9.14B in 2025.
What was CMS Energy net assets in 2024?
- CMS Energy (CMS) net assets in 2024 was $8.23B.
What was CMS Energy net assets in 2025?
- CMS Energy (CMS) net assets in 2025 was $9.14B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
CMS Overview
Company profile, financial tools, and key metrics
CMS Revenue Counter
Earns $270.77 every second. See per minute, hour, and day.
CMS Earnings Counter
Earns $33.96 per second net profit. See per minute, hour, and day.
CMS Economic Scale
Exceeds Montenegro's GDP. Compare with world economies.
CMS What If Invested
What if you had invested $1,000? See historical returns from any date.
CMS How It Makes Money
Discover visual breakdown of $8.54B in revenue — where it comes from and where it goes.
CMS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
CMS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
CMS Daily Price Character
Steady · 48.9% historical win rate (green days). Streaks & record days.
CMS Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
CMS Dividend Profile
Yield: 2.94%. Safety: 4/8. See full history.
CMS Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
CMS Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.