TTM
$1.72B
YoY change
+16.1%
5Y CAGR
+7.0%
Peak year (1993)
$3.48B
Cumulative operating income
$53.95B
Operating Income history chart for CMS Energy (CMS) from 1985 to 2025
Latest: $1.73B
Operating Income growth chart for CMS Energy (CMS) from 1985 to 2025
Latest: +16.1%
Operating Income history table for CMS Energy (CMS) from 1985 to 2025
| 2025 | $1.73B | +16.1% | +$240.00M | ||
| 2024 | $1.49B | +20.4% | +$252.00M | ||
| 2023 | $1.24B | +0.9% | +$11.00M | ||
| 2022 | $1.22B | +6.8% | +$78.00M | ||
| 2021 | $1.15B | -6.8% | −$84.00M | ||
| 2020 | $1.23B | +10.3% | +$115.00M | ||
| 2019 | $1.11B | -4.0% | −$47.00M | ||
| 2018 | $1.16B | -13.2% | −$176.00M | ||
| 2017 | $1.34B | +6.5% | +$82.00M | ||
| 2016 | $1.26B | +6.6% | +$78.00M | ||
| 2015 | $1.18B | +2.3% | +$26.00M | ||
| 2014 | $1.15B | +0.9% | +$10.00M | ||
| 2013 | $1.14B | +13.9% | +$139.00M | ||
| 2012 | $1.00B | 0.0% | $0.00 | ||
| 2011 | $1.00B | +2.6% | +$25.00M | ||
| 2010 | $978.00M | +40.1% | +$280.00M | ||
| 2009 | $698.00M | -12.6% | −$101.00M | ||
| 2008 | $799.00M | -1008.0% | +$887.00M | ||
| 2007 | −$88.00M | -60.4% | +$134.00M | ||
| 2006 | −$222.00M | -55.7% | +$279.00M | ||
| 2005 | −$501.00M | -184.8% | −$1.09B | ||
| 2004 | $591.00M | +37.1% | +$160.00M | ||
| 2003 | $431.00M | -2635.3% | +$448.00M | ||
| 2002 | −$17.00M | -19.0% | +$4.00M | ||
| 2001 | −$21.00M | -103.0% | −$724.00M | ||
| 2000 | $703.00M | -21.1% | −$188.00M | ||
| 1999 | $891.00M | +23.1% | +$167.00M | ||
| 1998 | $724.00M | +1.1% | +$8.00M | ||
| 1997 | $716.00M | +5.9% | +$40.00M | ||
| 1996 | $676.00M | +9.2% | +$57.00M | ||
| 1995 | $619.00M | +23.1% | +$116.00M | ||
| 1994 | $503.00M | -85.6% | −$2.98B | ||
| 1993 | $3.48B | +13.3% | +$409.00M | ||
| 1992 | $3.07B | +4.5% | +$132.00M | ||
| 1991 | $2.94B | -1.2% | −$36.00M | ||
| 1990 | $2.98B | +0.5% | +$15.90M | ||
| 1989 | $2.96B | +0.6% | +$18.40M | ||
| 1988 | $2.94B | +5.1% | +$142.20M | ||
| 1987 | $2.80B | -9.9% | −$307.90M | ||
| 1986 | $3.11B | -5.8% | −$189.90M | ||
| 1985 | $3.30B | — | — |
- 2025$1.73B+16.1%
- 2024$1.49B+20.4%
- 2023$1.24B+0.9%
- 2022$1.22B+6.8%
- 2021$1.15B-6.8%
- 2020$1.23B+10.3%
- 2019$1.11B-4.0%
- 2018$1.16B-13.2%
- 2017$1.34B+6.5%
- 2016$1.26B+6.6%
- 2015$1.18B+2.3%
- 2014$1.15B+0.9%
- 2013$1.14B+13.9%
- 2012$1.00B0.0%
- 2011$1.00B+2.6%
- 2010$978.00M+40.1%
- 2009$698.00M-12.6%
- 2008$799.00M-1008.0%
- 2007−$88.00M-60.4%
- 2006−$222.00M-55.7%
- 2005−$501.00M-184.8%
- 2004$591.00M+37.1%
- 2003$431.00M-2635.3%
- 2002−$17.00M-19.0%
- 2001−$21.00M-103.0%
- 2000$703.00M-21.1%
- 1999$891.00M+23.1%
- 1998$724.00M+1.1%
- 1997$716.00M+5.9%
- 1996$676.00M+9.2%
- 1995$619.00M+23.1%
- 1994$503.00M-85.6%
- 1993$3.48B+13.3%
- 1992$3.07B+4.5%
- 1991$2.94B-1.2%
- 1990$2.98B+0.5%
- 1989$2.96B+0.6%
- 1988$2.94B+5.1%
- 1987$2.80B-9.9%
- 1986$3.11B-5.8%
- 1985$3.30B—
Operating Income values are taken from CMS Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at CMS Energy (CMS)
According to CMS Energy's latest reported financial statements, the company's current operating income (TTM) is $1.72B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of CMS Energy (CMS) operating income is $1.73B – grew 16.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, CMS Energy operating income compounded at +7.0% per year, sustaining 4 straight years of year-over-year growth.
CMS Energy operating income plunged from $3.48B in 1993 to $1.73B in 2025, a 50.4% drawdown.
The record annual operating income stands at $3.48B, reached in 1993; the historical low of −$501.00M was recorded in 2005.
CMS Energy Operating Income by Year
CMS Energy Operating Income 2025: $1.73B
In 2025, CMS Energy reported operating income of $1.73B, grew 16.1% from 2024.
CMS Energy Operating Income 2024: $1.49B
CMS Energy operating income in 2024 was $1.49B, grew 20.4% from 2023.
CMS Energy Operating Income 2023: $1.24B
2023's operating income for CMS Energy came in at $1.24B, edged up 0.9% from 2022.
CMS Energy Operating Income 2022: $1.22B
CMS Energy posted operating income of $1.22B in 2022, grew 6.8% from 2021.
CMS Energy Operating Income 2021: $1.15B
CMS Energy operating income in 2021 was $1.15B.
See more financial history for CMS Energy (CMS).
Sector peers by Operating Income
Utilities peers of CMS Energy (CMS), ranked by their latest operating income
| $8.58B | |
| $8.28B | |
| $7.27B | |
| $5.30B | |
| $4.41B | |
| $3.25B | |
| $3.09B | |
| $1.39B |
- $8.58B
- $8.28B
- $7.27B
- $4.41B
- $3.25B
- $1.39B
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