Shares Outstanding for CMS Energy (CMS)
According to CMS Energy's latest reported financial statements, the company's latest reported diluted shares outstanding is 300.57M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CMS
Currently viewingShares OutstandingSwitch metric
Latest period
300.57M
YoY change
+0.8%
5Y CAGR
+1.0%
Peak year (2025)
300.57M
Latest annual
300.57M
Shares Outstanding history chart for CMS Energy (CMS) from 1985 to 2025
Shares Outstanding history table for CMS Energy (CMS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 300.57M | +0.8% | ||
| 2024 | 298.30M | +2.3% | ||
| 2023 | 291.70M | +0.6% | ||
| 2022 | 290.00M | +0.2% | ||
| 2021 | 289.50M | +1.1% | ||
| 2020 | 286.30M | +0.7% | ||
| 2019 | 284.30M | +0.5% | ||
| 2018 | 282.90M | +0.7% | ||
| 2017 | 280.80M | +0.6% | ||
| 2016 | 279.00M | +1.1% | ||
| 2015 | 276.00M | +0.4% | ||
| 2014 | 275.00M | +1.1% | ||
| 2013 | 272.00M | +1.3% | ||
| 2012 | 268.60M | +2.0% | ||
| 2011 | 263.40M | +4.2% | ||
| 2010 | 252.90M | +6.3% | ||
| 2009 | 237.90M | +0.7% | ||
| 2008 | 236.20M | +6.1% | ||
| 2007 | 222.55M | +1.4% | ||
| 2006 | 219.51M | +2.8% | ||
| 2005 | 213.64M | +24.3% | ||
| 2004 | 171.88M | +12.1% | ||
| 2003 | 153.33M | +10.4% | ||
| 2002 | 138.89M | +6.2% | ||
| 2001 | 130.77M | +16.8% | ||
| 2000 | 111.92M | -2.4% | ||
| 1999 | 114.70M | +5.4% | ||
| 1998 | 108.78M | +16.4% | ||
| 1997 | 93.49M | +1.8% | ||
| 1996 | 91.80M | +1.7% | ||
| 1995 | 90.27M | +4.9% | ||
| 1994 | 86.06M | +5.5% | ||
| 1993 | 81.58M | +2.2% | ||
| 1992 | 79.84M | -0.7% | ||
| 1991 | 80.37M | -1.2% | ||
| 1990 | 81.38M | -0.9% | ||
| 1989 | 82.13M | +0.1% | ||
| 1988 | 82.05M | -3.9% | ||
| 1987 | 85.34M | -2.8% | ||
| 1986 | 87.84M | -0.3% | ||
| 1985 | 88.14M | — |
Shares Outstanding values are taken from CMS Energy's reported income 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
In 2025, CMS Energy (CMS) diluted shares outstanding totalled 300.57M – edged up 0.8% year-over-year.
Over 2020–2025 (5 years), CMS Energy diluted shares outstanding expanded at a +1.0% compound annual rate, sustaining 25 straight years of year-over-year growth.
The dataset's maximum diluted shares outstanding sits at 300.57M (2025); the minimum reading of 79.84M dates to 1992.
Within Utilities, CMS Energy (CMS) ranks 8th among 8 peers we track. The peer median for diluted shares outstanding is 714.85M.
CMS Energy Shares Outstanding by Year
CMS Energy Shares Outstanding 2025: 300.57M
CMS Energy diluted shares outstanding in 2025 was 300.57M, edged up 0.8% from 2024. This figure represents the highest annual value in the available history.
CMS Energy Shares Outstanding 2024: 298.30M
CMS Energy diluted shares outstanding in 2024 was 298.30M, edged up 2.3% from 2023.
CMS Energy Shares Outstanding 2023: 291.70M
CMS Energy diluted shares outstanding in 2023 was 291.70M, edged up 0.6% from 2022.
CMS Energy Shares Outstanding 2022: 290.00M
CMS Energy diluted shares outstanding in 2022 was 290.00M, edged up 0.2% from 2021.
CMS Energy Shares Outstanding 2021: 289.50M
CMS Energy diluted shares outstanding in 2021 was 289.50M.
See more financial history for CMS Energy (CMS).
Sector peers — Shares Outstanding
Companies in the same sector as CMS Energy, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is CMS Energy's diluted shares outstanding?
- Latest reported diluted shares outstanding for CMS Energy (CMS) is 300.57M (period ending March 31, 2026).
How has CMS Energy diluted shares outstanding changed year-over-year?
- CMS Energy (CMS) diluted shares outstanding changed +0.8% year-over-year on the latest annual filing.
What is the long-term growth rate of CMS Energy diluted shares outstanding?
- CMS Energy (CMS) diluted shares outstanding compound annual growth rate is +1.0% over the most recent 5 years available.
When did CMS Energy diluted shares outstanding hit its highest annual value?
- CMS Energy diluted shares outstanding reached its highest annual value of 300.57M in 2025.
What was CMS Energy diluted shares outstanding in 2024?
- CMS Energy (CMS) diluted shares outstanding in 2024 was 298.30M.
What was CMS Energy diluted shares outstanding in 2025?
- CMS Energy (CMS) diluted shares outstanding in 2025 was 300.57M.
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