Growth Metrics

Cms Energy (CMS-PC) Free Cash Flow (2009 - 2026)

Cms Energy posted quarterly Free Cash Flow of -$334.0 million for Q1 2026, down 398.21% year-on-year from $112.0 million in Q1 2025, and down 183.08% on a QoQ basis from $402.0 million in Q4 2025.

Cms Energy (CMS-PC) has 18 years of Free Cash Flow data on file, last reported at -$334.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 398.21% year-over-year to -$334.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 3.26% YoY), and the FY2025 full-year result was $1.6 billion, down 15.11% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$334.0 million, down from $402.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $2.0 billion in Q4 2024 and bottomed at -$1.5 billion in Q3 2024.
  • The 5-year median for Free Cash Flow is $402.0 million (2025), against an average of $340.6 million.
  • The widest annual swing landed in 2022, when Free Cash Flow surged 663.44%; it then plunged 872.36% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $187.0 million in 2022, then soared by 118.18% to $408.0 million in 2023, then jumped by 386.76% to $2.0 billion in 2024, then plunged by 79.76% to $402.0 million in 2025, then slumped by 183.08% to -$334.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$334.0 million (Q1 2026), $402.0 million (Q4 2025), and $294.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Fortis 655.52 Bn 655.26 Bn 1.70 Bn 1.10 Bn
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 58.83 Bn 63.03 Bn 4.03 Bn 875.00 Mn
4 Xcel Energy 49.61 Bn 47.71 Bn 3.35 Bn 382.00 Mn
5 Wec Energy 36.16 Bn 36.52 Bn 2.83 Bn 1.22 Bn
6 Ameren 29.85 Bn 29.97 Bn 1.69 Bn -1.15 Bn
7 Korea Electric Power 29.21 Bn 14.45 Bn - -
8 Energy Co Of Parana 27.11 Bn 26.46 Bn - -
9 Edison International 26.93 Bn 26.77 Bn 3.85 Bn -319.00 Mn
10 Cms Energy - - 2.28 Bn -334.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -334.00 Mn
Mar 31, 2026 -334.00 Mn
Dec 31, 2025 402.00 Mn
Dec 31, 2025 402.00 Mn
Sep 30, 2025 294.00 Mn
Sep 30, 2025 294.00 Mn
Jun 30, 2025 765.00 Mn
Jun 30, 2025 765.00 Mn
Mar 31, 2025 112.00 Mn
Mar 31, 2025 112.00 Mn
Dec 31, 2024 1.99 Bn
Dec 31, 2024 1.99 Bn
Sep 30, 2024 -1.54 Bn
Sep 30, 2024 -1.54 Bn
Jun 30, 2024 604.00 Mn
Jun 30, 2024 604.00 Mn
Mar 31, 2024 800.00 Mn
Mar 31, 2024 800.00 Mn
Dec 31, 2023 408.00 Mn
Dec 31, 2023 408.00 Mn
Sep 30, 2023 199.00 Mn
Sep 30, 2023 199.00 Mn
Jun 30, 2023 581.00 Mn
Jun 30, 2023 581.00 Mn
Mar 31, 2023 883.00 Mn
Mar 31, 2023 883.00 Mn
Dec 31, 2022 187.00 Mn
Dec 31, 2022 187.00 Mn
Sep 30, 2022 -457.00 Mn
Sep 30, 2022 -457.00 Mn
Jun 30, 2022 710.00 Mn
Jun 30, 2022 710.00 Mn
Mar 31, 2022 187.00 Mn
Mar 31, 2022 187.00 Mn
Dec 31, 2021 312.00 Mn
Dec 31, 2021 312.00 Mn
Sep 30, 2021 822.00 Mn
Sep 30, 2021 822.00 Mn
Jun 30, 2021 93.00 Mn
Jun 30, 2021 93.00 Mn
Mar 31, 2021 396.00 Mn
Mar 31, 2021 396.00 Mn
Dec 31, 2020 -2.04 Bn
Dec 31, 2020 -2.04 Bn
Sep 30, 2020 1.15 Bn
Sep 30, 2020 1.15 Bn
Jun 30, 2020 174.00 Mn
Jun 30, 2020 174.00 Mn
Mar 31, 2020 -322.00 Mn
Mar 31, 2020 -322.00 Mn
Dec 31, 2019 -132.00 Mn
Dec 31, 2019 -132.00 Mn
Sep 30, 2019 -387.00 Mn
Sep 30, 2019 -387.00 Mn
Jun 30, 2019 76.00 Mn
Jun 30, 2019 76.00 Mn
Mar 31, 2019 136.00 Mn
Mar 31, 2019 136.00 Mn
Dec 31, 2018 -1.78 Bn
Dec 31, 2018 -1.78 Bn
Sep 30, 2018 130.00 Mn
Sep 30, 2018 130.00 Mn
Jun 30, 2018 990.00 Mn
Jun 30, 2018 990.00 Mn
Mar 31, 2018 286.00 Mn
Mar 31, 2018 286.00 Mn
Dec 31, 2017 487.00 Mn
Dec 31, 2017 487.00 Mn
Sep 30, 2017 673.00 Mn
Sep 30, 2017 673.00 Mn
Jun 30, 2017 -161.00 Mn
Jun 30, 2017 -161.00 Mn
Mar 31, 2017 534.00 Mn
Mar 31, 2017 534.00 Mn
Dec 31, 2016 1.47 Bn
Dec 31, 2016 1.47 Bn
Sep 30, 2016 -267.00 Mn
Sep 30, 2016 -267.00 Mn
Jun 30, 2016 -175.00 Mn
Jun 30, 2016 -175.00 Mn
Mar 31, 2016 459.00 Mn
Mar 31, 2016 459.00 Mn
Dec 31, 2015 -1.20 Bn
Dec 31, 2015 -1.20 Bn
Sep 30, 2015 159.00 Mn
Sep 30, 2015 159.00 Mn
Jun 30, 2015 471.00 Mn
Jun 30, 2015 471.00 Mn
Mar 31, 2015 643.00 Mn
Mar 31, 2015 643.00 Mn
Dec 31, 2014 486.00 Mn
Dec 31, 2014 486.00 Mn
Sep 30, 2014 27.00 Mn
Sep 30, 2014 27.00 Mn
Jun 30, 2014 460.00 Mn
Jun 30, 2014 460.00 Mn
Mar 31, 2014 307.00 Mn
Mar 31, 2014 307.00 Mn
Dec 31, 2013 -122.00 Mn
Dec 31, 2013 -122.00 Mn
Sep 30, 2013 -297.00 Mn
Sep 30, 2013 -297.00 Mn
Jun 30, 2013 64.00 Mn
Jun 30, 2013 64.00 Mn
Mar 31, 2013 451.00 Mn
Mar 31, 2013 451.00 Mn
Dec 31, 2012 -59.00 Mn
Dec 31, 2012 -59.00 Mn
Sep 30, 2012 -295.00 Mn
Sep 30, 2012 -295.00 Mn
Jun 30, 2012 27.00 Mn
Jun 30, 2012 27.00 Mn
Mar 31, 2012 341.00 Mn
Mar 31, 2012 341.00 Mn
Dec 31, 2011 -284.00 Mn
Dec 31, 2011 -284.00 Mn
Sep 30, 2011 -246.00 Mn
Sep 30, 2011 -246.00 Mn
Jun 30, 2011 167.00 Mn
Jun 30, 2011 167.00 Mn
Mar 31, 2011 650.00 Mn
Mar 31, 2011 650.00 Mn
Dec 31, 2010 -249.00 Mn
Dec 31, 2010 -249.00 Mn
Sep 30, 2010 -237.00 Mn
Sep 30, 2010 -237.00 Mn
Jun 30, 2010 157.00 Mn
Jun 30, 2010 157.00 Mn
Mar 31, 2010 467.00 Mn
Mar 31, 2010 467.00 Mn
Dec 31, 2009 816.00 Mn
Dec 31, 2009 816.00 Mn
Sep 30, 2009 -374.00 Mn
Sep 30, 2009 -374.00 Mn