Cms Energy (CMS) EBITDA (2009 - 2026)
Cms Energy (CMS) reported EBITDA of $572 million for Q2 2026, down 5.5% from $605 million a year earlier and down 36.6% from the prior quarter.
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Analysis
Cms Energy (CMS) EBITDA (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cms Energy's EBITDA came in at $3.02 billion, up 4.9% year-over-year; for FY2025, it came in at $3.03 billion, up 11.2% from FY2024.
- EBITDA has increased for four consecutive years, with a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- By year, EBITDA came in at $2.73 billion in FY2024 (+12.9%), $2.42 billion in FY2023 (+2.8%), $2.35 billion in FY2022 (+4.0%) and $2.26 billion in FY2021 (-0.6%).
- The Q2 2026 figure ranks as the lowest quarterly EBITDA since Q2 2024.
- Year over year, EBITDA gained in seven of the last eight quarters, with growth averaging 8.4%.
- The high point for year-over-year EBITDA in five years was Q4 2023 (growth of 26.3%); the low point was Q4 2021 (a decline of 17.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $902 million (Q1 2026), $777 million (Q4 2025) and $769 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 487.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 1.02 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 1.36 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 817.70 Mn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 883.00 Mn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 973.06 Mn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 521.94 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 782.00 Mn |
| 10 | Cms Energy | 19.78 Bn | 19.12 Bn | 1.27 Bn | 572.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 572.00 Mn |
| Mar 31, 2026 | 902.00 Mn |
| Dec 31, 2025 | 777.00 Mn |
| Sep 30, 2025 | 769.00 Mn |
| Jun 30, 2025 | 605.00 Mn |
| Mar 31, 2025 | 882.00 Mn |
| Dec 31, 2024 | 751.00 Mn |
| Sep 30, 2024 | 640.00 Mn |
| Jun 30, 2024 | 556.00 Mn |
| Mar 31, 2024 | 780.00 Mn |
| Dec 31, 2023 | 716.00 Mn |
| Sep 30, 2023 | 533.00 Mn |
| Jun 30, 2023 | 499.00 Mn |
| Mar 31, 2023 | 667.00 Mn |
| Dec 31, 2022 | 567.00 Mn |
| Sep 30, 2022 | 501.00 Mn |
| Jun 30, 2022 | 481.00 Mn |
| Mar 31, 2022 | 801.00 Mn |
| Dec 31, 2021 | 486.00 Mn |
| Sep 30, 2021 | 510.00 Mn |
API Access
Cms Energy EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "CMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();