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

Cms Energy's (CMS) quarterly Free Cash Flow came in at $104.0 million in Q1 2026, down 7.14% year-on-year from $112.0 million in Q1 2025, and down 74.13% quarter-over-quarter from $402.0 million in Q4 2025.

Cms Energy (CMS) Free Cash Flow (2009 - 2026) Analysis & Trends

Cms Energy's Free Cash Flow history runs 18 years deep, the most recent figure standing at $104.0 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 7.14% year-over-year to $104.0 million in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 3.51% decrease from a year earlier, with the FY2025 full-year figure at $1.6 billion, down 15.11% from the prior year.
  • Free Cash Flow fell to $104.0 million in Q1 2026 per CMS's latest filing, 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 $343.0 million (2024), against an average of $366.4 million.
  • Biggest YoY gain for Free Cash Flow was 386.76% in 2024; the steepest drop was 872.36% in 2024.
  • Year by year, Free Cash Flow 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 plunged by 74.13% to $104.0 million in 2026.
  • Per Business Quant, the three latest CMS Free Cash Flow figures stand at $104.0 million (Q1 2026), $402.0 million (Q4 2025), and $294.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 1.90 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn - -2.14 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 382.00 Mn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 1.22 Bn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - -1.15 Bn
7 Edison International 30.65 Bn 30.49 Bn - -319.00 Mn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn -264.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - 287.31 Mn
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 104.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 104.00 Mn
Mar 31, 2026 104.00 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 1.06 Bn
Jun 30, 2024 1.06 Bn
Mar 31, 2024 343.00 Mn
Mar 31, 2024 343.00 Mn
Dec 31, 2023 408.00 Mn
Dec 31, 2023 408.00 Mn