Cms Energy CMS
NYSE CMS
$67.69 -0.48 (-0.70%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Cms Energy's (CMS) quarterly Free Cash Flow came in at -$679.0 million in Q2 2026, down 44.47% on a YoY basis from -$1.2 billion in Q2 2025, and down 103.29% quarter-over-quarter from -$334.0 million in Q1 2026.

Analysis

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

Cms Energy (CMS) has reported Free Cash Flow for 18 consecutive years, with -$679.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 44.47% year-over-year to -$679.0 million; the trailing twelve-month figure through Jun 2026 stood at $918.0 million (down 18.47% YoY), and the FY2025 full-year result was $1.6 billion, down 15.11% from the prior year.
  • Free Cash Flow slipped to -$679.0 million in Q2 2026 per CMS's latest filing, from -$334.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $2.6 billion in Q4 2025 and bottomed at -$679.0 million in Q2 2026.
  • Historically, Free Cash Flow has averaged $283.9 million across 5 years, with a median of $187.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Free Cash Flow soared 663.44% in 2022, then plunged 1907.69% in 2025.
  • Over 5 years, Free Cash Flow stood at $187.0 million in 2022, then jumped by 118.18% to $408.0 million in 2023, then surged by 386.76% to $2.0 billion in 2024, then increased by 29.2% to $2.6 billion in 2025, then sank by 126.46% to -$679.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$679.0 million, -$334.0 million, and $2.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enel Chile 307.79 Bn 307.79 Bn 890.00 Mn -
2 Dominion Energy 57.22 Bn 56.43 Bn 3.50 Bn 1.49 Bn
3 Xcel Energy 47.14 Bn 45.13 Bn 3.12 Bn -1.85 Bn
4 Wec Energy 34.41 Bn 34.36 Bn 1.45 Bn -269.70 Mn
5 Ameren 29.10 Bn 29.09 Bn - -309.00 Mn
6 Firstenergy 26.75 Bn 26.56 Bn 2.51 Bn -356.00 Mn
7 Hydro One 22.65 Bn 22.19 Bn - 495.93 Mn
8 Edison International 21.81 Bn 21.57 Bn 3.29 Bn -
9 Cms Energy 21.02 Bn 20.78 Bn 3.65 Bn -679.00 Mn
10 Connecticut Light & Power 19.56 Bn 19.60 Bn 4.00 Bn 315.02 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -679.00 Mn
Mar 31, 2026 -334.00 Mn
Dec 31, 2025 2.57 Bn
Sep 30, 2025 -635.00 Mn
Jun 30, 2025 -470.00 Mn
Mar 31, 2025 112.00 Mn
Dec 31, 2024 1.99 Bn
Sep 30, 2024 -502.00 Mn
Jun 30, 2024 26.00 Mn
Mar 31, 2024 343.00 Mn
Dec 31, 2023 408.00 Mn
Sep 30, 2023 199.00 Mn
Jun 30, 2023 581.00 Mn
Mar 31, 2023 883.00 Mn
Dec 31, 2022 187.00 Mn
Sep 30, 2022 -457.00 Mn
Jun 30, 2022 710.00 Mn
Mar 31, 2022 187.00 Mn
Dec 31, 2021 1.58 Bn
Sep 30, 2021 -448.00 Mn