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| Date | Value |
|---|---|
| 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 |