Cms Energy (CMS) Operating Income (2009 - 2026)

Cms Energy (CMS) reported Operating Income of $490.0 million for Q1 2026, down 0.81% on a YoY basis from $494.0 million in Q1 2025, and up 12.64% quarter-over-quarter from $435.0 million in Q4 2025.

Cms Energy (CMS) Operating Income (2009 - 2026) Analysis & Trends

Cms Energy has reported Operating Income for 18 years, with the latest figure at $490.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 0.81% year-over-year to $490.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 9.82% YoY), and the FY2025 full-year result was $1.7 billion, up 16.14% from the prior year.
  • Operating Income for Q1 2026 stood at $490.0 million, up from $435.0 million in the prior quarter.
  • The five-year high for Operating Income was $494.0 million in Q1 2025, with the low at $239.0 million in Q2 2022.
  • Historically, Operating Income has averaged $362.5 million across 5 years, with a median of $367.0 million in 2024.
  • The largest YoY upside for Operating Income was 49.82% in 2023 against a maximum downside of 31.14% in 2023.
  • Cms Energy's Operating Income stood at $271.0 million in 2022, then soared by 49.82% to $406.0 million in 2023, then rose by 4.68% to $425.0 million in 2024, then grew by 2.35% to $435.0 million in 2025, then gained by 12.64% to $490.0 million in 2026.
  • The last three Operating Income figures came in at $490.0 million (Q1 2026), $435.0 million (Q4 2025), and $481.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 696.39 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 1.39 Bn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 754.00 Mn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 980.00 Mn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 532.00 Mn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 1.37 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 2.75 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 828.00 Mn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 490.00 Mn
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn 197.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 490.00 Mn
Dec 31, 2025 435.00 Mn
Sep 30, 2025 481.00 Mn
Jun 30, 2025 317.00 Mn
Mar 31, 2025 494.00 Mn
Dec 31, 2024 425.00 Mn
Sep 30, 2024 367.00 Mn
Jun 30, 2024 283.00 Mn
Mar 31, 2024 412.00 Mn
Dec 31, 2023 406.00 Mn
Sep 30, 2023 271.00 Mn
Jun 30, 2023 244.00 Mn
Mar 31, 2023 314.00 Mn
Dec 31, 2022 271.00 Mn
Sep 30, 2022 258.00 Mn
Jun 30, 2022 239.00 Mn
Mar 31, 2022 456.00 Mn
Dec 31, 2021 204.00 Mn
Sep 30, 2021 260.00 Mn
Jun 30, 2021 252.00 Mn