Cms Energy (CMSC) Free Cash Flow (2009 - 2026)
Cms Energy posted quarterly Free Cash Flow of -$334.0 million for Q1 2026, down 398.21% year-on-year from $112.0 million in Q1 2025, and down 183.08% on a QoQ basis from $402.0 million in Q4 2025.
Cms Energy (CMSC) has 18 years of Free Cash Flow data on file, last reported at -$334.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 398.21% year-over-year to -$334.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 3.26% YoY), and the FY2025 full-year result was $1.6 billion, down 15.11% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$334.0 million, down 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 $402.0 million (2025), against an average of $340.6 million.
- The widest annual swing landed in 2022, when Free Cash Flow surged 663.44%; it then plunged 872.36% in 2024.
- A 5-year view of Free Cash Flow shows it 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 slumped by 183.08% to -$334.0 million in 2026.
- The last three Free Cash Flow figures came in at -$334.0 million (Q1 2026), $402.0 million (Q4 2025), and $294.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 1.10 Bn |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 875.00 Mn |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 382.00 Mn |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 1.22 Bn |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | -1.15 Bn |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | -319.00 Mn |
| 10 | Cms Energy | - | - | 2.28 Bn | -334.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -334.00 Mn |
| Mar 31, 2026 | -334.00 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 | 604.00 Mn |
| Jun 30, 2024 | 604.00 Mn |
| Mar 31, 2024 | 800.00 Mn |
| Mar 31, 2024 | 800.00 Mn |
| Dec 31, 2023 | 408.00 Mn |
| Dec 31, 2023 | 408.00 Mn |
| Sep 30, 2023 | 199.00 Mn |
| Sep 30, 2023 | 199.00 Mn |
| Jun 30, 2023 | 581.00 Mn |
| Jun 30, 2023 | 581.00 Mn |
| Mar 31, 2023 | 883.00 Mn |
| Mar 31, 2023 | 883.00 Mn |
| Dec 31, 2022 | 187.00 Mn |
| Dec 31, 2022 | 187.00 Mn |
| Sep 30, 2022 | -457.00 Mn |
| Sep 30, 2022 | -457.00 Mn |
| Jun 30, 2022 | 710.00 Mn |
| Jun 30, 2022 | 710.00 Mn |
| Mar 31, 2022 | 187.00 Mn |
| Mar 31, 2022 | 187.00 Mn |
| Dec 31, 2021 | 312.00 Mn |
| Dec 31, 2021 | 312.00 Mn |
| Sep 30, 2021 | 822.00 Mn |
| Sep 30, 2021 | 822.00 Mn |
| Jun 30, 2021 | 93.00 Mn |
| Jun 30, 2021 | 93.00 Mn |
| Mar 31, 2021 | 396.00 Mn |
| Mar 31, 2021 | 396.00 Mn |
| Dec 31, 2020 | -2.04 Bn |
| Dec 31, 2020 | -2.04 Bn |
| Sep 30, 2020 | 1.15 Bn |
| Sep 30, 2020 | 1.15 Bn |
| Jun 30, 2020 | 174.00 Mn |
| Jun 30, 2020 | 174.00 Mn |
| Mar 31, 2020 | -322.00 Mn |
| Mar 31, 2020 | -322.00 Mn |
| Dec 31, 2019 | -132.00 Mn |
| Dec 31, 2019 | -132.00 Mn |
| Sep 30, 2019 | -387.00 Mn |
| Sep 30, 2019 | -387.00 Mn |
| Jun 30, 2019 | 76.00 Mn |
| Jun 30, 2019 | 76.00 Mn |
| Mar 31, 2019 | 136.00 Mn |
| Mar 31, 2019 | 136.00 Mn |
| Dec 31, 2018 | -1.78 Bn |
| Dec 31, 2018 | -1.78 Bn |
| Sep 30, 2018 | 130.00 Mn |
| Sep 30, 2018 | 130.00 Mn |
| Jun 30, 2018 | 990.00 Mn |
| Jun 30, 2018 | 990.00 Mn |
| Mar 31, 2018 | 286.00 Mn |
| Mar 31, 2018 | 286.00 Mn |
| Dec 31, 2017 | 487.00 Mn |
| Dec 31, 2017 | 487.00 Mn |
| Sep 30, 2017 | 673.00 Mn |
| Sep 30, 2017 | 673.00 Mn |
| Jun 30, 2017 | -161.00 Mn |
| Jun 30, 2017 | -161.00 Mn |
| Mar 31, 2017 | 534.00 Mn |
| Mar 31, 2017 | 534.00 Mn |
| Dec 31, 2016 | 1.47 Bn |
| Dec 31, 2016 | 1.47 Bn |
| Sep 30, 2016 | -267.00 Mn |
| Sep 30, 2016 | -267.00 Mn |
| Jun 30, 2016 | -175.00 Mn |
| Jun 30, 2016 | -175.00 Mn |
| Mar 31, 2016 | 459.00 Mn |
| Mar 31, 2016 | 459.00 Mn |
| Dec 31, 2015 | -1.20 Bn |
| Dec 31, 2015 | -1.20 Bn |
| Sep 30, 2015 | 159.00 Mn |
| Sep 30, 2015 | 159.00 Mn |
| Jun 30, 2015 | 471.00 Mn |
| Jun 30, 2015 | 471.00 Mn |
| Mar 31, 2015 | 643.00 Mn |
| Mar 31, 2015 | 643.00 Mn |
| Dec 31, 2014 | 486.00 Mn |
| Dec 31, 2014 | 486.00 Mn |
| Sep 30, 2014 | 27.00 Mn |
| Sep 30, 2014 | 27.00 Mn |
| Jun 30, 2014 | 460.00 Mn |
| Jun 30, 2014 | 460.00 Mn |
| Mar 31, 2014 | 307.00 Mn |
| Mar 31, 2014 | 307.00 Mn |
| Dec 31, 2013 | -122.00 Mn |
| Dec 31, 2013 | -122.00 Mn |
| Sep 30, 2013 | -297.00 Mn |
| Sep 30, 2013 | -297.00 Mn |
| Jun 30, 2013 | 64.00 Mn |
| Jun 30, 2013 | 64.00 Mn |
| Mar 31, 2013 | 451.00 Mn |
| Mar 31, 2013 | 451.00 Mn |
| Dec 31, 2012 | -59.00 Mn |
| Dec 31, 2012 | -59.00 Mn |
| Sep 30, 2012 | -295.00 Mn |
| Sep 30, 2012 | -295.00 Mn |
| Jun 30, 2012 | 27.00 Mn |
| Jun 30, 2012 | 27.00 Mn |
| Mar 31, 2012 | 341.00 Mn |
| Mar 31, 2012 | 341.00 Mn |
| Dec 31, 2011 | -284.00 Mn |
| Dec 31, 2011 | -284.00 Mn |
| Sep 30, 2011 | -246.00 Mn |
| Sep 30, 2011 | -246.00 Mn |
| Jun 30, 2011 | 167.00 Mn |
| Jun 30, 2011 | 167.00 Mn |
| Mar 31, 2011 | 650.00 Mn |
| Mar 31, 2011 | 650.00 Mn |
| Dec 31, 2010 | -249.00 Mn |
| Dec 31, 2010 | -249.00 Mn |
| Sep 30, 2010 | -237.00 Mn |
| Sep 30, 2010 | -237.00 Mn |
| Jun 30, 2010 | 157.00 Mn |
| Jun 30, 2010 | 157.00 Mn |
| Mar 31, 2010 | 467.00 Mn |
| Mar 31, 2010 | 467.00 Mn |
| Dec 31, 2009 | 816.00 Mn |
| Dec 31, 2009 | 816.00 Mn |
| Sep 30, 2009 | -374.00 Mn |
| Sep 30, 2009 | -374.00 Mn |