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CMS Energy CMS Q4 2024 Annual earnings

Reported February 6, 2025 · Before market open

Revenue estimate$2.2B
EPS estimate$0.87

Next report

Jul 28, 2026 (In 2 weeks)
Revenue estimate$1.9B
EPS estimate$0.79

Financials

Q4 2024

Income statement

See full
Revenue$2.0B+2.0%
Operating income$425.0M+4.7%
Net income$265.0M-14.2%
EPS (diluted)$0.88-16.2%

Balance sheet

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Cash & equivalents$178.0M-28.2%
Total debt$16.5B+6.1%
Total equity$8.2B+9.1%
Total assets$35.9B+7.2%

Cash flow

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Operating cash flow$403.0M-0.5%
Free cash flow$2.0B+387%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$19.91B+17.5%
Enterprise value$36.26B+12.4%
P/E19.9×+0.8×
P/S2.6×+0.4×

Profitability

See full
Operating margin19.8%+3.2pp
Net margin13.3%+1.5pp
FCF margin24.7%-2.7pp

Returns & leverage

See full
Return on equity12.7%+0.5pp
Debt / equity-0.1×
Current ratio0.8×-0.2×

Segments

By product

See full
Residential$970.0M-1.8%
Commercial$524.0M+4.2%
Industrial$184.0M+1.7%
Other$158.0M+12.1%

By segment

See full
Electric Utility$1.3B+6.8%
Gas Utility$653.0M-6.7%
NorthStar Clean Energy$81.0M+8.0%

Versus estimates

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Questions, answered.

When did CMS Energy report Q4 2024 earnings?
CMS Energy (CMS) reported Q4 2024 earnings on February 6, 2025 before market open.
What were CMS Energy's Q4 2024 revenue and EPS?
CMS Energy reported revenue of $2.0B and diluted EPS of $0.87 for Q4 2024.
Did CMS Energy beat estimates in Q4 2024?
Revenue missed the consensus estimate of $2.2B by $176.9M. EPS beat the consensus estimate of $0.87 by $0.00.
Where can I find CMS Energy's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000811156-25-000036) directly on SEC EDGAR. The filing index links above go to sec.gov.