Skip to content

CMS Energy CMS NorthStar Clean Energy — Maintenance and other operating expenses

Other segment segments

Electric Utility
$277M+7.8%
Gas Utility
$139M+19.8%

Similar metrics at other companies

WEC Energy Group logo
WECNon-Utility Energy Infrastructure — Other operation and maintenance
$20.5M-7.2%
Nextra Energy logo
NEENEER Segment — Other operations and maintenance
$870M+32.0%
Southern Company logo
SOOther operations and maintenance
$1.65B+2.1%
PG&E logo
PCGOther operations and maintenance
$3.11B+17.6%
BKH
BKHOperating Expense Maintenance Operationsand Other Costsand Expense
$148M-3.7%
AWK
AWKOther operations and maintenance
$493M+5.3%

Other financials

Income statement

See full
Revenue$2.7B+11.6%
Operating income$490.0M-0.8%
Net income$340.0M+11.8%
EPS (diluted)$1.10+8.9%

Balance sheet

See full
Cash & equivalents$263.0M-50.0%
Total debt$19.1B+12.7%
Total equity$9.5B+13.6%
Total assets$40.3B+11.0%

Cash flow

See full
Operating cash flow$705.0M-29.5%
CapEx$1.0B+17.0%
Free cash flow-$334.0M-398%

Valuation

See full
Market cap$23.63B+16.1%
Enterprise value$42.49B+13.5%
P/E21.4×+1.4×
P/S2.7×+0.1×

Profitability

See full
Operating margin19.5%-0.6pp
Net margin12.5%-0.6pp
FCF margin12.8%-8.1pp

Returns & leverage

See full
Return on equity12.4%-0.1pp
Debt / equity0.0×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by CMS Energy in its filing.

Tagged under the XBRL concept us-gaap:OtherCostAndExpenseOperating.

The official record: CMS Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about CMS Energy's northstar clean energy — maintenance and other operating expenses.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is CMS Energy's northstar clean energy — maintenance and other operating expenses?
CMS Energy (CMS) reported northstar clean energy — maintenance and other operating expenses of $30M in Q1 2026.
How has CMS Energy's northstar clean energy — maintenance and other operating expenses changed year-over-year?
CMS Energy's northstar clean energy — maintenance and other operating expenses decreased by 0.0% year-over-year, from $30M to $30M.
What is the long-term trend for CMS Energy's northstar clean energy — maintenance and other operating expenses?
Over 3 years (2022 to 2025), CMS Energy's northstar clean energy — maintenance and other operating expenses has grown at a 9.6% compound annual growth rate (CAGR), from $76M to $100M.
What does northstar clean energy — maintenance and other operating expenses mean?
Routine costs associated with the upkeep, operation, and administration of energy generation facilities. This includes labor, materials, and service contracts required to maintain operational readiness.