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CMS Energy CMS Interest coverage

Interest coverage at other companies

Nextra Energy logo
Nextra EnergyNEE
1.7×-1.6×
DTE Energy logo
DTE EnergyDTE
-0.3×
PG&E logo
PG&EPCG
1.6×+0.2×
Entergy logo
EntergyETR
2.7×+0.6×
Duke Energy logo
Duke EnergyDUK
2.4×0.0×
CNP
CenterPoint EnergyCNP
2.7×-0.7×

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$22.65B+6.4%
Enterprise value$41.5B+9.9%
P/E20.5×-0.4×
P/S2.6×-0.2×

Profitability

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Operating margin19.5%-0.6pp
Net margin12.5%-0.6pp

Returns & leverage

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

Where this comes from

Calculated from CMS Energy’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is CMS Energy's interest coverage?
CMS Energy (CMS) reported interest coverage of 2.1× in Q1 2026.
How has CMS Energy's interest coverage changed year-over-year?
CMS Energy's interest coverage decreased by 2.3% year-over-year, from 2.2× to 2.1×.
What is the long-term trend for CMS Energy's interest coverage?
Over 4 years (2021 to 2025), CMS Energy's interest coverage has grown at a -3.3% compound annual growth rate (CAGR), from 10× to 8.8×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.