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CMS Energy CMS Non-Controlling Interests

Non-Controlling Interests at other companies

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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$22.33B+0.6%
Enterprise value$41.18B+4.8%
P/E20.2×-1.5×
P/S2.5×-0.2×

Profitability

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

Returns & leverage

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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:MinorityInterest.

The source filing: CMS Energy’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 11:28 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000811156-26-000024
Line itemMarch 312026December 312025
Accumulated other comprehensive loss(35)(36)
Retained earnings2,6052,443
Total common stockholders’ equity9,2428,920
Cumulative redeemable perpetual preferred stock, Series C, authorized 9.2 depositary shares; outstanding 9.2 depositary shares in both periods224224
Total stockholders’ equity9,4669,144
Noncontrolling interests585567
Total equity10,0519,711
Total Liabilities and Equity$40,285$39,941

Item 1. Financial Statements

FAQ

What is CMS Energy's non-controlling interests?
CMS Energy (CMS) reported non-controlling interests of $585M in Q1 2026.
How has CMS Energy's non-controlling interests changed year-over-year?
CMS Energy's non-controlling interests decreased by 0.5% year-over-year, from $588M to $585M.
What is the long-term trend for CMS Energy's non-controlling interests?
Over 5 years (2020 to 2025), CMS Energy's non-controlling interests has grown at a -0.5% compound annual growth rate (CAGR), from $581M to $567M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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