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CMS Energy CMS Prepaid & Other Current

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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:OtherAssetsCurrent.

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
Generating plant fuel stock4735
Deferred property taxes385479
Regulatory assets94104
Prepayments and other current assets225160
Total current assets3,0253,472
Plant, Property, and Equipment
Plant, property, and equipment, gross38,32337,763
Less accumulated depreciation and amortization10,38410,135

Item 1. Financial Statements

FAQ

What is CMS Energy's prepaid & other current?
CMS Energy (CMS) reported prepaid & other current of $225M in Q1 2026.
How has CMS Energy's prepaid & other current changed year-over-year?
CMS Energy's prepaid & other current increased by 95.7% year-over-year, from $115M to $225M.
What is the long-term trend for CMS Energy's prepaid & other current?
Over 5 years (2020 to 2025), CMS Energy's prepaid & other current has grown at a 9.0% compound annual growth rate (CAGR), from $104M to $160M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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