CMS Energy CMS Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Segment Reporting, Other Segment Item, Amount by Business | |||||
| Electric Utility | $1M0.0% | $1M0.0% | $1M0.0% | $1M— | |
| Gas Utility | $1M0.0% | $1M0.0% | $1M0.0% | $1M— | |
| NorthStar Clean Energy | -$71M-22.4% | -$58M+27.5% | -$80M-208% | -$26M— | |
| Income from Continuing Ops by Business | |||||
| Electric Utility | $720M+5.6% | $682M+23.8% | $551M-3.0% | $568M— | |
| Gas Utility | $410M+24.6% | $329M+4.1% | $316M-16.6% | $379M— | |
| NorthStar Clean Energy | $0— | —— | -$13M-263% | $8M— | |
| Total other income by Business | |||||
| Electric Utility | $124M-1.6% | $126M-3.8% | $131M+23.6% | $106M— | |
| Gas Utility | $83M-3.5% | $86M+11.7% | $77M-4.9% | $81M— | |
| NorthStar Clean Energy | $17M+21.4% | $14M+16.7% | $12M0.0% | $12M— | |
| Operating Income (Loss) by Business | |||||
| Electric Utility | $1.1B+11.9% | $982M+27.2% | $772M-2.2% | $789M— | |
| Gas Utility | $671M+25.7% | $534M+7.2% | $498M+11.7% | $446M— | |
| NorthStar Clean Energy | -$28M-180% | -$10M+47.4% | -$19M-1,050% | $2M— | |
| Revenue recognized from contracts with customers by Business | |||||
| Electric Utility | $5.64B+11.4% | $5.06B+6.7% | $4.75B-12.4% | $5.42B+9.3% | |
| Gas Utility | $2.49B+16.6% | $2.14B-11.7% | $2.42B-11.6% | $2.74B+32.8% | |
| NorthStar Clean Energy | $408M+29.1% | $316M+6.4% | $297M-33.3% | $445M— | |
| Net Income (Loss) Available to Common Stockholders, Basic by Business | |||||
| Electric Utility | $719M+5.6% | $681M+23.8% | $550M-3.0% | $567M+0.4% | |
| Gas Utility | $409M+24.7% | $328M+4.1% | $315M-16.7% | $378M+25.2% | |
| NorthStar Clean Energy | $71M+12.7% | $63M-6.0% | $67M+97.1% | $34M— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Electric Utility | $870M+11.0% | $784M+26.9% | $618M-8.7% | $677M— | |
| Gas Utility | $548M+28.0% | $428M+3.4% | $414M+0.7% | $411M— | |
| Income Tax by Business | |||||
| Electric Utility | $150M+47.1% | $102M+52.2% | $67M-38.5% | $109M-6.8% | |
| Gas Utility | $138M+39.4% | $99M+1.0% | $98M+206% | $32M-17.9% | |
| Plant, property, and equipment, gross by Business | |||||
| Electric Utility | $84.07B+6.6% | $78.84B+5.4% | $74.78B+5.0% | $71.22B-0.4% | |
| Gas Utility | $55.13B+7.6% | $51.22B+7.2% | $47.79B+7.7% | $44.38B+9.1% | |
| NorthStar Clean Energy | $6.28B+7.2% | $5.86B+19.6% | $4.9B— | —— | |
| Total Assets by Business | |||||
| Electric Utility | $87.71B+8.2% | $81.04B+7.4% | $75.46B+9.3% | $69.03B+6.5% | |
| Gas Utility | $54.49B+6.8% | $51B+7.3% | $47.53B+6.5% | $44.61B+13.3% | |
| NorthStar Clean Energy | $8.81B+28.0% | $6.88B+10.1% | $6.25B— | —— | |
| General taxes by Business | |||||
| Electric Utility | $297M+5.7% | $281M+8.1% | $260M+8.3% | $240M— | |
| Gas Utility | $201M+6.9% | $188M+6.8% | $176M+10.7% | $159M— | |
| NorthStar Clean Energy | $14M+16.7% | $12M+20.0% | $10M-16.7% | $12M— | |
| Costs and Expenses by Business | |||||
| Electric Utility | $4.54B+11.3% | $4.08B+2.7% | $3.97B-14.2% | $4.63B— | |
| Gas Utility | $1.82B+13.6% | $1.6B-16.5% | $1.92B-15.9% | $2.29B— | |
| NorthStar Clean Energy | $436M+33.7% | $326M+3.2% | $316M-28.7% | $443M— | |
| Total interest charges by Business | |||||
| Electric Utility | $353M+9.0% | $324M+13.7% | $285M+30.7% | $218M— | |
| Gas Utility | $206M+7.3% | $192M+19.3% | $161M+38.8% | $116M— | |
| NorthStar Clean Energy | -$7M-275% | $4M+100% | $2M-33.3% | $3M— | |
| CapEx by Business | |||||
| Electric Utility | $2.41B+28.7% | $1.87B-10.1% | $2.08B+64.5% | $1.27B+9.7% | |
| Gas Utility | $1.06B-6.7% | $1.14B+9.6% | $1.04B+3.3% | $1.01B+1.9% | |
| NorthStar Clean Energy | $498M+72.9% | $288M+84.6% | $156M+38.1% | $113M+565% | |
| Power supply cost by Business | |||||
| Electric Utility | $2.19B+17.5% | $1.87B+1.4% | $1.84B-29.3% | $2.61B— | |
| Gas Utility | $0— | $0— | $0— | $0— | |
| NorthStar Clean Energy | $264M+64.0% | $161M-5.3% | $170M-44.1% | $304M— | |
| Utilities Operating Expense by Business | |||||
| Electric Utility | $4.54B+11.3% | $4.08B+2.7% | $3.97B-14.2% | $4.63B— | |
| Gas Utility | $1.82B+13.6% | $1.6B-16.5% | $1.92B-15.9% | $2.29B— | |
| Alternative-revenue programs by Business | |||||
| Electric Utility | $50M-10.7% | $56M+14.3% | $49M+14.0% | $43M— | |
| Gas Utility | $19M0.0% | $19M-5.0% | $20M+42.9% | $14M— | |
| Property, plant, and equipment, gross by Business | |||||
| Electric Utility | $84.07B+6.6% | $78.84B+5.4% | $74.78B+5.0% | $71.22B-0.4% | |
| Gas Utility | $55.13B+7.6% | $51.22B+7.2% | $47.79B+7.7% | $44.38B+9.1% | |
| Maintenance and other operating expenses by Business | |||||
| Electric Utility | $1.15B+7.5% | $1.07B-0.8% | $1.08B+4.6% | $1.03B— | |
| Gas Utility | $468M+3.1% | $454M-11.2% | $511M-7.8% | $554M— | |
| NorthStar Clean Energy | $100M-1.0% | $101M+14.8% | $88M+15.8% | $76M— | |
| Cost of gas sold by Business | |||||
| Electric Utility | $0— | $0— | $0— | $0— | |
| Gas Utility | $803M+26.1% | $637M-29.0% | $897M-27.8% | $1.24B— | |
| D&A by Business | |||||
| Electric Utility | $903M+4.4% | $865M+8.5% | $797M+5.3% | $757M-1.9% | |
| Gas Utility | $350M+7.7% | $325M-3.8% | $338M+2.4% | $330M+8.6% | |
| NorthStar Clean Energy | $52M+6.1% | $49M+14.0% | $43M+13.2% | $38M+2.7% | |
| Financing income by Business | |||||
| Electric Utility | $10M0.0% | $10M0.0% | $10M0.0% | $10M0.0% | |
| Gas Utility | $6M+20.0% | $5M-16.7% | $6M0.0% | $6M+20.0% | |
| Utilities Operating Expense Depreciation And Amortization by Business | |||||
| Electric Utility | $903M+4.4% | $865M+8.5% | $797M+5.3% | $757M-1.9% | |
| Gas Utility | $350M+7.7% | $325M-3.8% | $338M+2.4% | $330M+8.6% | |
| Revenue recognized from contracts with customers by Product | |||||
| Commercial | $2.43B+14.8% | $2.11B+3.7% | $2.04B-11.0% | $2.29B+16.4% | |
| Industrial | $824M+14.4% | $720M0.0% | $720M-17.0% | $867M+27.9% | |
| Other | $434M-17.8% | $528M+13.3% | $466M-15.9% | $554M+7.4% | |
| Residential | $4.36B+16.4% | $3.75B-2.8% | $3.86B-12.4% | $4.4B+15.9% | |
| Cost of goods and services sold by Product | |||||
| Cost of gas sold | $809M+26.4% | $640M-29.0% | $902M-28.2% | $1.26B+70.9% | |
| Purchased and interchange power | $1.71B+28.0% | $1.33B-3.1% | $1.38B-28.7% | $1.93B+15.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does CMS Energy break its business down?
- CMS Energy (CMS) reports segment reporting, other segment item, amount by business across 3 parts — Electric Utility, Gas Utility and NorthStar Clean Energy. Each is extracted from the segment footnotes and tracked over time.
- Where does CMS Energy's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in CMS Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
