What is CMS Energy's total assets?

CMS Energy (CMS) reported total assets of $40.29B in Q1 2026.

How has CMS Energy's total assets changed year-over-year?

CMS Energy's total assets increased by 11.0% year-over-year, from $36.3B to $40.29B.

What is the long-term trend for CMS Energy's total assets?

Over 5 years (2020 to 2025), CMS Energy's total assets has grown at a 6.1% compound annual growth rate (CAGR), from $29.67B to $39.94B.

What does total assets mean?

The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.

CMS Energy CMS Total Assets

Total Assets at other companies

Nextra EnergyNEE

$221.42B+14.0%

PG&EPCG

$141.95B+4.8%

Xcel EnergyXEL

$84.83B+16.6%

Duke EnergyDUK

$189.71B+4.5%

NorthWestern Energy Group, Inc.NWE

$8.58B+5.9%

BKH

Black HillsBKH

$10.82B+7.5%

Segments

By segment

See full

Electric Utility$23.48B+12.2%

Gas Utility$14.03B+7.4%

NorthStar Clean Energy$2.74B+38.7%

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%

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 / equity2×0.0×

Current ratio0.8×-0.2×

Where this comes from

Reported directly by CMS Energy in its filing.

Tagged under the XBRL concept us-gaap:Assets.

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 total assets?: CMS Energy (CMS) reported total assets of $40.29B in Q1 2026.
How has CMS Energy's total assets changed year-over-year?: CMS Energy's total assets increased by 11.0% year-over-year, from $36.3B to $40.29B.
What is the long-term trend for CMS Energy's total assets?: Over 5 years (2020 to 2025), CMS Energy's total assets has grown at a 6.1% compound annual growth rate (CAGR), from $29.67B to $39.94B.
What does total assets mean?: The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.