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CMS Energy CMS Shares (Diluted)

Shares (Diluted) at other companies

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2.1B+1.6%
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2.3B+3.7%
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666.2M+1.9%
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626M+8.5%
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777M+0.6%
BKH
Black HillsBKH
75.6M+5.3%

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$22.57B+1.0%
Enterprise value$41.43B+5.0%
P/E20.4×-1.5×
P/S2.6×-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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
In Millions, Except Per Share Amounts / Three Months Ended March 31
Average common shares outstanding
Weighted-average shares – basic298.2
Add dilutive nonvested stock awards0.9
Add dilutive contingently convertible securities
Weighted-average shares – diluted299.1
Income from continuing operations per average common share available to common stockholders
Basic$$1.01
Diluted1.01

Item 1. Financial Statements

FAQ

What is CMS Energy's shares (diluted)?
CMS Energy (CMS) reported shares (diluted) of 307.1M in Q1 2026.
How has CMS Energy's shares (diluted) changed year-over-year?
CMS Energy's shares (diluted) increased by 2.7% year-over-year, from 299.1M to 307.1M.
What is the long-term trend for CMS Energy's shares (diluted)?
Over 2 years (2021 to 2023), CMS Energy's shares (diluted) has grown at a 0.3% compound annual growth rate (CAGR), from 1.2B to 1.2B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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