OverviewSuggest Edit

CMS Energy is a holding company, which owns and manages several businesses in energy sector, including Consumers, an electric and gas utility; CMS Enterprises, primarily a domestic independent power producer and marketer; and EnerBank, an industrial bank. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, food, and metal products industries, as well as a diversified group of other industries. CMS Enterprises, through its subsidiaries and equity investments, is engaged in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. EnerBank provides unsecured consumer installment loans, largely for financing home improvements.

TypePublic
Founded1987
HQJackson, MI, US
Websitecmsenergy.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2020)8,148
Job Openings79
Revenue (FY, 2020)$6.7 B(-2%)
Share Price (Nov 2021)$60
Cybersecurity ratingDMore
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Key People/Management at CMS Energy

Garrick J. Rochow

Garrick J. Rochow

President and Chief Executive Officer of CMS Energy Corporation and Consumers Energy Company
John G. Russell

John G. Russell

Chairman
Amanda Wagenschutz

Amanda Wagenschutz

Vice President of People and Culture Operations of CMS Energy Corporation and Consumers Energy Company
Rejji P. Hayes

Rejji P. Hayes

Executive Vice President and Chief Financial Officer of CMS Energy Corporation and Consumers Energy Company
Catherine Hendrian

Catherine Hendrian

Senior Vice President of Human Resources of CMS Energy Corporation and Consumers Energy Company
Jean-François Brossoit

Jean-François Brossoit

Senior Vice President of Transformation, Engineering and Operations Support of CMS Energy Corporation and Consumers Energy Company
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CMS Energy Office Locations

CMS Energy has an office in Jackson
Jackson, MI, US (HQ)
Energy Plaza
Show all (1)

CMS Energy Financials and Metrics

CMS Energy Revenue

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CMS Energy's revenue was reported to be $6.68 b in FY, 2020 which is a 2.4% decrease from the previous period.
USD

Revenue (FY, 2020)

6.7b

Revenue growth (FY, 2019 - FY, 2020), %

(2.4%)

Gross profit (FY, 2020)

4.2b

Gross profit margin (FY, 2020), %

62.5%

Net income (FY, 2020)

752.0m

EBIT (FY, 2020)

1.4b

Market capitalization (12-Nov-2021)

17.4b

Closing stock price (12-Nov-2021)

60.0

Cash (31-Dec-2020)

168.0m

EV

30.9b
CMS Energy's current market capitalization is $17.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.6b6.9b6.8b6.7b

Revenue growth, %

4%0%(2%)

Cost of goods sold

2.8b3.1b2.9b2.5b

Gross profit

3.7b3.8b3.9b4.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.0b1.5b1.6b2.1b1.4b1.5b1.9b1.4b1.6b

Cost of goods sold

914.0m639.0m666.0m942.0m597.0m597.0m751.0m521.0m586.0m

Gross profit

1.0b853.0m933.0m1.1b848.0m949.0m1.1b922.0m989.0m

Gross profit Margin, %

53%57%58%54%59%61%60%64%63%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

182.0m153.0m140.0m168.0m

Accounts Receivable

1.0b978.0m903.0m880.0m

Inventories

672.0m650.0m605.0m576.0m

Current Assets

2.5b2.5b2.3b2.4b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

462.0m659.0m682.0m752.0m

Depreciation and Amortization

881.0m933.0m992.0m1.0b

Inventories

(46.0m)14.0m44.0m28.0m

Accounts Payable

49.0m22.0m(69.0m)54.0m
Quarterly
USDFY, 2017

Revenue/Employee

841.6k

Debt/Equity

2.1 x

Debt/Assets

0.4 x

Financial Leverage

5.1 x
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CMS Energy Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Residents

6.9 m6.7 m6.7 m6.8 m

Customers (Electricity)

1.8 m1.8 m1.8 m1.9 m

Customers (Gas)

1.8 m1.8 m1.8 m1.8 m

Facilities

252222
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CMS Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Petal Gas Storage CoJanuary 01, 1996
Hydra-Co EnterprisesJanuary 01, 1995
Beeland Group LLC
CMS Capital, L.L.C.
CMS Electric & Gas, L.L.C.
CMS Energy Resource Management Company
CMS Engineering Co.
CMS Enterprises Company
CMS Enterprises Sustainable Energy, LLC
CMS ERM Michigan LLC
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CMS Energy Revenue Breakdown

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CMS Energy revenue breakdown by business segment: 27.2% from Gas Utility, 65.4% from Electric Utility and 7.4% from Other

Human Capital Metrics

Source: craft.co
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CMS Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

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CMS Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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CMS Energy Online and Social Media Presence

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CMS Energy News and Updates

CMS Energy sells EnerBank sub to Regions Financial for $960 million in cash

CMS Energy Corp. announced Tuesday an agreement to sell its EnerBank USA subsidiary for $960 million in cash to Regions Financial Corp. , as the Michigan-based consumer energy business said it was exiting a "non-core business at a compelling valuation." CMS shares fell 0.2% in premarket trading, wh…

Consumers Energy Introduces New Summer Peak Rate, Giving Households More Control Over Energy Costs

Consumers Energy is giving Michigan households the ability to lower energy bills and take meaningful actions to protect the planet with a new standard Summer Peak Rate that will go into effect June 1 for 1.6 million residential electric customers

CMS Energy Announces Glenn Barba, Vice President, Controller and Chief Accounting Officer to Retire September 1

CMS Energy, and its principal subsidiary Consumers Energy, today announced Glenn Barba, currently vice president, controller and chief accounting officer, will retire

CMS Energy's Utility Subsidiary, Consumers Energy, Declares Quarterly Dividend on Preferred Stock

The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the utility's preferred stock

Consumers Energy Foundation Provides $500,000 to Four Projects Protecting Michigan's Environment

The Consumers Energy Foundation celebrated Earth Month by providing $500,000 to four projects that will help protect and restore Michigan's land, water and air.

CMS Energy Announces First Quarter Earnings Results of $1.21 per Share, Reaffirms 2021 Guidance

CMS Energy announced today reported earnings per share of $1.21 for the first quarter of 2021, compared to $0.85 per share for the same quarter in 2020.
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CMS Energy Frequently Asked Questions

  • When was CMS Energy founded?

    CMS Energy was founded in 1987.

  • Who are CMS Energy key executives?

    CMS Energy's key executives are Garrick J. Rochow, John G. Russell and Amanda Wagenschutz.

  • How many employees does CMS Energy have?

    CMS Energy has 8,148 employees.

  • What is CMS Energy revenue?

    Latest CMS Energy annual revenue is $6.7 b.

  • What is CMS Energy revenue per employee?

    Latest CMS Energy revenue per employee is $819.8 k.

  • Who are CMS Energy competitors?

    Competitors of CMS Energy include Ameren, NextEra Energy and PPL Corporation.

  • Where is CMS Energy headquarters?

    CMS Energy headquarters is located at Energy Plaza, Jackson.

  • Where are CMS Energy offices?

    CMS Energy has an office in Jackson.

  • How many offices does CMS Energy have?

    CMS Energy has 1 office.