Consumers Energy

Consumers Energy is a provider of natural gas and electricity. It offers energy plans and solutions to individuals, businesses, and communities. In addition, the company provides an online eCommerce platform for exploring electric and natural gas products and programs. Consumers Energy partners with energy suppliers.

Employee Rating

4.3More
TypeSubsidiary
Parent CompanyCMS Energy
HQJackson, MI, US
Founded1886
Websiteconsumersenergy.com
Cybersecurity ratingBMore
Consumers Energy was founded in 1886 and is headquartered in Jackson, MI, US

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Consumers Energy

Garrick J. Rochow

Garrick J. Rochow

President and Chief Executive Officer
Rejji P. Hayes

Rejji P. Hayes

Executive Vice President and Chief Financial Officer
Jean-François Brossoit

Jean-François Brossoit

Senior Vice President of Transformation, Engineering and Operations Support
Catherine Hendrian

Catherine Hendrian

Senior Vice President of Human Resources
Brandon J. Hofmeister

Brandon J. Hofmeister

Senior Vice President of Governmental, Regulatory and Public Affairs
Leeroy Wells

Leeroy Wells

Senior Vice President of Operations
Show more

Consumers Energy Office Locations

Consumers Energy has offices in Jackson, Grand Rapids and Saginaw
Jackson, MI, US (HQ)
1 Energy Plaza
Grand Rapids, MI, US
4000 Clay Ave SW
Saginaw, MI, US
2400 Weiss St
Show all (3)

Consumers Energy Financials and Metrics

Summary Metrics

Founding Date

1886
Consumers Energy is a subsidiary of CMS Energy

Consumers Energy Revenue

Consumers Energy's revenue was reported to be $6.19 b in FY, 2020 which is a 2.9% decrease from the previous period.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

6.5b6.4b6.2b

Revenue growth, %

(1%)(3%)

Operating expense total

5.4b5.2b5.0b

Depreciation and amortization

921.0m975.0m1.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.9b1.3b1.4b1.7b1.3b1.5b2.1b

Operating expense total

1.6b1.2b1.1b1.4b1.1b1.1b1.6b

Depreciation and amortization

294.0m212.0m210.0m312.0m218.0m223.0m340.0m

EBIT

328.0m175.0m319.0m329.0m246.0m338.0m485.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

39.0m11.0m20.0m

Accounts Receivable

855.0m827.0m828.0m

Inventories

639.0m597.0m569.0m

Current Assets

2.0b1.9b1.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

37.0m196.0m259.0m604.0m1.2b199.0m9.0m

Accounts Receivable

894.0m653.0m611.0m785.0m653.0m620.0m801.0m

Inventories

436.0m543.0m691.0m426.0m498.0m631.0m400.0m

Current Assets

1.8b1.8b1.9b2.2b2.8b1.8b1.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

705.0m743.0m816.0m

Depreciation and Amortization

921.0m975.0m1.0b

Inventories

15.0m40.0m26.0m

Accounts Payable

12.0m(63.0m)45.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

226.0m324.0m537.0m235.0m395.0m625.0m336.0m

Depreciation and Amortization

294.0m506.0m716.0m312.0m530.0m753.0m329.0m

Inventories

204.0m96.0m(52.0m)170.0m99.0m(34.0m)168.0m

Accounts Payable

(80.0m)(41.0m)(76.0m)(54.0m)18.0m29.0m(99.0m)
USDFY, 2018

Revenue/Employee

861.4k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.2 x
Show all financial metrics

Consumers Energy Revenue Breakdown

Embed Graph

Consumers Energy revenue breakdown by business segment: 70.6% from Electric Utility and 29.4% from Gas Utility

Consumers Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Consumers Energy Online and Social Media Presence

Embed Graph

Consumers Energy Company Culture

  • Overall Culture

    A

    75/100

  • CEO Rating

    A+

    88/100

  • Compensation

    A-

    79/100

Learn more on Comparably

Consumers Energy News and Updates

Consumers Energy Again Named One of America's Top Companies for Women

JACKSON, Mich., Aug. 2, 2021 /PRNewswire/ -- Consumers Energy is one of the top 20 best employers for women in the country and No. 1 in Michigan, according to a new ranking from Forbes Magazine. The national recognition reflects Consumers Energy's long-standing commitment and continued...

Consumers Energy Celebrates New Solar Power Plant in Cadillac

CADILLAC, Mich., July 19, 2021 /PRNewswire/ -- Following the release of the company's updated Clean Energy Plan, leaders from Consumers Energy, the state of Michigan and the city of Cadillac today dedicated the company's third solar power plant, Cadillac Solar Gardens. The Clean Energy...

Consumers Energy Puts Electric Vehicle Transformation into High Gear with New Effort for Michigan Businesses

JACKSON, Mich., June 7, 2021 /PRNewswire/ -- Consumers Energy is putting the electric vehicle transformation into high gear with a major new program to help businesses statewide transition to carbon-free EVs. Consumers Energy's new PowerMIFleet program will focus on Michigan businesses,...

Consumers Energy Frequently Asked Questions

  • When was Consumers Energy founded?

    Consumers Energy was founded in 1886.

  • Who are Consumers Energy key executives?

    Consumers Energy's key executives are Garrick J. Rochow, Rejji P. Hayes and Jean-François Brossoit.

  • How many employees does Consumers Energy have?

    Consumers Energy has 7,617 employees.

  • What is Consumers Energy revenue?

    Latest Consumers Energy annual revenue is $6.2 b.

  • What is Consumers Energy revenue per employee?

    Latest Consumers Energy revenue per employee is $812.5 k.

  • Who are Consumers Energy competitors?

    Competitors of Consumers Energy include CPS Energy, Direct Energy and WEC Energy Group.

  • Where is Consumers Energy headquarters?

    Consumers Energy headquarters is located at 1 Energy Plaza, Jackson.

  • Where are Consumers Energy offices?

    Consumers Energy has offices in Jackson, Grand Rapids and Saginaw.

  • How many offices does Consumers Energy have?

    Consumers Energy has 3 offices.