CMS Energy (CMS) Revenue & Revenue Breakdown
CMS Energy Revenue Highlights
Latest Revenue (Y)
$7.46B
Latest Revenue (Q)
$1.74B
Main Segment (Y)
Residential Utility Services
CMS Energy Revenue by Period
CMS Energy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $7.46B | -13.19% |
| 2022-12-31 | $8.60B | 17.29% |
| 2021-12-31 | $7.33B | 9.72% |
| 2020-12-31 | $6.68B | -2.41% |
| 2019-12-31 | $6.84B | -0.41% |
| 2018-12-31 | $6.87B | 4.41% |
| 2017-12-31 | $6.58B | 2.88% |
| 2016-12-31 | $6.40B | -0.88% |
| 2015-12-31 | $6.46B | -10.07% |
| 2014-12-31 | $7.18B | 9.34% |
| 2013-12-31 | $6.57B | 5.01% |
| 2012-12-31 | $6.25B | -3.84% |
| 2011-12-31 | $6.50B | 1.10% |
| 2010-12-31 | $6.43B | 3.66% |
| 2009-12-31 | $6.21B | -9.03% |
| 2008-12-31 | $6.82B | 5.52% |
| 2007-12-31 | $6.46B | -5.08% |
| 2006-12-31 | $6.81B | 8.30% |
| 2005-12-31 | $6.29B | 14.91% |
| 2004-12-31 | $5.47B | -0.74% |
| 2003-12-31 | $5.51B | -36.54% |
| 2002-12-31 | $8.69B | -9.48% |
| 2001-12-31 | $9.60B | 6.66% |
| 2000-12-31 | $9.00B | 47.44% |
| 1999-12-31 | $6.10B | 18.71% |
| 1998-12-31 | $5.14B | 7.40% |
| 1997-12-31 | $4.79B | 10.48% |
| 1996-12-31 | $4.33B | 11.39% |
| 1995-12-31 | $3.89B | 7.49% |
| 1994-12-31 | $3.62B | 3.93% |
| 1993-12-31 | $3.48B | - |
CMS Energy generated $7.46B in revenue during NA 2023, up -13.19% compared to the previous quarter, and up 108.57% compared to the same period a year ago.
CMS Energy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $1.74B | 8.46% |
| 2024-06-30 | $1.61B | -26.15% |
| 2024-03-31 | $2.18B | 11.59% |
| 2023-12-31 | $1.95B | 16.56% |
| 2023-09-30 | $1.67B | 7.59% |
| 2023-06-30 | $1.55B | -31.92% |
| 2023-03-31 | $2.28B | 0.26% |
| 2022-12-31 | $2.28B | 12.55% |
| 2022-09-30 | $2.02B | 5.42% |
| 2022-06-30 | $1.92B | -19.12% |
| 2022-03-31 | $2.37B | 16.77% |
| 2021-12-31 | $2.03B | 17.86% |
| 2021-09-30 | $1.73B | 10.72% |
| 2021-06-30 | $1.56B | -25.20% |
| 2021-03-31 | $2.08B | 15.85% |
| 2020-12-31 | $1.80B | 14.16% |
| 2020-09-30 | $1.57B | 9.15% |
| 2020-06-30 | $1.44B | -22.59% |
| 2020-03-31 | $1.86B | 3.84% |
| 2019-12-31 | $1.79B | 16.11% |
| 2019-09-30 | $1.55B | 6.99% |
| 2019-06-30 | $1.45B | -29.82% |
| 2019-03-31 | $2.06B | 12.58% |
| 2018-12-31 | $1.83B | 14.38% |
| 2018-09-30 | $1.60B | 7.17% |
| 2018-06-30 | $1.49B | -23.60% |
| 2018-03-31 | $1.95B | 9.84% |
| 2017-12-31 | $1.78B | 16.44% |
| 2017-09-30 | $1.53B | 5.38% |
| 2017-06-30 | $1.45B | -20.78% |
| 2017-03-31 | $1.83B | 11.52% |
| 2016-12-31 | $1.64B | 3.34% |
| 2016-09-30 | $1.59B | 15.75% |
| 2016-06-30 | $1.37B | -23.88% |
| 2016-03-31 | $1.80B | 19.35% |
| 2015-12-31 | $1.51B | 1.55% |
| 2015-09-30 | $1.49B | 10.07% |
| 2015-06-30 | $1.35B | -36.05% |
| 2015-03-31 | $2.11B | 20.08% |
| 2014-12-31 | $1.76B | 22.94% |
| 2014-09-30 | $1.43B | -2.59% |
| 2014-06-30 | $1.47B | -41.82% |
| 2014-03-31 | $2.52B | 45.33% |
| 2013-12-31 | $1.74B | 20.14% |
| 2013-09-30 | $1.45B | 2.77% |
| 2013-06-30 | $1.41B | -28.95% |
| 2013-03-31 | $1.98B | 18.50% |
| 2012-12-31 | $1.67B | 10.82% |
| 2012-09-30 | $1.51B | 13.05% |
| 2012-06-30 | $1.33B | -23.52% |
| 2012-03-31 | $1.74B | 7.59% |
| 2011-12-31 | $1.62B | 10.66% |
| 2011-09-30 | $1.46B | 7.33% |
| 2011-06-30 | $1.36B | -33.63% |
| 2011-03-31 | $2.06B | 22.18% |
| 2010-12-31 | $1.68B | 16.56% |
| 2010-09-30 | $1.44B | 7.69% |
| 2010-06-30 | $1.34B | -31.88% |
| 2010-03-31 | $1.97B | 23.17% |
| 2009-12-31 | $1.60B | 25.35% |
| 2009-09-30 | $1.27B | 3.75% |
| 2009-06-30 | $1.23B | -41.69% |
| 2009-03-31 | $2.11B | 14.21% |
| 2008-12-31 | $1.84B | 29.13% |
| 2008-09-30 | $1.43B | 4.62% |
| 2008-06-30 | $1.36B | -37.50% |
| 2008-03-31 | $2.18B | - |
CMS Energy generated $1.74B in revenue during Q3 2024, up 8.46% compared to the previous quarter, and up 112.09% compared to the same period a year ago.
CMS Energy Revenue Breakdown
CMS Energy Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Utility Service | $466.00M | - | - | - | - |
| Commercial Utility Service | $2.04B | $2.29B | $1.97B | $1.78B | $1.87B |
| Industrial Utility Service | $720.00M | $867.00M | $678.00M | $616.00M | $720.00M |
| Residential Utility Services | $3.85B | $4.40B | $3.80B | $3.34B | $3.30B |
CMS Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Residential Utility Services (54.45%), Commercial Utility Service (28.80%), Industrial Utility Service (10.17%), and Other Utility Service (6.58%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industrial Utility Service | $174.00M | $181.00M | $180.00M | $167.00M | $192.00M | $213.00M | $236.00M | $222.00M | $196.00M | $184.00M | $172.00M | $161.00M | $161.00M | $157.00M | $166.00M | $133.00M | $160.00M | $173.00M | $178.00M | $182.00M |
| Residential Utility Services | $834.00M | $988.00M | $821.00M | $742.00M | $1.30B | $1.21B | $957.00M | $906.00M | $1.33B | $1.03B | $861.00M | $781.00M | $1.12B | $910.00M | $744.00M | $713.00M | $974.00M | $875.00M | $696.00M | $621.00M |
| Commercial Utility Service | $526.00M | $503.00M | $481.00M | $461.00M | $594.00M | $602.00M | $566.00M | $519.00M | $605.00M | $520.00M | $492.00M | $449.00M | $508.00M | $461.00M | $440.00M | $392.00M | $488.00M | $475.00M | $454.00M | $420.00M |
| Other Utility Service | - | $357.00M | $109.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CMS Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Residential Utility Services (54.37%), Commercial Utility Service (34.29%), and Industrial Utility Service (11.34%).
CMS Energy Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DTE | DTE Energy Company | $12.74B | $2.91B |
| ETR | Entergy | $12.15B | $3.39B |
| CNP | CenterPoint Energy | $8.70B | $1.86B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.74B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $1.01B |
| PNM | PNM Resources | $1.94B | $488.10M |
| MGEE | MGE Energy | $690.43M | $191.34M |
CMS Revenue FAQ
What is CMS Energy’s yearly revenue?
CMS Energy's yearly revenue for 2023 was $7.46B, representing a decrease of -13.19% compared to 2022. The company's yearly revenue for 2022 was $8.6B, representing an increase of 17.29% compared to 2021. CMS's yearly revenue for 2021 was $7.33B, representing an increase of 9.72% compared to 2020.
What is CMS Energy’s quarterly revenue?
CMS Energy's quarterly revenue for Q3 2024 was $1.74B, a 8.46% increase from the previous quarter (Q2 2024), and a 4.18% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.61B, a -26.15% decrease from the previous quarter (Q1 2024), and a 3.34% increase year-over-year (Q2 2023). CMS's quarterly revenue for Q1 2024 was $2.18B, a 11.59% increase from the previous quarter (Q4 2023), and a -4.73% decrease year-over-year (Q1 2023).
What is CMS Energy’s revenue growth rate?
CMS Energy's revenue growth rate for the last 3 years (2021-2023) was 1.81%, and for the last 5 years (2019-2023) was 9.01%.
What are CMS Energy’s revenue streams?
CMS Energy's revenue streams in c 23 are Other Utility Service, Commercial Utility Service, Industrial Utility Service, and Residential Utility Services. Other Utility Service generated $466M in revenue, accounting 6.58% of the company's total revenue Commercial Utility Service generated $2.04B in revenue, accounting 28.80% of the company's total revenue, down -11.04% year-over-year. Industrial Utility Service generated $720M in revenue, accounting 10.17% of the company's total revenue, down -16.96% year-over-year. Residential Utility Services generated $3.86B in revenue, accounting 54.45% of the company's total revenue, down -12.43% year-over-year.
What is CMS Energy’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of CMS Energy was Residential Utility Services. This segment made a revenue of $3.86B, representing 54.45% of the company's total revenue.