CMS Energy Corp.

CMS ·Utilities, Utilities - Regulated Electric, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $6.93B $6.56B $6.39B $6.46B $7.19B $6.61B $6.27B $6.52B
Electric Utility $4.25B $4.24B $4.25B $4.13B $4.13B $4.05B $4.03B $3.99B
Gas Utility $2.36B $2.02B $1.85B $2.04B $2.71B $2.22B $1.89B $2.17B
Enterprises $316.0M $310.0M $293.0M $292.0M $339.0M $348.0M $345.0M $357.0M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $1.16B $1.34B $1.26B $1.18B $1.15B $1.14B $1.00B $1.00B
Operating Margin 16.8% 20.4% 19.7% 18.2% 16.0% 17.3% 16.0% 15.4%
Interest Expense $458.0M $438.0M $435.0M $396.0M $407.0M $398.0M $389.0M $415.0M
Pretax Income $774.0M $886.0M $826.0M $796.0M $729.0M $756.0M $622.0M
Income Tax Expense $115.0M $424.0M $273.0M $271.0M $250.0M $302.0M $245.0M $191.0M
Net Income $657.0M $460.0M $551.0M $523.0M $477.0M $452.0M $382.0M $415.0M
Net Margin 9.5% 7.0% 8.6% 8.1% 6.6% 6.8% 6.1% 6.4%
EPS (Basic) $2.33 $1.64 $1.99 $1.90 $1.76 $1.71 $1.46 $1.66
EPS (Diluted) $2.32 $1.64 $1.98 $1.89 $1.74 $1.66 $1.42 $1.58
Shares Outstanding (Basic)
Shares Outstanding (Diluted) 282.9M 280.8M 278.9M 276.5M 274.6M 271.9M 268.6M 263.4M
Dividends Per Share $1.43 $1.33 $1.24 $1.16 $1.08 $1.02 $0.96 $0.84
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