CMS ENERGY CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.87B | $6.58B | $6.40B | $6.46B | $7.18B | $6.57B | $6.25B | $6.50B |
| 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 | 16.9% | 20.3% | 19.6% | 18.2% | 16.0% | 17.4% | 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 | 9.6% | 7.0% | 8.6% | 8.1% | 6.6% | 6.9% | 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 |