CMS Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	7,462	8,596	7,329	6,418	6,624	Upgrade
Revenue Growth (YoY)	-13.19%	17.29%	14.19%	-3.11%	-3.62%	Upgrade
Cost of Revenue	4,600	5,834	4,680	3,788	4,189	Upgrade
Gross Profit	2,862	2,762	2,649	2,630	2,435	Upgrade
Other Operating Expenses	1,180	1,126	1,114	1,043	989	Upgrade
Operating Expenses	1,180	1,126	1,114	1,043	989	Upgrade
Operating Income	1,682	1,636	1,535	1,587	1,446	Upgrade
Interest Expense / Income	643	519	500	505	460	Upgrade
Other Expense / Income	-442	-225	-802	-145	-156	Upgrade
Pretax Income	1,481	1,342	1,837	1,227	1,142	Upgrade
Income Tax	594	505	484	472	462	Upgrade
Net Income	887	837	1,353	755	680	Upgrade
Preferred Dividends	10	10	5	0	0	Upgrade
Net Income Common	877	827	1,348	755	680	Upgrade
Net Income Growth	6.05%	-38.65%	78.54%	11.03%	3.50%	Upgrade
Shares Outstanding (Basic)	292	290	290	286	284	Upgrade
Shares Change	0.52%	0.19%	1.17%	0.88%	0.18%	Upgrade
EPS (Basic)	3.01	2.85	4.66	2.65	2.40	Upgrade
EPS (Diluted)	3.01	2.85	4.66	2.64	2.39	Upgrade
EPS Growth	5.61%	-38.84%	76.52%	10.46%	3.02%	Upgrade
Free Cash Flow	-910	-1,519	-257	-977	-210	Upgrade
Free Cash Flow Per Share	-3.12	-5.23	-0.89	-3.41	-0.74	Upgrade
Dividend Per Share	1.950	2.290	1.740	1.630	1.530	Upgrade
Dividend Growth	-14.85%	31.61%	6.75%	6.54%	7.07%	Upgrade
Gross Margin	38.35%	32.13%	36.14%	40.98%	36.76%	Upgrade
Operating Margin	22.54%	19.03%	20.94%	24.73%	21.83%	Upgrade
Profit Margin	11.75%	9.62%	18.39%	11.76%	10.27%	Upgrade
Free Cash Flow Margin	-12.20%	-17.67%	-3.51%	-15.22%	-3.17%	Upgrade
Effective Tax Rate	40.11%	37.63%	26.35%	38.47%	40.46%	Upgrade
EBITDA	3,304	2,987	3,451	2,775	2,591	Upgrade
EBITDA Margin	44.28%	34.75%	47.09%	43.24%	39.12%	Upgrade
Depreciation & Amortization	1,180	1,126	1,114	1,043	989	Upgrade
EBIT	2,124	1,861	2,337	1,732	1,602	Upgrade
EBIT Margin	28.46%	21.65%	31.89%	26.99%	24.18%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).