CMS Energy Corp. balance sheet

Tickers CMS, CMS-PC, CMSA, CMSC, CMSD · SEC CIK 811156 · Latest fiscal year ended Dec 31, 2025

At the end of its fiscal year on Dec 31, 2025, CMS Energy Corp. reported total assets of $39.94B and shareholders' equity of $9.14B. That works out to a current ratio of 0.98 (current assets ÷ current liabilities), long-term debt of 1.95× shareholders' equity.

CMS Energy Corp. total assets at fiscal year end, USD. Hover a bar for the exact figure.

Balance sheet at each fiscal year end

Fiscal year ended	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total assets (USD)	$21.62B	$23.05B	$24.53B	$26.84B	$29.67B	$28.75B	$31.35B	$33.52B	$35.92B	$39.94B
Current assets (USD)	$2.28B	$2.48B	$2.47B	$2.33B	$2.40B	$2.63B	$3.43B	$2.84B	$2.79B	$3.47B
Cash & equivalents (USD)	$235.00M	$182.00M	$153.00M	$140.00M	$32.00M	$452.00M	$164.00M	$227.00M	$103.00M	$509.00M
Current liabilities (USD)	$2.65B	$2.78B	$2.62B	$2.70B	$3.07B	$2.20B	$2.98B	$2.90B	$3.52B	$3.55B
Long-term debt (USD)	$8.64B	$9.12B	$10.62B	$11.95B	$11.74B	$12.05B	$13.12B	$14.51B	$15.19B	$17.81B
Shareholders' equity (USD)	$4.25B	$4.44B	$4.75B	$5.02B	$5.50B	$6.63B	$7.01B	$7.54B	$8.23B	$9.14B
Reported in	10-K 2019	10-K 2020	10-K 2021	10-K 2022	10-K 2023	10-K 2024	10-K 2024	10-K 2025	10-K 2026	10-K 2026

Columns are fiscal years, labeled by the month the year ended; scroll sideways on small screens. — means the company did not report the figure under the XBRL concepts we track.

Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.

Source: SEC EDGAR XBRL company facts for CIK 811156 (raw data). Most recent filing in this dataset: 10-Q filed Jul 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.