CMS Energy Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Garrick J. Rochow
- Full Time Employees
- 8,350
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- One Energy Plaza Jackson MI United States of America 49201
- IPO Date
- Feb 21, 1973
- CIK
- 0000811156
- Website
- cmsenergy.com
- Similar Companies
- Business
- CMS Energy Corporation operates as a prominent energy provider primarily serving Michigan. The company's operations are structured across three key segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment manages the generation, procurement, delivery, and sale of electricity, utilizing a diverse portfolio of sources including natural gas, coal, wind, solar, and nuclear power. This segment maintains an extensive distribution network, comprising thousands of miles of overhead and underground lines, along with numerous substations. The Gas Utility segment focuses on the acquisition, transmission, storage, distribution, and sale of natural gas. This network includes thousands of miles of transmission lines, multiple gas storage fields, and an expansive system of distribution mains and compressor stations. The NorthStar Clean Energy segment, formerly known as CMS Enterprises, is involved in independent power generation and marketing, with a particular emphasis on developing and operating renewable energy projects. CMS Energy delivers essential services to approximately 1.9 million electric and 1.8 million natural gas customers, encompassing residential, commercial, and diverse industrial sectors. The company, established in 1987 and headquartered in Jackson, Michigan, is actively pursuing ambitious sustainability goals, aiming for net-zero carbon emissions from its electric operations by 2040 and net-zero greenhouse gas emissions across its entire natural gas system, including customer and supplier emissions, by 2050. This strategic direction underscores its commitment to a cleaner energy future while ensuring reliable service for its vast customer base. Recent financial results show consistent performance, with the company raising its 2025 adjusted earnings per share guidance and initiating 2026 guidance. The company's business model relies on regulated utility operations, which provide stable and predictable revenue streams.
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