Consumers Energy Company

Consumers Energy Company

CMS-PB
Consumers Energy CompanyUS flagNew York Stock Exchange
77.11
USD
-0.07
- -
6.49BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
6,321
6,800
6,165
6,064
6,222
6,464
6,376
6,189
7,021
8,151
7,166
7,200
8,132
7,664
Operating Margin (%)
17.69
16.69
18.48
19.74
20.12
16.48
17.72
19.73
16.74
15.13
17.69
21.04
21.75
21.63
Depreciation Expense
622
678
744
803
881
933
989
1,043
1,077
1,088
1,137
1,191
1,254
1,225
Net Income, GAAP
534
567
594
616
632
705
743
816
868
945
867
1,009
1,129
1,090
Effective Tax Rate (%)
39.32
35.05
33.71
34.19
34.91
16.77
19.94
17.49
15.23
12.9
15.66
16.54
20.32
17.86
Profit Margin (%)
8.45
8.34
9.64
10.16
10.16
10.91
11.65
13.18
12.36
11.59
12.1
14.01
13.88
14.22
Working Capital
677
967
198
-152
-161
362
160
-247
-367
365
31
82
-509
352
LT Debt
4,717
5,277
5,301
5,363
5,652
6,848
7,124
7,798
8,096
9,237
10,500
11,710
12,610
12,671
Total Equity
4,857
5,277
5,546
5,939
6,488
6,920
7,737
8,556
9,279
10,155
10,800
11,431
12,578
11,698
Return on Invested Capital (%)
6.83
6.98
6.69
6.55
6.36
6.44
6.04
6.09
5.51
5.41
4.89
5.38
5.51
5.61
Return on Capital (%)
10.79
10.61
10.27
10.09
9.91
10.8
10.27
10.37
10.2
10.17
9.59
10.02
10.11
9.68
Return on Common Equity (%)
35.42
34.9
34.18
33.22
32.14
33.33
32.51
33.33
33.27
34.14
29.48
32.22
33.69
33.68

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
521
458
576
LT Borrowings
11,641
11,599
12,585
LT Finance Leases
69
68
86
Preferred Equity and Hybrid Capital
37
37
37
Shares Outstanding
84
84
84
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,674
2,310
2,883
Cash, Cash Equivalents & STI
44
61
599
Accounts Receivable, Net
1,036
992
894
Inventories
756
570
723
Total Current Liabilities
2,592
2,209
2,531
Payables & Accruals
1,775
1,490
1,710
ST Debt
521
458
576
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.55%
8.02%
10.03%
Free Cash Flow
8.68%
23.72%
-12%
Net Income, GAAP
6.83%
7.05%
11.89%
Sales/Revenue/Turnover
3.14%
6.17%
12.94%
Total Cash Common Dividend
8.22%
15.9%
12.96%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,097
1,533
1,661
1,909
7,200
2025
2,348
1,746
2,125
- -
8,132
2026
2,612
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Garrick J. Rochow
Full Time Employees
8,090
Sector
Utilities
Industry
Regulated Electric
Address
One Energy Plaza Jackson MI United States of America 49201
IPO Date
Nov 7, 1972
Business
Consumers Energy Company (CMS-PB) is a regulated utility providing electric and natural gas services to approximately 6.8 million residential, commercial, and industrial customers across Michigan's Lower Peninsula and Upper Peninsula. The company offers electricity distribution and transmission through its grid infrastructure; natural gas distribution via pipelines serving residential heating, commercial cooking, and industrial processes; energy efficiency programs including rebates for appliances and smart thermostats; renewable energy sourcing from wind, solar, and hydroelectric facilities; advanced metering infrastructure for real-time usage tracking; and customer support services such as bill payment plans and outage management apps. Headquartered in Jackson, Michigan, and founded in 1909 as Commonwealth Power Company before evolving through mergers, Consumers Energy operates primarily within the U.S. Midwest region, with a focus on the MISO (Midcontinent Independent System Operator) market for wholesale power transactions. In recent developments, Consumers Energy announced a major strategic shift in 2024 with its "Clean Energy Plan," committing to achieve net-zero carbon emissions by 2040 through accelerated coal plant retirements, expanded battery storage projects, and 8 gigawatts of new solar capacity by 2040, including partnerships with developers like DTE Electric for grid modernization. The company completed the acquisition of additional wind farm assets in 2024, enhancing its renewable portfolio to over 3,000 megawatts, and secured a $200 million federal grant in late 2024 for EV charging infrastructure expansion in collaboration with the U.S. Department of Energy. Additionally, in early 2025, Consumers Energy launched a new hydrogen blending pilot program for natural gas lines and formed an alliance with General Motors to electrify commercial fleets, marking significant operational expansions amid regulatory approvals from the Michigan Public Service Commission.