CMS Energy Corporation (CMS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CMS Energy Corporation (CMS) has a cash flow conversion efficiency ratio of 0.070x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($705.00 Million) by net assets ($10.05 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CMS Energy Corporation balance sheet independence to measure how much of total assets are equity-financed.
CMS Energy Corporation - Cash Flow Conversion Efficiency Trend (1994–2025)
This chart illustrates how CMS Energy Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CMS Energy Corporation (CMS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
CMS Energy Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CMS Energy Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Packaging Corp of America
NYSE:PKG
|
0.099x |
|
Entegris Inc
NASDAQ:ENTG
|
0.045x |
|
Peric Special Gases Co. Ltd. A
SHG:688146
|
N/A |
|
Fidelity National Information Services Inc
NYSE:FIS
|
0.076x |
|
Pure Storage Inc
NYSE:PSTG
|
-0.269x |
|
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111
|
0.057x |
|
STD BK GRP SP.ADRS RC-10
F:SKCS
|
N/A |
|
Indian Oil Corporation Limited
NSE:IOC
|
0.145x |
Annual Cash Flow Conversion Efficiency for CMS Energy Corporation (1994–2025)
The table below shows the annual cash flow conversion efficiency of CMS Energy Corporation from 1994 to 2025. For the full company profile with market capitalisation and key ratios, see CMS Energy Corporation (CMS) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $9.71 Billion | $2.23 Billion | 0.230x | -15.05% |
| 2024-12-31 | $8.75 Billion | $2.37 Billion | 0.271x | -4.67% |
| 2023-12-31 | $8.12 Billion | $2.31 Billion | 0.284x | +152.44% |
| 2022-12-31 | $7.59 Billion | $855.00 Million | 0.113x | -55.51% |
| 2021-12-31 | $7.19 Billion | $1.82 Billion | 0.253x | +20.52% |
| 2020-12-31 | $6.08 Billion | $1.28 Billion | 0.210x | -40.70% |
| 2019-12-31 | $5.05 Billion | $1.79 Billion | 0.354x | -0.36% |
| 2018-12-31 | $4.79 Billion | $1.70 Billion | 0.355x | -6.66% |
| 2017-12-31 | $4.48 Billion | $1.71 Billion | 0.381x | +0.27% |
| 2016-12-31 | $4.29 Billion | $1.63 Billion | 0.380x | -7.96% |
| 2015-12-31 | $3.98 Billion | $1.64 Billion | 0.413x | +5.70% |
| 2014-12-31 | $3.71 Billion | $1.45 Billion | 0.390x | -4.10% |
| 2013-12-31 | $3.49 Billion | $1.42 Billion | 0.407x | +6.21% |
| 2012-12-31 | $3.24 Billion | $1.24 Billion | 0.383x | +0.72% |
| 2011-12-31 | $3.07 Billion | $1.17 Billion | 0.381x | +12.57% |
| 2010-12-31 | $2.84 Billion | $959.00 Million | 0.338x | +17.12% |
| 2009-12-31 | $2.94 Billion | $848.00 Million | 0.289x | +42.41% |
| 2008-12-31 | $2.76 Billion | $559.00 Million | 0.203x | +1726.40% |
| 2007-12-31 | $2.43 Billion | $27.00 Million | 0.011x | -95.83% |
| 2006-12-31 | $2.59 Billion | $688.00 Million | 0.266x | +29.52% |
| 2005-12-31 | $2.92 Billion | $599.00 Million | 0.205x | +58.24% |
| 2004-12-31 | $3.07 Billion | $398.00 Million | 0.130x | +185.75% |
| 2003-12-31 | $1.66 Billion | $-251.00 Million | -0.151x | -128.45% |
| 2002-12-31 | $1.15 Billion | $614.00 Million | 0.532x | +152.12% |
| 2001-12-31 | $1.98 Billion | $417.00 Million | 0.211x | +14.09% |
| 2000-12-31 | $2.45 Billion | $453.00 Million | 0.185x | -50.46% |
| 1999-12-31 | $2.46 Billion | $917.00 Million | 0.373x | +60.35% |
| 1998-12-31 | $2.22 Billion | $516.00 Million | 0.233x | -26.23% |
| 1997-12-31 | $1.98 Billion | $624.00 Million | 0.316x | -18.73% |
| 1996-12-31 | $1.70 Billion | $661.00 Million | 0.388x | -16.35% |
| 1995-12-31 | $1.47 Billion | $682.00 Million | 0.464x | -16.02% |
| 1994-12-31 | $1.11 Billion | $612.00 Million | 0.553x | -- |
About CMS Energy Corporation
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its di… Read more