CMS Energy Corporation (CMS) — Cash Flow Quality Index
CMS Energy Corporation (CMS) has a Cash Flow Quality Index of 2.07x as of March 2026. Operating cash flow of $705.00 Million exceeds net income of $340.00 Million, indicating high earnings quality where cash backs reported profits. Explore CMS cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
CMS Energy Corporation Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for CMS Energy Corporation across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of CMS Energy Corporation to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for CMS Energy Corporation (1994–2025)
Year-by-year earnings quality comparison for CMS Energy Corporation. For live market cap and the full company financial profile, see CMS Energy Corporation market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.09x | $2.23 Billion | $1.07 Billion | ▼ -11.7% |
| 2024 | 2.36x | $2.37 Billion | $1.00 Billion | ▼ -9.3% |
| 2023 | 2.61x | $2.31 Billion | $886.00 Million | ▲ +147.8% |
| 2022 | 1.05x | $855.00 Million | $813.00 Million | ▼ -23.1% |
| 2021 | 1.37x | $1.82 Billion | $1.33 Billion | ▼ -19.4% |
| 2020 | 1.70x | $1.28 Billion | $752.00 Million | ▼ -35.4% |
| 2019 | 2.62x | $1.79 Billion | $682.00 Million | ▲ +1.3% |
| 2018 | 2.59x | $1.70 Billion | $657.00 Million | ▼ -30.1% |
| 2017 | 3.71x | $1.71 Billion | $460.00 Million | ▲ +25.4% |
| 2016 | 2.96x | $1.63 Billion | $551.00 Million | ▼ -5.7% |
| 2015 | 3.14x | $1.64 Billion | $523.00 Million | ▲ +3.4% |
| 2014 | 3.03x | $1.45 Billion | $477.00 Million | ▼ -3.5% |
| 2013 | 3.14x | $1.42 Billion | $452.00 Million | ▼ -5.0% |
| 2012 | 3.31x | $1.24 Billion | $375.00 Million | ▲ +16.9% |
| 2011 | 2.83x | $1.17 Billion | $413.00 Million | ▲ +7.1% |
| 2010 | 2.64x | $959.00 Million | $363.00 Million | ▼ -34.9% |
| 2009 | 4.06x | $848.00 Million | $209.00 Million | ▲ +117.8% |
| 2008 | 1.86x | $559.00 Million | $300.00 Million | ▼ -38.2% |
| 2004 | 3.02x | $398.00 Million | $132.00 Million | ▼ -76.0% |
| 2000 | 12.58x | $453.00 Million | $36.00 Million | ▲ +280.1% |
| 1999 | 3.31x | $917.00 Million | $277.00 Million | ▲ +55.3% |
| 1998 | 2.13x | $516.00 Million | $242.00 Million | ▼ -16.6% |
| 1997 | 2.56x | $624.00 Million | $244.00 Million | ▼ -13.3% |
| 1996 | 2.95x | $661.00 Million | $224.00 Million | ▼ -11.7% |
| 1995 | 3.34x | $682.00 Million | $204.00 Million | ▼ -2.2% |
| 1994 | 3.42x | $612.00 Million | $179.00 Million | — |