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 long-term investment intensity of CMS Energy Corporation to see how much of total assets are deployed in long-term investments.
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 tangible net worth ratio of CMS Energy Corporation to evaluate the tangible quality of the company's equity base.
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 | — |