CMS Energy Corporation Cash Flow Quality Index

Latest as of June 2026: 6.48x

CMS Energy Corporation cash flow quality index. CMS Energy Corporation (CMS) has a Cash Flow Quality Index of 6.48x as of June 2026. Operating cash flow of $622.00 Million exceeds net income of $96.00 Million, indicating high earnings quality where cash backs reported profits. Explore CMS Energy Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

6.48x
Operating CF / Net Income

Operating Cash Flow

$622.00 Million
USD

Net Income

$96.00 Million
USD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of CMS Energy Corporation (1994–2025)

Cash flow quality index of CMS Energy Corporation from 1994 to 2025. Historical Cash Flow Quality Index for CMS Energy Corporation across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. See CMS Energy Corporation net asset quality index to measure how much of total assets are equity-financed.

CMS Energy Corporation Cash Flow Quality Index by Year (1994–2025)

CMS Energy Corporation cash flow quality index by year from 1994 to 2025. Year-by-year earnings quality comparison for CMS Energy Corporation. For the full cash flow conversion analysis, see how efficiently does CMS Energy Corporation generate cash.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.