CMS Energy Corporation (CMS) — Cash Flow Reinvestment Rate
CMS Energy Corporation (CMS) has a Cash Flow Reinvestment Rate of 1.47x as of March 2026, reinvesting $1.04 Billion (capex $1.04 Billion ) from operating cash flow of $705.00 Million. Explore CMS Energy Corporation capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
CMS Energy Corporation Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for CMS Energy Corporation across 31 annual periods. Also explore how large is CMS Energy Corporation's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for CMS Energy Corporation (1994–2025)
Year-by-year capital reinvestment analysis for CMS Energy Corporation. For live market cap and broader valuation context, see CMS market cap overview.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.71x | $3.82 Billion | $2.23 Billion | $3.82 Billion | ▼ -33.2% |
| 2024 | 2.56x | $6.07 Billion | $2.37 Billion | $3.02 Billion | ▼ -10.4% |
| 2023 | 2.86x | $6.61 Billion | $2.31 Billion | $3.22 Billion | ▼ -50.7% |
| 2022 | 5.80x | $4.96 Billion | $855.00 Million | $2.48 Billion | ▲ +206.4% |
| 2021 | 1.89x | $3.44 Billion | $1.82 Billion | $2.21 Billion | ▼ -54.6% |
| 2020 | 4.17x | $5.32 Billion | $1.28 Billion | $2.45 Billion | ▲ +47.6% |
| 2019 | 2.82x | $5.05 Billion | $1.79 Billion | $2.24 Billion | ▲ +95.4% |
| 2018 | 1.44x | $2.46 Billion | $1.70 Billion | $2.07 Billion | ▲ +40.5% |
| 2017 | 1.03x | $1.75 Billion | $1.71 Billion | $1.67 Billion | ▼ -7.4% |
| 2016 | 1.11x | $1.81 Billion | $1.63 Billion | $1.67 Billion | ▲ +1.4% |
| 2015 | 1.09x | $1.79 Billion | $1.64 Billion | $1.56 Billion | ▼ -13.6% |
| 2014 | 1.27x | $1.83 Billion | $1.45 Billion | $1.58 Billion | ▲ +22.9% |
| 2013 | 1.03x | $1.46 Billion | $1.42 Billion | $1.32 Billion | ▲ +4.2% |
| 2012 | 0.99x | $1.23 Billion | $1.24 Billion | $1.23 Billion | ▲ +31.0% |
| 2011 | 0.75x | $882.00 Million | $1.17 Billion | $882.00 Million | ▼ -11.9% |
| 2010 | 0.86x | $821.00 Million | $959.00 Million | $821.00 Million | ▼ -11.3% |
| 2009 | 0.96x | $818.00 Million | $848.00 Million | $818.00 Million | ▼ -31.9% |
| 2008 | 1.42x | $792.00 Million | $559.00 Million | $792.00 Million | ▼ -97.2% |
| 2007 | 50.96x | $1.38 Billion | $27.00 Million | $1.38 Billion | ▲ +5133.2% |
| 2006 | 0.97x | $670.00 Million | $688.00 Million | $670.00 Million | ▼ -1.6% |
| 2005 | 0.99x | $593.00 Million | $599.00 Million | $593.00 Million | ▼ -24.9% |
| 2004 | 1.32x | $525.00 Million | $398.00 Million | $525.00 Million | ▲ +8.4% |
| 2002 | 1.22x | $747.00 Million | $614.00 Million | $747.00 Million | ▼ -59.8% |
| 2001 | 3.03x | $1.26 Billion | $417.00 Million | $1.26 Billion | ▲ +32.8% |
| 2000 | 2.28x | $1.03 Billion | $453.00 Million | $1.03 Billion | ▲ +85.9% |
| 1999 | 1.23x | $1.12 Billion | $917.00 Million | $1.12 Billion | ▼ -51.2% |
| 1998 | 2.51x | $1.29 Billion | $516.00 Million | $1.29 Billion | ▲ +131.0% |
| 1997 | 1.09x | $678.00 Million | $624.00 Million | $678.00 Million | ▲ +9.0% |
| 1996 | 1.00x | $659.00 Million | $661.00 Million | $659.00 Million | ▲ +27.1% |
| 1995 | 0.78x | $535.00 Million | $682.00 Million | $535.00 Million | ▼ -16.5% |
| 1994 | 0.94x | $575.00 Million | $612.00 Million | $575.00 Million | — |