CMS Energy Corporation (CMS) — Cash Flow Reinvestment Rate
CMS Energy Corporation (CMS) has a Cash Flow Reinvestment Rate of 1.55x as of June 2026, reinvesting $967.00 Million (capex $967.00 Million ) from operating cash flow of $622.00 Million. See CMS Energy Corporation (CMS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see CMS Energy Corporation operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for CMS Energy Corporation (1994–2025)
Year-by-year capital reinvestment analysis for CMS Energy Corporation. See CMS Energy Corporation (CMS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| 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 | — |