CMS Energy Corporation Financial Flexibility Index
CMS Energy Corporation financial flexibility index. CMS Energy Corporation (CMS) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of $1.59 Billion (operating CF $622.00 Million minus capex $967.00 Million) represents 0% of total liabilities ($30.71 Billion). Explore CMS Energy Corporation (CMS) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of CMS Energy Corporation (1994–2025)
Financial flexibility index of CMS Energy Corporation from 1994 to 2025. Historical Financial Flexibility Index trend for CMS Energy Corporation across 32 annual periods. Check cash flow reinvestment rate of CMS Energy Corporation to assess the company's total reinvestment commitment from operating cash flow.
CMS Energy Corporation Financial Flexibility Index by Year (1994–2025)
CMS Energy Corporation financial flexibility index by year from 1994 to 2025. Year-by-year free cash flow to debt coverage for CMS Energy Corporation. For the full cash flow conversion analysis, see CMS operating cash flow.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.20x | $6.06 Billion | $2.23 Billion | $30.68 Billion | ▼ -0.4% |
| 2024 | 0.20x | $5.39 Billion | $2.37 Billion | $27.17 Billion | ▼ -8.9% |
| 2023 | 0.22x | $5.53 Billion | $2.31 Billion | $25.39 Billion | ▲ +55.0% |
| 2022 | 0.14x | $3.34 Billion | $855.00 Million | $23.76 Billion | ▼ -24.8% |
| 2021 | 0.19x | $4.03 Billion | $1.82 Billion | $21.57 Billion | ▲ +18.3% |
| 2020 | 0.16x | $3.72 Billion | $1.28 Billion | $23.59 Billion | ▼ -14.6% |
| 2019 | 0.18x | $4.03 Billion | $1.79 Billion | $21.78 Billion | ▼ -3.4% |
| 2018 | 0.19x | $3.78 Billion | $1.70 Billion | $19.74 Billion | ▲ +5.5% |
| 2017 | 0.18x | $3.37 Billion | $1.71 Billion | $18.57 Billion | ▼ -4.7% |
| 2016 | 0.19x | $3.30 Billion | $1.63 Billion | $17.33 Billion | ▼ -2.7% |
| 2015 | 0.20x | $3.20 Billion | $1.64 Billion | $16.36 Billion | ▲ +0.2% |
| 2014 | 0.20x | $3.02 Billion | $1.45 Billion | $15.48 Billion | ▼ -0.9% |
| 2013 | 0.20x | $2.75 Billion | $1.42 Billion | $13.93 Billion | ▲ +11.0% |
| 2012 | 0.18x | $2.47 Billion | $1.24 Billion | $13.89 Billion | ▲ +15.9% |
| 2011 | 0.15x | $2.05 Billion | $1.17 Billion | $13.38 Billion | ▲ +10.0% |
| 2010 | 0.14x | $1.78 Billion | $959.00 Million | $12.78 Billion | ▲ +3.0% |
| 2009 | 0.14x | $1.67 Billion | $848.00 Million | $12.32 Billion | ▲ +21.6% |
| 2008 | 0.11x | $1.35 Billion | $559.00 Million | $12.14 Billion | ▼ -6.7% |
| 2007 | 0.12x | $1.40 Billion | $27.00 Million | $11.76 Billion | ▲ +12.3% |
| 2006 | 0.11x | $1.36 Billion | $688.00 Million | $12.79 Billion | ▲ +16.8% |
| 2005 | 0.09x | $1.19 Billion | $599.00 Million | $13.10 Billion | ▲ +26.2% |
| 2004 | 0.07x | $923.00 Million | $398.00 Million | $12.81 Billion | ▲ +209.1% |
| 2003 | 0.02x | $284.00 Million | $-251.00 Million | $12.18 Billion | ▼ -78.1% |
| 2002 | 0.11x | $1.36 Billion | $614.00 Million | $12.76 Billion | ▼ -3.9% |
| 2001 | 0.11x | $1.68 Billion | $417.00 Million | $15.13 Billion | ▲ +0.2% |
| 2000 | 0.11x | $1.49 Billion | $453.00 Million | $13.40 Billion | ▼ -29.4% |
| 1999 | 0.16x | $2.04 Billion | $917.00 Million | $13.01 Billion | ▼ -21.2% |
| 1998 | 0.20x | $1.81 Billion | $516.00 Million | $9.09 Billion | ▲ +19.5% |
| 1997 | 0.17x | $1.30 Billion | $624.00 Million | $7.82 Billion | ▼ -12.8% |
| 1996 | 0.19x | $1.32 Billion | $661.00 Million | $6.91 Billion | ▲ +4.7% |
| 1995 | 0.18x | $1.22 Billion | $682.00 Million | $6.67 Billion | ▼ -3.6% |
| 1994 | 0.19x | $1.19 Billion | $612.00 Million | $6.28 Billion | — |