CMS Energy Corporation Free Cash Flow Generation Index
CMS Energy Corporation free cash flow generation index. CMS Energy Corporation (CMS) has a Free Cash Flow Generation Index of -0.55x as of June 2026. Free cash flow of $-345.00 Million represents -1% of operating cash flow ($622.00 Million). Check CMS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of CMS Energy Corporation (1994–2025)
Free cash flow generation index of CMS Energy Corporation from 1994 to 2025. Historical FCF Generation Index trend for CMS Energy Corporation across 31 annual periods. Explore capital reinvestment ratio of CMS Energy Corporation to see what proportion of operating cash flow is directed to capital expenditures.
CMS Energy Corporation Free Cash Flow Generation Index by Year (1994–2025)
CMS Energy Corporation free cash flow generation index by year from 1994 to 2025. Year-by-year Free Cash Flow Generation Index for CMS Energy Corporation. For the full cash flow conversion analysis, see cash flow conversion of CMS Energy Corporation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.71x | $-1.59 Billion | $2.23 Billion | $3.82 Billion | ▼ -160.0% |
| 2024 | -0.27x | $-648.00 Million | $2.37 Billion | $3.02 Billion | ▲ +30.6% |
| 2023 | -0.39x | $-910.00 Million | $2.31 Billion | $3.22 Billion | ▲ +79.3% |
| 2022 | -1.90x | $-1.63 Billion | $855.00 Million | $2.48 Billion | ▼ -787.0% |
| 2021 | -0.21x | $-390.00 Million | $1.82 Billion | $2.21 Billion | ▲ +76.7% |
| 2020 | -0.92x | $-1.17 Billion | $1.28 Billion | $2.45 Billion | ▼ -268.6% |
| 2019 | -0.25x | $-446.00 Million | $1.79 Billion | $2.24 Billion | ▼ -14.4% |
| 2018 | -0.22x | $-371.00 Million | $1.70 Billion | $2.07 Billion | ▼ -1028.6% |
| 2017 | 0.02x | $40.00 Million | $1.71 Billion | $1.67 Billion | ▲ +188.9% |
| 2016 | -0.03x | $-43.00 Million | $1.63 Billion | $1.67 Billion | ▼ -157.0% |
| 2015 | 0.05x | $76.00 Million | $1.64 Billion | $1.56 Billion | ▲ +151.6% |
| 2014 | -0.09x | $-130.00 Million | $1.45 Billion | $1.58 Billion | ▼ -233.0% |
| 2013 | 0.07x | $96.00 Million | $1.42 Billion | $1.32 Billion | ▲ +498.9% |
| 2012 | 0.01x | $14.00 Million | $1.24 Billion | $1.23 Billion | ▼ -95.4% |
| 2011 | 0.25x | $287.00 Million | $1.17 Billion | $882.00 Million | ▲ +70.6% |
| 2010 | 0.14x | $138.00 Million | $959.00 Million | $821.00 Million | ▲ +306.8% |
| 2009 | 0.04x | $30.00 Million | $848.00 Million | $818.00 Million | ▲ +108.5% |
| 2008 | -0.42x | $-233.00 Million | $559.00 Million | $792.00 Million | ▲ +99.2% |
| 2007 | -49.96x | $-1.35 Billion | $27.00 Million | $1.38 Billion | ▼ -191069.5% |
| 2006 | 0.03x | $18.00 Million | $688.00 Million | $670.00 Million | ▲ +161.2% |
| 2005 | 0.01x | $6.00 Million | $599.00 Million | $593.00 Million | ▲ +103.1% |
| 2004 | -0.32x | $-127.00 Million | $398.00 Million | $525.00 Million | ▼ -47.3% |
| 2002 | -0.22x | $-133.00 Million | $614.00 Million | $747.00 Million | ▲ +89.3% |
| 2001 | -2.03x | $-845.00 Million | $417.00 Million | $1.26 Billion | ▼ -58.5% |
| 2000 | -1.28x | $-579.00 Million | $453.00 Million | $1.03 Billion | ▼ -466.2% |
| 1999 | -0.23x | $-207.00 Million | $917.00 Million | $1.12 Billion | ▲ +85.0% |
| 1998 | -1.51x | $-779.00 Million | $516.00 Million | $1.29 Billion | ▼ -1644.5% |
| 1997 | -0.09x | $-54.00 Million | $624.00 Million | $678.00 Million | ▼ -2960.1% |
| 1996 | 0.00x | $2.00 Million | $661.00 Million | $659.00 Million | ▼ -98.6% |
| 1995 | 0.22x | $147.00 Million | $682.00 Million | $535.00 Million | ▲ +256.5% |
| 1994 | 0.06x | $37.00 Million | $612.00 Million | $575.00 Million | — |