CMS Energy Corporation Net Asset Quality Index
CMS Energy Corporation net asset quality index. CMS Energy Corporation (CMS) has a Net Asset Quality Index of 25.3% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $41.10 Billion minus total liabilities of $30.71 Billion yields net assets of $10.39 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check earnings quality score of CMS Energy Corporation to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of CMS Energy Corporation (1994–2025)
Net asset quality index of CMS Energy Corporation from 1994 to 2025. This chart shows how CMS Energy Corporation's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the index stands at 25.3%, representing net assets of $10.39 Billion against total assets of $41.10 Billion USD. See CMS net assets for net asset value and shareholders' equity analysis.
CMS Energy Corporation Net Asset Quality Index by Year (1994–2025)
CMS Energy Corporation net asset quality index by year from 1994 to 2025. The table below presents the year-by-year Net Asset Quality Index for CMS Energy Corporation from 1994 to 2025, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see CMS Energy Corporation market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 24.0% | $9.71 Billion | $40.39 Billion | $30.68 Billion | ▼ -0.3 pp |
| 2024 | 24.4% | $8.75 Billion | $35.92 Billion | $27.17 Billion | ▲ +0.1 pp |
| 2023 | 24.2% | $8.12 Billion | $33.52 Billion | $25.39 Billion | ▲ +0.0 pp |
| 2022 | 24.2% | $7.59 Billion | $31.35 Billion | $23.76 Billion | ▼ -0.8 pp |
| 2021 | 25.0% | $7.19 Billion | $28.75 Billion | $21.57 Billion | ▲ +4.5 pp |
| 2020 | 20.5% | $6.08 Billion | $29.67 Billion | $23.59 Billion | ▲ +1.6 pp |
| 2019 | 18.8% | $5.05 Billion | $26.84 Billion | $21.78 Billion | ▼ -0.7 pp |
| 2018 | 19.5% | $4.79 Billion | $24.53 Billion | $19.74 Billion | ▲ +0.1 pp |
| 2017 | 19.4% | $4.48 Billion | $23.05 Billion | $18.57 Billion | ▼ -0.4 pp |
| 2016 | 19.8% | $4.29 Billion | $21.62 Billion | $17.33 Billion | ▲ +0.3 pp |
| 2015 | 19.5% | $3.98 Billion | $20.34 Billion | $16.36 Billion | ▲ +0.2 pp |
| 2014 | 19.3% | $3.71 Billion | $19.18 Billion | $15.48 Billion | ▼ -0.7 pp |
| 2013 | 20.0% | $3.49 Billion | $17.42 Billion | $13.93 Billion | ▲ +1.1 pp |
| 2012 | 18.9% | $3.24 Billion | $17.13 Billion | $13.89 Billion | ▲ +0.2 pp |
| 2011 | 18.7% | $3.07 Billion | $16.45 Billion | $13.38 Billion | ▲ +0.5 pp |
| 2010 | 18.2% | $2.84 Billion | $15.62 Billion | $12.78 Billion | ▼ -1.1 pp |
| 2009 | 19.3% | $2.94 Billion | $15.26 Billion | $12.32 Billion | ▲ +0.7 pp |
| 2008 | 18.5% | $2.76 Billion | $14.90 Billion | $12.14 Billion | ▲ +1.4 pp |
| 2007 | 17.1% | $2.43 Billion | $14.20 Billion | $11.76 Billion | ▲ +0.3 pp |
| 2006 | 16.8% | $2.59 Billion | $15.37 Billion | $12.79 Billion | ▼ -1.4 pp |
| 2005 | 18.2% | $2.92 Billion | $16.02 Billion | $13.10 Billion | ▼ -1.1 pp |
| 2004 | 19.3% | $3.07 Billion | $15.87 Billion | $12.81 Billion | ▲ +7.3 pp |
| 2003 | 12.0% | $1.66 Billion | $13.84 Billion | $12.18 Billion | ▲ +3.7 pp |
| 2002 | 8.3% | $1.15 Billion | $13.91 Billion | $12.76 Billion | ▼ -3.3 pp |
| 2001 | 11.6% | $1.98 Billion | $17.10 Billion | $15.13 Billion | ▼ -3.9 pp |
| 2000 | 15.5% | $2.45 Billion | $15.85 Billion | $13.40 Billion | ▼ -0.4 pp |
| 1999 | 15.9% | $2.46 Billion | $15.46 Billion | $13.01 Billion | ▼ -3.7 pp |
| 1998 | 19.6% | $2.22 Billion | $11.31 Billion | $9.09 Billion | ▼ -0.6 pp |
| 1997 | 20.2% | $1.98 Billion | $9.79 Billion | $7.82 Billion | ▲ +0.4 pp |
| 1996 | 19.8% | $1.70 Billion | $8.62 Billion | $6.91 Billion | ▲ +1.7 pp |
| 1995 | 18.0% | $1.47 Billion | $8.14 Billion | $6.67 Billion | ▲ +3.0 pp |
| 1994 | 15.0% | $1.11 Billion | $7.38 Billion | $6.28 Billion | — |