CMS Energy (CMS) 10-K Summary — Year Ended Dec 31, 2023
The filing covers the company's annual results for the reported period. Revenue was lower than the previous year, while operating income, net income, and operating cash flow were disclosed.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing covers the company's annual results for the reported period. Revenue was lower than the previous year, while operating income, net income, and operating cash flow were disclosed.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$7.3B
Revenue reported for the fiscal year.
Operating income
$1.2B
Income from operations reported for the year.
Net income
$887M
Net income reported for the year.
Operating cash flow
$2.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $7.1B | n/a |
| Dec 31, 2022 | $8.3B | +17.6% |
| Dec 31, 2023 | $7.3B | -12.7% |
Business overview
The filing references a business overview section but does not include its text; the company's name is CMS Energy Corporation.
Financial performance
Revenue declined compared to the prior year, and the trend shows it was below the previous year's level but above the level two years prior. Operating income, net income, and operating cash flow are reported.
Material risks
The filing references a risk factors section but does not provide specific risk descriptions.
Liquidity and capital
No liquidity or capital allocation discussion is included in the supplied data.
What to watch
The next filing should include the full text of the business overview and risk factors.