CMS Historical Income Statement
CMSA Stock | USD 24.88 0.10 0.40% |
Historical analysis of CMS Energy income statement accounts such as Gross Profit of 2.4 B, Operating Income of 1 B or Ebit of 932.4 M can show how well CMS Energy Corp performed in making a profits. Evaluating CMS Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CMS Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CMS Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CMS Energy Corp is a good buy for the upcoming year.
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About CMS Income Statement Analysis
CMS Energy Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CMS Energy shareholders. The income statement also shows CMS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CMS Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts CMS Energy Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of CMS Energy Corp minus its cost of goods sold. It is profit before CMS Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from CMS Energy Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CMS Energy Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from CMS Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CMS Energy Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.At present, CMS Energy's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 6.3 B, whereas Total Revenue is forecasted to decline to about 6.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 7.7B | 2.9B | 2.4B | Total Revenue | 7.3B | 8.6B | 7.5B | 6.3B |
CMS Energy income statement Correlations
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CMS Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 6.8B | 6.4B | 7.3B | 8.6B | 7.5B | 6.3B | |
Gross Profit | 2.6B | 1.6B | 1.5B | 7.7B | 2.9B | 2.4B | |
Operating Income | 356M | 1.2B | 1.1B | 932M | 1.2B | 1.0B | |
Ebit | 356M | 1.3B | 1.3B | 1.4B | 1.4B | 932.4M | |
Ebitda | 1.3B | 2.4B | 2.4B | 2.5B | 2.5B | 1.3B | |
Net Income | 680M | 755M | 1.4B | 809M | 887M | 931.4M | |
Income Tax Expense | 424M | 115M | 147M | 95M | 93M | 100.3M | |
Depreciation And Amortization | 992M | 1.0B | 1.1B | 1.1B | 1.1B | 741.8M | |
Other Operating Expenses | 5.6B | 5.2B | 6.2B | 8.3B | 6.2B | 6.3B | |
Total Operating Expenses | 5.6B | 357M | 389M | 7.4B | 1.6B | 1.5B | |
Income Before Tax | 829M | 809M | 823M | 902M | 954M | 1.0B | |
Total Other Income Expense Net | 473M | (421M) | (323M) | (322M) | (281M) | (267.0M) | |
Interest Expense | 519M | 561M | 500M | 12M | 643M | 472.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CMS Energy Corp is a strong investment it is important to analyze CMS Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CMS Energy's future performance. For an informed investment choice regarding CMS Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMS Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CMS Energy. If investors know CMS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CMS Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.355 |
The market value of CMS Energy Corp is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.