CMS Energy Corp - Company Profile
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CMS Energy Corp (CMS Energy) is an energy utility, which provides electricity, natural gas, and banking services. It generates, procures, transmits, distributes and sells energy. It produces power from coal, hydro, oil and gas, wind and solar sources. CMS Energy purchases, transmits, stores, distributes and sells natural gas. It procures natural gas from Canadian producers and gas customer choice (GCC) suppliers. Through its subsidiaries and equity investments, the company owns interest in power generation facilities, and purchases and sells energy commodities. The company serves individuals and businesses in the alternative energy, chemical, automotive, metal, food products and other industries in Michigan. CMS Energy is headquartered in Jackson, Michigan, the US.
Headquarters
United States of America
Address
One Energy Plaza, Jackson, Michigan, 49201
Website
www.cmsenergy.com
Telephone
1 517 7880550
No of Employees
8,350
Industry
Power
Ticker Symbol & Exchange
CMS (NYSE)
Revenue (2024)
$8.5B
13.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
6.8%
(2024 vs 2023)
Market Cap*
$23.2B
Net Profit Margin (2024)
XYZ
-6.1%
(2024 vs 2023)
* As of and is in US$
CMS Energy Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Ancillary Services |
| Natural gas | Power and Marketing Services |
| Wind | Unsecured Consumer Installment Loans |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In March, the company's subsidiary NorthStar Clean Energy completed project financing of up to US$334 million for the branch solar and Genesee solar projects in the US. |
| 2024 | Corporate Changes/Expansions | In July, the company announced the relocation of its headquarters. |
| 2024 | Plans/Strategy | In July the company announced its plans to power 1,500 public fast charging locations for electric vehicles. |
Competitor Comparison
| Key Parameters | CMS Energy Corp | American Electric Power Co Inc | DTE Energy Co | WEC Energy Group Inc | Ameren Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Jackson | Columbus | Detroit | Milwaukee | St. Louis |
| State/Province | Michigan | Ohio | Michigan | Wisconsin | Missouri |
| No. of Employees | 8,350 | 17,581 | 9,650 | 7,017 | 8,913 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John G. Russell | Chairman | Executive Board | 2016 | 68 |
| Garrick J. Rochow | Chief Executive Officer; President; Director | Executive Board | 2020 | 51 |
| Scott B. McIntosh | Vice President; Controller; Chief Accounting Officer | Senior Management | 2021 | 50 |
| Angela Thompkins | Vice President - External Affairs and Media Relations; Chief Diversity Officer | Senior Management | 2020 | - |
| Srikanth Maddipati | Executive Vice President; Chief Financial Officer - CMS Energy corporation and Consumers energycompany | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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