Business
CMS Energy Exceeds Earnings Guidance in 2025, Raises 2026 Adjusted EPS Guidance
CMS Energy announced today reported earnings per share of $3.53 for 2025, compared to $3.33 per share for 2024. The company's adjusted earnings per share for 2025 were $3.61, compared to $3.34 per share for 2024, exceeding the guidance range largely due to outperformance at NorthStar Clean Energy. CMS Energy also increased its annual dividend by 11 cents per share to $2.28 for 2026, the 20th increase in as many years.
About this update from Cms Energy Corporation
[{"type":"text","content":"JACKSON, Mich., Feb. 5, 2026 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $3.53 for 2025, compared to $3.33 per share for 2024. The company's adjusted earnings per share for 2025 were $3.61, compared to $3.34 per share for 2024, exceeding the guidance range largely due to outperformance at NorthStar Clean Energy. CMS Energy also increased its annual dividend by 11 cents per share to $2.28 for 2026, the 20th increase in as many years.","length":470,"tagName":"p"},{"type":"image","alt":"CMS Energy Logo","displaySize":"","headline":null,"caption":"CMS Energy Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":184,"url":"https://media.zenfs.com/en/prnewswire.com/4ce291bba83aac7adf6a2e7785cb5b43"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5C5miWZWTbYcnnPgXAWCkw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMyNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4ce291bba83aac7adf6a2e7785cb5b43","width":400,"height":184}},"href":"https://mma.prnewswire.com/media/430503/CMS_Energy_Logo_v2.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"CMS Energy raised its 2026 adjusted earnings guidance to $3.83 to $3.90 from $3.80 to $3.87 per share (*See below for important information about non-GAAP measures) and reaffirmed long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end.","length":275,"tagName":"p"},{"type":"text","content":""CMS Energy had a successful year delivering for all stakeholders in 2025. Our accomplishments include constructive regulatory outcomes, solid cost performance at the Utility and strong results at NorthStar," said Garrick Rochow, President and CEO of CMS Energy and Consumers Energy. "Our customers remain our top priority as the CMS Energy team works every day to improve reliability and affordability."","length":424,"tagName":"p"},{"type":"text","content":"CMS Energy (NYSE: CMS) is a Michigan-based energy provider featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.","length":177,"tagName":"p"},{"type":"text","content":"CMS Energy will hold a webcast to discuss its 2025 year-end results and provide a business and financial outlook on Thursday, February 5, 2026 at 10:00 a.m. (EST). To participate in the w...