CMS Energy

At a glance

CMS Energy reported 2025 revenue of $8.3B, up 13.5% from $7.32B in 2024. Over 4 years since 2021 ($7.08B), that is growth of about 4.1% a year. Operating margin was 20.8%, up from 16.2% in 2021. Revenue peaked in 2022 at $8.32B.

In the last 12 months 5 insiders reported 2 open-market purchases ($168K) and 5 sales ($2.1M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $1.1M by Director John G Russell on Feb 23, 2026. Net, insiders were sellers of $1.9M.

CMS Energy filed 13 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), other events (4), officer or director change (2) and bylaws or fiscal year change (1). The latest officer or director change was reported on Jun 3, 2026. It reported a material agreement or a completed acquisition or disposal 1 time.

2 of the 20 investors tracked here held CMS Energy at the last quarter end, worth $77.5M combined. It is the largest weight for Soros Fund Management (1.2% of its portfolio), followed by National Pension Service (Korea) (0%). Added: National Pension Service (Korea). Reduced: Soros Fund Management.

Annual results

Fiscal year ends Dec 31 · incorporated in MI

Tracked investors holding (13F)

Weight is the share of each investor's portfolio, as of the quarter end.