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CMS Energy Stock Price

43.86 +0.85 +1.98% Volume: 3,918,740 02.23.18 04:01 ET


Working with legislators and regulators to make decisions and help solve energy-related challenges.


Our vast underground storage fields position us to help customers benefit from the emergence of natural gas.


We’ve pledged to increase spending with Michigan businesses by $5 billion over five years.

CMS Energy Stock Price

23Feb2018 04:01 ET 43.86 +0.85 +1.98% Volume: 3,918,740

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Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at

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Our View on Governance

CMS Energy Corporation (“CMS” or the “Corporation”), including its principal subsidiary Consumers Energy Company (the "Company"), recognizes the importance of strong corporate values for itself and its subsidiaries and is committed to the highest standards of corporate governance and business ethics.  "Corporate governance” refers to our leaders, corporate controls and governing documents, decision-making processes and board and management accountability.  Our governance practices are periodically reviewed by the Governance and Responsibility Committees and updates are made accordingly.

The following highlights illustrate our commitment to good governance:

  • All Board Members other than the Chief Executive Officer and Chairman are independent
  • Our Chairman of the Board is separate from the Chief Executive Officer and we have appointed a Presiding Director
  • All Directors and Officers must own and retain CMS Stock, ensuring alignment with shareholder interests
  • The Board and its Committees annually evaluate their performance and periodically conduct peer evaluations of individual directors

Our charter documents include the Articles of Incorporation and the Amended and Restated Bylaws.  The Board of Directors has also adopted Corporate Governance Principles and Codes of Conduct.

To learn more about our governance structure, use the navigation at the top to view our Governance Documents, in addition to viewing the directors and officers information and our compliance and ethics commitment.

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