Name | Value |
---|---|
Revenues | 1,555.0M |
Cost of Revenue | 959.0M |
Gross Profit | 596.0M |
Operating Expense | 352.0M |
Operating I/L | 244.0M |
Other Income/Expense | -14.0M |
Interest Income | 0.0M |
Pretax | 230.0M |
Income Tax Expense | 41.0M |
Net Income/Loss | 198.0M |
Consumers Energy Company operates as an electric and gas utility in Michigan, generating, transmitting, and distributing electricity and natural gas to residential, commercial, and industrial customers. The Electric Utility segment utilizes various sources including coal, wind, gas, renewable energy, oil, and nuclear to generate electricity, while the Gas Utility segment focuses on the purchase, transmission, storage, and distribution of natural gas. With extensive infrastructure including transmission lines, distribution mains, and compressor stations, the company serves its customers through its energy products and services, contributing to its revenue streams.