Name | Value |
---|---|
Revenues | 1,950.0M |
Cost of Revenue | 1,117.0M |
Gross Profit | 833.0M |
Operating Expense | 427.0M |
Operating I/L | 406.0M |
Other Income/Expense | 83.0M |
Interest Income | 0.0M |
Pretax | 317.0M |
Income Tax Expense | 66.0M |
Net Income/Loss | 309.0M |
CMS Energy Corporation operates as an energy company in Michigan, serving 1.9 million electric and 1.8 million gas customers. The company's Electric Utility segment generates, transmits, and distributes electricity through various sources including coal, wind, gas, renewable energy, oil, and nuclear. The Gas Utility segment purchases, transmits, stores, and distributes natural gas. The Enterprises segment focuses on independent power production and marketing, including renewable generation. CMS Energy primarily makes money through the sale of electricity and natural gas to residential, commercial, and industrial customers.