Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
CMS Energy received$400 Mil more from issuing new shares than it paid to buy back shares.
It received$133 Mil from issuing more debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$308 Mil paying cash dividends to shareholders.
It spent$2 Mil on other financial activities.
In all, CMS Energyearned$223 Mil on financial activities for the
three
months ended in Mar. 2026.
CMS Energy (NYSE:CMS) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
CMS Energy's issuance of stock for the
three
months ended in Mar. 2026 was $400 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
CMS Energy's repurchase of stock for the
three
months ended in Mar. 2026 was $0 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
CMS Energy's net issuance of debt for the
three
months ended in Mar. 2026 was $133 Mil.
CMS Energy received$133 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
CMS Energy's net issuance of preferred for the
three
months ended in Mar. 2026 was $0 Mil.
CMS Energy paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
CMS Energy's cash flow for dividends for the
three
months ended in Mar. 2026 was $-308 Mil.
CMS Energy spent$308 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
CMS Energy's other financing for the
three
months ended in Mar. 2026 was $-2 Mil.
CMS Energy spent$2 Mil on other financial activities.
CMS Energy Cash Flow from Financing Related Terms
CMS Energy Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for CMS Energy's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
CMS Energy's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,692 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Financing of $2,692 Mil mean?
CMS Energy (CMS) has a Cash Flow from Financing of $2,692 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for CMS Energy and its competitors.
Is CMS Energy's Cash Flow from Financing too high?
CMS Energy's current Cash Flow from Financing is $2,692 Mil. Overall, CMS Energy has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Cash Flow from Financing compare to ES and PPL?
CMS Energy's Cash Flow from Financing of $2,692 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for an Utilities - Regulated company?
A good Cash Flow from Financing depends on the Utilities - Regulated industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for CMS Energy and its competitors. CMS Energy's current Cash Flow from Financing is $2,692 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $76.06, compared to a current price of $76.29 — trading 0.3% above its estimated fair value. The current Cash Flow from Financing is $2,692 Mil. CMS Energy's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For CMS Energy (CMS), the current Cash Flow from Financing is $2,692 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CMS Energy (CMS) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be overvalued.
The current stock price of $76.29 is trading 0.3% above its estimated GF Value™ of $76.06.
GuruFocus considers CMS Energy to be Fairly Valued.
Key valuation signals for CMS:
Cash Flow from Financing: $2,692 Mil
GF Value™: $76.06 vs. price of $76.29 (0.3% above fair value)
No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
71GF Score
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Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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