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Dec 31, 2021

CMS Energy Q4 2021 Earnings Report

CMS Energy announced strong 2021 results and raised 2022 adjusted EPS guidance.

Key Takeaways

CMS Energy reported strong 2021 results, with earnings per share of $4.66 and adjusted earnings per share of $2.65. The company also raised its 2022 adjusted earnings guidance to $2.85 to $2.89 per share and reaffirmed long-term adjusted EPS growth of 6 to 8 percent.

CMS Energy reported earnings per share of $4.66 for 2021.

Adjusted earnings per share were $2.65 for 2021.

The company increased its annual dividend by 10 cents per share to $1.84 for 2022.

CMS Energy raised its 2022 adjusted earnings guidance to $2.85 to $2.89 per share.

Total Revenue
$2.03B
Previous year: $1.73B
+17.7%
EPS
$2.2
Previous year: $0.55
+300.0%
Gross Profit
$585M
Previous year: $728M
-19.6%
Cash and Equivalents
$452M
Previous year: $32M
+1312.5%
Free Cash Flow
-$298M
Previous year: -$488M
-38.9%
Total Assets
$28.8B
Previous year: $29.7B
-3.1%

CMS Energy

CMS Energy

Forward Guidance

CMS Energy raised its 2022 adjusted earnings guidance to $2.85 to $2.89 per share, from $2.85 to $2.87 per share and reaffirmed long-term adjusted EPS growth of 6 to 8 percent, with continued confidence toward the high end of the adjusted EPS growth range.