Skip to main content

CMS ENERGY CORP

For the period ended Dec 31, 2024. Filed Feb 11, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 11, 2025

CMS$69.55+0.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

Annual Reports on Form 10‑K to the Securities and Exchange Commission for the Year Ended December 31, 2024

Glossary2
Filing Format13
Forward-looking Statements and Information13
Part I17
Item 1.Business17
Item 1A.Risk Factors38
Item 1B.Unresolved Staff Comments50
Item 1C.Cybersecurity50
Item 2.Properties51
Item 3.Legal Proceedings51
Item 4.Mine Safety Disclosures51
Part II52
Item 5.Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities52
Item 6.Reserved53
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations53
Item 7A.Quantitative and Qualitative Disclosures About Market Risk88
Item 8.Financial Statements and Supplementary Data89
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure189
Item 9A.Controls and Procedures189
Item 9B.Other Information191
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections191
Part III191
Item 10.Directors, Executive Officers and Corporate Governance191
Item 11.Executive Compensation192
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters193
Item 13.Certain Relationships and Related Transactions, and Director Independence193
Item 14.Principal Accountant Fees and Services193
Part IV195
Item 15.Exhibits and Financial Statement Schedules195
Signatures209
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.