CMS Energy (CMS) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % -10.5% -59.6% -32.8% -21.1% -47.5%   -63.0%  
Changes by years, y/y, % +33pp -49pp +27pp +12pp -26pp     -34%

CMS Energy. FCF conversion, %

CMS Energy. FCF conversion, changes, pp

CMS Energy (CMS) FCF conversion US GAAP (quarter values)

FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2   LTM ?
FCF conversion, % -62.3% -76.4% -71.2% -34.2% -53.3%   -63.0%
Changes by years, y/y, % -66pp -7pp -8pp -46pp +9pp    
Changes by quarters, q/q, % -74pp -14pp +5pp +37pp -19pp    

CMS Energy. FCF conversion, %

CMS Energy. FCF conversion, changes, pp

CMS Energy. FCF conversion, changes, pp