v3.25.2
Earnings Per Share - CMS Energy (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Summary of Basic and Diluted EPS Computations
Presented in the following table are CMS Energy’s basic and diluted EPS computations based on income from continuing operations:
In Millions, Except Per Share Amounts
Three Months EndedSix Months Ended
June 302025202420252024
Income available to common stockholders
Income from continuing operations$193 $182 $488 $445 
Less loss attributable to noncontrolling interests(8)(16)(17)(40)
Less preferred stock dividends3 3 5 5 
Income from continuing operations available to common stockholders – basic and diluted$198 $195 $500 $480 
Average common shares outstanding
Weighted-average shares – basic298.5 297.9 298.4 297.2 
Add dilutive nonvested stock awards0.6 0.6 0.6 0.7 
Weighted-average shares – diluted299.1 298.5 299.0 297.9 
Income from continuing operations per average common share available to common stockholders
Basic$0.67 $0.65 $1.68 $1.61 
Diluted0.66 0.65 1.67 1.61