CMS Energy Corporation
Financials
Valuation Metrics
CMS Energy Corporation's Market Cap is $21.66B. At end of 2025 it was $20.86B. Ranked #569 of 3,115 in US market (top 18%), #398 of 1,644 on NYSE (top 24%), #28 of 90 in Utilities (top 31%) by Market Cap.
Investment Metrics(as of 2026-10-30)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $21.66B | US#569/3,115 Sec#28/90 |
| Revenue | $8.97B | US#609/3,115 Sec#28/90 |
| Net Income | $872M | US#531/3,115 Sec#30/90 |
| Total Assets | $41.68B | US#375/3,115 Sec#30/90 |
| Net Assets | $9.73B | US#428/3,115 Sec#29/90 |
| Employees | 8,350 | US#952/3,115 Sec#28/90 |
| Value | ||
| P/E | 24.83x | US#1,173/3,115 Sec#41/90 |
| P/B | 2.23x | US#1,399/3,115 Sec#64/90 |
| P/S | 2.41x | US#1,483/3,115 Sec#41/90 |
| EV/EBITDA | 16.16x | US#1,247/3,115 Sec#53/90 |
| FCF Yield | -8.05% | US—/3,115 Sec—/90 |
| Profitability | ||
| ROE | 8.97% | US#1,310/3,115 Sec#28/90 |
| ROA | 2.09% | US#1,519/3,115 Sec#49/90 |
| Op. Margin | 13.77% | US#951/3,115 Sec#54/90 |
| Revenue Growth | 8.20% | US#1,250/3,115 Sec#28/90 |
| Earnings Growth | -16.71% | US#1,286/3,115 Sec#54/90 |
| Financial Health | ||
| Debt Ratio | 322.72% | US#2,137/3,115 Sec#69/90 |
| Total Debt | $20.21B | US#243/3,115 Sec#30/90 |
| FCF | $-1.74B | US#3,000/3,115 Sec#79/90 |
| Cash | $451M | US#1,593/3,115 Sec#42/90 |
| Current Ratio | 0.95x | US#2,364/3,115 Sec#38/90 |
| Net Debt/EBITDA | 7.71x | US#2,153/3,115 Sec#66/90 |
| Dividend | ||
| Div. Yield | 3.26% | US#554/3,115 Sec#34/90 |
| Div. Growth | 4.86% | US#823/3,115 Sec#43/90 |
| Performance | ||
| 1Y Return | -2.80% | US#1,923/3,115 Sec#63/90 |
| 1M Return | 11.13% | US#520/3,115 Sec#14/90 |
| From 52W High | -12.77% | US#1,015/3,115 Sec#47/90 |
| 1Y MDD | -21.69% | US#755/3,115 Sec#54/90 |
| Trading | ||
| Volume | 3,321,646 shares | US#683/3,115 Sec#23/90 |
| Trading Value | $233M | US#558/3,115 Sec#17/90 |
| Per Share | ||
| EPS | $2.82 | US#990/3,115 Sec#32/90 |
| BPS | $31.48 | US#841/3,115 Sec#39/90 |
Company Info
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.