CMS

CMS Energy Corporation
$73.65
-0.74 (-0.99%)
Mkt Cap 22.75B
Volume 3,073,326
52W Range 68.64-80.36
Sector Utilities
Beta 0.34
EPS (TTM) 3.65
P/E Ratio 20.18
Revenue (TTM) 8.82B
Rev Growth (5Y) +5.9%
EPS Growth (5Y) +5.9%
AlphaVal · Fair Value
What we estimate one share is worth
$63.72
Overvalued moderate signal
15.6% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
D
Stable Earnings Power
38.8 / 100 composite
Steady, predictable earnings power — graded A–F vs. similar companies.

Company Description

Track Record

Showing latest 4 periods • Swipe for more
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 8.54B 7.51B 7.46B 8.60B 7.33B 6.42B 6.62B 6.87B 6.58B 6.40B 6.46B 7.18B
Net Income 1.07B 1.00B 887.00M 837.00M 1.35B 755.00M 680.00M 657.00M 460.00M 551.00M 523.00M 477.00M
EPS 3.53 3.34 3.01 2.84 4.66 2.65 2.40 2.33 1.64 1.99 1.90 1.76
Free Cash Flow (1.59B) (648.00M) (910.00M) (1.52B) (257.00M) (1.03B) (314.00M) (371.00M) 40.00M (43.00M) 76.00M (130.00M)
FCF / Share -5.29 -2.18 -3.12 -5.25 -0.89 -3.63 -1.11 -1.31 0.14 -0.15 0.28 -0.48
Operating CF 2.23B 2.37B 2.31B 855.00M 1.82B 1.28B 1.79B 1.70B 1.71B 1.63B 1.64B 1.45B
Total Assets 40.39B 35.92B 33.52B 31.35B 28.75B 29.67B 26.84B 24.53B 23.05B 21.62B 20.34B 19.18B
Total Debt 18.94B 16.59B 15.67B 14.34B 12.50B 12.42B 13.29B 11.78B 10.49B 10.03B 9.47B 8.74B
Cash & Equiv 615.00M 103.00M 227.00M 164.00M 452.00M 32.00M 140.00M 153.00M 182.00M 235.00M 266.00M 207.00M
Book Value 9.14B 8.23B 7.54B 7.01B 6.63B 5.50B 5.02B 4.75B 4.44B 4.25B 3.94B 3.67B
Return on Equity 0.12 0.12 0.12 0.12 0.20 0.14 0.14 0.14 0.10 0.13 0.13 0.13
CMS News
Will CMS Energy (CMS) Beat Estimates Again in Its Next Earnings Report?
Jul 14, 2026 09:10 AM · zacks.com
Plug This 3% Yield In, Light Up Your Portfolio's Returns: CMS Energy
Jul 14, 2026 04:00 AM · seekingalpha.com
Deepening Collaboration in AI-Powered R&D Acceleration: Insilico Medicine and CMS announce additional collaborations in CNS diseases
Jul 12, 2026 04:30 PM · prnewswire.com
US power companies scramble to secure equipment as surging data center demand strains supplies
Jul 09, 2026 01:36 AM · reuters.com
CMS Energy to Announce 2026 Second Quarter Results on July 28
Jul 07, 2026 12:30 PM · prnewswire.com
CMS Energy Announces Polly Harris as Vice President of Human Resources
Jul 01, 2026 10:00 AM · prnewswire.com
PPL vs. CMS: Which Regulated Utility Stock is the Smarter Investment?
Jun 30, 2026 08:31 AM · zacks.com
CMS Energy Announces Chris Shellberg as Vice President of Low-Voltage Electric Distribution
Jun 24, 2026 11:00 AM · gurufocus.com
CMS Energy Announces Chris Shellberg as Vice President of Low-Voltage Electric Distribution
Jun 24, 2026 10:00 AM · prnewswire.com
Tria Federal Appoints Former CMS and IRS CIO Rajiv Uppal to Advisory Board
Jun 23, 2026 04:47 AM · globenewswire.com