CMS Energy Corporation

$69.47

$-0.95 (-1.35%)

Jan 5, 2026

Price History (1Y)

Analysis

CMS Energy Corporation is a utility company operating within the regulated electric industry. With a market capitalization of $21.14 billion, it ranks among larger companies in its sector. The firm's scale is further highlighted by its revenue of $8.30 billion and employee count of 8324. The financial health of CMS Energy appears mixed. On one hand, profitability metrics suggest strong performance, with gross margin at 42.3%, operating margin at 26.2%, and profit margin at 12.6%. Returns on equity and assets are also respectable at 11.2% and 3.3%, respectively. However, the company's balance sheet shows a significant debt burden of $18.08 billion against cash reserves of $362 million, resulting in a debt to equity ratio of 191.68. Valuation metrics for CMS Energy place its price-to-earnings (P/E) ratio at 20.31 and forward P/E at 18.03. Revenue growth has been substantial at 16.0% year-over-year, while earnings growth has been slower at 9.2%. The company offers a dividend yield of 308.0%, with a payout ratio of 61.7%.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About CMS Energy Corporation

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 270 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,646 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 81,924 miles of electric distribution overhead lines; 9,775 miles of underground distribution lines; and 1,098 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,342 miles of transmission lines; 15 gas storage fields; 28,368 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.

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Key Statistics

Market Cap
$21.14B
P/E Ratio
20.31
52-Week High
$76.45
52-Week Low
$63.97
Avg Volume
2.35M
Beta
0.48
Dividend Yield
308.00%

Company Info

Exchange
NYQ
Country
United States
Employees
8,324