CMS Energy Corporation
CMS | NYSE
$70.10
+$0.58 (+0.83%)
At close: Oct 30, 2026, 3:59 PM ET
$70.35
+$0.25 (+0.36%)
After-hours:
Oct 30, 2026, 7:19 PM ET
Market Data
Market Cap $21.99B
Enterprise Value $41.74B
Beta 0.31
Average Volume 3.78M
Shares Outstanding (Diluted) 313.2M
Shares Change YoY 4.26%
Institutional Ownership N/A
Exchange NYSE
ISIN US1258961002
Price Performance
Price Change 1M 11.1%
Price Change 3M -2.6%
Price Change 6M -7.8%
Price Change YTD 0.2%
Price Change 1Y -4.7%
Price Change 3Y 29.0%
Price Change 5Y 16.2%
1M CAGR (ann.) 7.3%
1Y CAGR (ann.) 0.0%
5Y CAGR (ann.) 6.0%
All-Time CAGR 8.8%
Valuation
PE Ratio 24.60
Forward PE 17.65
PEG Ratio -1.38
Forward PEG 3.11
PS Ratio 2.45
Forward PS 2.40
PB Ratio 2.26
P/FCF Ratio -12.61
P/Adj. FCF Ratio -12.61
P/OCF Ratio 9.64
EV/Sales 4.65
EV/EBIT 27.83
EV/EBITDA 16.29
EV/FCF -23.95
Earnings Yield 4.1%
FCF Yield -7.9%
Adj. FCF Yield -7.9%
Financial Health
Net Debt $19.55B
Total Debt $20.21B
Cash & Short-Term Investments $451M
Total Assets $41.68B
Current Ratio 0.95
Quick Ratio 0.67
Debt / Equity Ratio 2.08
Debt / EBITDA 7.89
Debt / FCF -11.59
OCF / Debt 0.11
Interest Coverage 1.49
Altman Z-Score 0.83
Piotroski F-Score 5
Margins & Profitability
Gross Profit Margin 77.2%
Operating Profit Margin 13.8%
EBITDA Margin 28.6%
Net Profit Margin 9.7%
FCF Margin -19.4%
Adj. FCF Margin -19.4%
SBC / Revenue 0.0%
SBC Impact (per share) N/A
Returns
Return on Assets 2.1%
Return on Equity 9.2%
Return on Invested Capital 2.4%
Return on Capital Employed 3.2%
Return on Tangible Assets 2.1%
Historical Growth (CAGR)
Revenue CAGR 3Y 4.8%
Revenue CAGR 5Y 4.8%
Revenue CAGR 10Y 3.7%
EPS CAGR 3Y 3.9%
EPS CAGR 5Y -1.1%
EPS CAGR 10Y 3.1%
FCF CAGR 3Y -58.8%
FCF CAGR 5Y -9.0%
FCF CAGR 10Y -21.1%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 12
EPS Growth Next 3Y 19.2%
Revenue Growth Next 3Y 4.2%
Earnings Date Feb 4, 2027
EPS Estimate (next Q) $1.00
EPS Growth Est (next Q) 5.3%
Revenue Est (next Q) $2.3B
Revenue Growth Est (next Q) 3.2%
Fair Value Estimates
Graham Number $45.93
Graham Upside -34.5%
Lynch Fair Value $14.25
Lynch Upside -79.7%
Price Target $76.82
Price Target Upside 9.6%
Cash Flow
Operating Cash Flow $2.28B
Free Cash Flow $-1.74B
Adj. Free Cash Flow $-1.74B
FCF Per Share -$5.57
OCF Per Share $7.27
OCF/S Ratio 25.4%
Income Statement
Revenue $8.98B
Gross Profit $6.93B
Operating Income $1.24B
EBITDA $2.56B
Net Income $872M
EPS (Diluted) $2.85
Revenue / Employee $1.07M
Profit / Employee $104.43K
Employees 8,350
Dividends
Annual Dividend $2.25
Dividend Yield 3.21%
Payout Ratio 79.0%
FCF Payout Ratio -40.5%
Adj. FCF Payout Ratio -40.5%
Dividend Growth (YoY) 5.1%
Pay Frequency Quarterly
Ex-Dividend Date Nov 6, 2026
Add to Watchlist
Select watchlists to add or remove CMS