AllSight
Companies · CMS · Electric & Other Services Combined

CMS ENERGY CORP (CMS)

CMS ENERGY CORP (CMS) stock — the fundamentals (P/E, market cap, valuation) and every material event, decoded in plain English.

CMS ENERGY CORP (CMS) stock — financials & valuation

Key numbers for CMS ENERGY CORP (CMS): P/E ratio, market cap, profit margins, returns, and whether the stock looks cheap or expensive versus its own 5-year range.

AllSight quality score: 39/100 — a percentile rank of CMS ENERGY CORP’s fundamentals against Transportation & Utilities peers, weakest on management. A quality ranking, not a price prediction.

Market cap$19.8B
P / E19.5×
P / S2.2×
EV / EBITDA10.5×
Gross margin59.4%
Operating margin18.9%
Net margin10.1%
Return on equity10.4%
ROIC4.5%
Revenue growth9.9%
Debt / equity2.0×
Dividend yield3.5%

Is CMS ENERGY CORP overvalued? P/E looks fair vs its 5-year range; P/S looks undervalued vs its 5-year range; EV/EBITDA looks undervalued vs its 5-year range; P/B looks undervalued vs its 5-year range.

Independent of the events above — derived from CMS ENERGY CORP’s own financial statements and shown as context, never as advice.

Jul 28, 2026Beat
Quarterly EPS narrowly topped consensus as guidance held, but earnings fell sharply
Related companies in Electric & Other Services Combined
Open live on AllSight — the whole market, decoded →

About AllSight · Editorial standards & method · Contact