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CMS Energy Corporation (CMS)
NYSE: CMS · Real-Time Price · USD
69.00
-0.59 (-0.85%)
At close: Oct 27, 2026, 4:00 PM EDT
68.32
-0.68 (-0.99%)
Pre-market: Oct 28, 2026, 4:52 AM EDT

CMS Energy Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Quarter
CurrentQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Oct '26 Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Market Capitalization
21,64019,78023,63223,89421,28121,92920,72322,46719,91421,09917,77818,01916,94315,49417,13517,90218,38216,90119,58420,29218,845
Market Cap Growth (YoY)
-3.29%-9.80%14.04%6.36%6.87%3.93%16.57%24.69%17.54%36.18%3.75%0.65%-7.83%-8.33%-12.50%-11.78%-2.46%-2.31%14.52%14.53%7.88%
Enterprise Value
41,39639,68943,34743,09939,78739,93138,03939,69636,42336,93033,56634,26633,04931,01231,84432,88232,78430,07132,38633,12132,190

Price Ratios

Fiscal Quarter
CurrentQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Oct '26 Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
24.7122.9523.2621.7820.0621.1520.4622.2420.0520.3518.5218.7719.3227.1330.6035.10-13.0414.8515.0313.98
PS Ratio
2.412.202.682.712.492.642.592.892.652.822.402.452.272.812.922.87-2.022.432.642.57
PB Ratio
2.281.922.272.382.192.332.312.522.282.442.082.122.092.002.222.342.422.252.622.742.62
P/FCF Ratio
-16.46------25.56---71.40-18.20----21.44----36.30-
P/OCF Ratio
9.518.6911.0012.329.5210.159.779.318.408.907.848.107.348.1413.0517.90--12.9617.5114.68

EV Ratios

Fiscal Quarter
CurrentQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Oct '26 Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
EV/Sales Ratio
4.614.424.924.894.664.814.755.104.854.944.534.664.435.635.435.28-3.604.024.314.39
EV/EBITDA Ratio
16.6415.5314.3614.1413.1813.3513.3114.1713.4813.4812.7413.2713.3816.9117.5818.27-12.9013.9214.2214.06
EV/EBIT Ratio
29.1128.6423.2122.4720.8021.0621.4222.8722.0022.5221.7022.6623.3632.1733.1734.18-22.1924.1124.6424.55
EV/FCF Ratio
-33.02------45.16---134.80-34.61----39.38----59.25-

Financial Efficiency

Fiscal Quarter
CurrentQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Oct '26 Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Debt / Equity Ratio
1.961.961.861.901.951.922.011.901.901.871.851.861.931.991.961.891.891.831.661.681.74
Debt / EBITDA Ratio
8.1214.237.765.017.155.536.924.596.585.936.604.805.876.696.955.09-6.205.833.677.35
Debt / FCF Ratio
-16.81------19.30---63.32-15.97----17.35----22.31-
Net Debt / Equity Ratio
1.921.921.831.881.901.881.921.851.891.821.761.761.901.971.911.821.871.811.651.621.68
Net Debt / EBITDA Ratio
7.947.736.326.206.105.926.025.896.105.755.725.816.258.358.147.73-5.835.315.165.26
Net Debt / FCF Ratio
-12.7616.44-9.98-9.29-11.59-11.75-12.51-18.78-25.44-46.89-60.52-15.16-16.97-21.65-11.04-16.66--9.93-15.94-21.51-34.43
Quick Ratio
0.210.210.410.440.520.430.560.570.330.560.600.740.400.310.410.540.580.540.450.830.63
Current Ratio
1.511.510.940.840.980.901.001.060.791.231.181.350.980.900.951.021.151.221.001.361.19
Asset Turnover
0.210.180.270.230.210.200.270.230.200.190.260.240.210.200.29-0.270.270.330.27
Return on Equity (ROE)
-3.52%3.75%11.21%10.11%11.82%8.63%13.36%11.73%11.50%8.54%12.65%12.64%8.95%9.84%10.18%-8.71%7.64%18.69%6.59%
Return on Assets (ROA)
0.28%1.93%3.37%3.10%3.49%2.46%3.71%3.30%2.96%2.37%3.38%3.42%2.44%2.27%2.86%-2.63%2.52%4.38%2.09%
Return on Capital Employed (ROCE)
3.60%3.50%4.90%5.20%5.30%5.40%5.10%5.20%5.10%5.00%4.90%4.80%4.60%3.20%3.30%3.40%-4.90%5.00%5.00%4.90%

Yields

Fiscal Quarter
CurrentQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Oct '26 Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Earnings Yield
4.05%4.41%4.34%4.63%5.03%4.77%4.94%4.54%5.04%4.96%5.46%5.38%5.24%3.73%3.31%2.89%-7.72%6.79%6.69%7.18%
FCF Yield
-7.15%6.08%-8.08%-8.52%-7.47%-6.88%-6.64%-3.91%-3.25%-1.59%-1.40%-5.49%-5.37%-4.56%-7.79%-4.66%--8.10%-3.96%-2.76%-1.86%
Dividend Yield
3.30%-2.95%2.84%3.12%2.97%3.06%2.78%3.09%2.88%3.37%3.28%3.39%2.75%2.44%2.29%-3.12%2.65%2.52%2.67%
Payout Ratio
68.57%-150.00%52.35%--82.09%54.61%--79.80%54.35%---71.08%-83.64%91.89%38.53%20.19%
Buyback Yield / Dilution
-3.18%-3.28%-3.91%-2.67%-2.38%-0.53%-0.20%-0.64%-2.05%-2.54%-2.47%-2.06%--0.45%-0.41%-0.45%--0.17%-0.24%-0.28%-0.98%
Total Shareholder Return
0.13%-3.28%-0.96%0.17%0.75%2.44%2.85%2.14%1.04%0.34%0.90%1.22%3.39%2.31%2.03%1.85%-2.94%2.41%2.25%1.70%
SEC Filings: 10-K · 10-Q