CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It 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.

CMS Energy Corporation

CMS Energy Corporation provides electric generation and natural gas operations services. It focuses on clean energy solutions and aims to achieve net zero methane emissions by 2030. The company administers Consumers Energy, a subsidiary offering these services to customers in Michigan.

Metric
Company Name	CMS Energy Corporation
Symbol	CMS
MSH ID	NYSE:CMS
Market	STOCKS
Sector	Utilities
Industry	Regulated Electric
Country	US
Stage
Employee Count	8.36K
Website	cmsenergy.com
LinkedIn
Founders

Metric
Market Cap	17.68B
Enterprise Value	31.88B
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	7.46B
Revenue (LTM)	8.83B
Revenue (NTM)	9.11B
Gross Profit	2.86B
EBITDA	2.78B
Operating Income	1.24B
Net Income	887M
EPS	2.98
Diluted EPS	2.98
Revenue 2022	8.60B
Revenue 2023	7.46B
Revenue 2024	8.87B
Revenue 2025	9.14B
Revenue 2026	9.00B

Metric
Revenue Growth (LTM)	0.18
Revenue Growth (NTM)	0.05
Gross Profit Growth (LTM)	0.49
EBITDA Growth (LTM)	-0.36
Net Income Growth (LTM)	0.10
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.44
Operating Profit Margin	0.19
EBITDA Margin	0.37
Net Profit Margin	0.13
Return on Equity	0.13
Return on Assets	0.33
Return on Capital Employed	2.63

NYSE:CMS

CMS Energy Corporation

Last Close

69.21

22/11 21:00

Market Cap

17.68B

Beta: 0.35

Volume Today

1.31M

Avg: 2.05M

PE Ratio

22.07

PFCF: −11.86

Dividend Yield

3.43%

Payout:66.62%

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	22.07
P/B Ratio	2.30
Revenue Multiple (LTM)	3.61
Revenue Multiple (NTM)	3.50
EBITDA Multiple (LTM)	18.94
EBITDA Multiple (NTM)	18.65
Price to Sales Ratio	2.88
EV Multiple	2.87

Metric
Days Sales Outstanding	32.33
Days Payables Outstanding	66.11
Days Inventory Outstanding	81.89
Operating Cycle	128.06
Cash Conversion Cycle	58.05
Asset Turnover	2.51

Metric
Operating Cash Flow	2.31B
Free Cash Flow	-265M
Cash Flow to Debt	0.20
Operating Cash Flow/Sales	0.31
Free Cash Flow Yield	-0.08

Metric
Cash & Equivalents
Accounts Receivable	241M
Inventory
Goodwill
Debt to Capitalization	0.67
Debt to Assets	0.52
Current Ratio	1.71
Quick Ratio	1.05

Metric
Rule of 40 (LTM)	0.37
Rule of 40 (NTM)	0.24
Stock Comp to Revenue	-0.00
R&D to Revenue
SG&A to Revenue