CMS Energy Corp (CMS) stock
CMSNYSEElectric & Other Services CombinedFiscal year ends December 31Also trades as CMS.PC, CMSA, CMSC, CMSD
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 7/3012% above fair value
$69.62−0.16 (-0.23%)
Close on Nov 11, 2026Market cap $21.80BP/E 24.9Yield 3.12%
CMS Energy enterprise value
Enterprise value is market cap plus debt, minus cash: the value of the whole business to all its investors.
CMS Energy's enterprise value was $41.25B on Nov 11, 2026, against $41.07B a year earlier. Over the last 5 years it ranged from $29.38B to $42.90B, with a median of $34.23B.
Enterprise Value at the end of each year
| Period | Period end | Value | Change |
|---|---|---|---|
| 2026 | Nov 11, 2026 | $41.25B | +4.7% |
| 2025 | Dec 31, 2025 | $39.39B | +9.3% |
| 2024 | Dec 31, 2024 | $36.03B | +10.9% |
| 2023 | Dec 29, 2023 | $32.48B | +0.1% |
| 2022 | Dec 30, 2022 | $32.46B | +2.2% |
| 2021 | Dec 31, 2021 | $31.77B | -2.4% |
| 2020 | Dec 31, 2020 | $32.56B | +6.6% |
| 2019 | Dec 31, 2019 | $30.55B | +24.3% |
| 2018 | Dec 31, 2018 | $24.58B | +6.0% |
| 2017 | Dec 29, 2017 | $23.19B | +10.4% |
| 2016 | Dec 30, 2016 | $21.01B | +13.4% |
| 2015 | Dec 31, 2015 | $18.53B | +3.9% |
| 2014 | Dec 31, 2014 | $17.84B | +22.8% |
| 2013 | Dec 31, 2013 | $14.52B | +7.0% |
| 2012 | Dec 31, 2012 | $13.57B | +11.6% |
| 2011 | Dec 30, 2011 | $12.16B | +14.1% |
| 2010 | Dec 31, 2010 | $10.66B | – |
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