CMS Energy Corp (CMS) stock
Close on Nov 11, 2026Market cap $21.80BP/E 24.9Yield 3.12%
CMS Energy Corp grew revenue 8.2% to $8.98B over the twelve months to Sep 30, 2026. Operating income fell 28.0% to $1.24B, moving the operating margin from 20.7% to 13.8%. At the latest close the market valued the company at $21.80B, 24.9 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $21.80B
- P/E ratio
- 24.9
- Price to sales
- 2.43
- Price to book
- 2.24
- Dividend yield
- 3.12%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $8.98B
- Net income
- $872.00M
- EPS, diluted
- $2.80
- Book value per share
- $31.05
- Diluted shares
- 313M
Trading
- Next earnings
- Feb 4, 2027 (estimated, before the open)
- Previous close
- $69.78
- Open
- $69.80
- Day's range
- $69.08 – $69.80
- Volume
- 2,881,981
- Average volume (20 days)
- 4,397,463
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 0.28
- 52-week range
- $62.28 – $80.36
- RSI (14 days)
- 55.5
- Volatility (1 year)
- 17.7%
- Relative volume
- 0.75×
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | CMS | S&P 500 | Difference | CMS per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +6.3% | -2.4% | +8.7 pts | ||
| 3 months | 0.0% | -1.2% | +1.2 pts | ||
| Year to date | +1.9% | +12.3% | −10.4 pts | ||
| 1 year | -4.8% | +12.4% | −17.2 pts | ||
| 3 years | +36.5% | +78.8% | −42.3 pts | +10.9% | +21.4% |
| 5 years | +34.4% | +75.2% | −40.8 pts | +6.1% | +11.9% |
| 10 years | +134.1% | +311.1% | −177.0 pts | +8.9% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases CMS Energy filed with the SEC as exhibits to Form 8-K or 6-K
- News
- Results
- Results
- Quarter Results, Strategic Decision on NorthStar Clean Energy Services, Introduces Guidance for 2027Results
- Results
- Update
About CMS Energy
Electric & Other Services Combined
CMS Energy is an energy company that operates as a parent holding company managing utility and non-utility businesses across three primary segments: electric utility, gas utility, and independent power production via NorthStar Clean Energy. Through Consumers, its principal subsidiary, the company generates, purchases, transmits, stores, distributes, and sells electricity and natural gas to residential, commercial, and industrial customers. In addition, NorthStar Clean Energy develops, operates, and markets domestic independent power generation, focusing on renewable assets alongside conventional energy facilities.
Company profile, executives and historyCMS Energy stock: common questions
What is CMS Energy's stock price?
CMS closed at $69.62 on Nov 11, 2026, down 0.23% on the day. Over the past 52 weeks it traded between $62.28 and $80.36.
What is CMS Energy's market cap?
CMS Energy was worth $21.80B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is CMS's P/E ratio?
CMS trades at 24.9 times earnings, based on diluted earnings per share of $2.80 over the twelve months to Sep 30, 2026.
How much revenue does CMS Energy make?
CMS Energy reported revenue of $8.98B for the twelve months to Sep 30, 2026, up 8.2% from a year earlier.
Does CMS Energy pay a dividend?
Yes. CMS Energy paid $2.17 per share over the last twelve months, a yield of 3.12% at the latest price, and has raised its annual dividend 17 years in a row.
When does CMS Energy report earnings next?
CMS Energy is expected to report Q4 FY2026 results on Feb 4, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has CMS stock performed over the past year?
Including dividends, CMS returned -4.8% over the past year, against +12.4% for the S&P 500.
Who are CMS Energy's competitors?
Companies most similar to CMS Energy by business, industry and size include NI, WEC, AEE, PEG, XEL.
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