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Utilities · Utilities - Regulated Electric

CMS Energy Corporation

CMSNYSE$69.58−$0.72 (−1.02%)Market closed

Price Chart

Daily

Key facts

Market Cap
$21.58B
P/E
19.9x
P/B
2.33x
ROE
12.3%

CMS Energy Corporation

Utilities · Utilities - Regulated Electric · FY 2025

CMS Energy Corporation is a diversified energy holding company primarily engaged in regulated utility operations through its principal subsidiary, Consumers Energy. As Michigan's largest electric and natural gas utility, Consumers Energy serves 6.8 million of the state's 10 million residents, providing essential energy services across 68 counties in Michigan's Lower Peninsula. The company's portfolio includes electricity generation, natural gas distribution, and one of the largest underground natural gas storage capacities in the United States, ensuring reliable supply during peak demand periods. Alongside its core regulated utility business, CMS Energy operates in independent power generation and energy marketing through its non-utility subsidiaries, focusing on domestic markets. The company has a strong commitment to sustainability, with strategic plans to phase out coal, double renewable energy capacity by 2025, and achieve a 61% renewable energy mix by 2040. CMS Energy plays a vital role in supporting Michigan's energy infrastructure, economic growth, and environmental goals, making it a significant player in the regional utility sector.

CEO
Mr. Garrick J. Rochow
Employees
8,324

Company Statistics

Valuation

P/E
19.9x
P/B
2.33x
P/S
2.50x
EV/EBITDA
12.4x
P/FCF
−11.8x

Margins

Gross
41.5%
EBITDA
38.1%
Operating
20.2%
Pre-Tax
14.6%
Net
11.7%

Returns

ROA
2.6%
ROE
12.3%
ROIC
5.4%

Growth (CAGR)

Rev 3Yr
−0.2%
Rev 5Yr
5.9%
Op Inc 3Yr
12.2%
Net Inc 3Yr
7.2%

Financial Health

Cash & Cash Equivalents
$509.0M
Net Debt
$29.72B
Debt/Equity
311.3%
Interest Cov
—

Profile

Revenue
$8.54B
Shares Out
—
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CMS Energy Corporation (CMS) Stock Forecast 2026 $69.58 — Price, Financials & Analyst Targets | AlphaLenz