CMS Stock Price, Chart, Stats & News

CMS Energy Corporation
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Fundamentals
Gross margin | 60.91% |
Operating margin | 20.22% |
Pretax margin | 14.62% |
Net margin | 12.54% |
Effective tax rate | 19.71% |
ROA | 2.65% |
ROE | 12.33% |
D/E | 2.07x |
Interest coverage ratio | 2.19x |
CMS valuation
P/E | 20.33x |
P/S | 2.73x |
P/B | 2.51x |
P/CF | 10.25x |
P/FCF | -14.70x |
P/OCF | 10.25x |
PEG | 12.37x |
EV multiple | 1.59x |
About
CMS Energy Corporation (CMS) operates as a significant utility provider with its primary services concentrated in Michigan. The company's business is structured into three main divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment encompasses the full spectrum of electricity operations, from generating power using a variety of sources—including coal, wind, natural gas, renewable energies, oil, and nuclear—to its subsequent purchase, transmission, distribution, and sale to customers.
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