CMS Energy Corporation

CMS Energy Corporation

CMS·NYSE

$70.38

+0.23%
UtilitiesRegulated Electric

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.

At a Glance

Live Snapshot
Market Cap$21.74B
EPS3.5300
P/E Ratio19.94
Earnings Date07/30/2026

cms

Total Assets

Last Annual Value

40.39B

3-Year CAGR

9%

5-Year CAGR

6%

10-Year CAGR

7%

CMS Energy Corporation

CMS Energy Corporation Competitors Analysis of Total Assets

CMS · NYSE
CompanyTotal Assets
CAGR 3Y
CAGR 5Y
CAGR 10Y
40.39B
6.4%7.0%6.4% 
55.90B
4.7%4.2%2.6%
25.82B
6.7%6.8%6.8%
54.07B
6.5%6.4%5.4%
EVRG logo
Evergy, Inc.
NASDAQ:EVRG
35.44B
4.6%4.4%11.9%
94.03B
4.8%4.7%6.2%
155.72B
3.8%4.1%3.6%
CMS Energy Corporation

CMS Energy Corporation Fair Value Envelope

CMS · NYSE

Our analysis suggests that CMS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $70.38, this represents a potential HIDDEN relative to our calculated worth for CMS Energy Corporation.

Intrinsic Value
Current Price: $70.38