Stocktoria

CMS ENERGY CORP CMS

NYSE · XNYS · stock · Electric & Other Services Combined · website · IPO 1947-02-03

CMS ENERGY CORP statistics & valuation

P / E22.7×
P / S2.9×
P / B2.5×

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else is from filings.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Operating margin20.2%19.8%16.6%14.2%15.6%
Net margin12.5%13.3%11.9%9.7%18.5%
FCF margin-17.7%-3.5%
Return on assets2.7%2.8%2.6%2.7%4.7%
Return on equity11.0%11.5%10.9%11.0%18.8%
Debt / equity1.83×1.74×1.79×1.73×1.68×
Current ratio0.980.790.981.151.19
Revenue growth13.6%0.7%-13.2%17.3%14.2%

Source: SEC EDGAR filings · CIK 0000811156 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.