CMS Energy Corporation(CMS) Stock Research - Grey Stern Research
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CMS Energy Corporation (CMS) Stock Analysis

$66.60 (-2.49%)

CMS Financial Performance


Use the table below to view CMS Energy Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $66.60 -
52 Week Low $55.10 -
52 Week High $72.40 -
Market Cap $19.9 Billion 5/10
Gross Margin 65% 4/10
Profit Margin 15% 8/10
EBITDA margin 32% 10/10
Q3 - 2024 Revenue $1.7 Billion 7/10
Q3 - 2024 Earnings $253.0 Million 7/10
Q3 - 2024 Free Cash Flow $3.1 Million 1/10
Trailing 4 Quarters Revenue $7.5 Billion 4/10
Trailing 4 Quarters Earnings $1.0 Billion 4/10
Quarterly Earnings Growth 44% 1/10
Annual Earnings Growth 36% 3/10
Quarterly Revenue Growth 4% 5/10
Annual Revenue Growth 18% 1/10
Cash On Hand $0 9/10
Short Term Debt $507.0 Million 6/10
Long Term Debt $10.9 Billion 5/10

CMS Energy Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare CMS Energy Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 19.01 7/10
PS 2.66 5/10
PB 0.00 8/10
PC -1.00 9/10
Liabilities to Equity 2.03 6/10
ROA 0.35 4/10
ROE 0.10 5/10
Current Ratio 0.14 7/10
Quick Ratio 0.00 6/10
Long Term Debt to Equity 1.00 7/10
Debt to Equity 1.04 6/10
Burn Rate 0.00 8/10
Cash to Cap 0.00 5/10
CCR 12.43 1/10
EV to EBITDA 56.45 2/10
EV to Revenue 4.19 7/10

Company Details

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.

CEO: Ms. Patricia Poppe

Website: https://www.cmsenergy.com

Address: 1 Energy Plaza Dr Jackson, MICHIGAN

Exchange: New York Stock Exchange

Industry: Utilities—Regulated Electric

CMS Energy Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to CMS Energy Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Alliant Energy Corporation LNT $15.2 Billion
CenterPoint Energy, Inc. CNP $21.1 Billion
Pinnacle West Capital Corporation PNW $9.8 Billion
Ameren Corporation AEE $24.9 Billion
Entergy Corporation ETR $35.4 Billion
PNM Resources, Inc. PNM $3.8 Billion
DTE Energy Company DTE $24.9 Billion
MGE Energy, Inc. MGEE $3.2 Billion
Evergy, Inc. EVRG $14.5 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CMS Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 1.7 Billion $253.0 Million
Q2 2024 $ 1.6 Billion $198.0 Million
Q1 2024 $ 2.2 Billion $287.0 Million
Q4 2023 $ 2.0 Billion $309.0 Million
Q3 2023 $ 1.7 Billion $176.0 Million
Q2 2023 $ 1.6 Billion $198.0 Million
Q1 2023 $ 2.3 Billion $204.0 Million
Q4 2022 $ 2.3 Billion $171.0 Million

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CMS Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $0 $3.0 Billion $11.4 Billion $10.9 Billion
Q2 2024 $789.0 Million $34.4 Billion $15.8 Billion $8.5 Billion
Q1 2024 $861.0 Million $33.9 Billion $15.8 Billion $8.5 Billion
Q4 2023 $227.0 Million $33.5 Billion $15.6 Billion $8.1 Billion
Q3 2023 $157.0 Million $32.5 Billion $15.5 Billion $7.2 Billion
Q2 2023 $389.0 Million $32.3 Billion $15.1 Billion $7.1 Billion
Q1 2023 $571.0 Million $31.4 Billion $14.5 Billion $7.1 Billion
Q4 2022 $164.0 Million $31.4 Billion $15.4 Billion $7.0 Billion

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CMS Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $3.1 Billion $2.0 Billion $283.0 Million
Q2 2024 $26.0 Million -$681.0 Million -$72.0 Million
Q1 2024 $343.0 Million -$613.0 Million $613.0 Million
Q4 2023 $1.2 Billion $771.0 Million $64.0 Million
Q3 2023 -$459.0 Million -$658.0 Million -$222.0 Million
Q2 2023 -$718.0 Million -$1.4 Billion -$192.0 Million
Q1 2023 $452.0 Million -$588.0 Million $416.0 Million
Q4 2022 -$672.0 Million -$766.0 Million $72.0 Million

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