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NYSE: CMS

CMS Energy Corporation

Utilities | Regulated Electric
$74.03 +0.38 (+0.52%) as of 2026-07-15 03:04 UTC
Market Cap$22.7B
Volume2.20M
EPS (TTM)$3.53

CMS Energy Corporation (NYSE: CMS) is a $22.7B regulated electric company trading at $74.03 (+0.5% today) — 21.0× trailing earnings. Figures from SEC EDGAR and market feeds; updated 2026-07-15 03:04 UTC.

52-Week Range
Low $72.59High $79.34

What CMS Energy Corporation does

CMS Energy is an energy company operating primarily in Michigan as the parent holding company of Consumers, an electric and gas utility, and NorthStar Clean Energy, an independent power producer. Consumers provides electricity and natural gas services to a customer base of primarily residential, commercial, and diversified industrial customers. CMS Energy operates in three business segments: electric utility, gas utility, and NorthStar Clean Energy's non-utility operations.

Summarized from CMS Energy Corporation’s SEC filings · Read the filing ↗

Key facts
Quote
Price$74.03
Change (1D)+0.38 (+0.52%)
Market cap$22.7B
Volume2.20M shares
52-week range$72.59 – $79.34
Valuation
P/E (TTM)20.97×
EV/EBITDA13.20×
EPS (TTM)$3.53
Price/book2.34×
Return on equity11.03%
Debt/equity1.83
Returns
52-week return+2.0%
Revenue, margins & earnings
FY2021 Revenue: $7.33B — margin split not shown (non-operating gains)$7.33BFY2021FY2022 Net income: $837MFY2022 Taxes & interest: $387MFY2022 Operating costs: $7.37B$8.60BFY2022FY2023 Net income: $887MFY2023 Taxes & interest: $348MFY2023 Operating costs: $6.23B$7.46BFY2023FY2024 Net income: $1.00BFY2024 Taxes & interest: $484MFY2024 Operating costs: $6.03B$7.51BFY2024FY2025 Net income: $1.07BFY2025 Taxes & interest: $656MFY2025 Operating costs: $6.81B$8.54BFY2025
  • Net income
  • Taxes & interest
  • Operating costs
Annual revenue; bands show net, operating margins · Open in Platform →
SEC Filings SEC EDGAR ↗
Recent Insider Activity (last 90 days)
Source: SEC EDGAR · Filed 2026-05-11
  • 2026-05-11Butler Deborah HA2,411
  • 2026-05-11Leopold DianeA2,411
  • 2026-05-11IZZO RALPHA2,411
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Top Institutional Holders (latest 13F)
Source: SEC EDGAR · As of 2026-Q1
  • VANGUARD GROUP INC40,391,667$2.82B+3.1%
  • BlackRock, Inc.27,147,548$2.11B-16.8%
  • VANGUARD CAPITAL MANAGEMENT LLC19,877,297$1.54BNEW
View QoQ ownership changes →
Company news View all →
Questions this page answers

What does CMS Energy Corporation do?

CMS Energy is an energy company operating primarily in Michigan as the parent holding company of Consumers, an electric and gas utility, and NorthStar Clean Energy, an independent power producer.

What is CMS's valuation?

CMS trades at $74.03, 20.97× trailing earnings, 13.20× EV/EBITDA, as of 2026-07-15.

When did CMS last file with the SEC?

CMS Energy Corporation's most recent SEC filing on record is a 8-K filed 2026-06-03. All filings link to their SEC EDGAR originals above.

Where does this data come from?

SEC EDGAR filings and public market data feeds, fetched 2026-07-15 03:04 UTC. This page is also available as JSON at /api/data?ticker=CMS and is emitted with FAQPage structured data for machine reading.

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