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| Quarterly | EPS Forecast | QoQ | Max | Min |
|---|---|---|---|---|
| 2025Q1 | ||||
| 2025Q2 | ||||
| 2025Q3 | ||||
| 2025Q4 | ||||
| 2026Q1 |
CMS Earnings Table
Unit : USD
| QTR | Non-GAAP EPS | EPS YoY | EPS Surprise % | Sales | Sales YoY | Sales Surprise % | NPM |
|---|---|---|---|---|---|---|---|
| Current | |||||||
| 2024Q4 | |||||||
| 2024Q3 | |||||||
| 2024Q2 | |||||||
| 2024Q1 |
CMS Profile
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.
Price of CMS
CMS FAQ
When is CMS's latest earnings report released?
The most recent financial report for Cms energy corporation (CMS) covers the period of 2025Q3 and was published on 2025/09/30. This report is prepared according to IFRS/US GAAP standards and includes key financial indicators—Revenue, Profitability, Cash Flow, and Capital Structure. This information is essential for investors evaluating CMS's short-term business performance and financial health. For the latest updates on CMS's earnings releases, visit this page regularly.
Where does CMS fall in the P/E River chart?
According to historical valuation range analysis, Cms energy corporation (CMS)'s current price-to-earnings (P/E) ratio is 27.42, placing it in the Overvalued zone on the P/E River chart. This level indicates that the market's expectations for future earnings are already reflected in the share price, with the valuation currently leaning optimistic. Investors are advised to further examine the company's fundamentals and its position in the industry cycle to validate whether the valuation is justified.
What is the operating profit of CMS?
According to the latest financial report, Cms energy corporation (CMS) reported an Operating Profit of 588M with an Operating Margin of 29.09% this period, representing a growth of 26.18% compared to the same period last year. Operating Profit reflects the company's core business efficiency and cost control, making it a key indicator for evaluating operational strength and profitability.
How is CMS's revenue growth?
In the latest financial report, Cms energy corporation (CMS) announced revenue of 2.02B, with a Year-Over-Year growth rate of 15.95%. Revenue growth can be driven by product mix changes, market share expansion, price adjustments, or international market penetration. Investors should also monitor gross margin and regional revenue distribution for a comprehensive view of growth quality and sustainability.
How much debt does CMS have?
As of the end of the reporting period, Cms energy corporation (CMS) had total debt of 18.07B, with a debt ratio of 0.48. Long-term debt comprises a higher/lower proportion. The level of financial leverage directly impacts the company's capital structure and interest coverage. If debt is high, pay attention to interest expenses and refinancing risks. Conversely, a low-leverage structure indicates greater risk tolerance but potentially less growth flexibility.
How much cash does CMS have?
At the end of the period, Cms energy corporation (CMS) held Total Cash and Cash Equivalents of 432M, accounting for 0.01 of total assets. Both current and quick ratios indicate robust short-term debt repayment ability. High cash reserves typically mean the company has strong liquidity, supporting operational needs, expansion investments, or shareholder returns.
Does CMS go with three margins increasing?
In the latest report, Cms energy corporation (CMS) achieved the “three margins increasing” benchmark, with a gross margin of 43.3%%, operating margin of 29.09%%, and net margin of 13.6%%. This demonstrates improvement in profitability, which is a key signal for fundamental analysis. Investors should consider margin trends alongside other financial indicators to assess CMS's profit trajectory and future growth potential.
Is CMS's EPS continuing to grow?
According to the past four quarterly reports, Cms energy corporation (CMS)'s earnings per share (EPS) shows a steady growth trend, with the latest EPS at 0.92. If EPS continues to rise due to revenue growth and cost optimization, it can support P/E valuation recovery and attract long-term investors.
What is the FCF of CMS?
Cms energy corporation (CMS)'s Free Cash Flow (FCF) for the period is -635M, calculated as Operating Cash Flow minus Capital Expenditures, representing a fall of 26.49% compared with the previous period. Positive FCF growth provides stable funding for dividends, debt repayment, or strategic acquisitions, and is an important measure of true profitability and shareholder return potential.
What are the PEG ratio and PE ratio of CMS?
The latest valuation data shows Cms energy corporation (CMS) has a Price-To-Earnings (PE) ratio of 27.42 and a Price/Earnings-To-Growth (PEG) ratio of 0.5. A PEG below 1 usually suggests the market is underestimating growth potential, while a PEG above 1 indicates high growth expectations are already priced in. Investors should conduct a comprehensive valuation by considering historical growth, market forecasts, and industry cycles.