CMS
CMS Energy Corporation
63.20$
-1.7%
vs. previous close
Closing price · As of: Sep 23, 2026
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 20.2 | 21.1 | 21.4 | 23.4 | 24.1 | 28.9 | 25.5 | 24.3 | 25.4 | 21.4 | 25.0 | 28.2 | 29.3 | 26.3 | 23.6 | 22.2 | 23.1 | 23.2 | 20.5 | 19.0 | 19.8 | 13.9 | 14.9 | 14.7 | 12.9 | 22.0 | 26.0 | 23.2 | 20.7 | 19.3 | 18.5 | 18.3 | 20.1 | 19.9 | 22.0 | 20.3 | 21.0 | 19.6 | 21.1 | 22.4 | |
| 1.9 | 1.8 | 1.9 | 2.0 | 2.0 | 2.0 | 1.9 | 2.0 | 2.0 | 2.0 | 2.3 | 2.4 | 2.6 | 2.6 | 2.5 | 2.5 | 2.7 | 2.7 | 2.6 | 2.5 | 2.4 | 2.6 | 2.6 | 2.4 | 2.0 | 2.1 | 2.1 | 2.1 | 2.0 | 2.3 | 2.4 | 2.4 | 2.8 | 2.7 | 2.9 | 2.6 | 2.7 | 2.5 | 2.6 | 2.6 | |
| 2.8 | 2.7 | 2.9 | 2.9 | 2.9 | 3.0 | 2.8 | 2.9 | 2.9 | 3.0 | 3.2 | 3.4 | 3.7 | 3.6 | 3.2 | 3.2 | 3.3 | 3.2 | 3.1 | 3.0 | 2.8 | 2.8 | 3.0 | 2.8 | 2.4 | 2.6 | 2.5 | 2.4 | 2.2 | 2.3 | 2.3 | 2.2 | 2.6 | 2.4 | 2.7 | 2.5 | 2.5 | 2.3 | 2.5 | 2.4 | |
| 3.4 | 3.3 | 3.4 | 3.5 | 3.6 | 3.6 | 3.4 | 3.5 | 3.6 | 3.7 | 3.9 | 4.1 | 4.5 | 4.5 | 4.5 | 4.6 | 4.9 | 5.2 | 4.8 | 4.3 | 3.6 | 4.3 | 4.2 | 4.0 | 3.6 | 3.9 | 3.9 | 4.1 | 4.1 | 4.4 | 4.5 | 4.4 | 4.9 | 4.8 | 5.0 | 4.9 | 4.8 | 4.7 | 4.7 | 4.7 | |
| 10.3 | 10.3 | 10.2 | 10.5 | 11.1 | 10.7 | 10.3 | 10.4 | 11.0 | 11.8 | 12.6 | 13.2 | 13.9 | 13.2 | 12.7 | 12.5 | 13.3 | 14.0 | 12.8 | 11.4 | 10.2 | 12.8 | 13.0 | 12.9 | 12.3 | 13.2 | 13.7 | 12.9 | 12.3 | 11.7 | 11.2 | 11.1 | 12.0 | 11.8 | 12.3 | 12.1 | 11.9 | 12.6 | 13.0 | 13.4 | |
| – | – | – | 282.1 | – | 332.0 | 284.1 | 63.4 | 330.4 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| -2.6% | -0.8% | -0.1% | 0.4% | -0.5% | 0.3% | 0.4% | 1.6% | 0.3% | -2.6% | -3.3% | -4.3% | -3.0% | -1.8% | -4.6% | -4.0% | -3.9% | -5.9% | -1.8% | -2.3% | -2.6% | -1.4% | -2.3% | -4.0% | -8.1% | -9.5% | -8.3% | -11.6% | -9.0% | -5.4% | -5.8% | -1.6% | -1.6% | -3.3% | -3.9% | -6.6% | -6.8% | -7.6% | -8.7% | -8.3% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 36.3% | 36.8% | 37.9% | 37.4% | 37.2% | 38.0% | 37.3% | 37.4% | 36.7% | 34.9% | 34.8% | 34.8% | 36.0% | 37.5% | 39.1% | 40.1% | 40.4% | 41.4% | 41.8% | 41.3% | 39.4% | 36.1% | 35.0% | 33.3% | 32.0% | 32.1% | 31.0% | 32.7% | 34.7% | 38.4% | 40.6% | 41.2% | 42.3% | 42.7% | 42.6% | 42.1% | 38.9% | 36.3% | 40.8% | 45.8% | |
| 19.5% | 19.8% | 20.7% | 19.9% | 19.4% | 20.3% | 19.6% | 19.7% | 18.9% | 16.9% | 16.6% | 16.2% | 17.1% | 18.1% | 18.8% | 19.4% | 19.3% | 20.0% | 20.4% | 20.0% | 18.2% | 15.6% | 15.2% | 14.4% | 13.9% | 14.2% | 12.7% | 13.4% | 14.1% | 16.6% | 18.1% | 18.5% | 19.6% | 19.8% | 20.2% | 20.0% | 20.7% | 20.2% | 19.5% | 18.9% | |
| 9.3% | 8.6% | 9.1% | 8.5% | 8.4% | 7.0% | 7.5% | 8.1% | 8.0% | 9.6% | 9.0% | 8.4% | 9.0% | 9.9% | 10.7% | 11.4% | 11.7% | 11.5% | 12.9% | 13.1% | 12.3% | 18.5% | 17.6% | 16.5% | 15.6% | 9.7% | 8.1% | 9.1% | 9.6% | 11.9% | 13.2% | 13.1% | 14.0% | 13.3% | 13.1% | 12.8% | 12.6% | 12.5% | 12.5% | 11.6% | |
| -4.9% | -1.5% | -0.3% | 0.7% | -1.1% | 0.6% | 0.7% | 3.1% | 0.6% | -5.4% | -7.5% | -10.1% | -7.8% | -4.6% | -11.6% | -10.2% | -10.5% | -15.8% | -4.7% | -5.8% | -6.3% | -3.5% | -6.0% | -9.6% | -16.4% | -20.3% | -17.4% | -24.3% | -17.9% | -12.4% | -14.1% | -4.0% | -4.5% | -8.6% | -11.3% | -17.2% | -18.2% | -18.6% | -23.1% | -21.7% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 13.6% | 13.0% | 13.4% | 12.5% | 11.9% | 10.4% | 10.9% | 11.8% | 11.5% | 13.8% | 12.9% | 12.0% | 12.5% | 13.6% | 13.7% | 14.4% | 14.4% | 13.7% | 15.0% | 15.5% | 14.3% | 20.4% | 19.8% | 19.3% | 18.9% | 11.9% | 9.7% | 10.3% | 10.4% | 11.8% | 12.2% | 12.1% | 12.9% | 12.2% | 12.2% | 12.2% | 11.8% | 11.7% | 11.7% | 10.5% | |
| 2.8% | 2.5% | 2.7% | 2.5% | 2.4% | 2.0% | 2.2% | 2.4% | 2.3% | 2.7% | 2.5% | 2.3% | 2.4% | 2.5% | 2.6% | 2.6% | 2.6% | 2.5% | 2.9% | 3.0% | 2.9% | 4.7% | 4.7% | 4.6% | 4.3% | 2.7% | 2.2% | 2.3% | 2.3% | 2.6% | 2.9% | 2.8% | 3.0% | 2.8% | 2.8% | 2.7% | 2.8% | 2.7% | 2.7% | 2.5% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| 9,463 | 9,689 | 9,508 | 9,513 | 10,092 | 10,214 | 10,087 | 10,011 | 10,796 | 11,555 | 11,753 | 12,011 | 12,720 | 13,040 | 13,432 | 13,571 | 14,555 | 16,534 | 14,571 | 12,164 | 8,511 | 12,407 | 11,981 | 12,309 | 13,517 | 15,268 | 15,346 | 15,865 | 16,600 | 15,358 | 14,943 | 14,990 | 15,643 | 16,354 | 16,390 | 18,326 | 17,574 | 19,242 | 18,553 | 18,801 | |
| 4.6 | 4.7 | 4.4 | 4.5 | 4.8 | 4.6 | 4.6 | 4.5 | 4.8 | 5.3 | 5.4 | 5.6 | 5.7 | 5.6 | 5.6 | 5.6 | 6.0 | 6.8 | 5.8 | 4.7 | 3.4 | 5.1 | 4.8 | 5.0 | 5.5 | 6.0 | 6.3 | 6.2 | 6.4 | 5.5 | 5.1 | 5.1 | 5.1 | 5.3 | 5.2 | 5.7 | 5.3 | 6.0 | 5.7 | 6.0 | |
| 20.4% | 19.7% | 20.2% | 20.3% | 20.5% | 19.3% | 20.1% | 20.0% | 19.9% | 19.4% | 19.6% | 19.2% | 19.1% | 18.7% | 18.9% | 18.2% | 18.2% | 18.5% | 19.3% | 19.4% | 20.0% | 23.1% | 23.8% | 23.7% | 22.8% | 22.4% | 22.6% | 22.1% | 22.1% | 22.5% | 23.4% | 23.3% | 23.3% | 22.9% | 23.0% | 22.3% | 23.3% | 22.6% | 23.5% | 23.8% | |
| 2.3 | 2.3 | 2.3 | 2.2 | 2.3 | 2.3 | 2.2 | 2.2 | 2.3 | 2.5 | 2.5 | 2.5 | 2.6 | 2.6 | 2.8 | 2.9 | 2.8 | 3.0 | 2.6 | 2.1 | 1.4 | 1.9 | 1.8 | 1.8 | 2.0 | 2.2 | 2.2 | 2.3 | 2.3 | 2.1 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.3 | 2.0 | 2.2 | 2.0 | 1.9 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 2.08 | 1.97 | 2.09 | 1.98 | 1.92 | 1.64 | 1.78 | 1.94 | 1.93 | 2.32 | 2.22 | 2.05 | 2.18 | 2.39 | 2.49 | 2.63 | 2.66 | 2.63 | 2.98 | 3.11 | 3.01 | 4.67 | 4.68 | 4.58 | 4.50 | 2.87 | 2.36 | 2.53 | 2.57 | 3.01 | 3.26 | 3.25 | 3.50 | 3.36 | 3.41 | 3.42 | 3.49 | 3.56 | 3.68 | 3.41 | |
| 22.45 | 22.94 | 22.96 | 23.21 | 22.89 | 23.44 | 23.77 | 23.89 | 24.09 | 24.26 | 24.61 | 24.41 | 24.17 | 24.03 | 23.32 | 22.99 | 22.82 | 22.83 | 23.18 | 23.76 | 24.50 | 25.30 | 26.53 | 27.76 | 28.79 | 29.51 | 29.21 | 27.95 | 26.73 | 25.35 | 24.74 | 24.81 | 25.02 | 25.15 | 26.03 | 26.80 | 27.61 | 28.41 | 29.35 | 29.32 | |
| 15.25 | 15.24 | 15.61 | 15.87 | 16.10 | 15.82 | 16.29 | 16.53 | 16.77 | 16.78 | 17.13 | 17.08 | 17.42 | 17.62 | 18.18 | 18.20 | 18.54 | 19.16 | 19.81 | 20.03 | 21.03 | 22.89 | 23.64 | 23.71 | 23.83 | 24.08 | 24.31 | 24.53 | 24.66 | 25.63 | 26.74 | 26.81 | 27.15 | 27.54 | 27.87 | 28.06 | 29.51 | 30.42 | 31.49 | 32.52 | |
| -1.09 | -0.34 | -0.06 | 0.16 | -0.25 | 0.14 | 0.16 | 0.75 | 0.15 | -1.31 | -1.84 | -2.48 | -1.89 | -1.10 | -2.71 | -2.35 | -2.40 | -3.61 | -1.10 | -1.37 | -1.53 | -0.88 | -1.60 | -2.67 | -4.72 | -5.98 | -5.08 | -6.80 | -4.79 | -3.15 | -3.49 | -0.98 | -1.12 | -2.17 | -2.94 | -4.60 | -5.02 | -5.29 | -6.77 | -6.35 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: September 23, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.