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General information

Country: UNITED STATES

Sector: Utilities — Regulated Electric

CMS Energy Corporation is an energy company. The Company, through its subsidiaries, provides electricity and natural gas to its customers. CMS Energy also invests in and operates non-utility power generation plants in the United States and abroad.
  • Dividend yield for the last twelve months 3.0%
  • Free cash flow yield -6.4% (LTM)
  • Share price is 44.0% higher than minimum and 3.5% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (7.3x vs
    )

Key Financials (Download financials)

Ticker: CMS
Share price, USD:  (0.0%)72.84
year average price 71.85  


year start price 68.70 2025-02-08

max close price 75.51 2025-04-03

min close price 68.57 2025-06-25

current price 72.84 2026-02-07
Common stocks: 290 128 992

Dividend Yield:  3.0%
FCF Yield LTM: -6.4%
EV / LTM EBITDA: 7.3x
EV / EBITDA annualized: 3.1x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 21 133
Net Debt ($m): 16 487
EV (Enterprise Value): 37 620
EBITDA LTM ($m): 5 159
EV / LTM EBITDA: 7.3x
Price to Book: 2.3x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2026-02-05seekingalpha.com

CMS Energy Corporation (CMS) Q4 2025 Earnings Call Transcript

2026-02-05zacks.com

CMS Energy (CMS) Q4 Earnings and Revenues Beat Estimates

2026-02-05prnewswire.com

CMS Energy Exceeds Earnings Guidance in 2025, Raises 2026 Adjusted EPS Guidance

2026-02-04zacks.com

Ahead of CMS Energy (CMS) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

2026-01-28zacks.com

Will CMS Energy (CMS) Beat Estimates Again in Its Next Earnings Report?

2026-01-15prnewswire.com

CMS Energy to Announce Year-End Results on February 5

2025-12-26zacks.com

CMS Energy Poised to Gain From Renewable Expansion & Investments

2025-11-14prnewswire.com

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

2025-11-03prnewswire.com

CMS Energy Announces Proposed Offering of $750 million of Convertible Senior Notes Due 2031

2025-10-30zacks.com

CMS Energy (CMS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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