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CMS Energy Corporation (CMS) Market Cap & Valuation Ratios

CMS Energy Corporation (CMS) has a market cap of $21.8B, a trailing P/E of 20.9 and a price-to-sales ratio of 2.5, with earnings according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

CMSCMS Energy CorporationFollow CMS — free
Utilities - Regulated Electric · Utilities
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Price chart with a free account
Market cap
21.8B
P/E TTM
20.9
Dividend yield
3.2%
52-week
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Next earnings
27 Oct, in 3 days

Peers

utilities - regulated electric · nearest by market cap · trailing 12 months
CompanyMkt cap, $BP/EEV/SalesEV/EBITDAFCF yieldRev. growthOp. marginROIC
CMS2220.94.613.5-8.8%+10%19%5%
AEE3019.05.813.2-4.7%+4%25%6%
FTS30————+4%28%5%
DTE2720.93.313.4-7.1%+16%13%6%
CNP2724.25.313.1-10.0%+7%23%5%
FE2724.73.513.9-7.4%+13%15%5%
PPL2620.85.012.4-7.6%+7%24%5%
ES2517.53.810.11.2%+8%22%6%
EIX225.93.36.6-1.8%+11%33%8%
EVRG1921.55.912.9-7.2%+4%26%6%
LNT1822.06.816.3-7.1%+7%22%4%
Median of these 1020.95.013.1-7.1%+7%24%5%

P/E 20.9 vs. a peer median of 20.9; EV/Sales 4.6 vs. 5.0. CMS's own P/E sits at the 55th percentile of its history.

Growth vs. price

each dot a company · hover or tap for values
10200%+10%+20%revenue growth, TTM →P/E (log)CMSAEEDTECNPFEPPLESEIXEVRGLNT

FTS has no P/E (earnings not positive) and is left out · hover or tap a dot for values.

CMS Energy Corporation — questions

What is CMS Energy Corporation's market cap?
$21.8B.
What is CMS Energy Corporation's P/E ratio?
20.9 on trailing twelve-month earnings to 2026-06-30.
What is CMS Energy Corporation's price-to-sales ratio?
2.5.

Every figure on this page comes from CMS Energy Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.