Company Profile

CMS insider trades (13 months) →

Today's multi-factor rank: 390 of 466 · see the ranking

Quant500 Scores

Momentum

4.2/10

Value

5.3/10

Growth

4.5/10

Quality

4.0/10

Multifactor

4.5/10

Market and Valuation

Price & Market

Prev Close Price:$66.20

Open:$65.86

Day's Low:$65.14

Day's High:$65.86

Bid / Ask:-

Market Cap:20.18B

Enterprise Value:40.40B

52-Week Range

52-Week Low:$65.14

52-Week High:$80.36

Current position in 52-week range

52w Low-52w High

50-Day Avg:$70.57

200-Day Avg:$73.20

Volume

Volume Today:5,807,961

Avg Volume (3m):3,480,458

Avg Volume (10d):3,166,650

52-Week Change:-7.24%

vs S&P 500, 52 weeks:-

Beta:0.33

Valuation Multiples

PER Trailing:19.92

PER Forward:15.72

PEG Ratio:2.38

Price / Book:2.15

Price / Sales (TTM):2.29

EV / Revenue:4.58

EV / EBITDA:13.39

Dividends

Current yield:3.44%

Annual Dividend Rate:$2.28

Dividend Trailing:$2.23

Yield Trailing:3.36%

5-Year Avg Yield:3.01%

Payout Ratio:66.92%

Last Ex-Dividend Date:-

Valuation Context

P/E vs sector (indicative)

Most Recent Quarter:-

Fiscal Year (Next):-

Date Filter (Month):

Loading historical OHLCV database...

Financial Statements TTM (Trailing 12 Months)

Income Statement

Total Revenue (TTM):8.81B

Gross Profit:3.55B

EBITDA:3.02B

Net Income (TTM):1.02B

Rev Growth (YoY):-0.50%

Earnings Growth (YoY):-43.90%

Quarterly earnings growth (YoY):-40.30%

Margins

Gross Margin:-

EBITDA Margin:-

Operating Margin:-

Net Margin:-

Per Share

EPS Trailing (TTM):-

EPS Forward (Est.):$4.16

Revenue Per Share:$28.86

Cash Per Share:-

Book Value:$30.45

Last Dividend:-

Ex-Dividend Date:-

Last Split:-

Balance Sheet & Liquidity

Total cash:241.00M

Total Debt:19.30B

Net Debt (Debt - Cash):19.06B

Debt / Equity:185.60%

Current Ratio:0.94

Quick Ratio:0.41

Cash Flows

Operating Cash Flow:2.15B

Free Cash Flow (FCF):−2.20B

FCF Yield (FCF / Market Cap):-

Enterprise Value:40.40B

EV / Revenue:4.58

EV / EBITDA:13.39

Profitability

ROE (Return on Equity):9.16%

ROA (Return on Assets):2.97%

PER Trailing:19.92

PER Forward:15.72

Price / Book:2.15

PEG Ratio:2.38

52-Week Change:-7.24%

S&P 500 change, 52 weeks:+14.80%

Historical Evolution (Last 4 Years)

Income Statement

Balance Sheet

Cash Flow

EPS and Earnings Per Share

Key EPS Metrics

EPS Trailing (TTM):$3.28

EPS Forward (Est.):$4.16

PER Forward:-

PEG Ratio:2.38

Growth and Margins

Earnings Growth YoY:-

Quarterly Earnings Growth YoY:-

Rev Growth YoY:-

Net Margin:-

Gross Margin:-

EBITDA Margin:-

Per Share

Revenue Per Share:$28.86

Cash Per Share:-

Book Value:$30.45

Cash Flows (TTM)

Free Cash Flow:−2.20B

Operating Cash Flow:2.15B

EBITDA:3.02B

Total Revenue (TTM):8.81B

Net Income (TTM):1.02B

Fiscal Year (Last):-

EPS Surprise History - Last 4 Quarters

Actual vs. Analyst Estimates · Green = beat expectations · Red = missed

Quarter	Period	Actual EPS	Estimated EPS	Difference	Surprise %	Currency

Ownership Structure

Ownership Distribution

% Insiders:-

% Institutional:-

% Inst. (of Float):-

No. of Institutions:-

Visual distribution

InsidersInstitutionalFree Float

Shares & Short Interest

Shares Outstanding:308,919,602

Float (free shares):311,473,033

Short interest (shares):23,137

Short % of float:-

Short Ratio (days to cover):0.01

Short interest, prior month:-

Short Interest Date:-

Governance Score (1=Best, 10=Worst)

Overall risk:-

Audit Risk:-

Board risk:-

Compensation Risk:-

Shareholder rights risk:-

Top Institutional Holders

Position Change: ▲ Increased · ▼ Reduced · = Unchanged

Organization	Report Date	% Shares	No. Shares	Value (USD)	Change %

Top Mutual Funds

Position Change: ▲ Increased ▼ Decreased = Unchanged

Fund	Report Date	% Shares	No. Shares	Value (USD)	Change %

Recent Insider Trades

Executive / Insider	Title	Date	Action	Shares

Options Chain

Expiration Date:

CALLS

Strike	Last	Bid	Ask	Vol.	O.I.	IV

PUTS

Strike	Last	Bid	Ask	Vol.	O.I.	IV

CMS Energy Corporation (CMS) SEC filings: 10-K, 10-Q and 8-K

Direct links to financial reports filed with the SEC.

Type	Date	Official link
10-Q	2026-07-28	View filing ↗
8-K	2026-06-03	View filing ↗
8-K	2026-05-13	View filing ↗
10-Q	2026-04-28	View filing ↗
DEFA14A	2026-04-01	View filing ↗
DEFA14A	2026-03-26	View filing ↗
PRE 14A	2026-03-13	View filing ↗
8-K	2026-02-20	View filing ↗
10-K	2026-02-10	View filing ↗
8-K	2026-02-05	View filing ↗

Company and Executive Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company 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.

General Information

Headquarters:United States

City:Jackson

Employees:8,350

Sector:Utilities

Industry:Utilities - Regulated Electric

Website:-

Key Executives

Name	Title	Age	Total pay
Mr. Garrick J. Rochow	President, CEO & Director	50	3.77M
Ms. Tonya L. Berry	Executive VP & COO	52	1.24M
Mr. Shaun M. Johnson J.D.	EVP of Business Transformation & Chief Legal & Administrative Officer	46	1.57M
Mr. Brandon J. Hofmeister	Senior Vice President of Strategy, Sustainability & External Affairs	48	1.25M
Mr. LeeRoy Wells Jr.	SVP and President of Gas Delivery of Consumers Energy Company	46	1.31M
Mr. Srikanth Maddipati	CFO & Executive VP	42	-
Mr. Scott B. McIntosh	Chief Accounting Officer, Controller & VP	49	-
Mr. Aaron Rajda	VP of Digital Products & Technology and Chief Digital Officer	-	-

You have seen the engine room

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CMS Energy Corporation (CMS): Quantitative Analysis

Name: Factor scores for CMS Energy Corporation (CMS)
Creator: Quant500
License: https://quant500.com/legal

CMS Energy Corporation (CMS) — Utilities — Utilities - Regulated Electric. CMS is in the S&P 500 today. Model factor scores and market data, recalculated every trading day.

So far in 2026, CMS has returned −4.1% against +12.2% for the S&P 500 (SPY): total return, dividends included on both sides, from Dec 31, 2025 to Sep 18, 2026.

CMS ranks 390 of 466 on today's multifactor score, and 27 of the 31 Utilities companies that score. Its strongest factor is value (Z 0.17, ranked 169 of 494); its weakest is quality (Z -0.59, ranked 417 of 473). Each factor ranks only the companies with data for it, and the multifactor score only those with all four: that is why the totals differ.

Factor scores

The Z-Score is how many standard deviations the company sits from the index average: 0 is average, positive is better than average, negative is worse.

Factor	Z-Score	Rank
Multifactor	-0.299	390 of 466 ↓13
Momentum	-0.454	331 of 497 ↓21
Value	0.172	169 of 494 ↓2
Quality	-0.594	417 of 473 =
Growth	-0.320	351 of 494 =

Market data

Metric	Value
Price	$65.34
Market Cap	20.18B
P/E	19.92
Revenue (last 12 months)	8.81B
Price / book	2.15
Book value per share	$30.45
52-week range	$65.14 – $80.36
Dividend yield	3.44%
Beta	0.33
Average volume	3,480,458
Shares outstanding	308.92M
Short interest (% of float)	0.01% (as of Aug 31, 2026)

When does CMS report earnings? 12 of its last 12, before the open →

What are CMS insiders doing? 60 transactions filed with the SEC, of them 2 buys and 6 sells, the last one on Jul 31, 2026 →

Data as of Sep 18, 2026. Source: point-in-time SEC fundamentals and closing prices. Method and formulas are on the home page.

Company Profile

Market and Valuation

Price & Market

52-Week Range

Volume

Valuation Multiples

Dividends

Valuation Context

Financial Statements TTM (Trailing 12 Months)

Income Statement

Margins

Per Share

Balance Sheet & Liquidity

Cash Flows

Profitability

Historical Evolution (Last 4 Years)

Income Statement

Balance Sheet

Cash Flow

EPS and Earnings Per Share

Key EPS Metrics

Growth and Margins

Per Share

Cash Flows (TTM)

EPS Surprise History - Last 4 Quarters

Ownership Structure

Ownership Distribution

Shares & Short Interest

Governance Score (1=Best, 10=Worst)

Top Institutional Holders

Top Mutual Funds

Recent Insider Trades

Options Chain

CALLS

PUTS

Sentiment Metrics

Expected move

CMS Energy Corporation (CMS) SEC filings: 10-K, 10-Q and 8-K

Company and Executive Profile

General Information

Key Executives

You have seen the engine room

CMS Energy Corporation (CMS): Quantitative Analysis

Factor scores

Market data