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Company Analysis

CMS Energy Corporation CMS

A comprehensive view of key metrics, scores, and financial health for CMS Energy Corporation

Overview of CMS Energy Corporation

CMS NYQ
Utilities Utilities - Regulated Electric Large Cap
CMS Energy Corporation (CMS), is a Large Cap company, in the Utilities - Regulated Electric industry, last closed at $77.83, about 38.3% overvalued vs fair value, +6.2% 1Y return, ranked 40/116 in sector.
$77.83
1.37%
As of March 13, 2026
Previous close • Vol 90d: 14.9%
52-Week Range
Market Cap
$23.85B
Enterprise Value
$42.24B
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.cmsenergy.com
HQ Jackson, MI
Employees 8,350
Fiscal year Dec 31

Next Events

Earnings Apr 23 Estimated

Fair Value Snapshot

Bear Base Bull
$40
$48
$56
Current: $77.83 -38% vs base

Engine Room Money Flow™

Large Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$8.5B
13.6%%
Gross Profit
$3.5B
10.5%%
Operating Income
$1.7B
16.1%%
Net Income
$1.1B
6.8%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
-168.3%
Poor

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
5
Active Leaks
0/5
Improving
0
High Impact
4
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating CMS Energy Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
49
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
47
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing CMS's balance between Growth (31.8%), Profitability (28.9%), and Safety (39.3%). Growth 32% Safety 39% Profitability 29%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

48th percentile vs peers
48
Key Signals
Rev Growth YoY 13.6% 75p EPS Growth YoY 4.0% 52p EPS CAGR 3Y 6.8% 64p Revenue CAGR 3Y -0.2% 15p TSR 8.2% 16p
Strengths
  • D/E Ratio in top 20% of peers (2.07, 81th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Strong liquidity position vs peers
  • Conservative leverage compared to industry peers
Risks

No significant risks identified for this axis.

Profitability

44th percentile vs peers
44
Key Signals
Strengths
Risks
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Safety

59th percentile vs peers
60
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for CMS Energy Corporation.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$48.03
- - -
-38.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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