Utilities
Live Price
Offline$17.20
+0.47% today
1Y Change
+0.12%
Window
Jun 23, 2025 → May 29, 2026
Coverage: 236 bars · Jun 23, 2025 → May 29, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
CMS Energy Corporation (CMS-PC) is a Utilities stock with a market cap of $5.20B. The stock last traded around $17.20 and up 0.1% across the available one-year price window (Jun 23, 2025 → May 29, 2026). Baseline metrics include revenue growth of +13.6%, EPS growth of +5.7%, a dividend yield of 2.9%. What stands out right now is revenue +13.6%, EPS +5.7%, free cash flow -145.2% with operating margin 19.5% and ROIC 3.6%. The dividend matters to the case here, with a current yield around 2.9%. Valuation is more restrained than many high-expectation growth names at P/E 20.3 and price/sales 2.6. Stock Foundry combines CMS-PC price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Utilities peers on this page.
Benchmark Comparison
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
CMS-PC
—
Normalized return
SPY
—
S&P 500
Excess Return
—
Relative to SPY
CMS-PC Max Drawdown
-14.92%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Uses the longest available daily history for CMS-PC and SPY.
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$7.3B
-14.7% YoY
FY Net Income
$1.4B
+61.6% YoY
Free Cash Flow
-$257.0M
+83.1% YoY
Revenue Growth
+13.6%
EPS Growth
+5.7%
Gross Margin
64.6%
Net Margin
12.5%
Income statement
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 8.5B | 7.5B | 7.5B | 8.6B | 7.3B |
| Gross Profit | 5.2B | 3.2B | 2.9B | 2.8B | 2.6B |
| Operating Income | 1.7B | 1.5B | 1.2B | 1.2B | 1.1B |
| EBITDA | 3.2B | 3.1B | 2.8B | 2.5B | 2.4B |
| Net Income | 1.1B | 1.0B | 887M | 837M | 1.4B |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 615M | 103M | 227M | 164M | 452M |
| Total Assets | 40.4B | 35.9B | 33.5B | 31.4B | 28.8B |
| Total Liabilities | 30.7B | 27.2B | 25.4B | 23.8B | 21.6B |
| Shareholder Equity | 9.1B | 8.2B | 7.5B | 7.0B | 6.6B |
| Total Debt | 18.9B | 16.6B | 15.7B | 14.3B | 12.5B |
| Net Debt | 18.3B | 16.5B | 15.4B | 14.2B | 12.1B |
Cash flow positioning
Latest Full Year
Operating Cash Flow
1.8B
+112.7% YoY
Capital Expenditures
2.1B
+12.6% YoY
Free Cash Flow
257M
+83.1% YoY
Key ratios
Gross Margin
64.6%
Operating Margin
19.5%
Net Margin
12.5%
ROE
12.3%
Debt / Equity
2.02x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.