Price History
Feb 9, 2026 — Apr 4, 2026Investment Snapshot
- Trading 63% above Graham Number — above intrinsic value estimate
- Piotroski F-Score 4/9 — moderate financial health
- ROE of 11.3% — below-average profitability
- Revenue growing at 14% annually
CMS ENERGY CORPORATION (CMS) is a Utilities company operating in Electric & Other Services Combined, listed on the NYSE , with a market capitalisation of $23.8 billion . Key value metrics: P/E ratio 23.0, P/B ratio 2.61, Piotroski F-Score 4 out of 9 (moderate financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
CMS ENERGY CORPORATION — Fundamental Analysis Summary
CMS ENERGY CORPORATION (CMS) is currently trading 63% above its Graham Number of $47.62, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 23.0x.
On financial health, CMS shows a moderate Piotroski F-Score of 4/9, and modest return on equity of 11.3% (sector average: 6.7%), and elevated leverage with a debt-to-equity ratio of 1.95.
StockPik's composite Value Score for CMS is 45/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
CMS shows revenue growing at 14% year-over-year, with earnings growing at 7%.
CMS pays a modest dividend yield of 2.8%.