Pricing Log in Create free account
Friday 6 November 2026 Export CMS’s income statement to Excel — free account

CMS Energy Corporation

CMS Utilities Utilities Regulated Electric

CMS Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.5 billion, up 13.6% from fiscal 2024.

Revenue
+8.02%
EPS
−131.6%
Free cash flow
+26.3%
Total debt
+11.8%

Quarter to September 2026, against a year earlier

70.50 0.48 −0.68%
Market cap
$22.2B
P/E
33.3×
Fwd P/E
19.2×
Dividend yield
4.00%
F-score
5/9
Altman Z
0.86
Beneish M
−2.41
Dividend safety
27/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

CMS Energy Corporation (CMS) Book value per share

Alert me on Book value per share

CMS Energy Corporation's book value per share at the end of fiscal 2025 was 32.3×, up 9.97% from 29.4× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 32.9×. Over the past ten years it has ranged from 14.4× (fiscal 2015) to 32.3× (fiscal 2025) — the current reading is the highest in ten years. CMS Energy Corporation ranks 24th of 39 Utilities Regulated Electric companies by book value per share.

Book value per share, annual

Embed this chart

Annual newest first

Period Book value per share Change
FY2025 32.3× 9.97%
FY2024 29.4× 5.35%
FY2023 27.9× 6.35%
FY2022 26.2× 5.48%
FY2021 24.9× 16.65%
FY2020 21.3× 19.37%
FY2019 17.9× 5.19%
FY2018 17.0× 6.18%
FY2017 16.0× 3.60%
FY2016 15.4× 7.03%

Quarterly newest first

Period Book value per share Change
Sep 2026 32.9× (1.85%)
Jun 2026 33.5× 2.19%
Mar 2026 32.8× 1.47%
Dec 2025 32.3× 2.73%
43 more quarters

Against its own ten years

Low 14.4× High 32.3×
Ten-year median 21.3×
Current reading's percentile 100

Book value per share against peers

Company Book value per share
DTE DTE Energy Company compare 60.9×
EIX Edison International compare 50.5×
EVRG Evergy Inc. compare 47.9×
ES Eversource Energy compare 43.4×
CMS CMS Energy Corporation 32.9×
LNT Alliant Energy Corporation compare 30.1×
FE FirstEnergy Corporation compare 25.0×
PPL PPL Corporation compare 20.0×
CNP CenterPoint Energy, Inc. compare 17.8×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

More on CMS