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Saturday 17 October 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. In the quarter to June 2026, revenue was flat, EPS fell 43.9%, free cash flow grew 26.6% and total debt rose 6.96%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years; insiders bought in the last twelve months.

68.93 1.99 +2.97%
Market cap
$21.0B
P/E
20.7×
Fwd P/E
18.6×
Dividend yield
3.27%
F-score
5/9
Altman Z
0.86
Beneish M
−2.41
Dividend safety
27/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

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 June 2026 it was 33.5×. 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 22nd of 40 Utilities Regulated Electric companies by book value per share.

Book value per share, annual

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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
Jun 2026 33.5× 2.19%
Mar 2026 32.8× 1.47%
Dec 2025 32.3× 2.73%
Sep 2025 31.5× 4.71%
42 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 58.4×
EIX Edison International compare 49.6×
EVRG Evergy Inc. compare 44.5×
ES Eversource Energy compare 43.4×
CMS CMS Energy Corporation 33.5×
LNT Alliant Energy Corporation compare 29.1×
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 →

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