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Screener Weekly Summary Pricing

CMS Energy Corporation CMS

Utilities  —  Utilities Regulated Electric
62.95 0.18 0.29% as of 25 Sep
Market cap
$21.8B
P/E
18.9×
S&P 500 Member Dividend Champion (3y) Insider Buys (last 12m)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

CMS Energy Corporation (CMS) EV/EBITDA

As of 25 September 2026, CMS Energy Corporation (CMS) trades at a EV/EBITDA of 12.8×. Over the past ten years it has ranged from 9.1× (June 2015) to 15.6× (November 2020); the current reading is higher than 39% of that period. That is above the Utilities Regulated Electric industry median of 11.8× and above the Utilities sector median of 12.1×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 13.0× (2.30%)
FY2024 13.3× (1.61%)
FY2023 13.5× (2.73%)
FY2022 13.9× 1.66%
FY2021 13.6× 4.19%
FY2020 13.1× (10.60%)
FY2019 14.6× 20.12%
FY2018 12.2× 16.18%
FY2017 10.5× 3.57%
FY2016 10.1× 3.36%

Quarterly

Period EV/EBITDA Change
Jun 2026 14.1× 1.33%
Mar 2026 13.9× 7.68%
Dec 2025 13.0× (1.63%)
Sep 2025 13.2× 0.26%
42 more quarters

Against its own ten years

Low 9.1× High 15.6×
Ten-year median 13.2×
Current reading's percentile 39

EV/EBITDA against peers

Company EV/EBITDA
EIX Edison International compare 6.4×
ES Eversource Energy compare 9.7×
EVRG Evergy Inc. compare 11.0×
PPL PPL Corporation compare 11.7×
CNP CenterPoint Energy, Inc. compare 12.4×
DTE DTE Energy Company compare 12.7×
CMS CMS Energy Corporation 12.8×
FTS Fortis compare 13.1×
FE FirstEnergy Corporation compare 14.6×
Utilities Regulated Electric industry median 11.8×
Utilities sector median 12.1×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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