Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
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) P/E ratio

As of 25 September 2026, CMS Energy Corporation (CMS) trades at a P/E ratio of 18.9×. Over the past ten years it has ranged from 11.9× (October 2022) to 31.6× (September 2019); the current reading is higher than 13% of that period. That is in line with the Utilities Regulated Electric industry median of 18.8× and in line with the Utilities sector median of 19.0×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 19.8× (1.32%)
FY2024 20.1× 2.05%
FY2023 19.7× (12.03%)
FY2022 22.4× 60.19%
FY2021 14.0× (39.37%)
FY2020 23.0× (12.07%)
FY2019 26.2× 22.87%
FY2018 21.3× (25.57%)
FY2017 28.6× 37.18%
FY2016 20.9× 9.90%

Quarterly

Period P/E ratio Change
Jun 2026 23.0× 7.20%
Mar 2026 21.4× 8.18%
Dec 2025 19.8× (6.44%)
Sep 2025 21.2× 3.30%
42 more quarters

Against its own ten years

Low 11.9× High 31.6×
Ten-year median 21.5×
Current reading's percentile 13

P/E ratio against peers

Company P/E ratio
EIX Edison International compare 5.4×
ES Eversource Energy compare 16.5×
PPL PPL Corporation compare 18.8×
CMS CMS Energy Corporation 18.9×
DTE DTE Energy Company compare 19.1×
EVRG Evergy Inc. compare 19.4×
FTS Fortis compare 21.5×
CNP CenterPoint Energy, Inc. compare 21.7×
FE FirstEnergy Corporation compare 23.0×
Utilities Regulated Electric industry median 18.8×
Utilities sector median 19.0×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on CMS