CMS Energy Corporation (CMS) vs Fortis (FTS)
CMS Energy Corporation and Fortis are both Utilities Regulated Electric companies. Fortis is the larger, with a market value of $26.9B against $21.8B — 1.2× the size. CMS Energy Corporation trades at the lower P/E: 18.9× against 21.5×. CMS Energy Corporation grew revenue faster over the last twelve months: 9.93% against 5.32%. Fortis has the higher net margin (14.0% vs 11.5%) and the lower return on invested capital (3.46% vs 3.56%). Both pay a dividend; Fortis yields more (4.35% vs 3.68%). Across the 22 metrics below, CMS Energy Corporation leads on 15 and Fortis on 7.
Valuation
Profitability
| Metric | CMS | FTS | Utilities Regulated Electric median |
|---|---|---|---|
| Gross margin | 61.16% | 45.34% | 66.28% |
| Operating margin | 18.95% | 28.32% | 21.79% |
| Net margin | 11.53% | 14.00% | 12.94% |
| Free cash flow margin | (21.67%) | (16.64%) | (11.51%) |
| Return on equity | 10.74% | 6.96% | 9.75% |
| Return on assets | 2.59% | 2.29% | 2.75% |
| Return on invested capital | 3.56% | 3.46% | 3.87% |
Growth
Health
Dividend
Size
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