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CMS Energy CMS Enterprise value

Enterprise value at other companies

Nextra Energy logo
Nextra EnergyNEE
$288.83B+25.2%
DTE Energy logo
DTE EnergyDTE
$53.62B+8.0%
PG&E logo
PG&EPCG
$99.45B+9.8%
Entergy logo
EntergyETR
$83.9B+26.5%
Duke Energy logo
Duke EnergyDUK
$172.85B+10.1%
CNP
CenterPoint EnergyCNP
$48.26B+12.4%

Other financials

Income statement

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Revenue$2.7B+11.6%
Operating income$490.0M-0.8%
Net income$340.0M+11.8%
EPS (diluted)$1.10+8.9%

Balance sheet

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Cash & equivalents$263.0M-50.0%
Total debt$19.1B+12.7%
Total equity$9.5B+13.6%
Total assets$40.3B+11.0%

Cash flow

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Operating cash flow$705.0M-29.5%
CapEx$1.0B+17.0%
Free cash flow-$334.0M-398%

Valuation

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Market cap$22.65B+6.4%
P/E20.5×-0.4×
P/S2.6×-0.2×

Profitability

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Operating margin19.5%-0.6pp
Net margin12.5%-0.6pp

Returns & leverage

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Return on equity12.4%-0.1pp
Debt / equity0.0×
Current ratio0.8×-0.2×

Where this comes from

Calculated from CMS Energy’s reported figures.

The official record: CMS Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CMS Energy's enterprise value?
CMS Energy (CMS) reported enterprise value of $42.75B in Q1 2026.
How has CMS Energy's enterprise value changed year-over-year?
CMS Energy's enterprise value increased by 9.9% year-over-year, from $38.9B to $42.75B.
What is the long-term trend for CMS Energy's enterprise value?
Over 4 years (2021 to 2025), CMS Energy's enterprise value has grown at a 6.4% compound annual growth rate (CAGR), from $121.93B to $156.04B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.