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CMS Energy CMS Market capitalization

Market capitalization at other companies

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Nextra EnergyNEE
$193.52B+32.7%
DTE Energy logo
DTE EnergyDTE
$30.42B+6.0%
PG&E logo
PG&EPCG
$38.62B+2.5%
Entergy logo
EntergyETR
$51.44B+39.7%
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Duke EnergyDUK
$90.9B+17.5%
CNP
CenterPoint EnergyCNP
$28.23B+19.4%

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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Enterprise value$41.5B+9.9%
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

Computed from the period-end share price: $23.89B.

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 market capitalization?
CMS Energy (CMS) reported market capitalization of $23.89B in Q1 2026.
How has CMS Energy's market capitalization changed year-over-year?
CMS Energy's market capitalization increased by 6.4% year-over-year, from $22.47B to $23.89B.
What is the long-term trend for CMS Energy's market capitalization?
Over 4 years (2021 to 2025), CMS Energy's market capitalization has grown at a 5.1% compound annual growth rate (CAGR), from $71B to $86.53B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.