CMS Energy Corp. is a holding company, which engages in business through its subsidiaries. It operates through the following business segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution and sale of electricity. The Gas Utility segment is comprised of the purchase, transmission, storage, distribution and sale of natural gas The Enterprises segment engages primarily in domestic independent power production, marketing of independent power production and the development and operation of renewable generation. The company was founded in 1987 and is headquartered in Jackson, MI.
Highlights
CMS's net income is up by 29% year-on-year and by 6% since the previous quarter
CMS's EPS is up by 29% year-on-year and by 6% since the previous quarter
The debt has grown by 23% YoY and by 6% from the previous quarter
CMS's revenue is down by 4.1% YoY
Key stats
What are the main financial stats of CMS
Market
Shares outstanding
286.28M
Market cap
$18.92B
Enterprise value
$32.54B
Valuations
Price to earnings (P/E)
24.85
Price to book (P/B)
3.63
Price to sales (P/S)
2.85
EV/EBIT
18.32
EV/EBITDA
11.65
EV/Sales
4.9
Earnings
Revenue
$6.65B
EBIT
$1.78B
EBITDA
$2.79B
Free cash flow
-$579M
Per share
EPS
$2.66
Free cash flow per share
-$2.02
Book value per share
$18.22
Revenue per share
$23.23
TBVPS
$99.86
Balance sheet
Total assets
$28.58B
Total liabilities
$23.33B
Debt
$15.23B
Equity
$5.21B
Working capital
$409M
Liquidity
Debt to equity
2.92
Current ratio
1.13
Quick ratio
1.59
Net debt/EBITDA
4.88
Margins
EBITDA margin
42%
Gross margin
40.1%
Net margin
11.3%
Operating margin
24.8%
Efficiency
Return on assets
2.8%
Return on equity
14.8%
Return on invested capital
4.7%
Return on capital employed
7%
Return on sales
26.7%
Dividend
Dividend yield
2.43%
DPS
$1.61
Payout ratio
60.4%
CMS stock price
How has the Cms Energy stock price performed over time
Financial performance
How have Cms Energy's revenue and profit performed over time
Revenue
$6.65B
Gross profit
$2.67B
Operating income
$1.65B
Net income
$753M
Gross margin
40.1%
Net margin
11.3%
The net margin has grown by 35% YoY and by 6% from the previous quarter
CMS's net income is up by 29% year-on-year and by 6% since the previous quarter
Cms Energy's operating margin has increased by 19% YoY and by 3.8% QoQ
Cms Energy's gross margin has increased by 15% YoY and by 2.6% QoQ
Growth
What is Cms Energy's growth rate over time
Valuation
What is Cms Energy stock price valuation
P/E
24.85
P/B
3.63
P/S
2.85
EV/EBIT
18.32
EV/EBITDA
11.65
EV/Sales
4.9
CMS's EPS is up by 29% year-on-year and by 6% since the previous quarter
The P/E is 4% above the 5-year quarterly average of 23.9
The price to book (P/B) is 21% higher than the 5-year quarterly average of 3.0 and 7% higher than the last 4 quarters average of 3.4
Cms Energy's equity has increased by 7% YoY
CMS's price to sales (P/S) is 36% more than its 5-year quarterly average of 2.1 and 10% more than its last 4 quarters average of 2.6
CMS's revenue is down by 4.1% YoY
Efficiency
How efficient is Cms Energy business performance
CMS's return on sales is up by 22% year-on-year and by 3.9% since the previous quarter
CMS's return on equity is up by 22% year-on-year and by 4.2% since the previous quarter
The company's return on assets rose by 17% YoY and by 3.7% QoQ
The ROIC has grown by 4.4% YoY
Dividends
What is CMS's dividend history
DPS
$1.61
Dividend yield
2.43%
Payout ratio
60.4%
Recent dividends
Financial health
How did Cms Energy financials performed over time
Cms Energy's total assets is 23% more than its total liabilities
The company's current ratio rose by 20% YoY and by 18% QoQ
Cms Energy's total liabilities has increased by 14% YoY and by 5% QoQ
The debt is 192% more than the equity
The debt has grown by 23% YoY and by 6% from the previous quarter
Cms Energy's debt to equity has increased by 14% YoY and by 5% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.