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 EPS is up by 13% year-on-year and by 4.6% since the previous quarter
CMS's net income is up by 13% year-on-year and by 4.4% since the previous quarter
Cms Energy's quick ratio has decreased by 14% YoY but it has increased by 10% QoQ
The P/E is 9% below the last 4 quarters average of 26.7 but 2.1% above the 5-year quarterly average of 23.8
The debt has grown by 19% YoY and by 8% from the previous quarter
CMS's revenue is down by 4.7% YoY and by 2.8% from the previous quarter
Key stats
What are the main financial stats of CMS
Market
Shares outstanding
286.22M
Market cap
$17.45B
Enterprise value
$30.92B
Valuations
Price to earnings (P/E)
24.29
Price to book (P/B)
3.34
Price to sales (P/S)
2.6
EV/EBIT
18.06
EV/EBITDA
11.36
EV/Sales
4.65
Earnings
Revenue
$6.65B
EBIT
$1.71B
EBITDA
$2.72B
Free cash flow
-$675M
Per share
EPS
$2.51
Free cash flow per share
-$2.38
Book value per share
$18.27
Revenue per share
$23.43
TBVPS
$96.7
Balance sheet
Total assets
$27.45B
Total liabilities
$22.23B
Debt
$14.34B
Equity
$5.19B
Working capital
-$123M
Liquidity
Debt to equity
2.77
Current ratio
0.96
Quick ratio
1.36
Net debt/EBITDA
4.95
Margins
EBITDA margin
40.9%
Gross margin
39.1%
Net margin
10.7%
Operating margin
23.9%
Efficiency
Return on assets
2.7%
Return on equity
14.2%
Return on invested capital
4.7%
Return on capital employed
7%
Return on sales
25.7%
Dividend
Dividend yield
2.64%
DPS
$1.61
Payout ratio
64%
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
$2.6B
Operating income
$1.59B
Net income
$710M
Gross margin
39.1%
Net margin
10.7%
The net margin has grown by 19% YoY and by 8% from the previous quarter
CMS's net income is up by 13% year-on-year and by 4.4% since the previous quarter
Cms Energy's operating margin has increased by 13% YoY and by 3.9% QoQ
Cms Energy's gross margin has increased by 12% YoY and by 4.3% QoQ
Valuation
What is Cms Energy stock price valuation
P/E
24.29
P/B
3.34
P/S
2.6
EV/EBIT
18.06
EV/EBITDA
11.36
EV/Sales
4.65
CMS's EPS is up by 13% year-on-year and by 4.6% since the previous quarter
The P/E is 9% below the last 4 quarters average of 26.7 but 2.1% above the 5-year quarterly average of 23.8
The price to book (P/B) is 11% higher than the 5-year quarterly average of 3.0 but 4.6% lower than the last 4 quarters average of 3.5
Cms Energy's equity has increased by 7% YoY and by 3.3% from the previous quarter
CMS's price to sales (P/S) is 24% more than its 5-year quarterly average of 2.1 and 4% more than its last 4 quarters average of 2.5
CMS's revenue is down by 4.7% YoY and by 2.8% from the previous quarter
Efficiency
How efficient is Cms Energy business performance
CMS's return on sales is up by 16% year-on-year and by 4.9% since the previous quarter
CMS's return on equity is up by 8% year-on-year and by 2.9% since the previous quarter
The company's return on assets rose by 3.8% QoQ and by 3.8% YoY
Dividends
What is CMS's dividend history
DPS
$1.61
Dividend yield
2.64%
Payout ratio
64%
Recent dividends
Financial health
How did Cms Energy financials performed over time
Cms Energy's total assets is 24% more than its total liabilities
The company's current ratio fell by 15% YoY but it rose by 12% QoQ
Cms Energy's quick ratio has decreased by 14% YoY but it has increased by 10% QoQ
The debt is 177% more than the equity
The debt has grown by 19% YoY and by 8% from the previous quarter
Cms Energy's debt to equity has increased by 12% YoY and by 4.9% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.