CMS ENERGY CORPORATION (CMSA)

19.55USD -0.56% (-0.11)

Over 1M: -5.7%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

19.5 20 20.5
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '23 — Operating Income: 271M Q3 '23 — Operating Cash Flow: 199M Q3 '23 — Net Income: 176M Q4 '23 — Operating Income: 406M Q4 '23 — Operating Cash Flow: 405M Q4 '23 — Net Income: 309M Q1 '24 — Operating Income: 412M Q1 '24 — Operating Cash Flow: 956M Q1 '24 — Net Income: 287M Q2 '24 — Operating Income: 283M Q2 '24 — Operating Cash Flow: 707M Q2 '24 — Net Income: 198M Q3 '24 — Operating Income: 367M Q3 '24 — Operating Cash Flow: 304M Q3 '24 — Net Income: 253M Q4 '24 — Operating Income: 425M Q4 '24 — Operating Cash Flow: 403M Q4 '24 — Net Income: 265M Q1 '25 — Operating Income: 494M Q1 '25 — Operating Cash Flow: 1B Q1 '25 — Net Income: 304M Q2 '25 — Operating Income: 317M Q2 '25 — Operating Cash Flow: 414M Q2 '25 — Net Income: 201M Q3 '25 — Operating Income: 481M Q3 '25 — Operating Cash Flow: 343M Q3 '25 — Net Income: 277M Q4 '25 — Operating Income: 435M Q4 '25 — Operating Cash Flow: 478M Q4 '25 — Net Income: 289M Q1 '26 — Operating Income: 490M Q1 '26 — Operating Cash Flow: 705M Q1 '26 — Net Income: 340M Q2 '26 — Operating Income: 264M Q2 '26 — Operating Cash Flow: 622M Q2 '26 — Net Income: 120M 0 200M 400M 600M 800M 1B
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Operating Income Operating Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.4
OE margin 24.4%
Oper. margin 18.9%
ROIC 4.6%
Accruals -2.7%
FCF margin 24.4%
OCF margin 24.4%
OCF / EBIT 1.3×
ROA 2.5%
ROE 10.5%
ROCE 4.4%
Capex / sales —
Gross margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

9.1
EV/OE 11.7×
EV/EBIT 15.1×
FCF yield 35.0%
P/B 0.63×
P/E 6.0×
EV/Sales 2.9×
P/C 25.4×
Div. yield 0.23%
EV/GP —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.2
Segment HHI 0.52 HHI
RPO / sales —
RPO growth —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.5
ND/EBITDA -0.76
Current ratio 0.94×
Payout 1.4%
F-score 5.6 pts
Debt payback 8.9 yr
Quick ratio 0.94×
Cash / Debt 0.012×
Debt / Eq 2.0×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.7
Sales/sh Y/Y +8.9%
Div. growth +16.7%
Shares change +0.91%
EBIT CAGR +9.3%
EPS Y/Y -0.61%
EBIT Y/Y +4.2%
EPS CAGR 4Y -6.7%
Sales Q/Q -0.49%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.