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CMS Energy Corporation 5.6% JRSUB NT 78

Company price
19.34 USD 0.43 ( 2.27%)
Last update at 2026-11-04T20:49:00Z
VOLUME
16041
Market Cap
6164.22M
P/E
12.24

Momentum Score

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CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segment's transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,431 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,098 miles of electric distribution overhead lines; 10,665 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment's gas transmission, storage, and distribution system comprises 1,672 miles of transmission lines; 15 gas storage fields; 28,194 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. This segment owns interests in independent power plants totaling 1,203 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in Michigan's Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

Source: TradingView
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Day Price Range
18.90
Low
19.49
High
52 Week Price Range
19.67
Low
23.92
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
18.91
Dividend Yield
6.18%
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
2.07
ROE
-
Net Debt
18324.00M
ROCE
5.53%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1248.00M 1123.00M 954.00M 902.00M 823.00M
Net income 1071.00M 1003.00M 887.00M 809.00M 1353.00M
Selling general administrative 3474.12M - - - -
Gross profit 5201.12M 3209.00M 2862.00M 7691.00M 1535.00M
Ebit 2037.00M 1831.00M 1415.00M 1421.00M 1323.00M
Ebitda 3187.00M 3071.00M 2470.00M 2547.00M 2437.00M
Depreciation and amortization 1150.00M 1240.00M 1055.00M 1126.00M 1114.00M
Operating income 1727.00M 1487.00M 1235.00M 932.00M 1146.00M
Other operating expenses 6812.00M 6028.00M 6227.00M 8277.00M 6183.00M
Interest expense 789.00M 708.00M 643.00M 12.00M 500.00M
Income tax expense 246.00M 176.00M 147.00M 93.00M 95.00M
Total revenue 8539.00M 7515.00M 7462.00M 8596.00M 7329.00M
Total operating expenses 3474.12M 1722.00M 1627.00M 7372.00M 389.00M
Cost of revenue 3337.88M 4306.00M 4600.00M 905.00M 5794.00M
Total other income expense net -479.00M -364.00M -281.00M -322.00M -323.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 40388.00M 35920.00M 33517.00M 29916.00M 28753.00M
Other current assets 743.00M 855.00M 730.00M 2977.00M 1270.00M
Total liab 30677.00M 27172.00M 26151.00M 19761.00M 17861.00M
Total stockholder equity 9144.00M 8230.00M 7544.00M 10118.00M 9279.00M
Other current liab 1185.00M 511.00M 1009.00M 912.00M 789.00M
Common stock 3.00M 3.00M 3.00M 10959.00M 6407.00M
Retained earnings 2443.00M 2035.00M 1658.00M 2008.00M 1834.00M
Other assets - - -759.00M - -
Cash 615.00M 103.00M 227.00M 43.00M 452.00M
Total current liabilities 3548.00M 3521.00M 2895.00M 2871.00M 1822.00M
Current deferred revenue - - 763.00M - -
Net debt 18324.00M 16487.00M 15442.00M 10244.00M 7796.00M
Short term debt 959.00M 1263.00M 1077.00M 1095.00M 198.00M
Short long term debt total 18939.00M 16590.00M 15669.00M 10287.00M 8248.00M
Other stockholder equity 6510.00M 6009.00M 5705.00M -3058.00M 6562.00M
Total current assets 3472.00M 2790.00M 2839.00M 3236.00M 2627.00M
Short term investments - - -22.00M - -
Net receivables 1323.00M 1063.00M 944.00M 10.00M 905.00M
Inventory 791.00M 769.00M 938.00M 206.00M -
Accounts payable 1404.00M 1093.00M 809.00M 864.00M 835.00M
Accumulated other comprehensive income -36.00M -41.00M -46.00M -15.00M -32.00M
Non currrent assets other 5688.00M 5576.00M 5504.00M 4751.00M 3418.00M
Non current assets total 36916.00M 33130.00M 31437.00M 26680.00M 26126.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total cashflows from investing activities -4034.00M -3049.00M - - -
Total cash from financing activities 2236.00M 609.00M 1143.00M 1327.00M -295.00M
Net income 1071.00M 1003.00M 886.00M 813.00M 1330.00M
Change in cash 437.00M -70.00M 66.00M -294.00M 291.00M
Begin period cash flow 178.00M 248.00M 182.00M 476.00M 185.00M
End period cash flow 615.00M 178.00M 248.00M 182.00M 476.00M
Total cash from operating activities 2235.00M 2370.00M 2309.00M 855.00M 1819.00M
Depreciation 1306.00M 1240.00M 1180.00M 1126.00M 1114.00M
Other cashflows from investing activities -214.00M -160.00M - - -
Dividends paid 663.00M 626.00M 579.00M 546.00M 509.00M
Change to inventory -28.00M 164.00M 185.00M -450.00M -93.00M
Change to account receivables -251.00M -155.00M 241.00M -677.00M -103.00M
Sale purchase of stock - - 3624.00M - 475.00M
Other cashflows from financing activities -20.00M -33.00M 303.00M 1910.00M -52.00M
Capital expenditures 3824.00M 3018.00M 3219.00M 2481.00M 2209.00M
Change in working capital -61.00M 262.00M 416.00M -1113.00M -46.00M
Stock based compensation - - 28.00M 26.00M -746.00M
Other non cash items -283.00M -277.00M -201.00M -60.00M -82.00M
Free cash flow -1589.00M -648.00M -910.00M -1626.00M -390.00M

Peer Comparison*

Sector: Utilities Industry: Multiline Utilities

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
CMSA
CMS Energy Corporation 5.6% JRSUB NT 78
0.43
2.27%
19.34 12.24 - - -
CMSC
CMS Energy Corporation 5.875% J
0.52
2.62%
20.37 - - - -
CMSD
CMS Energy Corporation 5.875% J
0.38
1.89%
20.23 - - - -

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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