CMS Energy Corporation
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its di… Read more
Market Cap & Net Worth: CMS Energy Corporation (CMS)
CMS Energy Corporation (NYSE:CMS) has a market capitalization of $23.99 Billion ($23.99 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #837 globally and #653 in its home market, demonstrating a 1.36% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying CMS Energy Corporation's stock price $78.29 by its total outstanding shares 306420901 (306.42 Million).
CMS Energy Corporation Market Cap History: 2015 to 2026
CMS Energy Corporation's market capitalization history from 2015 to 2026. Data shows growth from $8.47 Billion to $23.99 Billion (10.45% CAGR).
Index Memberships
CMS Energy Corporation is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P 500 Index
GSPC
|
$53.17 Trillion | 0.05% | #318 of 503 |
Weight: CMS Energy Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
CMS Energy Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how CMS Energy Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.51x
CMS Energy Corporation's market cap is 2.51 times its annual revenue
0.40x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
20.01x
CMS Energy Corporation's market cap is 20.01 times its annual earnings
3.06x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $10.07 Billion | $6.40 Billion | $551.00 Million | 1.57x | 18.27x |
| 2017 | $11.78 Billion | $6.58 Billion | $460.00 Million | 1.79x | 25.61x |
| 2018 | $12.75 Billion | $6.87 Billion | $657.00 Million | 1.86x | 19.41x |
| 2019 | $16.58 Billion | $6.62 Billion | $680.00 Million | 2.50x | 24.38x |
| 2020 | $16.53 Billion | $6.42 Billion | $755.00 Million | 2.58x | 21.89x |
| 2021 | $18.13 Billion | $7.33 Billion | $1.35 Billion | 2.47x | 13.40x |
| 2022 | $18.17 Billion | $8.60 Billion | $837.00 Million | 2.11x | 21.70x |
| 2023 | $17.22 Billion | $7.46 Billion | $887.00 Million | 2.31x | 19.41x |
| 2024 | $20.42 Billion | $7.51 Billion | $1.00 Billion | 2.72x | 20.36x |
| 2025 | $21.43 Billion | $8.54 Billion | $1.07 Billion | 2.51x | 20.01x |
Competitor Companies of CMS by Market Capitalization
Companies near CMS Energy Corporation in the global market cap rankings as of March 18, 2026.
Key companies related to CMS Energy Corporation by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #75 globally with a market cap of $192.91 Billion USD.
- NATIONAL GRID CEDEAR EACH REP 1 (BA:NGG): Ranked #144 globally with a market cap of $127.42 Billion USD ( AR$132.53 Trillion ARS).
- Southern Company (NYSE:SO): Ranked #204 globally with a market cap of $97.89 Billion USD.
- Duke Energy Corporation (NYSE:DUK): Ranked #210 globally with a market cap of $96.16 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #75 | Nextera Energy Inc | NYSE:NEE | $192.91 Billion | $92.53 |
| #144 | NATIONAL GRID CEDEAR EACH REP 1 | BA:NGG | $127.42 Billion | AR$66725.00 |
| #204 | Southern Company | NYSE:SO | $97.89 Billion | $98.27 |
| #210 | Duke Energy Corporation | NYSE:DUK | $96.16 Billion | $132.95 |
CMS Energy Corporation Historical Marketcap From 2015 to 2026
Between 2015 and today, CMS Energy Corporation's market cap moved from $8.47 Billion to $ 23.99 Billion, with a yearly change of 10.45%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $23.99 Billion | +11.95% |
| 2025 | $21.43 Billion | +4.92% |
| 2024 | $20.42 Billion | +18.60% |
| 2023 | $17.22 Billion | -5.21% |
| 2022 | $18.17 Billion | +0.18% |
| 2021 | $18.13 Billion | +9.71% |
| 2020 | $16.53 Billion | -0.32% |
| 2019 | $16.58 Billion | +30.04% |
| 2018 | $12.75 Billion | +8.25% |
| 2017 | $11.78 Billion | +17.03% |
| 2016 | $10.07 Billion | +18.85% |
| 2015 | $8.47 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of CMS Energy Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $23.99 Billion USD |
| MoneyControl | $23.99 Billion USD |
| MarketWatch | $23.99 Billion USD |
| marketcap.company | $23.99 Billion USD |
| Reuters | $23.99 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.