CMS Energy Corporation (NYSE:CMS) — Market Cap & Net Worth

$22.96 Billion USD  · Rank #1116

Market Cap & Net Worth: CMS Energy Corporation (CMS)

CMS Energy Corporation (NYSE:CMS) has a market capitalization of $22.96 Billion ($22.96 Billion) as of May 7, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1116 globally and #456 in its home market, demonstrating a -1.47% decrease 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 $74.93 by its total outstanding shares 306420901 (306.42 Million). Analyse CMS Energy Corporation cash flow conversion to see how efficiently the company converts income to cash.

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 $22.96 Billion (9.85% 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
$59.31 Trillion 0.05% #334 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

Industry average: 0.52x Higher than industry average

Latest Price to Earnings (P/E) Ratio

20.01x

CMS Energy Corporation's market cap is 20.01 times its annual earnings

Industry average: 4.44x Higher than industry average

What 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 May 7, 2026.

Key companies related to CMS Energy Corporation by market ranking:

  • Nextera Energy Inc (NYSE:NEE): Ranked #108 globally with a market cap of $195.35 Billion USD.
  • Duke Energy Corporation (NYSE:DUK): Ranked #248 globally with a market cap of $99.28 Billion USD.
  • Southern Company (NYSE:SO): Ranked #253 globally with a market cap of $97.89 Billion USD.
  • National Grid PLC ADR (NYSE:NGG): Ranked #299 globally with a market cap of $86.46 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#108 Nextera Energy Inc NYSE:NEE $195.35 Billion $96.28
#248 Duke Energy Corporation NYSE:DUK $99.28 Billion $127.58
#253 Southern Company NYSE:SO $97.89 Billion $95.90
#299 National Grid PLC ADR NYSE:NGG $86.46 Billion $86.96

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 $ 22.96 Billion, with a yearly change of 9.85%.

Year Market Cap Change (%)
2026 $22.96 Billion +7.15%
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 May 6th, 2026 the market cap of CMS Energy Corporation was reported to be:

Source Market Cap
Yahoo Finance $22.96 Billion USD
MoneyControl $22.96 Billion USD
MarketWatch $22.96 Billion USD
marketcap.company $22.96 Billion USD
Reuters $22.96 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About CMS Energy Corporation

NYSE:CMS USA Utilities - Regulated Electric
Market Cap
$22.96 Billion
Market Cap Rank
#1116 Global
#456 in USA
Share Price
$74.93
Change (1 day)
-1.00%
52-Week Range
$68.57 - $79.94
All Time High
$79.94
About

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