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

$22.43 Billion USD  · Rank #1175

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

CMS Energy Corporation (NYSE:CMS) has a market capitalization of $22.43 Billion ($22.43 Billion) as of June 22, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1175 globally and #479 in its home market, demonstrating a -0.11% 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 $73.38 by its total outstanding shares 308919602 (308.92 Million). Review CMS Energy Corporation balance sheet liabilities to assess the company's total debt and financial obligations.

CMS Energy Corporation Market Cap History: 2015 to 2026

CMS Energy Corporation's market capitalization history from 2015 to 2026. Data shows growth from $8.54 Billion to $22.67 Billion (9.52% 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
$61.74 Trillion 0.05% #343 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

2.53x

CMS Energy Corporation's market cap is 2.53 times its annual revenue

Industry average: 0.83x Higher than industry average

Latest Price to Earnings (P/E) Ratio

20.17x

CMS Energy Corporation's market cap is 20.17 times its annual earnings

Industry average: 3.42x 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 $10.15 Billion $6.40 Billion $551.00 Million 1.59x 18.42x
2017 $11.88 Billion $6.58 Billion $460.00 Million 1.80x 25.82x
2018 $12.86 Billion $6.87 Billion $657.00 Million 1.87x 19.57x
2019 $16.72 Billion $6.62 Billion $680.00 Million 2.52x 24.58x
2020 $16.66 Billion $6.42 Billion $755.00 Million 2.60x 22.07x
2021 $18.28 Billion $7.33 Billion $1.35 Billion 2.49x 13.51x
2022 $18.32 Billion $8.60 Billion $837.00 Million 2.13x 21.88x
2023 $17.36 Billion $7.46 Billion $887.00 Million 2.33x 19.57x
2024 $20.59 Billion $7.51 Billion $1.00 Billion 2.74x 20.53x
2025 $21.60 Billion $8.54 Billion $1.07 Billion 2.53x 20.17x

Competitor Companies of CMS by Market Capitalization

Companies near CMS Energy Corporation in the global market cap rankings as of June 22, 2026.

Key companies related to CMS Energy Corporation by market ranking:

  • Nextera Energy Inc (NYSE:NEE): Ranked #122 globally with a market cap of $180.67 Billion USD.
  • Southern Company (NYSE:SO): Ranked #257 globally with a market cap of $97.89 Billion USD.
  • Duke Energy Corporation (NYSE:DUK): Ranked #259 globally with a market cap of $96.56 Billion USD.
  • National Grid PLC ADR (NYSE:NGG): Ranked #296 globally with a market cap of $86.46 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#122 Nextera Energy Inc NYSE:NEE $180.67 Billion $86.75
#257 Southern Company NYSE:SO $97.89 Billion $93.09
#259 Duke Energy Corporation NYSE:DUK $96.56 Billion $123.86
#296 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 $8.54 Billion to $ 22.67 Billion, with a yearly change of 9.52%.

Year Market Cap Change (%)
2026 $22.67 Billion +4.93%
2025 $21.60 Billion +4.92%
2024 $20.59 Billion +18.60%
2023 $17.36 Billion -5.21%
2022 $18.32 Billion +0.18%
2021 $18.28 Billion +9.71%
2020 $16.66 Billion -0.32%
2019 $16.72 Billion +30.04%
2018 $12.86 Billion +8.25%
2017 $11.88 Billion +17.03%
2016 $10.15 Billion +18.85%
2015 $8.54 Billion --

End of Day Market Cap According to Different Sources

On Jun 22nd, 2026 the market cap of CMS Energy Corporation was reported to be:

Source Market Cap
Yahoo Finance $22.43 Billion USD
MoneyControl $22.43 Billion USD
MarketWatch $22.43 Billion USD
marketcap.company $22.43 Billion USD
Reuters $22.43 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
$22.67 Billion
Market Cap Rank
#1175 Global
#479 in USA
Share Price
$73.38
Change (1 day)
+0.10%
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