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NYSEUtilitiesRegulated Electric
Latest quote
$19.86
−$0.47 · -2.31%
Operating primarily in Michigan, CMS Energy Corporation functions as an energy provider, structured into three principal divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment manages the full spectrum of electricity services, from generating power using a varied portfolio including coal, wind, gas, renewable sources, oil, and nuclear, to its purchase, transmission, distribution, and ultimate sale. This division maintains a substantial infrastructure, featuring extensive overhead and underground distribution lines, numerous substations, and several battery facilities. Meanwhile, the Gas Utility segment focuses on the acquisition, transport, storage, distribution, and sale of natural gas, supported by a broad network of transmission lines, multiple gas storage fields, and compressor stations. The Enterprises segment is dedicated to independent power production and marketing, with a notable emphasis on the development and operation of renewable energy projects. Overall, CMS Energy caters to a significant clientele, providing electricity to 1.9 million customers and natural gas to 1.8 million, encompassing residential, commercial, and various industrial sectors. The company was founded in 1987 and is headquartered in Jackson, Michigan.
Previous close
$19.86
−$0.47 · -2.31%
Regular session · ET · Market data may be delayed.
Operating primarily in Michigan, CMS Energy Corporation functions as an energy provider, structured into three principal divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment manages the full spectrum of electricity services, from generating power using a varied portfolio including coal, wind, gas, renewable sources, oil, and nuclear, to its purchase, transmission, distribution, and ultimate sale. This division maintains a substantial infrastructure, featuring extensive overhead and underground distribution lines, numerous substations, and several battery facilities. Meanwhile, the Gas Utility segment focuses on the acquisition, transport, storage, distribution, and sale of natural gas, supported by a broad network of transmission lines, multiple gas storage fields, and compressor stations. The Enterprises segment is dedicated to independent power production and marketing, with a notable emphasis on the development and operation of renewable energy projects. Overall, CMS Energy caters to a significant clientele, providing electricity to 1.9 million customers and natural gas to 1.8 million, encompassing residential, commercial, and various industrial sectors. The company was founded in 1987 and is headquartered in Jackson, Michigan.
Day range
Current $19.86
52-week range
Current $19.86
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
72
Undervalued
Sentiment
72
Bullish
Risk
15
Low Risk
Momentum
39
Weakening
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Thesis, catalysts, evidence, and risk analysis.
Operating primarily in Michigan, CMS Energy Corporation functions as an energy provider, structured into three principal divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment manages the full spectrum of electricity services, from generating power using a varied portfolio including coal, wind, gas, renewable sources, oil, and nuclear, to its purchase, transmission, distribution, and ultimate sale. This division maintains a substantial infrastructure, featuring extensive overhead and underground distribution lines, numerous substations, and several battery facilities. Meanwhile, the Gas Utility segment focuses on the acquisition, transport, storage, distribution, and sale of natural gas, supported by a broad network of transmission lines, multiple gas storage fields, and compressor stations. The Enterprises segment is dedicated to independent power production and marketing, with a notable emphasis on the development and operation of renewable energy projects. Overall, CMS Energy caters to a significant clientele, providing electricity to 1.9 million customers and natural gas to 1.8 million, encompassing residential, commercial, and various industrial sectors. The company was founded in 1987 and is headquartered in Jackson, Michigan.
Day range
Current $19.86
52-week range
Current $19.86
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 8.54B USD | 7.52B USD | 7.46B USD | 8.6B USD | 7.33B USD |
| Cost of goods sold | 6.3B USD | 5.55B USD | 5.78B USD | 6.96B USD | 5.79B USD |
| Gross profit | 2.24B USD | 1.97B USD | 1.68B USD | 1.64B USD | 1.54B USD |
| Operating expenses | 513M USD | 482M USD | 447M USD | 412M USD | 389M USD |
| Interest income | 38M USD | 50M USD | 37M USD | 5M USD | 3M USD |
| Interest expense | 789M USD | 708M USD | 643M USD | 519M USD | 500M USD |
| Depreciation and amortization | 1.31B USD | 1.24B USD | 1.18B USD | 1.13B USD | 1.11B USD |
| Operating income | 1.73B USD | 1.49B USD | 1.24B USD | 1.22B USD | 1.15B USD |
| Net income | 1.07B USD | 1B USD | 887M USD | 837M USD | 1.35B USD |
Company facts updated Oct 8, 2026.
Recent quarterly results
Recent quarterly results
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Preferred and Income Securities ETFPFF30.93M0.25%12.27B USD0.45%$29.37-0.51%
Invesco Preferred ETFPGX19.33M0.53%3.64B USD0.50%$9.97-0.89%
First Trust Preferred Securities and Income ETFFPE15.07M0.26%5.96B USD0.83%$17.01-0.58%
VanEck Preferred Securities ex Financials ETFPFXF12.96M0.55%2.36B USD0.40%$17.69-0.31%
JPMorgan Preferred and Income Securities ETFJPRF8.5M0.39%2.21B USD0.61%$47.98-0.28%
State Street SPDR ICE Preferred Securities ETFPSK4.82M0.76%635.71M USD0.45%$28.04-0.53%
John Hancock Investments - Preferred Income ETFJHPI497.62K0.23%221.66M USD0.54%$21.71-0.21%
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRF147.43K0.10%141.42M USD0.45%$47.7437-0.20%iShares Preferred and Income Securities ETFPFFInvesco Preferred ETFPGXFirst Trust Preferred Securities and Income ETFFPEVanEck Preferred Securities ex Financials ETFPFXFJPMorgan Preferred and Income Securities ETFJPRFState Street SPDR ICE Preferred Securities ETFPSKJohn Hancock Investments - Preferred Income ETFJHPIGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRFAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
