US stock · Utilities sector · Utilities—Regulated Electric
Company Logo

CMS Energy Corporation

CMSNYSE

63.45

USD
+0.70
(+1.12%)
After Hours Market
23.59P/E
21Forward P/E
1.07P/E to S&P500
18.416BMarket CAP
2.64%Div Yield
Upcoming Earnings
1 Feb-6 Feb
Shares Short
10/14/22
5.38M
Short % of Float
2.12%
Short % of Shares Outs.
1.86%
% Held by Insiders
0.39%
% Held by Institutions
94.29%
Beta
0.34
PEG Ratio
2.24
52w. high/low
73.76/52.41
Avg. Daily Volume
1.90M
Return %
Stock
S&P 500
1 year
(2.98)
(7.99)
3 years
(6.91)
23.80
5 years
50.23
56.27
Scale: |
High
Low
17.47
8.33
16.13
9.98
19.25
14.09
22.37
16.96
24.98
21.12
29.98
24.60
36.87
25.95
38.66
31.22
46.25
34.96
50.85
41.12
53.82
40.48
65.31
47.97
69.17
46.03
65.79
53.19
73.76
52.41
65.72
60.35
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
31.02
29.05
30.45
27.31
27.78
25.93
23.99
24.78
26.49
23.39
23.02
23.51
24.36
24.19
23.44
25.36
28.86
Earnings per share
(0.36)
(0.97)
1.34
1.01
1.47
1.65
1.47
1.71
1.76
1.89
1.98
1.64
2.33
2.40
2.65
4.68
4.47
FCF per share
0.08
(5.68)
(1.19)
(0.08)
0.41
1.14
(0.13)
0.15
(0.76)
(0.05)
(0.54)
(0.27)
(1.83)
(1.58)
(4.11)
(1.35)
(4.45)
Dividends per share
0.05
0.25
0.42
0.55
0.70
0.84
0.97
1.03
1.09
1.17
1.25
1.35
1.44
1.54
1.64
1.76
2.50
CAPEX per share
3.05
5.80
3.69
3.82
3.73
3.52
4.89
5.21
6.10
5.99
6.40
6.36
7.87
7.90
8.59
7.64
8.25
Book Value per sh.
11.37
10.69
12.08
12.50
12.06
12.07
12.25
13.03
13.54
14.27
15.30
15.86
16.85
17.73
19.28
22.94
23.56
Comm.Shares outs.
220
223
224
227
232
251
261
265
271
276
278
280
282
283
285
289
289
Avg. annual P/E ratio
- -
(17.8)
10.0
12.5
11.2
11.9
15.7
15.8
17.1
18.3
20.9
28.1
20.2
24.1
23.0
13.0
23.6
P/E to S&P500
- -
(1.0)
0.5
0.2
0.5
0.7
1.1
0.9
0.9
0.9
0.9
1.2
0.8
1.0
0.6
0.4
1.1
Avg. annual div. yield
- -
1.5%
3.2%
4.4%
4.2%
4.3%
4.2%
3.8%
3.6%
3.4%
3.0%
2.9%
3.1%
2.7%
2.7%
2.9%
3.9%
Revenue (m)
6,810
6,464
6,821
6,205
6,432
6,503
6,253
6,566
7,179
6,456
6,399
6,583
6,873
6,845
6,680
7,329
8,351
Operating margin
(1.9)%
(1.4)%
11.5%
11.2%
15.2%
15.4%
16.0%
17.4%
16.0%
18.0%
20.3%
20.3%
16.9%
18.1%
20.4%
15.6%
13.6%
Depreciation (m)
576
545
589
570
576
546
598
628
685
750
811
881
933
992
1,048
1,114
1,084
Net profit (m)
(79)
(215)
300
229
340
415
382
452
477
523
551
460
657
680
755
1,353
1,305
Income tax rate
65.0%
60.7%
32.1%
34.3%
38.0%
31.5%
39.4%
39.9%
34.3%
34.0%
33.1%
47.9%
14.9%
17.7%
15.0%
11.5%
8.5%
Net profit margin
(1.2)%
(3.3)%
4.4%
3.7%
5.3%
6.4%
6.1%
6.9%
6.6%
8.1%
8.6%
7.0%
9.6%
9.9%
11.3%
18.5%
15.5%
Working capital (m)
987
407
964
788
738
227
625
581
583
18
(375)
(309)
(156)
(373)
(670)
423
538
Long-term debt (m)
6,422
5,788
6,243
6,092
6,636
6,207
6,863
7,239
8,139
8,559
8,750
9,214
10,684
12,027
13,690
12,092
12,755
Equity (m)
2,495
2,380
2,706
2,841
2,793
3,028
3,194
3,454
3,670
3,938
4,253
4,441
4,755
5,018
5,496
6,631
6,913
ROIC
(0.6)%
(1.4)%
2.3%
3.9%
4.6%
5.0%
4.0%
4.5%
4.3%
4.4%
4.5%
3.4%
4.8%
4.6%
4.7%
6.6%
6.3%
Return on capital
(1.6)%
(2.9)%
3.0%
5.1%
6.4%
6.2%
5.9%
6.6%
5.9%
5.9%
5.8%
5.7%
5.0%
5.0%
5.0%
6.9%
6.3%
Return on equity
(3.2)%
(9.0)%
11.1%
8.1%
12.2%
13.7%
12.0%
13.1%
13.0%
13.3%
13.0%
10.4%
13.8%
13.6%
13.7%
20.4%
18.9%
Plowback ratio
113.9%
126.0%
68.3%
47.9%
52.8%
49.4%
34.4%
39.9%
38.4%
38.7%
37.3%
18.4%
38.2%
36.1%
37.9%
61.7%
47.6%
Div.&Repurch./FCF
- -
- -
(32.6)%
(631.6)%
411.6%
63.4%
(634.3)%
610.0%
(122.9)%
(2,146.2)%
(183.3)%
(392.0)%
(70.8)%
(95.1)%
(18.3)%
(123.8)%
(2.7)%
Capital Structure
27 Oct · 2022 | Q3
All numbers in millions
Total liabilities
$ 22,868
Total assets
$ 30,372
Long-term debt
$ 12,755
Cash and equiv.
$ 168
Goodwill
$ - -
Retained earnings
$ 1,315
Common stock
290
Enterprise Value
$ 31,003
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
140
168
452
Receivables
1,126
1,157
943
Inventory
605
576
667
Other
460
531
877
Current assets
2,331
2,404
2,627
Acc. Payable
635
678
886
Debt due
1,220
1,506
382
Other
849
890
936
Current liabilities
2,704
3,074
2,204
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
9.72%
2.83%
1.95%
Cash flow
(66.72)%
167.91%
83.90%
Earnings
79.21%
34.14%
17.66%
Dividends
8.99%
7.80%
8.13%
Book value
20.65%
10.69%
8.54%
Insider Trading
Type
Shares
Date
Rochow Garrick J
Award
93,571
01/26/23
Rich Brian F
Award
13,613
01/26/23
Venkat Dhenuvakonda Rao
Award
4,645
01/26/23
Mcintosh Scott B
Award
4,885
01/26/23
Johnson Shaun M
Award
15,616
01/26/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
1,864
1,443
1,575
1,798
6,680
2021
2,083
1,558
1,725
2,033
7,399
2022
2,374
1,920
2,024
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.85
0.48
0.76
0.55
2.65
2021
1.21
0.61
0.65
2.21
4.68
2022
1.22
0.51
0.57
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.41
0.41
0.41
0.41
1.64
2021
0.44
0.44
0.44
0.45
1.76
2022
0.47
0.47
1.11
- -
- -
Company Description
Sector:
Utilities
Industry:
Utilities—Regulated Electric
CEO:
Ms. Patricia Poppe
Full-time employees:
8,504
City:
Jackson
Address:
1 Energy Plaza Dr
IPO:
Feb 3, 1947
Website:
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.