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CMSD CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079

USUtilities
$22.38+0.31%ClosedMarket Cap: $6.86B

As of 2026-07-10 15:59

Why CMSD matters now

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 (CMSD) is a US stock in Utilities. The latest InvestLog snapshot shows $22.38 with +0.31% on the session and $6.86B in market capitalization; recent performance reads 1-month -2.02% and YTD -3.71%.

The latest financial table shown here is Q1 2026, with revenue of $2.73B, net income of $340.0M, and EPS of $1.10. Investors can compare that operating picture with valuation signals such as P/E 22.28 and FCF yield -9.0%.

The latest indexable market news headline is "CMS Energy Corporation (CMS) Q1 2026 Earnings Call Transcript" from Seeking Alpha.

Valuation

P/E (TTM)

22.28

PEG

0.96

P/B

2.33

P/S

2.57

EV/EBITDA

12.84

DCF Value

$17.15

FCF Yield

-9.0%

Div Yield

3.0%

Margins & Returns

Gross Margin

64.6%

Operating Margin

19.5%

Net Margin

12.5%

ROE

12.3%

ROA

2.7%

ROIC

3.6%

Financials

PeriodRevenueNet IncomeEPS
Q1 2026$2.73B$340.0M$1.10
Q4 2025$2.23B$289.0M$0.94
FY 2025$8.54B$1.07B$3.53
Q3 2025$2.02B$277.0M$0.92

Company Info

Sector

Utilities

Industry

Regulated Electric

Country

US

Exchange

Beta

0.46

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.