CMS Energy Corp. (CMS): Price and Financial Metrics

CMS POWR Grades

• CMS scores best on the Momentum dimension, with a Momentum rank ahead of 90.85% of US stocks.
• CMS's strongest trending metric is Value; it's been moving down over the last 179 days.
• CMS ranks lowest in Value; there it ranks in the 25th percentile.

CMS Stock Summary

• CMS's went public 37.25 years ago, making it older than 93.52% of listed US stocks we're tracking.
• Of note is the ratio of CMS ENERGY CORP's sales and general administrative expense to its total operating expenses; merely 0.42% of US stocks have a lower such ratio.
• For CMS, its debt to operating expenses ratio is greater than that reported by 94.14% of US equities we're observing.
• If you're looking for stocks that are quantitatively similar to CMS ENERGY CORP, a group of peers worth examining would be LNT, CNP, ETR, AEE, and WEC.
• Visit CMS's SEC page to see the company's official filings. To visit the company's web site, go to www.cmsenergy.com.

CMS Valuation Summary

• CMS's price/sales ratio is 2; this is 5.26% higher than that of the median Utilities stock.
• Over the past 243 months, CMS's price/sales ratio has gone up 1.8.

Below are key valuation metrics over time for CMS.

CMS Growth Metrics

Its 3 year net cashflow from operations growth rate is now at 5.09%.
• Its 2 year price growth rate is now at 16.36%.
• The 2 year net cashflow from operations growth rate now stands at 23.29%.

Over the past 34 months, CMS's revenue has gone up $1,946,000,000.

The table below shows CMS's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	8,596	855	827
2022-09-30	8,351	1,003	1,296
2022-06-30	8,052	1,511	1,319
2022-03-31	7,690	1,694	1,350
2021-12-31	7,329	1,819	1,348
2021-09-30	7,164	1,615	869

CMS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• CMS has a Quality Grade of C, ranking ahead of 31.74% of graded US stocks.
• CMS's asset turnover comes in at 0.239 -- ranking 39th of 105 Utilities stocks.
• DUK, AEP, and NI are the stocks whose asset turnover ratios are most correlated with CMS.

The table below shows CMS's key quality metrics over time.