CMS Energy Corporation
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from CMS Energy Corporation's yearly results (2022–2025), compared with Utilities companies in United States. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every $100 of sales, $0 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $14 tied up three years earlier. Less money tied up than 88% of Utilities companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
$234Over the last 3 years, every $100 of reported profit came with $234 of operating cash.
Higher than 53% of Utilities companies in United States.
Self-Funding Ratio
0.7×Over the last 3 years its own operating cash paid for 65% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 69% of Utilities companies in United States.
Cash Locked Ratio
$0For every $100 of sales, $0 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $14 tied up three years earlier.
Less money tied up than 88% of Utilities companies in United States.
Growth quality
Steadiness Ratio
2/3 · 3/3Sales grew in 2 of the last 3 years; profit grew in 3 of 3.
Steadier than 82% of Utilities companies in United States.
Growth Efficiency Ratio
—Sales barely changed
Sales changed by -1% in 3 years, too little to measure extra profit per extra sales.
Asset Productivity Ratio
-1% / +27%In 3 years sales changed by -1% while total assets changed by +27%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
2.3×Debt due within a year is covered 2.3 times by its yearly operating cash.
Higher than 66% of Utilities companies in United States.
Cash Cushion Ratio
−83%Debt, after subtracting cash, equals 83% of its market value (net debt).
Lower than 69% of Utilities companies in United States.
Tangible Assets Ratio
—Data incomplete
Tangible Net Worth Ratio
—Data incomplete
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
CMS Energy Corporation owes $0.75 for every $1 it owns. Net profit rose 7% in the year to Dec 2025, and grew 9% a year on average over 3 years.
Compared with Utilities companies in United States · latest annual results Dec 2025.
P/E ratio
21.1Investors pay $21.1 for every $1 of CMS Energy Corporation's yearly profit, lower than 51% of Utilities companies in United States.
P/B ratio
2.26The share price is 2.26 times CMS Energy Corporation's book value per share, higher than 76% of Utilities companies in United States.
Market cap
$22.0 BThe total market value of all of CMS Energy Corporation's shares at today's price (share price × number of shares), larger than 70% of Utilities companies in United States. PosiCap size class: Tito Cap.
Net worth (book value)
$9.8 BWhat CMS Energy Corporation would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$31.17Net worth divided by the number of shares. The share price of $70.30 is 2.3 times this, which is the P/B above.
Return on equity (ROE)
9.2%CMS Energy Corporation earned 9.2% on its shareholders' money over the last year, lower than 53% of Utilities companies in United States.
Owes vs Owns
0.75×CMS Energy Corporation owes $0.75 for every $1 it owns (moderate), higher than 72% of Utilities companies in United States.
Dividend yield
3.35%CMS Energy Corporation pays 3.35% of its share price as dividends a year, higher than 50% of dividend-paying Utilities companies in United States.
Revenue growth
+14%Revenue rose 14% in the year to Dec 2025, and shrank 0% a year on average over 3 years.
Profit growth
+7%Net profit rose 7% in the year to Dec 2025, and grew 9% a year on average over 3 years.
Profit margin
12.5%CMS Energy Corporation keeps $13 of every $100 of revenue as net profit.
Cash quality
2.1×Cash from CMS Energy Corporation's business was 2.1× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
2.2×CMS Energy Corporation's operating profit covered its interest costs 2.2 times in the year to Dec 2025.
Cash vs debt
Net debtCMS Energy Corporation had $18.4 B more debt than cash (net debt) at Dec 2025.
Questions
What is CMS Energy Corporation's P/E ratio?
Investors pay $21.1 for every $1 of CMS Energy Corporation's yearly profit, lower than 51% of Utilities companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For CMS Energy Corporation: $22.0 B ÷ $9.8 B (30 Jun 2026) = 2.3.
What is CMS Energy Corporation's return on equity?
CMS Energy Corporation earned 9.2% on its shareholders' money over the last year, lower than 53% of Utilities companies in United States.
How much does CMS Energy Corporation owe compared with what it owns?
CMS Energy Corporation owes $0.75 for every $1 it owns (moderate), higher than 72% of Utilities companies in United States.
Does CMS Energy Corporation pay a dividend?
Yes. CMS Energy Corporation pays 3.35% of its share price as dividends a year, higher than 50% of dividend-paying Utilities companies in United States.
Is CMS Energy Corporation's revenue growing?
Revenue rose 14% in the year to Dec 2025, and shrank 0% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.