CMS Energy Corporation

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh carries a market capitalization of 127.67B, placing it among publicly traded companies globally. Its enterprise value stands at 230.58B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh's next confirmed earnings release is scheduled for October 27, 2026.

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh has 642.47M shares outstanding.

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh trades at a trailing price-to-earnings ratio of 23.78. The price-to-sales ratio is 2.74, and the price-to-book ratio stands at 2.59.

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh trades at an EV/EBITDA multiple of 14.77 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.06 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 26.71 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh trades at an EV/FCF ratio of 17.12, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 230.58B versus a market cap of 127.67B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh maintains a current ratio of 0.94, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 185.60, indicating elevated leverage, while an interest coverage ratio of 3.66 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh posted a return on equity (ROE) of 11.47, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.57 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.61, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.40, useful for judging operating efficiency across full business cycles. The company generates approximately 5.46M in revenue per employee across its workforce of 8,343.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 6.74 indicates how many times CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh recorded 1.24B in income tax expense. That works out to an effective tax rate of 21.23, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 5.82B, leaving 5.30B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 14, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh's stock has declined approximately 12.57% over the past 52 weeks.

Over the twelve months ended June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh generated 45.55B in revenue and converted that into 5.30B in net income, yielding earnings per share of 7.29. EBITDA reached 15.61B, while operating income came in at 8.63B.

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh holds 1.25B in cash and equivalents against 99.77B in total debt, resulting in a net debt position of 97.18B. Total book value stands at 49.36B, with working capital of -1.02B providing operational flexibility.

CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh produced 11.10B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -997.62M in capital expenditures, free cash flow totaled 10.11B - equivalent to 16.08 per share.

Over the twelve months ended June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh posted a gross margin of 40.32, reflecting its pricing power and cost economics. The operating margin of 18.95 and net profit margin of 11.64 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh paid dividends of 5.67 per share. The dividend payout ratio of 92.14 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 8.08, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -6.17, meaning CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of June 30, 2026, CMS Energy Corporation Shs Unsponsored Brazilian Depositary Receipt Repr 0.5 Sh has an Altman Z-Score of 0.92, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.