CMS Energy Corporation (CMS) Stock Score, Valuation & Financial Research

CMS Energy Corporation is in the Utilities sector and Regulated Electric industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 29/100.

Quick answer for CMS

CMS Energy Corporation currently has a Wall Street Score of 29/100. The stored market price is $65.99. Its financial score is 15/100. Its valuation score is 22/100. The latest WSS change is +0.8 points. These figures are a research snapshot, not a buy or sell recommendation.

What CMS Energy Corporation does

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includ

CMS financial snapshot

Wall Street Score:
29/100
Current price:
$65.99
Market capitalization:
$20.69B
Revenue:
$8.81B
Net income:
$1.03B
Free cash flow:
$-1.59B
Cash:
$241.0M
Total debt:
$19.30B
EPS:
3.38
P/E ratio:
19.5x
Financial score:
15/100
Valuation score:
22/100
Revenue score:
23/100

What stands out

  • Reported year-over-year revenue growth is +0.0%.
  • Free cash flow is $-1.59B, showing cash burn in the current stored period.
  • The balance sheet shows $241.0M of cash versus $19.30B of total debt, so leverage deserves attention.
  • The latest Wall Street Score change is +0.8 points: CMS increased 0.8 points because Capital improved by 2 points, Valuation improved by 5.9 points.

What the numbers mean

Its current valuation score is 22/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 15/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-09-17.

How to research CMS

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.