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

CMS POWR Grades

• CMS scores best on the Stability dimension, with a Stability rank ahead of 47.74% of US stocks.
• CMS's strongest trending metric is Stability; it's been moving down over the last 26 weeks.
• CMS's current lowest rank is in the Sentiment metric (where it is better than 5.82% of US stocks).

CMS Stock Summary

• Of note is the ratio of CMS ENERGY CORP's sales and general administrative expense to its total operating expenses; only 0.17% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for CMS ENERGY CORP is higher than it is for about 94.54% of US stocks.
• In terms of volatility of its share price, CMS is more volatile than merely 4.82% of stocks we're observing.
• Stocks that are quantitatively similar to CMS, based on their financial statements, market capitalization, and price volatility, are CNP, ETR, ES, AEE, and LNT.
• 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

• In comparison to the median Utilities stock, CMS's price/sales ratio is 22.22% higher, now standing at 2.2.
• CMS's price/sales ratio has moved up 2 over the prior 243 months.

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.