CMS Energy Stock

CMS Energy Enterprise Value

The Enterprise Value (EV) of CMS Energy (CMS) as of Aug 11, 2026 is 42.02 B USD. In the previous year, Enterprise Value (EV) was 40.20 B USD — a change of 4.53% (higher).

Enterprise Value

42.02 BUSD

YoY

4.53%

Last updated:

Enterprise Value (EV) of CMS Energy is 2026 42.02 B USD. Enterprise Value (EV) of CMS Energy was 2025 40.20 B USD. It decreases by 4.53% higher compared to the previous year.
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CMS Energy Stock analysis

What does CMS Energy do? CMS Energy Corp is a US energy supply company based in Michigan. The company's history dates back to 1886 when the Michigan Gas Company was founded. Over the years, the company has merged several times and changed its name multiple times until it received its current name, CMS Energy Corp, in 1995. CMS Energy Corp's business model is to offer energy supply and distribution in various areas of the USA. The company focuses on operating coal, gas, nuclear, and renewable energy facilities. The CMS Enterprises division is responsible for the production and marketing of renewable energies such as wind power and solar energy. The company is divided into various divisions, with the largest being CMS Energy Michigan. Here, electricity and gas are supplied to customers in Michigan. The company is also active in other states, such as through the CMS Energy Virginia division, which supplies electricity to customers in Virginia. In addition, CMS Energy Corp is active in the gas and electricity distribution and transmission sector, as well as in energy supply for business customers. CMS Energy Corp offers customers various products and services. In the field of power supply, the company is known for providing higher reliability and efficiency than other providers. CMS Energy Corp also relies on a wide range of renewable energy sources to ensure sustainable energy supply. Customers who want to switch to renewable energies can rely on the expertise and services of CMS Energy Corp. In the field of gas supply, CMS Energy Corp is one of the leading providers in the USA. Customers can choose between different tariffs and pricing models to find the right solution for their needs. The company also offers various services to support customers in their current gas supply or to facilitate the switch to renewable energies. CMS Energy Corp is also a leader in energy efficiency and offers customers various services to reduce their energy consumption. These include consulting services and energy-saving programs. CMS Energy Corp is also active in the field of smart grids and intelligent energy supply. Overall, CMS Energy Corp is a leading provider of electricity and gas supply in the USA. The company focuses on renewable energies and demonstrates a strong commitment to sustainability and environmental protection. Customers can access a wide range of products and services to optimize their energy supply and reduce their energy costs. CMS Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about CMS Energy stock

Enterprise Value (EV) of CMS Energy is 42.02 B USD in 2026.

Enterprise Value (EV) of CMS Energy changed from 40.20 B USD to 42.02 B USD, representing a 4.53% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Enterprise Value (EV) CMS Energy since 2006 – with annual values, charts, and detailed analysis.

Enterprise Value represents the total value of a company, including both equity and debt, minus cash. It provides a more comprehensive picture than market capitalization alone.

EV = Market Capitalization + Total Debt - Cash & Equivalents

To evaluate Enterprise Value (EV)'s USD, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Enterprise Value (EV).

A 'good' USD varies by industry and company stage. On Eulerpool, you can compare Enterprise Value (EV)'s CMS Energy with sector peers and the industry average to assess whether it is attractive.

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Valuation — CMS Energy

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