Is AEE or CMS cheaper?

On trailing earnings, AEE is cheaper: AEE trades at a 19.59 P/E and CMS at 20.08.

Which has grown faster, AEE or CMS?

Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus CMS at 5.66%.

Does AEE or CMS pay a bigger dividend?

AEE yields 2.68% and CMS yields 3.04% based on trailing dividends and the latest price.

Is AEE or CMS more profitable?

AEE runs the higher net margin — AEE at 17.17% versus CMS at 12.55%.

Which has been the better investment, AEE or CMS?

Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.00% versus CMS at 8.44%. Past performance doesn't predict future results.

Ameren Corporation (AEE) vs CMS Energy Corporation (CMS)

AEE leads on 10 of 16 compared metrics.

A side-by-side comparison of Ameren Corporation and CMS Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CMS Energy Corporation

$22.65B

$73.31Utilities

Total return — AEE vs CMS

growth of $100 · last 30y

AEE +182.9%CMS +146.4%AEE compounded faster

AEE CMS

AEE vs CMS: by the numbers

•AEE is the larger company ($30.14B vs $22.65B market cap).
•AEE trades at the lower earnings multiple (19.59 vs 20.08 P/E).
•AEE converts more revenue to profit (17.17% vs 12.55% net margin).
•AEE grew revenue faster over the past five years (8.44% vs 5.66% CAGR).
•CMS pays the higher dividend yield (3.04% vs 2.68%).

Which is better, AEE or CMS?

Metric tally: AEE 10 · CMS 6

It depends on what you're optimizing for:

ValueAEE(lower P/E)

GrowthAEE(faster 5Y revenue CAGR)

IncomeCMS(higher dividend yield)

QualityAEE(higher ROIC)

Metrics side by side

Valuation

Metric	AEE	CMS
P/E ratio	19.59●	20.08
Forward P/E	18.76	17.56●
P/S ratio	3.42	2.50●
P/B ratio	2.24●	2.33
PEG ratio	0.87●	3.45
EV / EBITDA	7.68●	12.64

Profitability

Metric	AEE	CMS
Gross margin	39.38%	64.61%●
Operating margin	23.97%●	19.53%
Net margin	17.17%●	12.55%
ROE	11.24%	11.69%●
ROIC	4.01%●	3.67%

Dividends

Metric	AEE	CMS
Dividend yield	2.68%	3.04%●
Payout ratio	54.28%	63.03%

Growth (annualized)

Metric	AEE	CMS
Revenue CAGR (5Y)	8.44%●	5.66%
EPS CAGR (5Y)	8.79%●	5.90%
FCF CAGR (5Y)	-39.48%	-16.59%●
Total return CAGR (5Y)	8.34%●	7.52%

Frequently asked

Which is better, AEE or CMS?: It depends on your goal. value: AEE (lower P/E); growth: AEE (faster 5Y revenue CAGR); income: CMS (higher dividend yield); quality: AEE (higher ROIC). Across all compared metrics, AEE leads 10 to 6.
Is AEE or CMS cheaper?: On trailing earnings, AEE is cheaper: AEE trades at a 19.59 P/E and CMS at 20.08.
Which has grown faster, AEE or CMS?: Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus CMS at 5.66%.
Does AEE or CMS pay a bigger dividend?: AEE yields 2.68% and CMS yields 3.04% based on trailing dividends and the latest price.
Is AEE or CMS more profitable?: AEE runs the higher net margin — AEE at 17.17% versus CMS at 12.55%.
Which has been the better investment, AEE or CMS?: Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.00% versus CMS at 8.44%. Past performance doesn't predict future results.

Go deeper

Full AEE analysis Full CMS analysis Interactive comparison tool

Dig into the metrics

Ameren P/E ratio CMS Energy P/E ratio Ameren dividend yield CMS Energy dividend yield Ameren ROE CMS Energy ROE Ameren operating margin CMS Energy operating margin Ameren revenue growth CMS Energy revenue growth Ameren free cash flow CMS Energy free cash flow

Ameren & CMS Energy appear in these rankings

Highest Dividend Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 17, 2026.