Which has the lower trailing P/E, AWK or CMS?

CMS has the lower trailing P/E: AWK trades at 24.43 and CMS at 20.37. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AWK or CMS?

Over the past five years, AWK grew revenue faster — AWK at a 6.38% CAGR versus CMS at 5.66%.

Does AWK or CMS pay a bigger dividend?

AWK yields 2.45% and CMS yields 2.99% based on trailing dividends and the latest price.

Is AWK or CMS more profitable?

AWK runs the higher net margin — AWK at 21.17% versus CMS at 12.55%.

How have AWK and CMS total returns compared?

Over the past 10 years, AWK delivered 7.43% and CMS delivered 8.26% annualized total return. Past performance doesn't predict future results.

American Water Works Company, Inc. (AWK) vs CMS Energy Corporation (CMS)

A side-by-side comparison of American Water Works Company, Inc. and CMS Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 29, 2026. Differences are shown without an overall score or investment verdict.

AWK

American Water Works Company, Inc.

$26.97B

$138.09UtilitiesDelayed quote: Jul 29, 2026, 4:00 PM EDT

CMS

CMS Energy Corporation

$22.97B

$74.36UtilitiesAt close: Jul 29, 2026, 4:00 PM ET

Total return — AWK vs CMS

growth of $100 · dividends reinvested · last 18y

AWK +943.1%CMS +819.2%AWK compounded faster

AWK CMS

AWK vs CMS: by the numbers

•AWK is the larger company ($26.97B vs $22.97B market cap).
•CMS trades at the lower trailing earnings multiple (20.37 vs 24.43 P/E), one valuation lens rather than an overall verdict.
•AWK converts more revenue to profit (21.17% vs 12.55% net margin).
•AWK grew revenue faster over the past five years (6.38% vs 5.66% CAGR).
•CMS pays the higher dividend yield (2.99% vs 2.45%).

Metrics side by side

Valuation

Metric	AWK	CMS
P/E ratio	24.43	20.37
Forward P/E	22.71	19.20
P/S ratio	5.17	2.53
P/B ratio	2.44	2.36
PEG ratio	3.98	3.48
EV / EBITDA	15.10	14.21

Profitability

Metric	AWK	CMS
Gross margin	43.55%	64.61%
Operating margin	36.48%	19.53%
Net margin	21.17%	12.55%
ROE	9.98%	11.69%
ROIC	4.21%	3.67%

Dividends

Metric	AWK	CMS
Dividend yield	2.45%	2.99%
Payout ratio	59.25%	63.03%

Growth (annualized)

Metric	AWK	CMS
Revenue CAGR (5Y)	6.38%	5.66%
EPS CAGR (5Y)	7.78%	5.90%
FCF CAGR (5Y)	N/A	-16.59%
Total return CAGR (5Y)	-2.09%	6.82%

Frequently asked

Which has the lower trailing P/E, AWK or CMS?: CMS has the lower trailing P/E: AWK trades at 24.43 and CMS at 20.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AWK or CMS?: Over the past five years, AWK grew revenue faster — AWK at a 6.38% CAGR versus CMS at 5.66%.
Does AWK or CMS pay a bigger dividend?: AWK yields 2.45% and CMS yields 2.99% based on trailing dividends and the latest price.
Is AWK or CMS more profitable?: AWK runs the higher net margin — AWK at 21.17% versus CMS at 12.55%.
How have AWK and CMS total returns compared?: Over the past 10 years, AWK delivered 7.43% and CMS delivered 8.26% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AWK analysis Full CMS analysis Interactive comparison tool

Dig into the metrics

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

American Water Works & CMS Energy appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin 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 July 29, 2026.