Is CMS or EVRG cheaper?

On trailing earnings, CMS is cheaper: CMS trades at a 20.64 P/E and EVRG at 22.44.

Which has grown faster, CMS or EVRG?

Over the past five years, CMS grew revenue faster — CMS at a 5.66% CAGR versus EVRG at 2.08%.

Does CMS or EVRG pay a bigger dividend?

CMS yields 2.95% and EVRG yields 3.24% based on trailing dividends and the latest price.

Is CMS or EVRG more profitable?

EVRG runs the higher net margin — CMS at 12.55% versus EVRG at 14.71%.

Which has been the better investment, CMS or EVRG?

Over the past 10-year, CMS delivered the higher annualized total return — CMS at 8.79% versus EVRG at 8.05%. Past performance doesn't predict future results.

CMS Energy Corporation (CMS) vs Evergy, Inc. (EVRG)

EVRG leads on 8 of 14 compared metrics, though CMS is the cheaper stock.

A side-by-side comparison of CMS Energy Corporation and Evergy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CMS

CMS Energy Corporation

Total return — CMS vs EVRG

growth of $100 · last 30y

CMS +151.1%EVRG +190.1%EVRG compounded faster

CMS EVRG

CMS vs EVRG: by the numbers

•CMS is the larger company ($23.27B vs $19.56B market cap).
•CMS trades at the lower earnings multiple (20.64 vs 22.44 P/E).
•EVRG converts more revenue to profit (14.71% vs 12.55% net margin).
•CMS grew revenue faster over the past five years (5.66% vs 2.08% CAGR).
•EVRG pays the higher dividend yield (3.24% vs 2.95%).

Which is better, CMS or EVRG?

Metric tally: CMS 6 · EVRG 8

It depends on what you're optimizing for:

ValueCMS(lower P/E)

GrowthCMS(faster 5Y revenue CAGR)

IncomeEVRG(higher dividend yield)

QualityEVRG(higher ROIC)

Metrics side by side

Valuation

Metric	CMS	EVRG
P/E ratio	20.64●	22.44
Forward P/E	18.05●	18.64
P/S ratio	2.57●	3.33
P/B ratio	2.39	1.97●
PEG ratio	3.48	3.50
EV / EBITDA	12.83	13.00

Profitability

Metric	CMS	EVRG
Gross margin	64.61%●	41.51%
Operating margin	19.53%	25.42%●
Net margin	12.55%	14.71%●
ROE	11.69%●	8.68%
ROIC	3.67%	4.25%●

Dividends

Metric	CMS	EVRG
Dividend yield	2.95%	3.24%●
Payout ratio	63.03%	74.19%

Growth (annualized)

Metric	CMS	EVRG
Revenue CAGR (5Y)	5.66%●	2.08%
EPS CAGR (5Y)	5.90%	6.41%●
FCF CAGR (5Y)	-16.59%	68.30%●
Total return CAGR (5Y)	8.46%	11.09%●

Frequently asked

Which is better, CMS or EVRG?: It depends on your goal. value: CMS (lower P/E); growth: CMS (faster 5Y revenue CAGR); income: EVRG (higher dividend yield); quality: EVRG (higher ROIC). Across all compared metrics, EVRG leads 8 to 6.
Is CMS or EVRG cheaper?: On trailing earnings, CMS is cheaper: CMS trades at a 20.64 P/E and EVRG at 22.44.
Which has grown faster, CMS or EVRG?: Over the past five years, CMS grew revenue faster — CMS at a 5.66% CAGR versus EVRG at 2.08%.
Does CMS or EVRG pay a bigger dividend?: CMS yields 2.95% and EVRG yields 3.24% based on trailing dividends and the latest price.
Is CMS or EVRG more profitable?: EVRG runs the higher net margin — CMS at 12.55% versus EVRG at 14.71%.
Which has been the better investment, CMS or EVRG?: Over the past 10-year, CMS delivered the higher annualized total return — CMS at 8.79% versus EVRG at 8.05%. Past performance doesn't predict future results.

Go deeper

Full CMS analysis Full EVRG analysis Interactive comparison tool

Dig into the metrics

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

CMS Energy & Evergy 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 24, 2026.