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

CMS has the lower trailing P/E: CMS trades at 20.35 and FE at 26.87. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CMS or FE?

Over the past five years, FE grew revenue faster — CMS at a 5.66% CAGR versus FE at 7.52%.

Does CMS or FE pay a bigger dividend?

CMS yields 3.00% and FE yields 3.65% based on trailing dividends and the latest price.

Is CMS or FE more profitable?

CMS runs the higher net margin — CMS at 12.55% versus FE at 6.86%.

How have CMS and FE total returns compared?

Over the past 10 years, CMS delivered 8.37% and FE delivered 7.81% annualized total return. Past performance doesn't predict future results.

CMS Energy Corporation (CMS) vs FirstEnergy Corp. (FE)

A side-by-side comparison of CMS Energy Corporation and FirstEnergy Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

CMS

CMS Energy Corporation

$22.97B

$74.37UtilitiesDelayed quote: Jul 28, 2026, 4:00 PM EDT

FirstEnergy Corp.

$28.72B

$49.65UtilitiesDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — CMS vs FE

growth of $100 · dividends reinvested · last 30y

CMS +513.7%FE +727.8%FE compounded faster

CMS FE

CMS vs FE: by the numbers

•FE is the larger company ($28.72B vs $22.97B market cap).
•CMS trades at the lower trailing earnings multiple (20.35 vs 26.87 P/E), one valuation lens rather than an overall verdict.
•CMS converts more revenue to profit (12.55% vs 6.86% net margin).
•FE grew revenue faster over the past five years (7.52% vs 5.66% CAGR).
•FE pays the higher dividend yield (3.65% vs 3.00%).

Metrics side by side

Valuation

Metric	CMS	FE
P/E ratio	20.35	26.87
Forward P/E	19.18	18.04
P/S ratio	2.53	1.84
P/B ratio	2.36	2.26
PEG ratio	3.48	6.14
EV / EBITDA	14.20	12.65
FCF yield	N/A	6.27%

Profitability

Metric	CMS	FE
Gross margin	64.61%	53.77%
Operating margin	19.53%	18.72%
Net margin	12.55%	6.86%
ROE	11.69%	8.42%
ROIC	3.67%	4.46%

Dividends

Metric	CMS	FE
Dividend yield	3.00%	3.65%
Payout ratio	63.03%	101.69%

Growth (annualized)

Metric	CMS	FE
Revenue CAGR (5Y)	5.66%	7.52%
EPS CAGR (5Y)	5.90%	-2.32%
FCF CAGR (5Y)	-16.59%	7.07%
Total return CAGR (5Y)	6.50%	9.24%

Frequently asked

Which has the lower trailing P/E, CMS or FE?: CMS has the lower trailing P/E: CMS trades at 20.35 and FE at 26.87. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CMS or FE?: Over the past five years, FE grew revenue faster — CMS at a 5.66% CAGR versus FE at 7.52%.
Does CMS or FE pay a bigger dividend?: CMS yields 3.00% and FE yields 3.65% based on trailing dividends and the latest price.
Is CMS or FE more profitable?: CMS runs the higher net margin — CMS at 12.55% versus FE at 6.86%.
How have CMS and FE total returns compared?: Over the past 10 years, CMS delivered 8.37% and FE delivered 7.81% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CMS analysis Full FE analysis Interactive comparison tool

Dig into the metrics

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

CMS Energy & FirstEnergy appear in these rankings

Highest Dividend Yield Stocks Highest FCF 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 July 28, 2026.