Is CMS or LNT cheaper?

On trailing earnings, CMS is cheaper: CMS trades at a 20.16 P/E and LNT at 22.92.

Which has grown faster, CMS or LNT?

Over the past five years, CMS grew revenue faster — CMS at a 5.66% CAGR versus LNT at 5.38%.

Does CMS or LNT pay a bigger dividend?

CMS yields 3.02% and LNT yields 2.85% based on trailing dividends and the latest price.

Is CMS or LNT more profitable?

LNT runs the higher net margin — CMS at 12.55% versus LNT at 18.58%.

Which has been the better investment, CMS or LNT?

Over the past 10-year, LNT delivered the higher annualized total return — CMS at 8.60% versus LNT at 9.86%. Past performance doesn't predict future results.

CMS Energy Corporation (CMS) vs Alliant Energy Corporation (LNT)

CMS leads on 10 of 16 compared metrics.

A side-by-side comparison of CMS Energy Corporation and Alliant Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CMS

CMS Energy Corporation

$22.73B

$73.57Utilities

LNT

Alliant Energy Corporation

$18.88B

$73.11Utilities

Total return — CMS vs LNT

growth of $100 · last 30y

CMS +150.4%LNT +385.5%LNT compounded faster

CMS LNT

CMS vs LNT: by the numbers

•CMS is the larger company ($22.73B vs $18.88B market cap).
•CMS trades at the lower earnings multiple (20.16 vs 22.92 P/E).
•LNT converts more revenue to profit (18.58% vs 12.55% net margin).
•CMS grew revenue faster over the past five years (5.66% vs 5.38% CAGR).
•CMS pays the higher dividend yield (3.02% vs 2.85%).

Which is better, CMS or LNT?

Metric tally: CMS 10 · LNT 6

It depends on what you're optimizing for:

ValueCMS(lower P/E)

GrowthCMS(faster 5Y revenue CAGR)

IncomeCMS(higher dividend yield)

QualityLNT(higher ROIC)

Valuation

Metric	CMS	LNT
P/E ratio	20.16●	22.92
Forward P/E	17.63●	19.85
P/S ratio	2.51●	4.28
P/B ratio	2.34●	2.55
PEG ratio	3.45	1.21●
EV / EBITDA	12.67●	14.94

Profitability

Metric	CMS	LNT
Gross margin	64.61%●	37.97%
Operating margin	19.53%	23.01%●
Net margin	12.55%	18.58%●
ROE	11.69%●	11.06%
ROIC	3.67%	4.12%●

Dividends

Metric	CMS	LNT
Dividend yield	3.02%●	2.85%
Payout ratio	63.03%	66.19%

Growth (annualized)

Metric	CMS	LNT
Revenue CAGR (5Y)	5.66%●	5.38%
EPS CAGR (5Y)	5.90%●	4.98%
FCF CAGR (5Y)	-16.59%	15.57%●
Total return CAGR (5Y)	7.18%	7.95%●

Frequently asked

Which is better, CMS or LNT?: It depends on your goal. value: CMS (lower P/E); growth: CMS (faster 5Y revenue CAGR); income: CMS (higher dividend yield); quality: LNT (higher ROIC). Across all compared metrics, CMS leads 10 to 6.
Is CMS or LNT cheaper?: On trailing earnings, CMS is cheaper: CMS trades at a 20.16 P/E and LNT at 22.92.
Which has grown faster, CMS or LNT?: Over the past five years, CMS grew revenue faster — CMS at a 5.66% CAGR versus LNT at 5.38%.
Does CMS or LNT pay a bigger dividend?: CMS yields 3.02% and LNT yields 2.85% based on trailing dividends and the latest price.
Is CMS or LNT more profitable?: LNT runs the higher net margin — CMS at 12.55% versus LNT at 18.58%.
Which has been the better investment, CMS or LNT?: Over the past 10-year, LNT delivered the higher annualized total return — CMS at 8.60% versus LNT at 9.86%. Past performance doesn't predict future results.

Go deeper

Full CMS analysis Full LNT analysis Interactive comparison tool

Dig into the metrics

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

CMS Energy & Alliant 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 13, 2026.