CMS Energy Corporation (CMS) vs Public Service Enterprise Group Incorporated (PEG)
PEG leads on 12 of 14 compared metrics.
A side-by-side comparison of CMS Energy Corporation and Public Service Enterprise Group Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CMS
CMS Energy Corporation
$73.57Utilities
PEG
Public Service Enterprise Group Incorporated
$79.70Utilities
Total return — CMS vs PEG
growth of $100 · last 30yCMS +151.5%PEG +525.1%PEG compounded faster
CMS PEG
CMS vs PEG: by the numbers
- •PEG is the larger company ($39.72B vs $22.73B market cap).
- •PEG trades at the lower earnings multiple (17.63 vs 20.16 P/E).
- •PEG converts more revenue to profit (17.69% vs 12.55% net margin).
- •PEG pays the higher dividend yield (3.26% vs 3.02%).
Which is better, CMS or PEG?
Metric tally: CMS 2 · PEG 12It depends on what you're optimizing for:
ValuePEG(lower P/E)
IncomePEG(higher dividend yield)
QualityPEG(higher ROIC)
Valuation
| Metric | CMS | PEG |
|---|---|---|
| P/E ratio | 20.16 | 17.63● |
| Forward P/E | 17.63 | 16.95● |
| P/S ratio | 2.51● | 3.11 |
| P/B ratio | 2.34 | 2.30 |
| PEG ratio | 3.45 | 1.01● |
| EV / EBITDA | 12.67 | 11.56● |
Profitability
| Metric | CMS | PEG |
|---|---|---|
| Gross margin | 64.61% | 79.65%● |
| Operating margin | 19.53% | 25.47%● |
| Net margin | 12.55% | 17.69%● |
| ROE | 11.69% | 13.08%● |
| ROIC | 3.67% | 4.88%● |
Dividends
| Metric | CMS | PEG |
|---|---|---|
| Dividend yield | 3.02% | 3.26%● |
| Payout ratio | 63.03% | 61.47% |
Growth (annualized)
| Metric | CMS | PEG |
|---|---|---|
| Revenue CAGR (5Y) | 5.66% | 5.67% |
| EPS CAGR (5Y) | 5.90%● | 2.28% |
| FCF CAGR (5Y) | -16.59% | 32.34%● |
| Total return CAGR (5Y) | 7.18% | 8.78%● |
Frequently asked
- Which is better, CMS or PEG?
- It depends on your goal. value: PEG (lower P/E); income: PEG (higher dividend yield); quality: PEG (higher ROIC). Across all compared metrics, PEG leads 12 to 2.
- Is CMS or PEG cheaper?
- On trailing earnings, PEG is cheaper: CMS trades at a 20.16 P/E and PEG at 17.63.
- Which has grown faster, CMS or PEG?
- Over the past five years, PEG grew revenue faster — CMS at a 5.66% CAGR versus PEG at 5.67%.
- Does CMS or PEG pay a bigger dividend?
- CMS yields 3.02% and PEG yields 3.26% based on trailing dividends and the latest price.
- Is CMS or PEG more profitable?
- PEG runs the higher net margin — CMS at 12.55% versus PEG at 17.69%.
- Which has been the better investment, CMS or PEG?
- Over the past 10-year, PEG delivered the higher annualized total return — CMS at 8.60% versus PEG at 9.73%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CMS Energy P/E ratioPublic Service Enterprise P/E ratioCMS Energy dividend yieldPublic Service Enterprise dividend yieldCMS Energy ROEPublic Service Enterprise ROECMS Energy operating marginPublic Service Enterprise operating marginCMS Energy revenue growthPublic Service Enterprise revenue growthCMS Energy free cash flowPublic Service Enterprise free cash flow
CMS Energy & Public Service Enterprise appear in these rankings
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 14, 2026.