Is CMS or WEC cheaper?

On trailing earnings, CMS is cheaper: CMS trades at a 20.16 P/E and WEC at 22.64.

Which has grown faster, CMS or WEC?

Over the past five years, CMS grew revenue faster — CMS at a 5.66% CAGR versus WEC at 5.21%.

Does CMS or WEC pay a bigger dividend?

CMS yields 3.02% and WEC yields 3.25% based on trailing dividends and the latest price.

Is CMS or WEC more profitable?

WEC runs the higher net margin — CMS at 12.55% versus WEC at 16.25%.

Which has been the better investment, CMS or WEC?

Over the past 10-year, WEC delivered the higher annualized total return — CMS at 8.60% versus WEC at 9.61%. Past performance doesn't predict future results.

CMS Energy Corporation (CMS) vs WEC Energy Group, Inc. (WEC)

CMS leads on 9 of 15 compared metrics.

A side-by-side comparison of CMS Energy Corporation and WEC Energy Group, Inc. 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

WEC

WEC Energy Group, Inc.

$36.95B

$113.44Utilities

Not enough overlapping price history to compare CMS and WEC.

CMS vs WEC: by the numbers

•WEC is the larger company ($36.95B vs $22.73B market cap).
•CMS trades at the lower earnings multiple (20.16 vs 22.64 P/E).
•WEC converts more revenue to profit (16.25% vs 12.55% net margin).
•CMS grew revenue faster over the past five years (5.66% vs 5.21% CAGR).
•WEC pays the higher dividend yield (3.25% vs 3.02%).

Which is better, CMS or WEC?

Metric tally: CMS 9 · WEC 6

It depends on what you're optimizing for:

ValueCMS(lower P/E)

GrowthCMS(faster 5Y revenue CAGR)

IncomeWEC(higher dividend yield)

QualityWEC(higher ROIC)

Valuation

Metric	CMS	WEC
P/E ratio	20.16●	22.64
Forward P/E	17.63●	18.90
P/S ratio	2.51●	3.69
P/B ratio	2.34●	2.63
PEG ratio	3.45●	21.18
EV / EBITDA	12.67●	14.36

Profitability

Metric	CMS	WEC
Gross margin	64.61%●	55.74%
Operating margin	19.53%	23.97%●
Net margin	12.55%	16.25%●
ROE	11.69%	11.57%
ROIC	3.67%	5.25%●

Dividends

Metric	CMS	WEC
Dividend yield	3.02%	3.25%●
Payout ratio	63.03%	75.93%

Growth (annualized)

Metric	CMS	WEC
Revenue CAGR (5Y)	5.66%●	5.21%
EPS CAGR (5Y)	5.90%●	5.04%
FCF CAGR (5Y)	-16.59%	11.42%●
Total return CAGR (5Y)	7.18%	7.64%●

Frequently asked

Which is better, CMS or WEC?: It depends on your goal. value: CMS (lower P/E); growth: CMS (faster 5Y revenue CAGR); income: WEC (higher dividend yield); quality: WEC (higher ROIC). Across all compared metrics, CMS leads 9 to 6.
Is CMS or WEC cheaper?: On trailing earnings, CMS is cheaper: CMS trades at a 20.16 P/E and WEC at 22.64.
Which has grown faster, CMS or WEC?: Over the past five years, CMS grew revenue faster — CMS at a 5.66% CAGR versus WEC at 5.21%.
Does CMS or WEC pay a bigger dividend?: CMS yields 3.02% and WEC yields 3.25% based on trailing dividends and the latest price.
Is CMS or WEC more profitable?: WEC runs the higher net margin — CMS at 12.55% versus WEC at 16.25%.
Which has been the better investment, CMS or WEC?: Over the past 10-year, WEC delivered the higher annualized total return — CMS at 8.60% versus WEC at 9.61%. Past performance doesn't predict future results.

Go deeper

Full CMS analysis Full WEC analysis Interactive comparison tool

Dig into the metrics

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

CMS Energy & WEC 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.