Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 9.60 is in line with its 5-year average of 10.12, near the low end of its 5-year range (7.15–21.34).
As of Thursday, September 3, 2026. 7.46% below its 12-month average of 10.37.
PRICE/OCF RATIO
9.60
PRICE/OCF RATIO AVG TTM
10.37
PRICE/OCF RATIO AVG 3Y
9.27
PRICE/OCF RATIO AVG 5Y
10.12
PRICE/OCF RATIO AVG 10Y
9.78
PRICE/OCF RATIO AVG 15Y
8.50
PRICE/OCF RATIO AVG 20Y
7.84
CURRENT VS TTM AVG
-7.46%
CURRENT VS 3Y AVG
+3.54%
CURRENT VS 5Y AVG
-5.14%
CURRENT VS 10Y AVG
-1.85%
CURRENT VS 15Y AVG
+12.93%
CURRENT VS 20Y AVG
+22.45%
SECTOR MEDIAN · UTILITIES
9.39
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+2.24%
vs the sector median at left
CMS Energy Corporation
Market Cap
$21.47B
Price/OCF Ratio
9.60
TTM Avg
10.37
3Y Avg
9.27
5Y Avg
10.12
Market Cap
$17.56B
Price/OCF Ratio
15.32
TTM Avg
15.27
3Y Avg
15.60
5Y Avg
19.91
Market Cap
$26.13B
Price/OCF Ratio
10.34
TTM Avg
11.15
3Y Avg
9.11
5Y Avg
47.23
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $21.47B | 9.60 | 10.37 | 9.27 | 10.12 |
| Edison International (EIX)vs › | $21.84B | 3.41 | 4.39 | 5.73 | 105.67 |
| NiSource Inc (NI)vs › | $19.84B | 8.70 | 9.64 | 8.79 | 8.94 |
| Evergy, Inc. (EVRG)vs › | $18.80B | 9.77 | 9.12 | 7.63 | 8.18 |
| NRG Energy, Inc. (NRG)vs › | $25.11B | 15.10 | 18.04 | 13.82 | 12.57 |
| Alliant Energy Corporation (LNT)vs › | $17.56B | 15.32 | 15.27 | 15.60 | 19.91 |
| CenterPoint Energy, Inc. (CNP)vs › | $26.13B | 10.34 | 11.15 | 9.11 | 47.23 |
| PPL Corporation (PPL)vs › | $26.42B | 10.02 | 10.41 | 11.15 | 10.92 |
| Eversource Energy (ES)vs › | $26.72B | 6.08 | 6.64 | 9.20 | 11.37 |
| FirstEnergy Corp. (FE)vs › | $27.06B | 8.74 | 7.90 | 10.43 | 9.91 |
P/OCF Ratio
9.6
P/FCF Ratio
N/A
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-09-03 | 9.60 |
| 2026-09-02 | 9.52 |
| 2026-09-01 | 9.51 |
| 2026-08-31 | 9.52 |
| 2026-08-28 | 9.54 |
| 2026-08-27 | 9.56 |
| 2026-08-26 | 9.69 |
| 2026-08-25 | 9.62 |
| 2026-08-24 | 9.57 |
| 2026-08-21 | 9.55 |
| 2026-08-20 | 9.77 |
| 2026-08-19 | 9.88 |
| 2026-08-18 | 9.94 |
| 2026-08-17 | 9.99 |
| 2026-08-14 | 9.95 |
| 2026-08-13 | 9.87 |
| 2026-08-12 | 9.80 |
| 2026-08-11 | 9.74 |
| 2026-08-10 | 9.66 |
| 2026-08-07 | 9.94 |
| 2026-08-06 | 9.96 |
| 2026-08-05 | 10.02 |
| 2026-08-04 | 10.04 |
| 2026-08-03 | 10.04 |
| 2026-07-31 | 10.07 |
| 2026-07-30 | 10.11 |
| 2026-07-29 | 10.41 |
| 2026-07-28 | 10.41 |
| 2026-07-27 | 11.51 |
| 2026-07-24 | 11.57 |
| 2026-07-23 | 11.49 |
| 2026-07-22 | 11.46 |
| 2026-07-21 | 11.23 |
| 2026-07-20 | 11.29 |
| 2026-07-17 | 11.41 |
| 2026-07-16 | 11.53 |
| 2026-07-15 | 11.47 |
| 2026-07-14 | 11.63 |
| 2026-07-13 | 11.74 |
| 2026-07-10 | 11.68 |
| 2026-07-09 | 11.62 |
| 2026-07-08 | 11.80 |
| 2026-07-07 | 11.93 |
| 2026-07-06 | 11.82 |
| 2026-07-02 | 12.04 |
| 2026-07-01 | 11.76 |
| 2026-06-30 | 11.85 |
| 2026-06-29 | 12.07 |
| 2026-06-26 | 12.21 |
| 2026-06-25 | 11.95 |
| 2026-06-24 | 11.85 |
| 2026-06-23 | 11.67 |
| 2026-06-22 | 11.43 |
| 2026-06-18 | 11.37 |
| 2026-06-17 | 11.36 |
| 2026-06-16 | 11.47 |
| 2026-06-15 | 11.41 |
| 2026-06-12 | 11.40 |
| 2026-06-11 | 11.29 |
| 2026-06-10 | 11.38 |
| 2026-06-09 | 11.25 |
| 2026-06-08 | 10.99 |
| 2026-06-05 | 11.16 |
| 2026-06-04 | 10.90 |
| 2026-06-03 | 10.88 |
| 2026-06-02 | 11.13 |
| 2026-06-01 | 10.94 |
| 2026-05-29 | 11.24 |
| 2026-05-28 | 11.34 |
| 2026-05-27 | 11.50 |
| 2026-05-26 | 11.50 |
| 2026-05-22 | 11.55 |
| 2026-05-21 | 11.41 |
| 2026-05-20 | 11.30 |
| 2026-05-19 | 11.36 |
| 2026-05-18 | 11.18 |
| 2026-05-15 | 11.10 |
| 2026-05-14 | 11.35 |
| 2026-05-13 | 11.28 |
| 2026-05-12 | 11.36 |
| 2026-05-11 | 11.34 |
| 2026-05-08 | 11.25 |
| 2026-05-07 | 11.46 |
| 2026-05-06 | 11.47 |
| 2026-05-05 | 11.61 |
| 2026-05-04 | 11.73 |
| 2026-05-01 | 11.78 |
| 2026-04-30 | 11.89 |
| 2026-04-29 | 11.58 |
| 2026-04-28 | 11.76 |
| 2026-04-27 | 10.23 |
| 2026-04-24 | 10.26 |
| 2026-04-23 | 10.30 |
| 2026-04-22 | 10.08 |
| 2026-04-21 | 10.16 |
| 2026-04-20 | 10.36 |
| 2026-04-17 | 10.46 |
| 2026-04-16 | 10.50 |
| 2026-04-15 | 10.42 |
| 2026-04-14 | 10.60 |
| 2026-04-13 | 10.55 |
| 2026-04-10 | 10.68 |
| 2026-04-09 | 10.75 |
| 2026-04-08 | 10.60 |
| 2026-04-07 | 10.57 |
| 2026-04-06 | 10.53 |
| 2026-04-02 | 10.57 |
| 2026-04-01 | 10.48 |
| 2026-03-31 | 10.43 |
| 2026-03-30 | 10.38 |
| 2026-03-27 | 10.25 |
| 2026-03-26 | 10.26 |
| 2026-03-25 | 10.15 |
| 2026-03-24 | 10.13 |
| 2026-03-23 | 10.04 |
| 2026-03-20 | 10.01 |
| 2026-03-19 | 10.42 |
| 2026-03-18 | 10.42 |
| 2026-03-17 | 10.53 |
| 2026-03-16 | 10.53 |
| 2026-03-13 | 10.47 |
| 2026-03-12 | 10.33 |
| 2026-03-11 | 10.20 |
| 2026-03-10 | 10.28 |
| 2026-03-09 | 10.39 |
| 2026-03-06 | 10.38 |
| 2026-03-05 | 10.38 |
| 2026-03-04 | 10.51 |
| 2026-03-03 | 10.46 |
| 2026-03-02 | 10.50 |
| 2026-02-27 | 10.50 |
| 2026-02-26 | 10.36 |
| 2026-02-25 | 10.30 |
| 2026-02-24 | 10.33 |
| 2026-02-23 | 10.26 |
| 2026-02-20 | 10.20 |
| 2026-02-19 | 10.20 |
| 2026-02-18 | 10.10 |
| 2026-02-17 | 10.23 |
| 2026-02-13 | 10.32 |
| 2026-02-12 | 10.05 |
| 2026-02-11 | 10.02 |
| 2026-02-10 | 9.92 |
| 2026-02-09 | 10.13 |
| 2026-02-06 | 10.13 |
| 2026-02-05 | 10.13 |
| 2026-02-04 | 9.96 |
| 2026-02-03 | 9.99 |
| 2026-02-02 | 9.81 |
| 2026-01-30 | 9.94 |
| 2026-01-29 | 9.86 |
| 2026-01-28 | 9.99 |
| 2026-01-27 | 10.02 |
| 2026-01-26 | 9.95 |
| 2026-01-23 | 9.83 |
| 2026-01-22 | 9.87 |
| 2026-01-21 | 9.97 |
| 2026-01-20 | 9.92 |
| 2026-01-16 | 9.97 |
| 2026-01-15 | 9.91 |
| 2026-01-14 | 9.86 |
| 2026-01-13 | 9.81 |
| 2026-01-12 | 9.71 |
| 2026-01-09 | 9.73 |
| 2026-01-08 | 9.71 |
| 2026-01-07 | 9.67 |
| 2026-01-06 | 9.79 |
| 2026-01-05 | 9.66 |
| 2026-01-02 | 9.79 |
| 2025-12-31 | 9.73 |
| 2025-12-30 | 9.79 |
| 2025-12-29 | 9.75 |
| 2025-12-26 | 9.73 |
| 2025-12-24 | 9.75 |
| 2025-12-23 | 9.74 |
| 2025-12-22 | 9.70 |
| 2025-12-19 | 9.62 |
| 2025-12-18 | 9.82 |
| 2025-12-17 | 9.77 |
| 2025-12-16 | 9.72 |
| 2025-12-15 | 9.84 |
| 2025-12-12 | 9.71 |
| 2025-12-11 | 9.70 |
| 2025-12-10 | 9.74 |
| 2025-12-09 | 9.79 |
| 2025-12-08 | 9.81 |
| 2025-12-05 | 9.89 |
| 2025-12-04 | 9.97 |
| 2025-12-03 | 10.04 |
| 2025-12-02 | 10.10 |
| 2025-12-01 | 10.17 |
| 2025-11-28 | 10.49 |
| 2025-11-26 | 10.47 |
| 2025-11-25 | 10.40 |
| 2025-11-24 | 10.33 |
| 2025-11-21 | 10.30 |
| 2025-11-20 | 10.22 |
| 2025-11-19 | 10.15 |
| 2025-11-18 | 10.33 |
| 2025-11-17 | 10.36 |
| 2025-11-14 | 10.28 |
| 2025-11-13 | 10.28 |
| 2025-11-12 | 10.42 |
| 2025-11-11 | 10.41 |
| 2025-11-10 | 10.30 |
| 2025-11-07 | 10.18 |
| 2025-11-06 | 10.06 |
| 2025-11-05 | 10.09 |
| 2025-11-04 | 10.14 |
| 2025-11-03 | 10.08 |
| 2025-10-31 | 10.23 |
| 2025-10-30 | 10.18 |
| 2025-10-29 | 10.19 |
| 2025-10-28 | 10.36 |
| 2025-10-27 | 10.52 |
| 2025-10-24 | 10.54 |
| 2025-10-23 | 10.51 |
| 2025-10-22 | 10.60 |
| 2025-10-21 | 10.51 |
| 2025-10-20 | 10.59 |
| 2025-10-17 | 10.55 |
| 2025-10-16 | 10.54 |
| 2025-10-15 | 10.62 |
| 2025-10-14 | 10.48 |
| 2025-10-13 | 10.37 |
| 2025-10-10 | 10.45 |
| 2025-10-09 | 10.33 |
| 2025-10-08 | 10.32 |
| 2025-10-07 | 10.40 |
| 2025-10-06 | 10.33 |
| 2025-10-03 | 10.20 |
| 2025-10-02 | 10.13 |
| 2025-10-01 | 10.21 |
| 2025-09-30 | 10.33 |
| 2025-09-29 | 10.26 |
| 2025-09-26 | 10.13 |
| 2025-09-25 | 10.01 |
| 2025-09-24 | 10.11 |
| 2025-09-23 | 10.08 |
| 2025-09-22 | 9.93 |
| 2025-09-19 | 9.89 |
| 2025-09-18 | 9.90 |
| 2025-09-17 | 9.92 |
| 2025-09-16 | 9.87 |
| 2025-09-15 | 10.09 |
| 2025-09-12 | 10.11 |
| 2025-09-11 | 10.11 |
| 2025-09-10 | 10.04 |
| 2025-09-09 | 10.00 |
| 2025-09-08 | 9.97 |
| 2025-09-05 | 10.09 |
| 2025-09-04 | 10.09 |
| 2025-09-03 | 10.09 |
| 2025-09-02 | 10.03 |
| 2025-08-29 | 10.09 |
| 2025-08-28 | 10.04 |
| 2025-08-27 | 10.18 |
| 2025-08-26 | 10.17 |
| 2025-08-25 | 10.18 |
| 2025-08-22 | 10.31 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.