CMS Energy Corporation (CMS) Current Ratio: 0.98
Is CMS Energy Corporation’s current ratio high or low?
CMS Energy Corporation's current ratio of 0.98 is in line with its 5-year average of 0.98, around the middle of its 5-year range (0.78–1.19).
As of Saturday, June 13, 2026. 10.73% above its 12-month average of 0.89.
CMS Current Ratio Chart
CMS Average Current Ratio Chart
CMS Current vs Average Current Ratio Chart
CMS Current Ratio Metrics
CURRENT RATIO
0.98
CURRENT RATIO AVG TTM
0.89
CURRENT RATIO AVG 3Y
0.97
CURRENT RATIO AVG 5Y
0.98
CURRENT RATIO AVG 10Y
0.95
CURRENT RATIO AVG 15Y
1.05
CURRENT RATIO AVG 20Y
1.16
CURRENT VS TTM AVG
+10.73%
CURRENT VS 3Y AVG
+0.51%
CURRENT VS 5Y AVG
+0.17%
CURRENT VS 10Y AVG
+3.36%
CURRENT VS 15Y AVG
-7.11%
CURRENT VS 20Y AVG
-15.17%
CMS Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.73B | 0.98 | 0.89 | 0.97 | 0.98 |
| Alliant Energy Corporation (LNT) | $18.88B | 0.80 | 0.62 | 0.58 | 0.59 |
| FirstEnergy Corp. (FE) | $27.20B | 0.57 | 0.56 | 0.55 | 0.61 |
| CenterPoint Energy, Inc. (CNP) | $28.06B | 0.91 | 1.00 | 0.92 | 1.00 |
| Atmos Energy Corporation (ATO) | $28.37B | 0.67 | 0.80 | 0.78 | 0.75 |
| WEC Energy Group, Inc. (WEC) | $36.95B | 0.47 | 0.53 | 0.58 | 0.59 |
| Consolidated Edison, Inc. (ED) | $39.71B | 1.02 | 1.03 | 1.05 | 0.99 |
| Public Service Enterprise Group Incorporated (PEG) | $39.72B | 0.80 | 0.73 | 0.69 | 0.72 |
| Exelon Corporation (EXC) | $47.28B | 0.92 | 0.90 | 0.82 | 0.86 |
| Xcel Energy Inc. (XEL) | $49.45B | 0.71 | 0.69 | 0.74 | 0.76 |
Liquidity Analysis
Current Ratio
0.98
Quick Ratio
0.76
CMS Energy Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation Current Ratio FAQ
- What is the current ratio for CMS Energy Corporation (CMS)?
- The current ratio for CMS stock is 0.98.
- Is CMS Energy Corporation's current ratio high or low?
- CMS Energy Corporation's current ratio of 0.98 is in line with its 5-year average of 0.98, around the middle of its 5-year range (0.78–1.19).
- What is the TTM average current ratio for CMS Energy Corporation (CMS)?
- The TTM average current ratio for CMS stock is 0.89.
- What is the 3Y average current ratio for CMS Energy Corporation (CMS)?
- The 3Y average current ratio for CMS stock is 0.97.
- What is the 5Y average current ratio for CMS Energy Corporation (CMS)?
- The 5Y average current ratio for CMS stock is 0.98.
- What is the 10Y average current ratio for CMS Energy Corporation (CMS)?
- The 10Y average current ratio for CMS stock is 0.95.
- What is the 15Y average current ratio for CMS Energy Corporation (CMS)?
- The 15Y average current ratio for CMS stock is 1.05.
- What is the 20Y average current ratio for CMS Energy Corporation (CMS)?
- The 20Y average current ratio for CMS stock is 1.16.
CMS Energy Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 0.98 |
| 2024-12-31 | 0.79 |
| 2023-12-31 | 0.98 |
| 2022-12-31 | 1.15 |
| 2021-12-31 | 1.19 |
| 2020-12-31 | 0.78 |
| 2019-12-31 | 0.86 |
| 2018-12-31 | 0.94 |
| 2017-12-31 | 0.89 |
| 2016-12-31 | 0.86 |
| 2015-12-31 | 1.01 |
| 2014-12-31 | 1.33 |
| 2013-12-31 | 1.30 |
| 2012-12-31 | 1.35 |
| 2011-12-31 | 1.10 |
| 2010-12-31 | 1.37 |
| 2009-12-31 | 1.40 |
| 2008-12-31 | 1.52 |
| 2007-12-31 | 1.16 |
| 2006-12-31 | 1.46 |
| 2005-12-31 | 1.84 |
| 2004-12-31 | 1.71 |
| 2003-12-31 | 1.51 |
| 2002-12-31 | 0.95 |
| 2001-12-31 | 0.80 |
| 2000-12-31 | 0.76 |
| 1999-12-31 | 0.72 |
| 1998-12-31 | 0.78 |
| 1997-12-31 | 0.55 |
| 1996-12-31 | 0.59 |
Related Metrics
About CMS Energy Corporation
CMS Energy Corporation (CMS) operates as a significant utility provider with its primary services concentrated in Michigan. The company's business is structured into three main divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment encompasses the full spectrum of electricity operations, from generating power using a variety of sources—including coal, wind, natural gas, renewable energies, oil, and nuclear—to its subsequent purchase, transmission, distribution, and sale to customers. Its extensive electrical grid is supported by approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, an additional 82,474 miles of electric overhead distribution lines, and 9,395 miles of underground distribution lines. This vast network also includes 1,093 substations and 3 battery storage facilities. The Gas Utility division is responsible for procuring, transmitting, storing, distributing, and selling natural gas. This segment's infrastructure features 2,392 miles of transmission pipelines, 15 natural gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations. The Enterprises segment specializes in independent power generation and energy marketing, particularly focusing on the development and operation of renewable energy projects. CMS Energy serves a considerable customer base, providing electricity to 1.9 million clients and natural gas to 1.8 million clients, spanning residential, commercial, and diverse industrial sectors. The company was established in 1987 and its corporate headquarters are situated in Jackson, Michigan.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Garrick J. Rochow