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CMS Energy Corporation (CMS) Earnings Yield: 4.96%

Is CMS Energy Corporation’s earnings yield high or low?

CMS Energy Corporation's earnings yield of 4.96% is in line with its 5-year average of 5.24%, near the low end of its 5-year range (3.71%–8.56%).

As of Sunday, June 14, 2026. 4.31% above its 12-month average of 4.75%.

CMS Earnings Yield Chart

CMS Earnings Yield
4.96%+3.98% 1Y
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4.40%4.60%4.80%5.00%5.20%Jun 25Sep 25Dec 25Mar 26Jun 26

CMS Average Earnings Yield Chart

CMS Current vs Average Earnings Yield Chart

CMS Earnings Yield Metrics

EARNINGS YIELD

4.96%

EARNINGS YIELD AVG TTM

4.75%

EARNINGS YIELD AVG 3Y

4.77%

EARNINGS YIELD AVG 5Y

5.24%

EARNINGS YIELD AVG 10Y

4.69%

EARNINGS YIELD AVG 15Y

5.06%

EARNINGS YIELD AVG 20Y

5.31%

CURRENT VS TTM AVG

+4.31%

CURRENT VS 3Y AVG

+3.90%

CURRENT VS 5Y AVG

-5.27%

CURRENT VS 10Y AVG

+5.72%

CURRENT VS 15Y AVG

-1.99%

CURRENT VS 20Y AVG

-6.54%

CMS Competitors' Earnings Yield

NAMEMARKET CAPEARNINGS YIELDTTM3Y5Y
CMS Energy Corporation (CMS)$22.73B4.96%4.75%4.77%5.24%
Alliant Energy Corporation (LNT)vs ›$18.88B4.36%4.66%4.82%4.74%
FirstEnergy Corp. (FE)vs ›$27.20B3.90%4.55%3.90%4.31%
CenterPoint Energy, Inc. (CNP)vs ›$28.06B3.80%3.88%4.40%5.29%
Atmos Energy Corporation (ATO)vs ›$28.37B4.78%4.39%4.87%4.95%
WEC Energy Group, Inc. (WEC)vs ›$36.95B4.42%4.63%4.82%4.68%
Consolidated Edison, Inc. (ED)vs ›$39.71B5.51%5.44%6.06%5.53%
Public Service Enterprise Group Incorporated (PEG)vs ›$39.72B5.67%5.00%5.89%5.50%
Exelon Corporation (EXC)vs ›$47.28B5.93%6.00%5.97%5.49%
Xcel Energy Inc. (XEL)vs ›$49.45B4.42%4.51%5.07%4.80%

Earnings Yield vs P/E Ratio

Earnings Yield

4.96%

EPS ÷ Price

P/E Ratio

20.2

Price ÷ EPS

Formula: Earnings Yield = (EPS / Price) × 100

Earnings Yield is simply the inverse of P/E. A P/E of 20 equals a 5% earnings yield.

How earnings yield is used:

  • It expresses earnings relative to share price as a percentage
  • It can be compared with FCF yield and dividend yield
  • It can be compared with bond yields because both are percentages
  • It is mathematically the inverse of the P/E ratio

CMS Energy Corporation Earnings Yield Formula & Definition

Earnings Yield = EPS (TTM) / Share Price

Earnings yield is the inverse of the PE ratio, expressing trailing earnings as a percentage of price. Higher is cheaper.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

CMS Energy Corporation Earnings Yield FAQ

What is the earnings yield for CMS Energy Corporation (CMS)?
The earnings yield for CMS stock is 4.96%.
Is CMS Energy Corporation's earnings yield high or low?
CMS Energy Corporation's earnings yield of 4.96% is in line with its 5-year average of 5.24%, near the low end of its 5-year range (3.71%–8.56%).
What is the TTM average earnings yield for CMS Energy Corporation (CMS)?
The TTM average earnings yield for CMS stock is 4.75%.
What is the 3Y average earnings yield for CMS Energy Corporation (CMS)?
The 3Y average earnings yield for CMS stock is 4.77%.
What is the 5Y average earnings yield for CMS Energy Corporation (CMS)?
The 5Y average earnings yield for CMS stock is 5.24%.
What is the 10Y average earnings yield for CMS Energy Corporation (CMS)?
The 10Y average earnings yield for CMS stock is 4.69%.
What is the 15Y average earnings yield for CMS Energy Corporation (CMS)?
The 15Y average earnings yield for CMS stock is 5.06%.
What is the 20Y average earnings yield for CMS Energy Corporation (CMS)?
The 20Y average earnings yield for CMS stock is 5.31%.

CMS Energy Corporation Earnings Yield History

DATEEARNINGS YIELD
2026-06-124.96%
2026-06-115.01%
2026-06-104.97%
2026-06-095.03%
2026-06-085.15%
2026-06-055.07%
2026-06-045.19%
2026-06-035.20%
2026-06-025.08%
2026-06-015.17%
2026-05-295.03%
2026-05-284.99%
2026-05-274.92%
2026-05-264.92%
2026-05-224.90%
2026-05-214.96%
2026-05-205.00%
2026-05-194.98%
2026-05-185.06%
2026-05-155.09%
2026-05-144.98%
2026-05-135.01%
2026-05-124.98%
2026-05-114.99%
2026-05-085.03%
2026-05-074.94%
2026-05-064.93%
2026-05-054.87%
2026-05-044.82%
2026-05-014.80%
2026-04-304.76%
2026-04-294.89%
2026-04-284.81%
2026-04-274.64%
2026-04-244.63%
2026-04-234.61%
2026-04-224.71%
2026-04-214.67%
2026-04-204.58%
2026-04-174.54%
2026-04-164.52%
2026-04-154.56%
2026-04-144.48%
2026-04-134.50%
2026-04-104.45%
2026-04-094.42%
2026-04-084.48%
2026-04-074.49%
2026-04-064.51%
2026-04-024.49%
2026-04-014.53%
2026-03-314.55%
2026-03-304.57%
2026-03-274.63%
2026-03-264.63%
2026-03-254.68%
2026-03-244.69%
2026-03-234.73%
2026-03-204.74%
2026-03-194.56%
2026-03-184.56%
2026-03-174.51%
2026-03-164.51%
2026-03-134.54%
2026-03-124.60%
2026-03-114.66%
2026-03-104.62%
2026-03-094.57%
2026-03-064.57%
2026-03-054.57%
2026-03-044.52%
2026-03-034.54%
2026-03-024.52%
2026-02-274.52%
2026-02-264.58%
2026-02-254.61%
2026-02-244.60%
2026-02-234.63%
2026-02-204.65%
2026-02-194.65%
2026-02-184.70%
2026-02-174.64%
2026-02-134.60%
2026-02-124.72%
2026-02-114.74%
2026-02-104.79%
2026-02-094.76%
2026-02-064.76%
2026-02-054.76%
2026-02-044.85%
2026-02-034.83%
2026-02-024.92%
2026-01-304.85%
2026-01-294.89%
2026-01-284.83%
2026-01-274.82%
2026-01-264.85%
2026-01-234.91%
2026-01-224.89%
2026-01-214.84%
2026-01-204.86%
2026-01-164.84%
2026-01-154.87%
2026-01-144.89%
2026-01-134.92%
2026-01-124.97%
2026-01-094.96%
2026-01-084.97%
2026-01-074.99%
2026-01-064.93%
2026-01-055.00%
2026-01-024.93%
2025-12-314.96%
2025-12-304.93%
2025-12-294.95%
2025-12-264.96%
2025-12-244.95%
2025-12-234.96%
2025-12-224.97%
2025-12-195.02%
2025-12-184.91%
2025-12-174.94%
2025-12-164.96%
2025-12-154.90%
2025-12-124.97%
2025-12-114.98%
2025-12-104.96%
2025-12-094.93%
2025-12-084.92%
2025-12-054.88%
2025-12-044.84%
2025-12-034.81%
2025-12-024.78%
2025-12-014.74%
2025-11-284.60%
2025-11-264.61%
2025-11-254.64%
2025-11-244.67%
2025-11-214.69%
2025-11-204.72%
2025-11-194.76%
2025-11-184.67%
2025-11-174.66%
2025-11-144.69%
2025-11-134.69%
2025-11-124.63%
2025-11-114.64%
2025-11-104.69%
2025-11-074.74%
2025-11-064.80%
2025-11-054.78%
2025-11-044.76%
2025-11-034.79%
2025-10-314.72%
2025-10-304.74%
2025-10-294.69%
2025-10-284.62%
2025-10-274.55%
2025-10-244.54%
2025-10-234.55%
2025-10-224.51%
2025-10-214.55%
2025-10-204.51%
2025-10-174.53%
2025-10-164.54%
2025-10-154.50%
2025-10-144.56%
2025-10-134.61%
2025-10-104.57%
2025-10-094.63%
2025-10-084.63%
2025-10-074.60%
2025-10-064.63%
2025-10-034.69%
2025-10-024.72%
2025-10-014.68%
2025-09-304.63%
2025-09-294.66%
2025-09-264.72%
2025-09-254.78%
2025-09-244.73%
2025-09-234.74%
2025-09-224.81%
2025-09-194.84%
2025-09-184.83%
2025-09-174.82%
2025-09-164.84%
2025-09-154.73%
2025-09-124.73%
2025-09-114.73%
2025-09-104.76%
2025-09-094.78%
2025-09-084.80%
2025-09-054.74%
2025-09-044.74%
2025-09-034.74%
2025-09-024.76%
2025-08-294.74%
2025-08-284.76%
2025-08-274.69%
2025-08-264.70%
2025-08-254.69%
2025-08-224.64%
2025-08-214.66%
2025-08-204.64%
2025-08-194.64%
2025-08-184.71%
2025-08-154.69%
2025-08-144.67%
2025-08-134.61%
2025-08-124.66%
2025-08-114.65%
2025-08-084.61%
2025-08-074.55%
2025-08-064.57%
2025-08-054.57%
2025-08-044.54%
2025-08-014.58%
2025-07-314.59%
2025-07-304.68%
2025-07-294.68%
2025-07-284.74%
2025-07-254.64%
2025-07-244.64%
2025-07-234.64%
2025-07-224.59%
2025-07-214.68%
2025-07-184.70%
2025-07-174.77%
2025-07-164.78%
2025-07-154.81%
2025-07-144.79%
2025-07-114.81%
2025-07-104.79%
2025-07-094.84%
2025-07-084.87%
2025-07-074.85%
2025-07-034.80%
2025-07-024.85%
2025-07-014.82%
2025-06-304.88%
2025-06-274.90%
2025-06-264.89%
2025-06-254.93%
2025-06-244.85%
2025-06-234.84%
2025-06-204.89%
2025-06-184.91%
2025-06-174.89%
2025-06-164.86%
2025-06-134.79%
2025-06-124.77%
2025-06-114.83%
2025-06-104.82%
2025-06-094.85%
2025-06-064.83%
2025-06-054.88%
2025-06-044.85%
2025-06-034.77%
2025-06-024.81%

Showing the most recent 260 of 4,556 data points. The chart above shows the full history.

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.

Jackson, MI
8,324 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Garrick J. Rochow