CMS Energy Corporation (CMS) EV/EBIT Ratio: 23.75x
Is CMS Energy Corporation’s EV/EBIT ratio high or low?
CMS Energy Corporation's EV/EBIT ratio of 23.75x is in line with its 5-year average of 25.62x, near the low end of its 5-year range (21.29x–30.06x).
As of Saturday, June 13, 2026. 0.13% above its 12-month average of 23.72x.
CMS EV/EBIT Ratio Chart
CMS Average EV/EBIT Ratio Chart
CMS Current vs Average EV/EBIT Ratio Chart
CMS EV/EBIT Ratio Metrics
EV/EBIT RATIO
23.75x
EV/EBIT RATIO AVG TTM
23.72x
EV/EBIT RATIO AVG 3Y
25.54x
EV/EBIT RATIO AVG 5Y
25.62x
EV/EBIT RATIO AVG 10Y
23.37x
EV/EBIT RATIO AVG 15Y
20.31x
EV/EBIT RATIO AVG 20Y
58.22x
CURRENT VS TTM AVG
+0.13%
CURRENT VS 3Y AVG
-7.01%
CURRENT VS 5Y AVG
-7.29%
CURRENT VS 10Y AVG
+1.61%
CURRENT VS 15Y AVG
+16.91%
CURRENT VS 20Y AVG
-59.21%
CMS Competitors' EV/EBIT Ratio
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.73B | 23.75x | 23.72x | 25.54x | 25.62x |
| Alliant Energy Corporation (LNT) | $18.88B | 30.13x | 28.41x | 26.99x | 26.90x |
| FirstEnergy Corp. (FE) | $27.20B | 19.01x | 18.90x | 20.32x | 21.82x |
| CenterPoint Energy, Inc. (CNP) | $28.06B | 24.69x | 23.78x | 21.88x | 22.56x |
| Atmos Energy Corporation (ATO) | $28.37B | 21.71x | 23.30x | 22.34x | 23.15x |
| WEC Energy Group, Inc. (WEC) | $36.95B | 24.62x | 24.29x | 24.04x | 24.53x |
| Consolidated Edison, Inc. (ED) | $39.71B | 22.22x | 21.93x | 22.36x | 21.65x |
| Public Service Enterprise Group Incorporated (PEG) | $39.72B | 17.26x | 22.51x | 20.77x | 23.42x |
| Exelon Corporation (EXC) | $47.28B | 18.72x | 19.00x | 20.29x | 23.32x |
| Xcel Energy Inc. (XEL) | $49.45B | 29.66x | 30.86x | 26.94x | 27.16x |
CMS Energy Corporation EV/EBIT Ratio Formula & Definition
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CMS Energy Corporation EV/EBIT Ratio FAQ
- What is the EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The EV/EBIT ratio for CMS stock is 23.75x.
- Is CMS Energy Corporation's EV/EBIT ratio high or low?
- CMS Energy Corporation's EV/EBIT ratio of 23.75x is in line with its 5-year average of 25.62x, near the low end of its 5-year range (21.29x–30.06x).
- What is the TTM average EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The TTM average EV/EBIT ratio for CMS stock is 23.72x.
- What is the 3Y average EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The 3Y average EV/EBIT ratio for CMS stock is 25.54x.
- What is the 5Y average EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The 5Y average EV/EBIT ratio for CMS stock is 25.62x.
- What is the 10Y average EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The 10Y average EV/EBIT ratio for CMS stock is 23.37x.
- What is the 15Y average EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The 15Y average EV/EBIT ratio for CMS stock is 20.31x.
- What is the 20Y average EV/EBIT ratio for CMS Energy Corporation (CMS)?
- The 20Y average EV/EBIT ratio for CMS stock is 58.22x.
CMS Energy Corporation EV/EBIT Ratio History
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-06-12 | 23.75x |
| 2026-06-11 | 23.63x |
| 2026-06-10 | 23.73x |
| 2026-06-09 | 23.59x |
| 2026-06-08 | 23.29x |
| 2026-06-05 | 23.49x |
| 2026-06-04 | 23.19x |
| 2026-06-03 | 23.17x |
| 2026-06-02 | 23.45x |
| 2026-06-01 | 23.23x |
| 2026-05-29 | 23.58x |
| 2026-05-28 | 23.68x |
| 2026-05-27 | 23.87x |
| 2026-05-26 | 23.86x |
| 2026-05-22 | 23.92x |
| 2026-05-21 | 23.77x |
| 2026-05-20 | 23.65x |
| 2026-05-19 | 23.71x |
| 2026-05-18 | 23.50x |
| 2026-05-15 | 23.42x |
| 2026-05-14 | 23.70x |
| 2026-05-13 | 23.62x |
| 2026-05-12 | 23.71x |
| 2026-05-11 | 23.69x |
| 2026-05-08 | 23.59x |
| 2026-05-07 | 23.82x |
| 2026-05-06 | 23.84x |
| 2026-05-05 | 23.99x |
| 2026-05-04 | 24.12x |
| 2026-05-01 | 24.18x |
| 2026-04-30 | 24.31x |
| 2026-04-29 | 23.96x |
| 2026-04-28 | 24.16x |
| 2026-04-27 | 23.82x |
| 2026-04-24 | 23.86x |
| 2026-04-23 | 23.92x |
| 2026-04-22 | 23.64x |
| 2026-04-21 | 23.74x |
| 2026-04-20 | 23.99x |
| 2026-04-17 | 24.12x |
| 2026-04-16 | 24.18x |
| 2026-04-15 | 24.07x |
| 2026-04-14 | 24.30x |
| 2026-04-13 | 24.24x |
| 2026-04-10 | 24.40x |
| 2026-04-09 | 24.50x |
| 2026-04-08 | 24.30x |
| 2026-04-07 | 24.26x |
| 2026-04-06 | 24.22x |
| 2026-04-02 | 24.26x |
| 2026-04-01 | 24.15x |
| 2026-03-31 | 24.09x |
| 2026-03-30 | 24.02x |
| 2026-03-27 | 23.85x |
| 2026-03-26 | 23.87x |
| 2026-03-25 | 23.72x |
| 2026-03-24 | 23.70x |
| 2026-03-23 | 23.57x |
| 2026-03-20 | 23.54x |
| 2026-03-19 | 24.07x |
| 2026-03-18 | 24.07x |
| 2026-03-17 | 24.21x |
| 2026-03-16 | 24.21x |
| 2026-03-13 | 24.13x |
| 2026-03-12 | 23.95x |
| 2026-03-11 | 23.79x |
| 2026-03-10 | 23.89x |
| 2026-03-09 | 24.03x |
| 2026-03-06 | 24.02x |
| 2026-03-05 | 24.02x |
| 2026-03-04 | 24.18x |
| 2026-03-03 | 24.13x |
| 2026-03-02 | 24.18x |
| 2026-02-27 | 24.17x |
| 2026-02-26 | 24.00x |
| 2026-02-25 | 23.92x |
| 2026-02-24 | 23.95x |
| 2026-02-23 | 23.87x |
| 2026-02-20 | 23.79x |
| 2026-02-19 | 23.79x |
| 2026-02-18 | 23.66x |
| 2026-02-17 | 23.82x |
| 2026-02-13 | 23.94x |
| 2026-02-12 | 23.59x |
| 2026-02-11 | 23.56x |
| 2026-02-10 | 23.42x |
| 2026-02-09 | 23.06x |
| 2026-02-06 | 23.06x |
| 2026-02-05 | 23.06x |
| 2026-02-04 | 22.84x |
| 2026-02-03 | 22.88x |
| 2026-02-02 | 22.66x |
| 2026-01-30 | 22.82x |
| 2026-01-29 | 22.72x |
| 2026-01-28 | 22.88x |
| 2026-01-27 | 22.92x |
| 2026-01-26 | 22.83x |
| 2026-01-23 | 22.68x |
| 2026-01-22 | 22.73x |
| 2026-01-21 | 22.86x |
| 2026-01-20 | 22.80x |
| 2026-01-16 | 22.86x |
| 2026-01-15 | 22.79x |
| 2026-01-14 | 22.72x |
| 2026-01-13 | 22.66x |
| 2026-01-12 | 22.54x |
| 2026-01-09 | 22.56x |
| 2026-01-08 | 22.54x |
| 2026-01-07 | 22.49x |
| 2026-01-06 | 22.63x |
| 2026-01-05 | 22.47x |
| 2026-01-02 | 22.64x |
| 2025-12-31 | 22.55x |
| 2025-12-30 | 22.64x |
| 2025-12-29 | 22.58x |
| 2025-12-26 | 22.56x |
| 2025-12-24 | 22.58x |
| 2025-12-23 | 22.57x |
| 2025-12-22 | 22.52x |
| 2025-12-19 | 22.42x |
| 2025-12-18 | 22.67x |
| 2025-12-17 | 22.61x |
| 2025-12-16 | 22.55x |
| 2025-12-15 | 22.69x |
| 2025-12-12 | 22.53x |
| 2025-12-11 | 22.52x |
| 2025-12-10 | 22.56x |
| 2025-12-09 | 22.64x |
| 2025-12-08 | 22.65x |
| 2025-12-05 | 22.75x |
| 2025-12-04 | 22.86x |
| 2025-12-03 | 22.95x |
| 2025-12-02 | 23.02x |
| 2025-12-01 | 23.11x |
| 2025-11-28 | 23.51x |
| 2025-11-26 | 23.48x |
| 2025-11-25 | 23.40x |
| 2025-11-24 | 23.31x |
| 2025-11-21 | 23.27x |
| 2025-11-20 | 23.17x |
| 2025-11-19 | 23.08x |
| 2025-11-18 | 23.31x |
| 2025-11-17 | 23.34x |
| 2025-11-14 | 23.25x |
| 2025-11-13 | 23.25x |
| 2025-11-12 | 23.43x |
| 2025-11-11 | 23.41x |
| 2025-11-10 | 23.27x |
| 2025-11-07 | 23.13x |
| 2025-11-06 | 22.97x |
| 2025-11-05 | 23.01x |
| 2025-11-04 | 23.08x |
| 2025-11-03 | 23.00x |
| 2025-10-31 | 23.18x |
| 2025-10-30 | 23.12x |
| 2025-10-29 | 24.22x |
| 2025-10-28 | 24.43x |
| 2025-10-27 | 24.65x |
| 2025-10-24 | 24.68x |
| 2025-10-23 | 24.64x |
| 2025-10-22 | 24.75x |
| 2025-10-21 | 24.64x |
| 2025-10-20 | 24.74x |
| 2025-10-17 | 24.68x |
| 2025-10-16 | 24.68x |
| 2025-10-15 | 24.78x |
| 2025-10-14 | 24.60x |
| 2025-10-13 | 24.45x |
| 2025-10-10 | 24.55x |
| 2025-10-09 | 24.40x |
| 2025-10-08 | 24.39x |
| 2025-10-07 | 24.49x |
| 2025-10-06 | 24.39x |
| 2025-10-03 | 24.23x |
| 2025-10-02 | 24.13x |
| 2025-10-01 | 24.23x |
| 2025-09-30 | 24.40x |
| 2025-09-29 | 24.31x |
| 2025-09-26 | 24.13x |
| 2025-09-25 | 23.97x |
| 2025-09-24 | 24.10x |
| 2025-09-23 | 24.07x |
| 2025-09-22 | 23.87x |
| 2025-09-19 | 23.81x |
| 2025-09-18 | 23.83x |
| 2025-09-17 | 23.86x |
| 2025-09-16 | 23.78x |
| 2025-09-15 | 24.09x |
| 2025-09-12 | 24.11x |
| 2025-09-11 | 24.10x |
| 2025-09-10 | 24.02x |
| 2025-09-09 | 23.96x |
| 2025-09-08 | 23.92x |
| 2025-09-05 | 24.08x |
| 2025-09-04 | 24.08x |
| 2025-09-03 | 24.08x |
| 2025-09-02 | 24.01x |
| 2025-08-29 | 24.08x |
| 2025-08-28 | 24.02x |
| 2025-08-27 | 24.20x |
| 2025-08-26 | 24.18x |
| 2025-08-25 | 24.21x |
| 2025-08-22 | 24.37x |
| 2025-08-21 | 24.31x |
| 2025-08-20 | 24.35x |
| 2025-08-19 | 24.36x |
| 2025-08-18 | 24.17x |
| 2025-08-15 | 24.22x |
| 2025-08-14 | 24.27x |
| 2025-08-13 | 24.44x |
| 2025-08-12 | 24.32x |
| 2025-08-11 | 24.34x |
| 2025-08-08 | 24.44x |
| 2025-08-07 | 24.64x |
| 2025-08-06 | 24.56x |
| 2025-08-05 | 24.57x |
| 2025-08-04 | 24.66x |
| 2025-08-01 | 24.55x |
| 2025-07-31 | 24.50x |
| 2025-07-30 | 24.27x |
| 2025-07-29 | 24.29x |
| 2025-07-28 | 24.12x |
| 2025-07-25 | 24.39x |
| 2025-07-24 | 24.41x |
| 2025-07-23 | 24.41x |
| 2025-07-22 | 24.54x |
| 2025-07-21 | 24.29x |
| 2025-07-18 | 24.23x |
| 2025-07-17 | 24.02x |
| 2025-07-16 | 23.99x |
| 2025-07-15 | 23.92x |
| 2025-07-14 | 23.97x |
| 2025-07-11 | 23.93x |
| 2025-07-10 | 23.96x |
| 2025-07-09 | 23.82x |
| 2025-07-08 | 23.74x |
| 2025-07-07 | 23.79x |
| 2025-07-03 | 23.95x |
| 2025-07-02 | 23.80x |
| 2025-07-01 | 23.89x |
| 2025-06-30 | 23.72x |
| 2025-06-27 | 23.67x |
| 2025-06-26 | 23.70x |
| 2025-06-25 | 23.59x |
| 2025-06-24 | 23.81x |
| 2025-06-23 | 23.84x |
| 2025-06-20 | 23.68x |
| 2025-06-18 | 23.63x |
| 2025-06-17 | 23.69x |
| 2025-06-16 | 23.77x |
| 2025-06-13 | 23.96x |
| 2025-06-12 | 24.02x |
| 2025-06-11 | 23.86x |
| 2025-06-10 | 23.89x |
| 2025-06-09 | 23.80x |
| 2025-06-06 | 23.86x |
| 2025-06-05 | 23.74x |
| 2025-06-04 | 23.81x |
| 2025-06-03 | 24.04x |
| 2025-06-02 | 23.90x |
Showing the most recent 260 of 4,631 data points. The chart above shows the full history.
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