CMS ENERGY CORP(CMS)Stock Analysis
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Rank #806 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
CMS Stock Analysis & AI Quality Score
AI stock analysis and institutional research for CMS ENERGY CORP (CMS), a Utilities sector company. 13F Pro's AI-powered ranking engine scores CMS at 61.5/100 on a 32-signal composite quality model, placing it at rank #806 of 2,879 stocks — the top half of the AI-ranked universe. CMS scores in the top quartile across revenue scale (85.4). Areas of concern include free cash flow (16.1), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), CMS ENERGY CORP reports quarterly revenue of $2.7B, net income of $340.0M, an operating margin of 17.9%. Top institutional holders of CMS by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. CMS trades on the NYSE exchange and files with the SEC under CIK 811156. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CMS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CMS ENERGY CORP directly from SEC EDGAR. CMS ENERGY CORP's 13F Pro composite quality score has ranged between 45 and 63 since 2021, currently 61.5 — an improving long-term trajectory across 28 quarterly and live scoring snapshots.
Revenue
Q1 2026
$2.7B
Net Income
Q1 2026
$340.0M
Free Cash Flow
Q1 2026
$-334.0M
Operating Margin
Q1 2026
17.9%
ROIC
Q1 2026
1.8%
D/E Ratio
Q1 2026
1.99
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-13.2% YoYNet Income
+6.0% YoYOperating Income
+0.9% YoYEPS (Diluted)
+5.6% YoYTotal Assets
+6.9% YoYTotal Debt
+8.9% YoYOp. Cash Flow
+170.1% YoY| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $7.46B -13.2% | $8.60B +17.3% | $7.33B +14.2% | $6.42B -3.1% | $6.62B -3.6% | $6.87B |
| Net Income | $887.0M +6.0% | $837.0M -38.1% | $1.35B +79.2% | $755.0M +11.0% | $680.0M +3.5% | $657.0M |
| Operating Income | $1.24B +0.9% | $1.22B +6.8% | $1.15B -6.8% | $1.23B +10.3% | $1.11B -4.0% | $1.16B |
| EPS (Diluted) | $3.01 +5.6% | $2.85 -38.8% | $4.66 +76.5% | $2.64 +10.5% | $2.39 +3.0% | $2.32 |
| Total Assets | $33.52B +6.9% | $31.35B +9.0% | $28.75B -3.1% | $29.67B +10.5% | $26.84B +9.4% | $24.53B |
| Total Debt | $15.48B +8.9% | $14.21B +14.4% | $12.42B +0.8% | $12.31B -5.7% | $13.06B +3.8% | $12.59B |
| Operating Cash Flow | $2.31B +170.1% | $855.0M -53.0% | $1.82B +42.6% | $1.28B -28.7% | $1.79B +5.1% | $1.70B |
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Available Research
13F Pro tracks comprehensive data for CMS ENERGY CORP including:
Top Institutional Holders of CMS
BlackRock, Inc.
$2.6B33,563,574 shVANGUARD CAPITAL MANAGEMENT LLC
$1.5B19,877,297 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.5B18,793,345 shSTATE STREET CORP
$1.4B18,099,033 shGEODE CAPITAL MANAGEMENT, LLC
$659.2M8,528,153 shDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt
$631.1M8,135,227 shMASSACHUSETTS FINANCIAL SERVICES CO /MA/
$614.3M7,630,373 shDEUTSCHE BANK AG\
$600.9M7,745,314 shInvesco Ltd.
$593.1M7,645,197 shVICTORY CAPITAL MANAGEMENT INC
$530.6M6,839,262 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $2.6B | 33,563,574 |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.5B | 19,877,297 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.5B | 18,793,345 |
| STATE STREET CORP | $1.4B | 18,099,033 |
| GEODE CAPITAL MANAGEMENT, LLC | $659.2M | 8,528,153 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt | $631.1M | 8,135,227 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $614.3M | 7,630,373 |
| DEUTSCHE BANK AG\ | $600.9M | 7,745,314 |
| Invesco Ltd. | $593.1M | 7,645,197 |
| VICTORY CAPITAL MANAGEMENT INC | $530.6M | 6,839,262 |
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Popular Research
Is CMS a good stock to buy?
13F Pro's AI-powered analysis of CMS ENERGY CORP (CMS) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CMS are available on the CMS stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own CMS?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CMS. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CMS ENERGY CORP's investment landscape.