$280.20
Value $101B
Constellation EnergyvsCMS Energy
CEG and CMS stock compared: price, dividend, valuation and results, from SEC filings.
-0.78%
$70.38
Value $21.6B
Constellation Energy (CEG) has a market value of $101B and CMS Energy (CMS) $21.6B. Over the last year, with dividends, CEG moved -20.4% and CMS -3.1%. The P/E is 29.3 for CEG and 21.2 for CMS. Dividend yield: CEG 0.60%, CMS 3.24%.
At a glance
The main figures of both. A bar only shows which number is larger, not which is better.
Market value
CEG$101B
CMS$21.6B
CEG is 4.7 times CMS
Revenue, 12 months
CEG$31.3B
CMS$8.8B
CEG is 3.5 times CMS
Net income, 12 months
CEG$3.5B
CMS$1.0B
CEG is 3.4 times CMS
Operating margin
CEG14.7%
CMS19.0%
4.3 points apart
ROIC
CEG8.6%
CMS4.8%
3.8 points apart
P/E
CEG29.3
CMS21.2
CEG is 1.4 times CMS
Dividend yield
CEG0.6%
CMS3.2%
2.6 points apart
A fainter bar means a negative number. The 5-year return includes dividends.
The price over time
Both start at 100 at the beginning of the period, so the lines show how much each changed. With dividends means each dividend buys more shares.
CEG+134.7%
CMS+39.8%
| Period | CEGWith dividends | CMSWith dividends |
|---|---|---|
| 1 year since November 12, 2025 | -20.4%Price -20.9% | -3.1%Price -6.1% |
| 3 years since November 13, 2023 | +134.7%+32.9% a yearPrice +130.2% | +39.8%+11.8% a yearPrice +27.2% |
Each cell: the total return with dividends, its yearly rate, and the price change alone. Before taxes and costs. Past returns do not predict future ones.
Every figure
As on each company's page. A description, not a recommendation: no one figure says which is better.
CEGConstellation EnergyCMSCMS Energy
Valuation
CEGCMS| Price | $280.20 | $70.38 |
|---|---|---|
| Market value | $101B | $21.6B |
| Enterprise value (EV) | $125B | $40.6B |
| P/E | 29.3 | 21.2 |
| P/E, 5-year median | 23.3 | 19.8 |
| P/B | 3.2 | 2.3 |
| EV/EBIT | 27.2 | 24.3 |
| Free cash flow yield | 0.3% | – |
Results and growth
CEGCMS| Revenue, 12 months | $31.3B | $8.8B |
|---|---|---|
| Net income, 12 months | $3.5B | $1.0B |
| Free cash flow, 12 months | $309M | – |
| Earnings per share, 12 months | $10.26 | $3.33 |
| Revenue growth, year on year | 8.3% | 13.6% |
| Revenue growth a year, past | +7.7%over 5 years | +5.9%over 5 years |
| EPS growth a year, past | – | +6.0%over 5 years |
Margins and returns on capital
CEGCMS| Gross margin | – | – |
|---|---|---|
| Operating margin | 14.7% | 19.0% |
| Net margin | 11.1% | 11.6% |
| ROIC | 8.6% | 4.8% |
| ROE | 16.1% | 11.2% |
Balance sheet
CEGCMS| Cash | $697M | $241M |
|---|---|---|
| Total debt | $24.3B | $19.3B |
| Net debt / EBITDA | 3.3 | 6.4 |
| Interest cover | 5.9× | 2.0× |
Dividends and buybacks
CEGCMS| Dividend yield | 0.6% | 3.2% |
|---|---|---|
| Dividend per share, 12 months | $1.67 | $2.28 |
| Dividend growth a year, past | – | +5.9%over 5 years |
| Buyback yield | 0.4% | – |
| Shareholder yield | 1.0% | 3.2% |
Last 12 months from the latest 10-Q and 10-K. Value, P/E and yields at today's price. A dash means the figure does not exist or did not pass our checks.
Which is bigger, Constellation Energy or CMS Energy?
By market value, Constellation Energy ($101B) is about 4.7 times CMS Energy ($21.6B), at today's prices.
How did CEG and CMS stock do over the last 3 years?
Since November 13, 2023, CEG's price moved +130.2% and CMS's +27.2%. With dividends: CEG +134.7% (+32.9% a year), CMS +39.8% (+11.8% a year). Past returns do not predict future ones.
Which pays the higher dividend, CEG or CMS?
The dividend yield at today's price is 0.60% for Constellation Energy and 3.24% for CMS Energy. Over the last twelve months they paid $1.67 and $2.28 per share.
What is the P/E of CEG and CMS?
At today's price, the P/E is 29.3 for CEG and 21.2 for CMS. The median of the last five years was 23.3 and 19.8, which shows where each stands against its own past.
Which has the higher profit margins, Constellation Energy or CMS Energy?
Over the last twelve months, the net margin was 11.1% for Constellation Energy and 11.6% for CMS Energy, and the operating margin 14.7% and 19.0%. Revenue was $31.3B and $8.8B.
Which is the better investment, Constellation Energy or CMS Energy?
The page does not answer that and does not suggest buying or selling. It puts the two companies' numbers side by side, from their SEC filings, for you to read and form your own view. The decision depends on your goals and situation.
Other comparisons
With each of the two, and with the largest in its sector.
Related pages
The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.
US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.
Descriptive data from SEC filings and market prices.