Utilities · S&P 500

CMS Energy

A regulated electric and gas utility serving Michigan. S&P 500 constituent. Sector: Utilities (Multi-Utilities). Baseline node ahead of value-chain research; promoted to a full node once AI question demand is observed.

CMS Updated Jul 11, 2026 2 AI consumers· 1 recurring

Annual return · 2026-07-10'21+9.7%'22+0.2%'23-5.2%'24+18.6%'25+8.1%YTD+9.5%
Money in·
CMS Energy~$7.5B
Money out·

Financials & Segments

  • Total revenue · ~$7.5B (FY2024)
  • Segments · Electric Utility · Gas Utility · Enterprises

Revenue from

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Pays to

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