CMS vs. EIX: CMS Energy vs. Edison Stock Comparison
How do CMS Energy (CMS) and Edison (EIX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CMS Energy (CMS) and Edison (EIX) both fall under the Utilities industry group, but CMS is classified in Multi-Utilities while EIX is classified in Electric Utilities.
| Profile Item | CMS | EIX |
|---|---|---|
| Name | CMS Energy Corporation Common Stock | Edison International |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Electric Utilities |
| GICS Sub-Industry | Multi-Utilities | Electric Utilities |
| Market Capitalization | 21.70 billion USD | 22.84 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | May 3, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CMS | EIX |
|---|---|---|
| Total Return (1Y) | -1.93% | 11.26% |
| Total Return (3Y, Annualized) | 11.79% | 3.52% |
| Total Return (5Y, Annualized) | 6.25% | 3.43% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CMS | EIX |
|---|---|---|
| Volatility (1Y, Annualized) | 17.58% | 36.47% |
| Beta (5Y) | 0.31 | 0.55 |
| Max Drawdown (5Y) | -28.04% | -43.88% |
| Avg. Volume (3M) | 3.84M | 5.15M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CMS | EIX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.35 | 0.19 |
| Sortino Ratio (1Y) | -0.49 | 0.23 |
Profitability
ROE (TTM)
Edison (EIX) at 18.76% delivers above-range ROE, while CMS Energy (CMS) at 5.31% falls into the bottom quartile — a wide split in profit generated from equity.
CMS
Utilities industry group
5.31%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- CMS
- 5.31%
- Min
- 2.17%
EIX
Utilities industry group
18.76%
- EIX
- 18.76%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Edison (EIX) at 19.60% retains a top-quartile share of revenue as profit, ahead of CMS Energy (CMS) at 9.72%, which keeps about the industry-typical share.
CMS
Utilities industry group
9.72%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- CMS
- 9.72%
- Q1
- 9.18%
- Min
- -0.20%
EIX
Utilities industry group
19.60%
- Max
- 28.78%
- EIX
- 19.60%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both CMS Energy (CMS) at 28.45% and Edison (EIX) at 21.53% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CMS
Utilities industry group
28.45%
- Max
- 53.83%
- Q3
- 31.12%
- CMS
- 28.45%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
EIX
Utilities industry group
21.53%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- EIX
- 21.53%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | CMS | EIX |
|---|---|---|
| ROE (TTM) | 5.31% | 18.76% |
| ROA (TTM) | 3.07% | 3.49% |
| Net Margin (TTM) | 9.72% | 19.60% |
| Operating Margin (TTM) | 28.45% | 21.53% |
| Gross Margin (TTM) | 40.76% | 59.44% |
Growth
Revenue Growth
CMS Energy (CMS) at 13.63% sits in the top revenue growth quartile, while Edison (EIX) at 9.76% is closer to the peer norm — faster top-line expansion for CMS.
EPS Growth
Edison (EIX) at 248.94% clears its industry range for EPS growth, a much stronger earnings trajectory than CMS Energy (CMS) at 4.19%, which is closer to a typical peer reading.
Growth Metrics
| Metric | CMS | EIX |
|---|---|---|
| Revenue Growth (YoY) | 13.63% | 9.76% |
| Revenue Growth (3Y CAGR) | -0.22% | 3.90% |
| EPS Growth (YoY) | 4.19% | 248.94% |
| EPS Growth (3Y CAGR) | 6.84% | 93.27% |
Financial Strength
Current Ratio (MRQ)
Both CMS Energy (CMS) at 0.95 and Edison (EIX) at 0.77 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CMS
Utilities industry group
0.95
- Max
- 1.90
- Q3
- 1.17
- CMS
- 0.95
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
EIX
Utilities industry group
0.77
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- EIX
- 0.77
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both CMS Energy (CMS) at 1.96 and Edison (EIX) at 2.20 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
CMS
Utilities industry group
1.96
- Max
- 2.63
- CMS
- 1.96
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
EIX
Utilities industry group
2.20
- Max
- 2.63
- EIX
- 2.20
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | CMS | EIX |
|---|---|---|
| Current Ratio (MRQ) | 0.95 | 0.77 |
| Debt / Equity (MRQ) | 1.96 | 2.20 |
| Net Debt / EBITDA | 6.33 | 5.26 |
Dividends
Dividend Yield (TTM)
Edison (EIX) at 5.76% delivers top-quartile income for its industry, while CMS Energy (CMS) at 3.21% pays a more typical yield — both are credible income propositions, EIX the richer one.
CMS
Utilities industry group
3.21%
- Max
- 6.66%
- Q3
- 3.58%
- CMS
- 3.21%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
EIX
Utilities industry group
5.76%
- Max
- 6.66%
- EIX
- 5.76%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Edison (EIX) at 37.30% pays out a band-typical share of earnings, while CMS Energy (CMS) at 80.45% distributes more than its industry norm — less retained, thinner cover.
CMS
Utilities industry group
80.45%
- Max
- 113.04%
- CMS
- 80.45%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
EIX
Utilities industry group
37.30%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- EIX
- 37.30%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | CMS | EIX |
|---|---|---|
| Dividend Yield (TTM) | 3.21% | 5.76% |
| Dividend Payout Ratio (TTM) | 80.45% | 37.30% |
Valuation
P/E Ratio (TTM)
Edison (EIX) at 6.31 sits in the cheaper P/E ratio quartile, while CMS Energy (CMS) at 24.71 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
CMS
Utilities industry group
24.71
- Max
- 31.22
- CMS
- 24.71
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
EIX
Utilities industry group
6.31
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- EIX
- 6.31
- Min
- 3.34
P/S Ratio (TTM)
Edison (EIX) at 1.23 sits in the cheaper P/S ratio quartile while CMS Energy (CMS) at 2.42 prices around its industry’s middle — EIX costs less per dollar of sales, though read it alongside growth and margins.
CMS
Utilities industry group
2.42
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- CMS
- 2.42
- Q1
- 1.52
- Min
- 0.00
EIX
Utilities industry group
1.23
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- EIX
- 1.23
- Min
- 0.00
P/B Ratio (MRQ)
Edison (EIX) at 1.28 looks cheap against book in the lower P/B ratio quartile, while CMS Energy (CMS) at 2.28 carries a premium in the upper quartile — a clear price-to-book gap.
CMS
Utilities industry group
2.28
- Max
- 3.12
- CMS
- 2.28
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
EIX
Utilities industry group
1.28
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- EIX
- 1.28
- Min
- 0.34
Valuation Metrics
| Metric | CMS | EIX |
|---|---|---|
| P/E Ratio (TTM) | 24.71 | 6.31 |
| P/S Ratio (TTM) | 2.42 | 1.23 |
| P/B Ratio (MRQ) | 2.28 | 1.28 |
| Free Cash Flow Yield (TTM) | -9.54% | -0.77% |