Seek Returns

CMS vs. EMA: CMS Energy vs. Emera Stock Comparison

How do CMS Energy (CMS) and Emera (EMA) 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 Emera (EMA) both fall under the Utilities industry group, but CMS is classified in Multi-Utilities while EMA is classified in Electric Utilities.

Company profile comparison for CMS Energy (CMS) and Emera (EMA)
Profile ItemCMSEMA
NameCMS Energy Corporation Common StockEmera Inc.
Country/RegionUnited StatesCanada
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryMulti-UtilitiesElectric Utilities
GICS Sub-IndustryMulti-UtilitiesElectric Utilities
Market Capitalization21.70 billion USD15.62 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973January 5, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CMS
EMA
GSPC
Loading price history…
CMS Energy (CMS) vs. Emera (EMA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for CMS Energy (CMS) and Emera (EMA). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for CMS Energy (CMS) and Emera (EMA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
Total Return (1Y)-1.93%9.07%
Total Return (3Y, Annualized)11.79%18.64%
Total Return (5Y, Annualized)6.25%6.45%

Risk Profile

Drawdown History

CMS
EMA
GSPC
Loading price history…
CMS Energy (CMS) vs. Emera (EMA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for CMS Energy (CMS) and Emera (EMA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
Volatility (1Y, Annualized)17.58%16.26%
Beta (5Y)0.310.40
Max Drawdown (5Y)-28.04%-32.61%
Avg. Volume (3M)3.84M713.97K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CMS and EMA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
Sharpe Ratio (1Y)-0.350.29
Sortino Ratio (1Y)-0.490.43

Profitability

ROE (TTM)

Emera (EMA) at 7.56% is around its peer norm for ROE, while CMS Energy (CMS) at 5.31% drops into the bottom quartile, signaling weaker returns on shareholders’ 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%

EMA

Utilities industry group

7.56%

Max
17.99%
Q3
12.01%
Median
9.44%
EMA
7.56%
Q1
7.56%
Min
2.17%
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both CMS Energy (CMS) at 9.72% and Emera (EMA) at 11.64% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CMS

Utilities industry group

9.72%

Max
28.78%
Q3
17.30%
Median
12.73%
CMS
9.72%
Q1
9.18%
Min
-0.20%

EMA

Utilities industry group

11.64%

Max
28.78%
Q3
17.30%
Median
12.73%
EMA
11.64%
Q1
9.18%
Min
-0.20%
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both CMS Energy (CMS) at 28.45% and Emera (EMA) at 17.85% 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%

EMA

Utilities industry group

17.85%

Max
53.83%
Q3
31.12%
Median
23.62%
EMA
17.85%
Q1
15.45%
Min
-4.90%
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
ROE (TTM)5.31%7.56%
ROA (TTM)3.07%2.91%
Net Margin (TTM)9.72%11.64%
Operating Margin (TTM)28.45%17.85%
Gross Margin (TTM)40.76%43.76%

Growth

Revenue Growth

Both CMS Energy (CMS) at 13.63% and Emera (EMA) at 21.89% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Emera (EMA) at 97.66% 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.

Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
Revenue Growth (YoY)13.63%21.89%
Revenue Growth (3Y CAGR)-0.22%4.97%
EPS Growth (YoY)4.19%97.66%
EPS Growth (3Y CAGR)6.84%-1.62%

Financial Strength

Current Ratio (MRQ)

Both CMS Energy (CMS) at 0.95 and Emera (EMA) at 0.73 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

EMA

Utilities industry group

0.73

Max
1.90
Q3
1.17
Median
0.88
EMA
0.73
Q1
0.66
Min
0.29
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Emera (EMA) at 1.54 carries an industry-typical debt-to-equity mix, while CMS Energy (CMS) at 1.96 uses more debt funding than most peers.

CMS

Utilities industry group

1.96

Max
2.63
CMS
1.96
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00

EMA

Utilities industry group

1.54

Max
2.63
Q3
1.77
EMA
1.54
Median
1.35
Q1
0.84
Min
0.00
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
Current Ratio (MRQ)0.950.73
Debt / Equity (MRQ)1.961.54
Net Debt / EBITDA6.336.38

Dividends

Dividend Yield (TTM)

Emera (EMA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CMS Energy (CMS) reports a yield of 3.21%, ranking against industry peers normally.

CMS

Utilities industry group

3.21%

Max
6.66%
Q3
3.58%
CMS
3.21%
Median
2.85%
Q1
0.66%
Min
0.00%

EMA

Utilities industry group

0.00%

Max
6.66%
Q3
3.58%
Median
2.85%
Q1
0.66%
EMA
0.00%
Min
0.00%
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both CMS Energy (CMS) at 80.45% and Emera (EMA) at 92.48% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

CMS

Utilities industry group

80.45%

Max
113.04%
CMS
80.45%
Q3
68.72%
Median
56.38%
Q1
32.38%
Min
0.00%

EMA

Utilities industry group

92.48%

Max
113.04%
EMA
92.48%
Q3
68.72%
Median
56.38%
Q1
32.38%
Min
0.00%
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
Dividend Yield (TTM)3.21%0.00%
Dividend Payout Ratio (TTM)80.45%92.48%

Valuation

P/E Ratio (TTM)

Both CMS Energy (CMS) at 24.71 and Emera (EMA) at 23.58 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

CMS

Utilities industry group

24.71

Max
31.22
CMS
24.71
Q3
23.30
Median
19.64
Q1
15.17
Min
3.34

EMA

Utilities industry group

23.58

Max
31.22
EMA
23.58
Q3
23.30
Median
19.64
Q1
15.17
Min
3.34
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both CMS Energy (CMS) at 2.42 and Emera (EMA) at 1.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CMS

Utilities industry group

2.42

Max
6.35
Q3
3.63
Median
2.63
CMS
2.42
Q1
1.52
Min
0.00

EMA

Utilities industry group

1.75

Max
6.35
Q3
3.63
Median
2.63
EMA
1.75
Q1
1.52
Min
0.00
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Emera (EMA) at 1.80 is valued about in line with its industry on P/B ratio, while CMS Energy (CMS) at 2.28 carries an above-peer premium to book — CMS is pricier on assets.

CMS

Utilities industry group

2.28

Max
3.12
CMS
2.28
Q3
2.21
Median
1.83
Q1
1.46
Min
0.34

EMA

Utilities industry group

1.80

Max
3.12
Q3
2.21
Median
1.83
EMA
1.80
Q1
1.46
Min
0.34
Loading chart…
CMS Energy (CMS) vs. Emera (EMA): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for CMS Energy (CMS) and Emera (EMA)
MetricCMSEMA
P/E Ratio (TTM)24.7123.58
P/S Ratio (TTM)2.421.75
P/B Ratio (MRQ)2.281.80
Free Cash Flow Yield (TTM)-9.54%-9.18%