CMS vs. PEG: CMS Energy vs. Public Service Enterprise Stock Comparison
How do CMS Energy (CMS) and Public Service Enterprise (PEG) 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 Public Service Enterprise (PEG) are both classified in the Multi-Utilities sub-industry within the broader Multi-Utilities industry, placing them in the closest GICS peer bucket.
| Profile Item | CMS | PEG |
|---|---|---|
| Name | CMS Energy Corporation Common Stock | Public Service Enterprise Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Multi-Utilities |
| GICS Sub-Industry | Multi-Utilities | Multi-Utilities |
| Market Capitalization | 21.70 billion USD | 36.20 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | January 2, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CMS | PEG |
|---|---|---|
| Total Return (1Y) | -1.93% | -6.86% |
| Total Return (3Y, Annualized) | 11.79% | 10.69% |
| Total Return (5Y, Annualized) | 6.25% | 7.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CMS | PEG |
|---|---|---|
| Volatility (1Y, Annualized) | 17.58% | 18.73% |
| Beta (5Y) | 0.31 | 0.47 |
| Max Drawdown (5Y) | -28.04% | -27.29% |
| Avg. Volume (3M) | 3.84M | 3.44M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CMS | PEG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.35 | -0.60 |
| Sortino Ratio (1Y) | -0.49 | -0.82 |
Profitability
ROE (TTM)
Public Service Enterprise (PEG) at 10.28% 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%
PEG
Utilities industry group
10.28%
- Max
- 17.99%
- Q3
- 12.01%
- PEG
- 10.28%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both CMS Energy (CMS) at 9.72% and Public Service Enterprise (PEG) at 14.32% 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%
PEG
Utilities industry group
14.32%
- Max
- 28.78%
- Q3
- 17.30%
- PEG
- 14.32%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both CMS Energy (CMS) at 28.45% and Public Service Enterprise (PEG) at 21.29% 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%
PEG
Utilities industry group
21.29%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- PEG
- 21.29%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | CMS | PEG |
|---|---|---|
| ROE (TTM) | 5.31% | 10.28% |
| ROA (TTM) | 3.07% | 2.93% |
| Net Margin (TTM) | 9.72% | 14.32% |
| Operating Margin (TTM) | 28.45% | 21.29% |
| Gross Margin (TTM) | 40.76% | 32.12% |
Growth
Revenue Growth
Both CMS Energy (CMS) at 13.63% and Public Service Enterprise (PEG) at 18.25% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
Both CMS Energy (CMS) at 4.19% and Public Service Enterprise (PEG) at 19.21% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CMS | PEG |
|---|---|---|
| Revenue Growth (YoY) | 13.63% | 18.25% |
| Revenue Growth (3Y CAGR) | -0.22% | 7.48% |
| EPS Growth (YoY) | 4.19% | 19.21% |
| EPS Growth (3Y CAGR) | 6.84% | 27.05% |
Financial Strength
Current Ratio (MRQ)
Both CMS Energy (CMS) at 0.95 and Public Service Enterprise (PEG) at 1.01 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
PEG
Utilities industry group
1.01
- Max
- 1.90
- Q3
- 1.17
- PEG
- 1.01
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Public Service Enterprise (PEG) at 1.48 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
PEG
Utilities industry group
1.48
- Max
- 2.63
- Q3
- 1.77
- PEG
- 1.48
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | CMS | PEG |
|---|---|---|
| Current Ratio (MRQ) | 0.95 | 1.01 |
| Debt / Equity (MRQ) | 1.96 | 1.48 |
| Net Debt / EBITDA | 6.33 | 5.86 |
Dividends
Dividend Yield (TTM)
Public Service Enterprise (PEG) at 3.61% delivers top-quartile income for its industry, while CMS Energy (CMS) at 3.21% pays a more typical yield — both are credible income propositions, PEG 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%
PEG
Utilities industry group
3.61%
- Max
- 6.66%
- PEG
- 3.61%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both CMS Energy (CMS) at 80.45% and Public Service Enterprise (PEG) at 74.58% 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%
PEG
Utilities industry group
74.58%
- Max
- 113.04%
- PEG
- 74.58%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | CMS | PEG |
|---|---|---|
| Dividend Yield (TTM) | 3.21% | 3.61% |
| Dividend Payout Ratio (TTM) | 80.45% | 74.58% |
Valuation
P/E Ratio (TTM)
Public Service Enterprise (PEG) at 20.51 is near its industry’s usual P/E ratio, while CMS Energy (CMS) at 24.71 sits in the richer quartile — CMS needs stronger growth or earnings quality to justify the premium.
CMS
Utilities industry group
24.71
- Max
- 31.22
- CMS
- 24.71
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
PEG
Utilities industry group
20.51
- Max
- 31.22
- Q3
- 23.30
- PEG
- 20.51
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both CMS Energy (CMS) at 2.42 and Public Service Enterprise (PEG) at 2.93 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
PEG
Utilities industry group
2.93
- Max
- 6.35
- Q3
- 3.63
- PEG
- 2.93
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Public Service Enterprise (PEG) at 2.08 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
PEG
Utilities industry group
2.08
- Max
- 3.12
- Q3
- 2.21
- PEG
- 2.08
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | CMS | PEG |
|---|---|---|
| P/E Ratio (TTM) | 24.71 | 20.51 |
| P/S Ratio (TTM) | 2.42 | 2.93 |
| P/B Ratio (MRQ) | 2.28 | 2.08 |
| Free Cash Flow Yield (TTM) | -9.54% | -0.90% |