Seek Returns

CMS vs. SRE: CMS Energy vs. Sempra Stock Comparison

How do CMS Energy (CMS) and Sempra (SRE) 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 Sempra (SRE) are both classified in the Multi-Utilities sub-industry within the broader Multi-Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for CMS Energy (CMS) and Sempra (SRE)
Profile ItemCMSSRE
NameCMS Energy Corporation Common StockSempra
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryMulti-UtilitiesMulti-Utilities
GICS Sub-IndustryMulti-UtilitiesMulti-Utilities
Market Capitalization21.70 billion USD51.13 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973June 29, 1998
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CMS
SRE
GSPC
Loading price history…
CMS Energy (CMS) vs. Sempra (SRE), 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 Sempra (SRE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for CMS Energy (CMS) and Sempra (SRE)
MetricCMSSRE
Total Return (1Y)-1.93%-13.10%
Total Return (3Y, Annualized)11.79%7.68%
Total Return (5Y, Annualized)6.25%8.14%

Risk Profile

Drawdown History

CMS
SRE
GSPC
Loading price history…
CMS Energy (CMS) vs. Sempra (SRE), 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 Sempra (SRE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CMS Energy (CMS) and Sempra (SRE)
MetricCMSSRE
Volatility (1Y, Annualized)17.58%21.00%
Beta (5Y)0.310.57
Max Drawdown (5Y)-28.04%-31.62%
Avg. Volume (3M)3.84M3.90M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CMS and SRE 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 Sempra (SRE)
MetricCMSSRE
Sharpe Ratio (1Y)-0.35-0.83
Sortino Ratio (1Y)-0.49-1.07

Profitability

ROE (TTM)

Sempra (SRE) at 8.73% 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%

SRE

Utilities industry group

8.73%

Max
17.99%
Q3
12.01%
Median
9.44%
SRE
8.73%
Q1
7.56%
Min
2.17%
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Sempra (SRE) at 22.53% 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%

SRE

Utilities industry group

22.53%

Max
28.78%
SRE
22.53%
Q3
17.30%
Median
12.73%
Q1
9.18%
Min
-0.20%
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both CMS Energy (CMS) at 28.45% and Sempra (SRE) at 21.06% 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%

SRE

Utilities industry group

21.06%

Max
53.83%
Q3
31.12%
Median
23.62%
SRE
21.06%
Q1
15.45%
Min
-4.90%
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for CMS Energy (CMS) and Sempra (SRE)
MetricCMSSRE
ROE (TTM)5.31%8.73%
ROA (TTM)3.07%1.99%
Net Margin (TTM)9.72%22.53%
Operating Margin (TTM)28.45%21.06%
Gross Margin (TTM)40.76%44.81%

Growth

Revenue Growth

CMS Energy (CMS) at 13.63% sits in the top revenue growth quartile, while Sempra (SRE) at 3.92% is closer to the peer norm — faster top-line expansion for CMS.

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

EPS Growth

CMS Energy (CMS) at 4.19% is around its peer norm for EPS growth, while Sempra (SRE) at -37.78% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for CMS Energy (CMS) and Sempra (SRE)
MetricCMSSRE
Revenue Growth (YoY)13.63%3.92%
Revenue Growth (3Y CAGR)-0.22%-1.73%
EPS Growth (YoY)4.19%-37.78%
EPS Growth (3Y CAGR)6.84%-5.99%

Financial Strength

Current Ratio (MRQ)

CMS Energy (CMS) at 0.95 keeps current ratio within its industry’s typical mid-range, while Sempra (SRE) at 1.61 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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

SRE

Utilities industry group

1.61

Max
1.90
SRE
1.61
Q3
1.17
Median
0.88
Q1
0.66
Min
0.29
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Sempra (SRE) at 0.85 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

SRE

Utilities industry group

0.85

Max
2.63
Q3
1.77
Median
1.35
SRE
0.85
Q1
0.84
Min
0.00
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): 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 Sempra (SRE)
MetricCMSSRE
Current Ratio (MRQ)0.951.61
Debt / Equity (MRQ)1.960.85
Net Debt / EBITDA6.336.18

Dividends

Dividend Yield (TTM)

Both CMS Energy (CMS) at 3.21% and Sempra (SRE) at 3.27% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CMS

Utilities industry group

3.21%

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

SRE

Utilities industry group

3.27%

Max
6.66%
Q3
3.58%
SRE
3.27%
Median
2.85%
Q1
0.66%
Min
0.00%
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Sempra (SRE) at 56.05% 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%

SRE

Utilities industry group

56.05%

Max
113.04%
Q3
68.72%
Median
56.38%
SRE
56.05%
Q1
32.38%
Min
0.00%
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for CMS Energy (CMS) and Sempra (SRE)
MetricCMSSRE
Dividend Yield (TTM)3.21%3.27%
Dividend Payout Ratio (TTM)80.45%56.05%

Valuation

P/E Ratio (TTM)

Sempra (SRE) at 16.74 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

SRE

Utilities industry group

16.74

Max
31.22
Q3
23.30
Median
19.64
SRE
16.74
Q1
15.17
Min
3.34
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

CMS Energy (CMS) at 2.42 is priced about in line with its industry on P/S ratio, while Sempra (SRE) at 3.76 sits in the pricier quartile — SRE costs more per dollar of sales.

CMS

Utilities industry group

2.42

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

SRE

Utilities industry group

3.76

Max
6.35
SRE
3.76
Q3
3.63
Median
2.63
Q1
1.52
Min
0.00
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Sempra (SRE) at 1.53 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

SRE

Utilities industry group

1.53

Max
3.12
Q3
2.21
Median
1.83
SRE
1.53
Q1
1.46
Min
0.34
Loading chart…
CMS Energy (CMS) vs. Sempra (SRE): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for CMS Energy (CMS) and Sempra (SRE)
MetricCMSSRE
P/E Ratio (TTM)24.7116.74
P/S Ratio (TTM)2.423.76
P/B Ratio (MRQ)2.281.53
Free Cash Flow Yield (TTM)-9.54%-22.35%