CMSA NYSE
CMS Energy Corporation 5.6% JRSUB NT 78
1W: +1.1%
1M: -0.8%
3M: -8.6%
YTD: -12.7%
1Y: -17.2%
3Y: +1.3%
5Y: -10.6%
$18.73
-0.00 (-0.00%)
After Hours: $18.42 (-0.31, -1.66%)
Weekly Expected Move ±2.0%
$18
$18
$19
$19
$20
Credit Risk of going bust: lower than 80% of companies Debt: 46.9% of company value Bonds: none of note held by US funds details ▾
Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.63 (down 97%), CMS Energy Corporation 5.6% JRSUB NT 78 would be worth roughly what it owes.
Total debt $19.30B against a stock market value of $21.82B.
Distance to default 9.63 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $9.96B (short-term plus half of long-term), stock volatility 17.6%; Altman Z'' 0.81. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
If the stock fell to about $0.63 (down 97%), CMS Energy Corporation 5.6% JRSUB NT 78 would be worth roughly what it owes.
Total debt $19.30B against a stock market value of $21.82B.
Distance to default 9.63 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $9.96B (short-term plus half of long-term), stock volatility 17.6%; Altman Z'' 0.81. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
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📊 Key Metrics
TTM$9B
Revenue
+9.9% YoY
$1B
Net Income
+0.3% YoY
$-1,910M
Free Cash Flow
-38.9% YoY
63.1%
Gross Margin
14.4%
Op. Margin
6.6%
Net Margin
💰 Income Flow
How revenue becomes profit💵 Cash Flow
Where cash goes🏦 Balance Sheet
Assets = Liabilities + Equity📈 Financial Health
Profitability
ROE11.3%
ROA2.6%
ROIC4.6%
Valuation
P/E24.2
P/B1.5
EV/EBITDA8.1
Leverage
Debt/Equity1.97
Current Ratio0.92
Interest Cov.2.4x
Quality Scores
Piotroski F6/9
Altman Z0.57
Beneish M-2.73