CMS Energy Corporation operates primarily in Michigan as an energy company with three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment generates electricity through various sources and distributes it via a network of lines and substations. The Gas Utility segment purchases, transmits, stores, and distributes natural gas through transmission lines, storage fields, and distribution mains. The Enterprises segment focuses on independent power production and marketing, including renewable generation.
| Indicator | Value |
|---|---|
| PER | 238.5 |
| EV/EBITDA | 72.4 |
| Price/Free Cash Flow' | 55.6 |
| ROIC | 14.1% |
| Net Debt/EBITDA | 100.0 |