CMS Energy Corporation CMS NYSE

CMS Energy Corporation (CMS) has shown moderate revenue growth over the past 3 years, expanding from $8.6B to $8.5B (average +0.4%/yr). Net income reached $1.1B, reflecting solid earnings growth at +8.6%/yr on average. The net profit margin is 12.5%, which is moderate. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 60.9% (high), with a +28.8pp trend over the period. With a $24B market cap and MOAT composite score of 80/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (55/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 41-year history, the company was profitable in 31 of 41 years — a solid long-term record with occasional losses
• INCOME (55/100, Partial) — the company is profitable but margin is below 15%
• MOAT (80/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 54/100 with 2/7 criteria passed.