Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. CMS Energy's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $816 Mil. CMS Energy's average total debt for the quarter that ended in Mar. 2026 was $18,988 Mil. Therefore, CMS Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.30%.
CMS Energy (NYSE:CMS) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
CMS Energy Effective Interest Rate on Debt % Related Terms
CMS Energy Effective Interest Rate on Debt % Historical Data
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The historical data trend for CMS Energy's Effective Interest Rate on Debt % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CMS Energy Effective Interest Rate on Debt % Chart
CMS vs ES, PPL, FE: Effective Interest Rate on Debt % Comparison
For the Utilities - Regulated Electric subindustry, CMS Energy's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CMS Energy Effective Interest Rate on Debt % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where CMS Energy's Effective Interest Rate on Debt % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
What does a Effective Interest Rate on Debt % of 4.30% mean?
CMS Energy (CMS) has a Effective Interest Rate on Debt % of 4.30% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CMS Energy and its competitors.
Is CMS Energy's Effective Interest Rate on Debt % too high?
CMS Energy's current Effective Interest Rate on Debt % is 4.30%. Overall, CMS Energy has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Effective Interest Rate on Debt % compare to ES and PPL?
CMS Energy's Effective Interest Rate on Debt % of 4.30% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Utilities - Regulated company?
A good Effective Interest Rate on Debt % depends on the Utilities - Regulated industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CMS Energy and its competitors. CMS Energy's current Effective Interest Rate on Debt % is 4.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $76.07, compared to a current price of $77.73 — trading 2.2% above its estimated fair value. The current Effective Interest Rate on Debt % is 4.30%. CMS Energy's overall GF Score™ is 67/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For CMS Energy (CMS), the current Effective Interest Rate on Debt % is 4.30% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CMS Energy (CMS) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be overvalued.
The current stock price of $77.73 is trading 2.2% above its estimated GF Value™ of $76.07.
GuruFocus considers CMS Energy to be Fairly Valued.
Key valuation signals for CMS:
Effective Interest Rate on Debt %: 4.30%
GF Value™: $76.07 vs. price of $77.73 (2.2% above fair value)
No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
67GF Score
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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