Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). CMS Energy's share price for the quarter that ended in Dec. 2023 was $58.07. CMS Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 294 Mil. Therefore, CMS Energy's market cap for the quarter that ended in Dec. 2023 was $17,096 Mil.
CMS Energy's quarterly market cap
declined
from Jun. 2023 ($17,137 Mil) to Sep. 2023 ($15,497 Mil) but then
increased
from Sep. 2023 ($15,497 Mil) to Dec. 2023 ($17,096 Mil).
CMS Energy's annual market cap
declined
from Dec. 2021 ($18,851 Mil) to Dec. 2022 ($18,448 Mil) and
declined
from Dec. 2022 ($18,448 Mil) to Dec. 2023 ($17,096 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. CMS Energy's Enterprise Value for Today is $33,639 Mil.
CMS Energy Market Cap Historical Data
The historical data trend for CMS Energy's Market Cap 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.
For the Utilities - Regulated Electric subindustry, CMS Energy's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where CMS Energy's Market Cap falls into.
CMS Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
CMS Energy's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:CMS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
CMS Energy Market Cap Related Terms
Thank you for viewing the detailed overview of CMS Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
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