CMS Energy (CMS) vs Public Service Enterprise Group (PEG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Public Service Enterprise Group (PEG) has outperformed CMS Energy (CMS) over the past year, losing 10.9% versus a loss of 11.8%. Over five years, PEG leads with a +15.5% price change compared with +7.9% for CMS. Public Service Enterprise Group is the larger company by market cap ($35.76 billion vs $20.40 billion), about 1.8 times the size.
On valuation, Public Service Enterprise Group trades at a lower forward P/E (15.4x vs 15.7x for CMS Energy). Public Service Enterprise Group offers the higher dividend yield (3.62% vs 3.42%). Public Service Enterprise Group converts more of its revenue into profit, with a net margin of 17.3% versus 12.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CMS | PEG |
|---|---|---|
| Share price | $65.07 | $71.74 |
| Market cap | $20.40B | $35.76B |
| 1-day change | 0.00% | +0.01% |
| YTD return | -6.95% | -10.66% |
| 1-year return | -11.78% | -10.90% |
| 5-year return | +7.91% | +15.50% |
| P/E ratio (TTM) | 19.54 | 17.85 |
| Forward P/E | 15.66 | 15.35 |
| EPS (TTM) | $3.33 | $4.02 |
| Dividend yield | 3.42% | 3.62% |
| Annual dividend | $2.23 | $2.60 |
| Revenue (latest FY) | $8.54B | $12.17B |
| Revenue growth (YoY) | +13.63% | +18.25% |
| Net income (latest FY) | $1.07B | $2.11B |
| Gross margin | — | 65.82% |
| Operating margin | 20.22% | 24.49% |
| Net margin | 12.54% | 17.35% |
| 52-week high | $80.36 | $87.63 |
| 52-week low | $62.29 | $66.15 |
| Distance from 52-week high | -19.03% | -18.13% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +19.23% | +17.74% |
| Average volume | 3.70M | 3.19M |
| Shares outstanding | 313.58M | 498.42M |
| Employees | 8,350 | 13,189 |
| Sector | Utilities | Utilities |
| Industry | Power Generation | Power Generation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About CMS Energy
CMS stock →CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy.
Utilities · Power Generation · 8,350 employees
About Public Service Enterprise Group
PEG stock →Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments.
Utilities · Power Generation · 13,189 employees
CMS vs PEG FAQ
Which is bigger, CMS Energy or Public Service Enterprise Group?
Public Service Enterprise Group (PEG) is larger, with a market capitalization of $35.76B compared with $20.40B for CMS Energy (CMS).
Which stock has performed better over the past year, CMS or PEG?
PEG returned -10.90% over the past 12 months, compared with -11.78% for CMS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CMS or PEG?
PEG has the lower trailing P/E at 17.8, versus 19.5 for CMS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CMS Energy or Public Service Enterprise Group?
Public Service Enterprise Group has the higher yield at 3.62%, compared with 3.42% for CMS Energy.
Are CMS Energy and Public Service Enterprise Group in the same industry?
Yes. Both are classified in the Power Generation industry within the Utilities sector.