Regulated Electric
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5 / 10Stock Comparison
CMSA vs EVRG vs WEC vs XEL vs DTE
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Electric
Regulated Electric
Regulated Electric
Regulated Electric
CMSA vs EVRG vs WEC vs XEL vs DTE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Electric | Regulated Electric | Regulated Electric | Regulated Electric | Regulated Electric |
| Market Cap | $6.66B | $18.83B | $36.37B | $49.53B | $29.25B |
| Revenue (TTM) | $8.54B | $5.99B | $10.08B | $14.78B | $16.33B |
| Net Income (TTM) | $1.07B | $882M | $1.64B | $2.09B | $1.26B |
| Gross Margin | 60.9% | 41.5% | 55.7% | 18.9% | 39.4% |
| Operating Margin | 20.2% | 25.4% | 24.0% | 19.8% | 12.5% |
| Forward P/E | 5.7x | 19.3x | 19.9x | 19.3x | 18.2x |
| Total Debt | $18.94B | $15.44B | $22.31B | $34.78B | $26.52B |
| Cash & Equiv. | $615M | $25M | $28M | $274M | $250M |
CMSA vs EVRG vs WEC vs XEL vs DTE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| CMS Energy Corporat… (CMSA) | 100 | 83.9 | -16.1% |
| Evergy, Inc. (EVRG) | 100 | 132.6 | +32.6% |
| WEC Energy Group, I… (WEC) | 100 | 121.7 | +21.7% |
| Xcel Energy Inc. (XEL) | 100 | 122.0 | +22.0% |
| DTE Energy Company (DTE) | 100 | 153.6 | +53.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CMSA vs EVRG vs WEC vs XEL vs DTE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CMSA has the current edge in this matchup, primarily because of its strength in valuation efficiency.
- PEG 0.96 vs XEL's 4.64
- Lower P/E (5.7x vs 18.2x)
- 10.0% yield, 19-year raise streak, vs WEC's 3.1%
EVRG is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 6 yrs, beta 0.05, yield 3.2%
- Lower volatility, beta 0.05, current ratio 0.49x
- Beta 0.05, yield 3.2%, current ratio 0.49x
- Beta 0.05 vs CMSA's 0.74, lower leverage
WEC ranks third and is worth considering specifically for growth exposure.
- Rev growth 14.0%, EPS growth 0.0%, 3Y rev CAGR 0.7%
- 16.2% margin vs DTE's 7.7%
- 3.3% ROA vs EVRG's 2.6%, ROIC 5.1% vs 4.5%
XEL is the clearest fit if your priority is long-term compounding.
- 137.1% 10Y total return vs WEC's 131.2%
DTE is the clearest fit if your priority is growth.
- 26.9% revenue growth vs EVRG's 1.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 26.9% revenue growth vs EVRG's 1.7% | |
| Value | Lower P/E (5.7x vs 18.2x) | |
| Quality / Margins | 16.2% margin vs DTE's 7.7% | |
| Stability / Safety | Beta 0.05 vs CMSA's 0.74, lower leverage | |
| Dividends | 10.0% yield, 19-year raise streak, vs WEC's 3.1% | |
| Momentum (1Y) | +27.0% vs WEC's +6.8% | |
| Efficiency (ROA) | 3.3% ROA vs EVRG's 2.6%, ROIC 5.1% vs 4.5% |
CMSA vs EVRG vs WEC vs XEL vs DTE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CMSA vs EVRG vs WEC vs XEL vs DTE — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CMSA leads in 1 of 6 categories
WEC leads 1 • EVRG leads 1 • XEL leads 0 • DTE leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — EVRG and DTE each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DTE is the larger business by revenue, generating $16.3B annually — 2.7x EVRG's $6.0B. WEC is the more profitable business, keeping 16.2% of every revenue dollar as net income compared to DTE's 7.7%. On growth, DTE holds the edge at +15.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $8.5B | $6.0B | $10.1B | $14.8B | $16.3B |
| EBITDAEarnings before interest/tax | $2.9B | $2.7B | $3.9B | $5.9B | $4.0B |
| Net IncomeAfter-tax profit | $1.1B | $882M | $1.6B | $2.1B | $1.3B |
| Free Cash FlowCash after capex | -$1.6B | -$1.1B | -$1.1B | -$343M | -$243M |
| Gross MarginGross profit ÷ Revenue | +60.9% | +41.5% | +55.7% | +18.9% | +39.4% |
| Operating MarginEBIT ÷ Revenue | +20.2% | +25.4% | +24.0% | +19.8% | +12.5% |
| Net MarginNet income ÷ Revenue | +12.5% | +14.7% | +16.2% | +14.1% | +7.7% |
| FCF MarginFCF ÷ Revenue | -18.6% | -18.3% | -11.0% | -2.3% | -1.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.3% | +5.5% | +9.0% | +2.9% | +15.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +6.8% | +18.5% | +7.9% | +6.0% | -44.4% |
Valuation Metrics
CMSA leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 6.3x trailing earnings, CMSA trades at a 73% valuation discount to XEL's 23.2x P/E. Adjusting for growth (PEG ratio), CMSA offers better value at 1.05x vs XEL's 5.58x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $6.7B | $18.8B | $36.4B | $49.5B | $29.2B |
| Enterprise ValueMkt cap + debt − cash | $25.0B | $34.2B | $58.7B | $84.0B | $55.5B |
| Trailing P/EPrice ÷ TTM EPS | 6.28x | 22.34x | 23.12x | 23.20x | 19.91x |
| Forward P/EPrice ÷ next-FY EPS est. | 5.72x | 19.29x | 19.95x | 19.29x | 18.22x |
| PEG RatioP/E ÷ EPS growth rate | 1.05x | 3.65x | 4.65x | 5.58x | — |
| EV / EBITDAEnterprise value multiple | 8.68x | 12.64x | 15.22x | 14.41x | 12.97x |
| Price / SalesMarket cap ÷ Revenue | 0.78x | 3.18x | 3.71x | 3.38x | 1.85x |
| Price / BookPrice ÷ Book value/share | 0.69x | 1.86x | 2.61x | 1.98x | 2.36x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — | — |
Profitability & Efficiency
WEC leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
WEC delivers a 11.6% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $9 for EVRG. XEL carries lower financial leverage with a 1.47x debt-to-equity ratio, signaling a more conservative balance sheet compared to DTE's 2.16x. On the Piotroski fundamental quality scale (0–9), DTE scores 7/9 vs EVRG's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +11.6% | +8.6% | +11.6% | +9.3% | +10.4% |
| ROA (TTM)Return on assets | +2.8% | +2.6% | +3.3% | +2.6% | +3.2% |
| ROICReturn on invested capital | +4.9% | +4.5% | +5.1% | +4.0% | +4.8% |
| ROCEReturn on capital employed | +5.0% | +4.9% | +5.4% | +4.2% | +5.1% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 4 | 5 | 5 | 7 |
| Debt / EquityFinancial leverage | 1.95x | 1.50x | 1.59x | 1.47x | 2.16x |
| Net DebtTotal debt minus cash | $18.3B | $15.4B | $22.3B | $34.5B | $26.3B |
| Cash & Equiv.Liquid assets | $615M | $25M | $28M | $274M | $250M |
| Total DebtShort + long-term debt | $18.9B | $15.4B | $22.3B | $34.8B | $26.5B |
| Interest CoverageEBIT ÷ Interest expense | 2.58x | 2.46x | 2.87x | 2.32x | 1.94x |
Total Returns (Dividends Reinvested)
EVRG leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EVRG five years ago would be worth $14,713 today (with dividends reinvested), compared to $10,725 for CMSA. Over the past 12 months, EVRG leads with a +27.0% total return vs WEC's +6.8%. The 3-year compound annual growth rate (CAGR) favors EVRG at 13.0% vs CMSA's 2.1% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +1.4% | +12.9% | +5.8% | +7.1% | +8.7% |
| 1-Year ReturnPast 12 months | +10.7% | +27.0% | +6.8% | +16.4% | +6.9% |
| 3-Year ReturnCumulative with dividends | +6.3% | +44.5% | +28.2% | +24.0% | +35.6% |
| 5-Year ReturnCumulative with dividends | +7.3% | +47.1% | +28.5% | +23.7% | +30.8% |
| 10-Year ReturnCumulative with dividends | +33.6% | +98.9% | +131.2% | +137.1% | +129.1% |
| CAGR (3Y)Annualised 3-year return | +2.1% | +13.0% | +8.6% | +7.4% | +10.7% |
Risk & Volatility
Evenly matched — EVRG and WEC each lead in 1 of 2 comparable metrics.
Risk & Volatility
WEC is the less volatile stock with a -0.03 beta — it tends to amplify market swings less than CMSA's 0.74 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EVRG currently trades 95.9% from its 52-week high vs CMSA's 89.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.74x | 0.05x | -0.03x | 0.07x | 0.07x |
| 52-Week HighHighest price in past year | $24.67 | $85.27 | $119.62 | $84.23 | $154.63 |
| 52-Week LowLowest price in past year | $6.11 | $63.29 | $100.61 | $65.21 | $126.23 |
| % of 52W HighCurrent price vs 52-week peak | +89.8% | +95.9% | +93.3% | +94.2% | +90.9% |
| RSI (14)Momentum oscillator 0–100 | 69.1 | 54.6 | 41.2 | 50.2 | 39.6 |
| Avg Volume (50D)Average daily shares traded | 14K | 1.8M | 1.8M | 4.3M | 1.2M |
Analyst Outlook
Evenly matched — CMSA and WEC each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: EVRG as "Hold", WEC as "Hold", XEL as "Buy", DTE as "Hold". Consensus price targets imply 15.2% upside for XEL (target: $91) vs 9.4% for EVRG (target: $89). For income investors, CMSA offers the higher dividend yield at 9.95% vs XEL's 2.74%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold | Hold | Buy | Hold |
| Price TargetConsensus 12-month target | — | $89.43 | $123.11 | $91.45 | $159.63 |
| # AnalystsCovering analysts | — | 18 | 34 | 26 | 45 |
| Dividend YieldAnnual dividend ÷ price | +10.0% | +3.2% | +3.1% | +2.7% | +3.0% |
| Dividend StreakConsecutive years of raises | 19 | 6 | 23 | 17 | 3 |
| Dividend / ShareAnnual DPS | $2.21 | $2.62 | $3.50 | $2.18 | $4.21 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.0% | 0.0% | 0.0% |
CMSA leads in 1 of 6 categories (Valuation Metrics). WEC leads in 1 (Profitability & Efficiency). 3 tied.
CMSA vs EVRG vs WEC vs XEL vs DTE: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CMSA or EVRG or WEC or XEL or DTE a better buy right now?
For growth investors, DTE Energy Company (DTE) is the stronger pick with 26.
9% revenue growth year-over-year, versus 1. 7% for Evergy, Inc. (EVRG). CMS Energy Corporation 5. 6% JRSUB NT 78 (CMSA) offers the better valuation at 6. 3x trailing P/E (5. 7x forward), making it the more compelling value choice. Analysts rate Xcel Energy Inc. (XEL) a "Buy" — based on 26 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CMSA or EVRG or WEC or XEL or DTE?
On trailing P/E, CMS Energy Corporation 5.
6% JRSUB NT 78 (CMSA) is the cheapest at 6. 3x versus Xcel Energy Inc. at 23. 2x. On forward P/E, CMS Energy Corporation 5. 6% JRSUB NT 78 is actually cheaper at 5. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: CMS Energy Corporation 5. 6% JRSUB NT 78 wins at 0. 96x versus Xcel Energy Inc. 's 4. 64x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — CMSA or EVRG or WEC or XEL or DTE?
Over the past 5 years, Evergy, Inc.
(EVRG) delivered a total return of +47. 1%, compared to +7. 3% for CMS Energy Corporation 5. 6% JRSUB NT 78 (CMSA). Over 10 years, the gap is even starker: XEL returned +137. 1% versus CMSA's +33. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CMSA or EVRG or WEC or XEL or DTE?
By beta (market sensitivity over 5 years), WEC Energy Group, Inc.
(WEC) is the lower-risk stock at -0. 03β versus CMS Energy Corporation 5. 6% JRSUB NT 78's 0. 74β — meaning CMSA is approximately -2807% more volatile than WEC relative to the S&P 500. On balance sheet safety, Xcel Energy Inc. (XEL) carries a lower debt/equity ratio of 147% versus 2% for DTE Energy Company — giving it more financial flexibility in a downturn.
05Which is growing faster — CMSA or EVRG or WEC or XEL or DTE?
By revenue growth (latest reported year), DTE Energy Company (DTE) is pulling ahead at 26.
9% versus 1. 7% for Evergy, Inc. (EVRG). On earnings-per-share growth, the picture is similar: CMS Energy Corporation 5. 6% JRSUB NT 78 grew EPS 6. 0% year-over-year, compared to -3. 4% for Evergy, Inc.. Over a 3-year CAGR, WEC leads at 0. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CMSA or EVRG or WEC or XEL or DTE?
WEC Energy Group, Inc.
(WEC) is the more profitable company, earning 15. 9% net margin versus 9. 2% for DTE Energy Company — meaning it keeps 15. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EVRG leads at 25. 2% versus 15. 0% for DTE. At the gross margin level — before operating expenses — DTE leads at 84. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CMSA or EVRG or WEC or XEL or DTE more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, CMS Energy Corporation 5. 6% JRSUB NT 78 (CMSA) is the more undervalued stock at a PEG of 0. 96x versus Xcel Energy Inc. 's 4. 64x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, CMS Energy Corporation 5. 6% JRSUB NT 78 (CMSA) trades at 5. 7x forward P/E versus 19. 9x for WEC Energy Group, Inc. — 14. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for XEL: 15. 2% to $91. 45.
08Which pays a better dividend — CMSA or EVRG or WEC or XEL or DTE?
All stocks in this comparison pay dividends.
CMS Energy Corporation 5. 6% JRSUB NT 78 (CMSA) offers the highest yield at 10. 0%, versus 2. 7% for Xcel Energy Inc. (XEL).
09Is CMSA or EVRG or WEC or XEL or DTE better for a retirement portfolio?
For long-horizon retirement investors, WEC Energy Group, Inc.
(WEC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 03), 3. 1% yield, +131. 2% 10Y return). Both have compounded well over 10 years (WEC: +131. 2%, CMSA: +33. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CMSA and EVRG and WEC and XEL and DTE?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CMSA is a small-cap deep-value stock; EVRG is a mid-cap income-oriented stock; WEC is a mid-cap income-oriented stock; XEL is a mid-cap quality compounder stock; DTE is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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