CMS vs NEE
CMS Energy (CMS) and NextEra Energy (NEE) compared side by side. NextEra Energy (NEE) is larger, with a market cap of $172.2B versus $21.8B for CMS Energy, about 7.9 times the size. On trailing earnings, NEE is cheaper at 14.8x versus 20.9x for CMS.
Head to head
| Metric | CMS | NEE |
|---|---|---|
| Market cap | $21.8B | $172.2B |
| P/E (TTM) | 20.9x | 14.8x |
| Forward P/E | 16.8x | 18.8x |
| Revenue (TTM) | — | $28.8B |
| Revenue growth | — | 1.6% |
| Gross margin | — | 60.2% |
| Operating margin | — | 33.0% |
| Free cash flow | -$2.1B | $3.0B |
| Dividend yield | 3.28% | 3.03% |
| 1-year return | -3.8% | +1.5% |
| 5-year return (annual) | +5.9% | +2.2% |
| Max drawdown | -91% | -65% |
| FI Handbook grade | C+ | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
CMS vs NEE FAQ
Which is bigger, CMS or NEE?
NextEra Energy (NEE) is larger, with a market cap of $172.2B versus $21.8B for CMS Energy, about 7.9 times the size.
Is CMS or NEE cheaper?
On trailing earnings, NEE is cheaper at 14.8x versus 20.9x for CMS. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, CMS or NEE?
NEE returned +1.5% over the past year including dividends, versus -3.8% for CMS, through October 23, 2026.
Which pays a higher dividend, CMS or NEE?
CMS yields 3.28% versus 3.03% for NEE.
Full pages: CMS Energy · NextEra Energy