DTE vs CMS Stock Comparison: AI Score, Valuation, Performance and Upside
DTE Energy and CMS Energy are both major Michigan-based regulated utilities, but DTE Energy maintains some non-utility business diversification through energy trading and industrial services, while CMS Energy has emphasized an almost entirely regulated utility earnings structure with a long track record of meeting earnings guidance.
DTE offers some earnings diversification through non-utility businesses alongside its regulated utility, while CMS offers a more purely regulated, predictable earnings model. The decision depends on whether you prefer diversification or the predictability of a nearly fully regulated utility structure.
DTE holds the edge across 3 of 5 key metrics in this comparison. DTE leads on both 1-year return (+0.44%) and forward P/E quality (16.27x vs 16.41x for CMS), a relatively favorable combination of momentum and valuation. CMS leads on both revenue growth (-0.50%) and operating margin (17.17%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies similar upside for both: +15.27% for DTE and +16.67% for CMS.
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- Want exposure to a Michigan utility with some non-utility business diversification
- Value energy trading and industrial services as a complementary earnings stream
- Believe grid modernization investment supports long-term rate base growth
- Are comfortable with somewhat more earnings variability than a purely regulated utility
- Prefer a nearly fully regulated utility earnings structure for greater predictability
- Value a long track record of consistently meeting or exceeding earnings guidance
- Want concentrated management focus on a single Michigan service territory
- Prioritize earnings consistency over business line diversification
| Metric | DTE | CMS |
|---|---|---|
| AI scorei | 41.5 | 41.2 |
| AI ranki | #1001 | #1043 |
| Latest closei | $136.08 | $68.46 |
| 1M returni | -2.56% | -4.37% |
| 6M returni | -8.45% | -11.32% |
| 1Y returni | +0.44% | -4.28% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | DTE | CMS |
|---|---|---|
| 1Y ago | $9.98K (-0.2%) started 2025-09-04 | $9.57K (-4.3%) started 2025-09-04 |
| 5Y ago | $14.7K (+47.0%) started 2021-09-07 | $13.71K (+37.1%) started 2021-09-07 |
| 10Y ago | $31.67K (+216.7%) started 2016-09-06 | $27.83K (+178.3%) started 2016-09-06 |
Hypothetical — past performance does not guarantee future results.
| Metric | DTE | CMS |
|---|---|---|
| Market capi | $28.32B | $21.39B |
| Trailing P/Ei | 21.57 | 20.55 |
| Forward P/Ei | 16.27 | 16.41 |
| Price/Salesi | N/A | N/A |
| EV/Revenuei | 3.41 | 4.69 |
| Analyst targeti | $156.86 | $79.58 |
| Target upsidei | +15.27% | +16.67% |
| Metric | DTE | CMS |
|---|---|---|
| Revenue growthi | -1.50% | -0.50% |
| Earnings growthi | 22.40% | -43.90% |
| EPS growthi | +22.40% | -43.90% |
| FCF margini | -15.77% | -24.95% |
| Operating margini | 13.62% | 17.17% |
| Profit margini | 8.00% | 11.64% |
| ROIC proxyi | 11.03% | 9.16% |
| Return on equityi | 11.03% | 9.16% |
| Dividend yieldi | 3.42% | 3.34% |
| Betai | 0.39 | 0.34 |
| Debt/equityi | 229.06 | 185.60 |
| Current ratioi | 0.80 | 0.94 |
| Quick ratioi | 0.40 | 0.41 |
Over the past year, DTE and CMS have moved strongly in the same direction (correlation of 0.86), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | DTE | CMS |
|---|---|---|---|
| 1Y | Growthi | -0.24% | -4.31% |
| CAGRi | -0.24% | -4.31% | |
| Volatilityi | 17.00% | 17.08% | |
| Sharpe ratioi | -0.19 | -0.44 | |
| Sortino ratioi | -0.27 | -0.58 | |
| Max drawdowni | 12.44% | 14.99% | |
| Current drawdowni | 11.88% | 14.36% | |
| Avg drawdowni | 4.52% | 4.97% | |
| Ulcer Indexi | 5.74% | 6.40% | |
| Max daily dropi | 3.79% | 3.91% | |
| Max wkly dropi | 6.39% | 5.77% | |
| 5Y | Growthi | +28.98% | +21.17% |
| CAGRi | +5.23% | +3.92% | |
| Volatilityi | 18.99% | 19.07% | |
| Sharpe ratioi | 0.13 | 0.06 | |
| Sortino ratioi | 0.18 | 0.08 | |
| Max drawdowni | 28.92% | 28.04% | |
| Current drawdowni | 11.88% | 14.36% | |
| Avg drawdowni | 9.16% | 8.81% | |
| Ulcer Indexi | 11.75% | 10.98% | |
| Max daily dropi | 5.51% | 4.78% | |
| Max wkly dropi | 11.28% | 12.95% | |
| 10Y | Growthi | +126.86% | +107.37% |
| CAGRi | +8.54% | +7.57% | |
| Volatilityi | 22.35% | 20.76% | |
| Sharpe ratioi | 0.28 | 0.24 | |
| Sortino ratioi | 0.38 | 0.33 | |
| Max drawdowni | 42.45% | 29.55% | |
| Current drawdowni | 11.88% | 14.36% | |
| Avg drawdowni | 7.42% | 7.34% | |
| Ulcer Indexi | 10.31% | 9.55% | |
| Max daily dropi | 13.91% | 12.29% | |
| Max wkly dropi | 25.21% | 20.66% |
| Category | DTE | CMS |
|---|---|---|
| Company | DTE Energy Company | CMS Energy Corporation |
| Sector | Utilities | Utilities |
| Industry | Utilities - Regulated Electric | Utilities - Regulated Electric |
| Core business | A diversified energy holding company operating regulated electric and natural gas utilities in Michigan, alongside non-utility businesses including energy trading and industrial energy services. | A regulated electric and natural gas utility holding company serving customers across Michigan, with a stated long-term goal of operating with an almost entirely regulated utility earnings structure. |
| Investor focus | Regulated Michigan utility rate base growth and clean energy investment plans, non-utility segment earnings contribution, and regulatory relationship quality with Michigan regulators. | Regulated rate base growth and clean energy transition investment in Michigan, EPS growth guidance consistency, and regulatory relationship quality with Michigan regulators. |
- Established regulated electric and natural gas utility operations in Michigan provide a stable core earnings base
- Non-utility businesses, including energy trading and industrial services, provide some earnings diversification beyond the regulated utility
- Ongoing investment in grid modernization and clean energy generation supports visible long-term rate base growth
- Emphasis on an almost entirely regulated utility earnings structure provides more predictable and lower-risk earnings than diversified holding companies
- Long track record of meeting or exceeding earnings guidance has built consistent investor confidence over many years
- Focused Michigan service territory allows for concentrated management attention on regulatory relationships and infrastructure investment
- Regulatory relationships with Michigan regulators require consistent management to support timely and adequate rate case outcomes
- Non-utility business segments introduce earnings variability that is less predictable than fully regulated operations
- Grid reliability challenges, particularly during severe weather events, require sustained infrastructure investment
- Concentrated Michigan service territory provides less geographic diversification than utilities operating across multiple states
- Continued reliance on constructive regulatory relationships to support planned clean energy transition investment
- Severe weather events in the Midwest can create periodic reliability and cost challenges for grid infrastructure
Want deeper AI forecasts?
This comparison page is public and free forever. Subscribers can unlock saved watchlists, full AI rankings, detailed forecasts, and interactive analysis tools.