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Compare · CMS vs PCG

CMS vs PCG

Side-by-side comparison of CMS Energy Corporation (CMS) and Pacific Gas & Electric Co. (PCG): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CMS and PCG operate in Power Generation (Utilities), so they compete in similar markets.
  • PCG is the larger of the two at $45.85B, about 2.1x CMS ($22.25B).
  • Over the past year, CMS is up 3.4% and PCG is up 17.4% - PCG leads by 14.0 points.
  • PCG has been more active in the news (19 items in the past 4 weeks vs 6 for CMS).
  • Both have 25 recent analyst ratings on file.
PerformanceCMS+3.45%PCG+17.45%
2025-06-09+0.00%2026-06-05
MetricCMSPCG
Company
CMS Energy Corporation
Pacific Gas & Electric Co.
Price
$72.04+2.37%
$17.10+1.60%
Market cap
$22.25B
$45.85B
1M return
-2.70%
+5.75%
1Y return
+3.45%
+17.45%
Industry
Power Generation
Power Generation
Exchange
NYSE
NYSE
IPO
News (4w)
6
19
Recent ratings
25
25
CMS

CMS Energy Corporation

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through four segments: Electric Utility, Gas Utility, Enterprises, and EnerBank. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 205 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 77,833 miles of electric distribution overhead lines; 9,264 miles of underground distribution lines; 1,096 substations; and 2 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,410 miles of transmission lines; 15 gas storage fields; 27,958 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It owns interests in independent power plants totalling 1,838 megawatts. The EnterBank segment operates an industrial bank providing unsecured installment loans for financing home improvements. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

PCG

Pacific Gas & Electric Co.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. As of December 31, 2020, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines, 35 electric transmission substations, approximately 108,000 circuit miles of distribution lines, 68 transmission switching substations, and 758 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 43,500 miles of distribution pipelines, approximately 6,300 miles of backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was founded in 1905 and is headquartered in San Francisco, California.

Latest CMS

Latest PCG