
With a market cap of $20.6 billion, CMS Energy Corporation (CMS) is an energy company operating primarily in Michigan. Based in Jackson, Michigan, the company operates through three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy.
Companies worth $10 billion or more are generally labeled as “large-cap” stocks, and CMS Energy fits this description perfectly. The company focuses on clean energy transition, investing in renewable energy sources and grid modernization to support a more sustainable and resilient energy future.