CMS

Stock

CMS Energy Corporation

Mild dip

Nothing to see here.

CMS Energy Corporation is 6.2% off its high — a mild dip, shallower than its 4.3% average pullback. Whatever the news says today, this isn't historically significant.

Price $75.00 · as of Jul 9, 2026All-time high $79.94Drawdown -6.2%Severity Score™ 1.3
🟢

Slightly Elevated

Current Drawdown

-6.2%

Days in Drawdown

91

Avg Max Drawdown

4.3%

Avg Length

81

Drawdown Severity Score™

1.3

CMS - Price & High Water Mark

CMS - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within CMS's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

2.6xAbove Typical · 86th percentile
Low: 0.31xMedian: 1.8xHigh: 3.0x

20 years of daily history

12.7% below its highest Price to Sales reading · 3.1x typical multiple drawdown · high date April 3, 2025

Price to Sales history

EV to EBITDA

14.5xHistorically High · 91st percentile
Low: 6.5xMedian: 11.1xHigh: 26.5x

20 years of daily history

45.4% below its highest EV to EBITDA reading · 10.1x typical multiple drawdown · high date May 7, 2007

EV to EBITDA history · log scale

How we measure valuation

CMS Energy Corporation (CMS) Analysis: Current Drawdown Insights

CMS Energy Corporation is currently in a moderate drawdown. As of 2026-07-09, the stock is trading at $75.00, down 6.2% from its all-time high of $79.94. This pullback has lasted 91 days.

Based on its full tracked price history, CMS Energy Corporation typically experiences drawdowns averaging 4.3% in depth, with an average duration of 81 days. CMS Energy Corporation has gone through 177 total drawdown events in its tracked history. The largest drawdown on record for CMS Energy Corporation was 91.1%, beginning in 1998. The longest drawdown duration on record was 5675 days.

The Drawdown Severity Score™ for CMS Energy Corporation currently stands at 1.31. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing CMS Energy Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 177 tracked pullbacks (65 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-04-09Ongoing91 days-6.2%$79.94$75.00n/a
2026-04-062026-04-072 days-0.3%$78.58$78.33$78.59
2026-03-182026-04-0215 days-4.9%$78.29$74.42$78.58
2026-03-052026-03-1611 days-2.9%$78.12$75.84$78.27
2026-03-032026-03-042 days-0.4%$78.08$77.80$78.12
2026-02-252026-02-262 days-0.2%$76.78$76.59$77.05
2026-02-172026-02-248 days-2.1%$76.74$75.11$76.78
2025-12-012026-02-1375 days-8.3%$75.44$69.17$76.74
2025-11-132025-11-2614 days-2.7%$74.96$72.95$75.27
2025-10-162025-11-1127 days-4.0%$74.74$71.75$74.84
2025-04-042025-10-15195 days-8.5%$73.84$67.56$74.74
2025-04-022025-04-032 days-0.6%$73.48$73.01$73.84
2025-03-042025-03-2824 days-3.9%$72.42$69.61$72.54
2025-02-272025-03-035 days-1.2%$71.58$70.74$72.42
2024-10-242025-02-21121 days-9.2%$69.43$63.06$69.91
2024-10-212024-10-233 days-0.4%$68.65$68.40$69.43
2024-10-032024-10-1816 days-3.0%$68.61$66.58$68.65
2024-09-172024-09-3014 days-1.8%$67.87$66.67$68.01
2024-09-112024-09-133 days-0.4%$66.93$66.67$67.49
2024-09-052024-09-106 days-1.7%$66.60$65.49$66.93
2022-04-072024-09-03881 days-28.0%$65.40$47.06$66.14
2022-04-042022-04-052 days-0.7%$63.21$62.76$63.22
2022-03-312022-04-012 days-0.1%$62.22$62.18$63.21
2022-03-162022-03-238 days-1.6%$59.79$58.85$60.14
2022-03-072022-03-158 days-2.7%$59.57$57.98$59.79
2020-02-192022-03-03744 days-29.6%$57.88$40.77$58.04
2020-02-032020-02-1412 days-1.7%$57.24$56.29$57.58
2020-01-272020-01-304 days-0.6%$56.39$56.04$56.87
2019-09-272020-01-15111 days-7.8%$54.01$49.78$54.06
2019-09-052019-09-2622 days-5.4%$53.55$50.65$54.01
2019-08-282019-08-292 days-0.1%$51.95$51.88$52.34
2019-08-232019-08-264 days-0.9%$51.61$51.14$51.83
2019-08-202019-08-212 days-0.2%$51.13$51.04$51.54
2019-08-162019-08-194 days-0.1%$50.88$50.83$51.13
2019-08-122019-08-154 days-0.9%$50.09$49.64$50.88
2019-08-022019-08-076 days-1.3%$48.99$48.35$49.09
2019-07-302019-08-013 days-1.6%$48.82$48.03$48.99
2019-06-242019-07-2936 days-2.8%$48.80$47.45$48.82
2019-06-172019-06-193 days-1.1%$48.47$47.95$48.58
2019-06-072019-06-148 days-1.8%$48.02$47.17$48.47
2019-05-242019-06-0513 days-3.2%$47.31$45.78$47.82
2019-05-212019-05-233 days-0.7%$46.79$46.49$47.31
2019-05-142019-05-174 days-1.1%$46.57$46.08$46.58
2019-03-272019-05-1348 days-4.7%$46.07$43.88$46.57
2019-03-182019-03-225 days-2.1%$45.49$44.54$45.58
2019-03-132019-03-153 days-0.3%$45.32$45.18$45.49
2019-03-012019-03-088 days-0.7%$44.57$44.24$44.76
2019-02-252019-02-284 days-0.7%$44.40$44.09$44.57
2018-12-142019-02-2170 days-9.8%$43.49$39.24$43.76
2018-12-122018-12-132 days-0.8%$43.23$42.88$43.49
2018-11-212018-11-3010 days-2.0%$42.07$41.21$42.36
2017-11-152018-08-15273 days-17.4%$39.86$32.94$39.92
2016-07-072017-03-22259 days-13.2%$34.85$30.24$34.87
2015-01-302016-01-27363 days-16.5%$27.47$22.94$27.77
2014-07-012014-10-14106 days-8.7%$22.02$20.10$22.16
1998-12-042014-06-185675 days-91.1%$21.44$1.90$21.53
1998-03-261998-10-07195 days-15.8%$19.73$16.62$19.73
1990-01-041996-11-112504 days-59.4%$12.81$5.20$12.86
1989-10-091990-01-0387 days-14.9%$12.77$10.87$12.81
1988-10-241989-04-18177 days-10.9%$8.75$7.80$8.79
1987-06-171988-06-14364 days-45.2%$6.51$3.57$6.59
1987-03-161987-06-1692 days-12.7%$6.51$5.68$6.51
1986-12-171987-01-2843 days-9.6%$5.64$5.10$5.64
1986-04-071986-10-21197 days-26.1%$4.60$3.40$4.64
1986-03-131986-03-3119 days-10.0%$4.56$4.11$4.60
1986-01-291986-02-2730 days-8.8%$3.77$3.44$4.11

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

CMS Energy Corporation (CMS) is trading at $75.00 as of Jul 9, 2026. It is 6.2% below its high of $79.94. The drawdown has lasted 91 days. Severity score: 1.3 (Slightly Elevated).

CMS Price History and Drawdown Data

Latest price

$75.00

High-water mark

$79.94

Current drawdown

-6.2%

Days in drawdown

91

This CMS page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior CMS Energy Corporation drawdowns.

What History Says About CMS

CMS Energy Corporation has dropped 15%+ from its high 9 times in its tracked history. These events lasted an average of 1244 days with an average max drop of -36.6%.

The current drawdown of -6.2% has lasted 91 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Dec 1998 to Jun 2014-91.1%5675 days
Jan 1990 to Nov 1996-59.4%2504 days
Jun 1987 to Jun 1988-45.2%364 days
Feb 2020 to Mar 2022-29.6%744 days
Apr 2022 to Sep 2024-28.0%881 days
Apr 1986 to Oct 1986-26.1%197 days

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