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CMS Energy vs Consolidated Edison: Which Stock Looks Stronger in 2026?

Consolidated Edison holds the cleaner structural position, with the lead spread across growth and stability. CMS Energy still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — Consolidated Edison holds the more constructive position. That puts structure and market broadly in agreement — Consolidated Edison's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-08-16

This is not just a one-metric split: both growth and stability materially support the lead. The overall score gap is 20 points in favour of Consolidated Edison, Inc..

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Electric

This comparison is based on industry proximity, not on functional trajectory similarity. CMS and ED share the same industry classification.

For a similarity-based comparison, see how CMS Energy and Consolidated Edison each position within their functional peer groups in AssetNext.

Peer-Relative Score
CMS
CMS Energy Corporation
48
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
ED
Consolidated Edison, Inc.
68
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: CMS vs ED Profitability 45 30 Stability 50 83 Valuation 73 85 Growth 13 84 CMS ED
Gap Ranking
#1 Growth +71
#2 Stability +33
#3 Profitability +15
#4 Valuation +12
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CMS and ED Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CMSED Relative valuation Structural strength

Consolidated Edison, Inc. looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where CMS and ED each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY CMS Elevated · near norm 0th 50th 100th 7 pct gap ED Elevated · above norm 0th 50th 100th 87th 94th
CMS (87th percentile) and ED (94th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
On growth, Consolidated Edison, Inc. ranks near the top of the group; CMS Energy Corporation sits in the weaker half.
Stability
On stability, the same pattern holds: both are strong, but Consolidated Edison, Inc. still leads clearly.
Growth — Dominant Gap
CMS
13
ED
84
Gap+71in favour of ED

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

CMS Energy Corporation still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

The lead is built on both growth and stability — though profitability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the CMS vs ED comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how CMS and ED each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.