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

The structural profiles are close, with CMS Energy carrying a narrow edge on growth. Consolidated Edison still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

This is not just a one-metric split: both growth and profitability materially support the lead.

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
63
Peer-Score
Signal qualityMedium
vs
ED
Consolidated Edison, Inc.
58
Peer-Score
Signal qualityMedium

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 53 34 Stability 58 72 Valuation 74 83 Growth 65 42 CMS ED
Gap Ranking
#1 Growth +23
#2 Profitability +19
#3 Stability +14
#4 Valuation +9
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

CMS Energy Corporation still looks stronger overall, though current pricing looks more supportive for Consolidated Edison, Inc..

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

Relative Position vs Comparable Companies
Growth
Both rank well on growth, but CMS Energy Corporation still holds a clear edge.
Profitability
CMS Energy Corporation sits in the stronger part of the group on profitability, while Consolidated Edison, Inc. is closer to mid-pack.
Growth — Dominant Gap
CMS
65
ED
42
Gap+23in favour of CMS

The clearest distance comes from a stronger growth profile.

What keeps the gap from being one-sided

A meaningful counterforce remains in stability, which keeps the comparison from looking completely one-sided.

What this means for the comparison

The lead is built on both growth and profitability — though stability 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-and-profitability 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.

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.