OGS vs CMS-P-C

Comparison between ONE Gas Inc (OGS, Company) and CMS Energy Corporation (CMS-P-C, Company).

5-Year PerformanceOGS has outperformed CMS-P-C, delivering a return of +6.0% compared to -2.7%

OGS vs CMS-P-C - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OGS(COMPANY)	CMS-P-C(COMPANY)
Market Cap	$5.27B	$5.29B
Max Drawdown	40.40%	36.93%
Sharpe Ratio	0.60	0.26
5Y Beta	0.20	0.22
Industry	Utilities - Regulated Gas	N/A
P/E Ratio	19.07	4.72
Forward P/E	19.05	N/A
PEG Ratio	2.65	0.76
Dividend Yield	3.23%	N/A
5Y Dividends CAGR	8.51%	N/A
5Y EPS CAGR	3.16%	3.94%
Debt to Equity	73.46%	199.20%
Free Cash Flow Yield	-4.17%	-70.17%
P/S Ratio	2.27	N/A
P/B Ratio	1.51	N/A

Market Cap

OGS

$5.27B

Winner

CMS-P-C

$5.29B

Max Drawdown

OGS

40.40%

Winner

CMS-P-C

36.93%

Sharpe Ratio

Winner

OGS

0.60

CMS-P-C

0.26

5Y Beta

Winner

OGS

0.20

CMS-P-C

0.22

Industry

OGS

Utilities - Regulated Gas

CMS-P-C

N/A

P/E Ratio

OGS

19.07

Winner

CMS-P-C

4.72

Forward P/E

OGS

19.05

CMS-P-C

N/A

PEG Ratio

OGS

2.65

Winner

CMS-P-C

0.76

Dividend Yield

OGS

3.23%

CMS-P-C

N/A

5Y Dividends CAGR

OGS

8.51%

CMS-P-C

N/A

5Y EPS CAGR

OGS

3.16%

Winner

CMS-P-C

3.94%

Debt to Equity

Winner

OGS

73.46%

CMS-P-C

199.20%

Free Cash Flow Yield

Winner

OGS

-4.17%

CMS-P-C

-70.17%

P/S Ratio

OGS

2.27

CMS-P-C

N/A

P/B Ratio

OGS

1.51

CMS-P-C

N/A

OGS vs CMS-P-C - Historical Returns

Returns include dividend reinvestment.

Period	OGS	CMS-P-C
1 month	-5.87%	-2.08%
3 months	-2.39%	-4.34%
6 months	+2.81%	+0.04%
1 year	+12.44%	+5.92%
5 years(CAGR)	+5.99%	-2.69%
10 years(CAGR)	+6.82%	N/A
Max(CAGR)	+10.90%	-2.69%

OGS

-5.87%

Winner

CMS-P-C

-2.08%

Winner

OGS

-2.39%

CMS-P-C

-4.34%

Winner

OGS

+2.81%

CMS-P-C

+0.04%

Winner

OGS

+12.44%

CMS-P-C

+5.92%

5Y(CAGR)

Winner

OGS

+5.99%

CMS-P-C

-2.69%

10Y(CAGR)

OGS

+6.82%

CMS-P-C

N/A

Max(CAGR)

Winner

OGS

+10.90%

CMS-P-C

-2.69%

OGS vs CMS-P-C - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	OGS	CMS-P-C
2026	+8.68%	-2.61%
2025	+17.03%	-1.03%
2024	+11.37%	-0.99%
2023	-13.46%	+17.04%
2022	+1.19%	-25.00%
2021	+6.17%	+1.60%
2020	-14.69%	N/A
2019	+24.88%	N/A
2018	+12.92%	N/A
2017	+17.76%	N/A
2016	+34.13%	N/A
2015	+22.96%	N/A
2014	+27.39%	N/A

OGS vs CMS-P-C Drawdown Comparison

The maximum drawdown for OGS was -33.54%, occurring on Nov 30, 2023. Recovery took 882 trading sessions.

The maximum drawdown for CMS-P-C was -32.69%, occurring on Nov 2, 2022. This drawdown has not yet recovered.

The current OGS drawdown is -7.90%. The current CMS-P-C drawdown is -14.22%.

Rank	OGS	CMS-P-C
#1	-33.54% Apr 8, 2022 - Oct 15, 2025	-32.69% Jul 23, 2021 - Nov 2, 2022
#2	-31.16% Feb 18, 2020 - Apr 6, 2022	-0.47% Jul 15, 2021 - Jul 23, 2021
#3	-20.26% Nov 30, 2017 - Aug 15, 2018	-0.08% Jul 9, 2021 - Jul 13, 2021
#4	-14.30% Jun 30, 2016 - Feb 23, 2017	N/A
#5	-13.99% Jan 23, 2015 - Aug 17, 2015	N/A
#6	-12.52% Dec 13, 2018 - Feb 22, 2019	N/A
#7	-10.76% Sep 26, 2019 - Jan 23, 2020	N/A
#8	-10.48% Jun 25, 2014 - Nov 3, 2014	N/A
#9	-9.12% Apr 9, 2026 - May 15, 2026	N/A
#10	-8.65% Nov 28, 2025 - Feb 12, 2026	N/A
#11	-8.47% Aug 17, 2015 - Oct 2, 2015	N/A
#12	-7.82% Mar 30, 2016 - Jun 8, 2016	N/A
#13	-7.24% Oct 10, 2018 - Nov 16, 2018	N/A
#14	-6.72% Dec 29, 2014 - Jan 16, 2015	N/A
#15	-5.87% Oct 28, 2015 - Dec 1, 2015	N/A

Correlation

Correlation between OGS and CMS-P-C is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.24

-101

Dividend Comparison (2014 - 2026)

OGS vs CMS-P-C dividend yield comparison.

Year	OGS	CMS-P-C
2026	1.64%	1.55%
2025	3.47%	6.02%
2024	3.81%	5.61%
2023	4.08%	5.28%
2022	3.28%	5.94%
2021	2.99%	2.28%
2020	2.81%	0.00%
2019	2.14%	0.00%
2018	2.31%	0.00%
2017	2.29%	0.00%
2016	2.19%	0.00%
2015	2.39%	0.00%
2014	2.04%	0.00%