Investing
CapEx
CMS Energy CapEx increased by 6.2% to $1.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $888.00M to $1.04B.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
Metric ID:
capital_expendituresHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $442.00M | $564.00M | $634.00M | $520.00M | $568.00M | $650.00M | $636.00M | $617.00M | $613.00M | $681.00M | $806.00M | $888.00M | $884.00M | $978.00M | $1.04B |
| QoQ Change | — | +27.6% | +12.4% | -18.0% | +9.2% | +14.4% | -2.2% | -3.0% | -0.6% | +11.1% | +18.4% | +10.2% | -0.5% | +10.6% | +6.2% |
| YoY Change | — | — | — | — | +28.5% | +15.2% | +0.3% | +18.7% | -0.6% | — | — | +44.9% | +29.8% | +21.3% | +17.0% |
Range$442.00M – $1.04B
CAGR+27.7%
Avg YoY Growth+19.5%
Median YoY Growth+18.7%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is CMS Energy's capex?
- CMS Energy (CMS) reported capex of $1.04B in Q1 2026.
- How has CMS Energy's capex changed year-over-year?
- CMS Energy's capex increased by 17.0% year-over-year, from $888.00M to $1.04B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.