CMS Energy Electric Utility — D&A increased by 5.4% to $233.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $221.00M to $233.00M. Over 4 years (FY 2021 to FY 2025), Electric Utility — D&A shows an upward trend with a 4.0% CAGR.
Increasing depreciation often signals a growing asset base and significant capital investment in the utility network.
This represents the systematic allocation of the cost of tangible and intangible utility assets over their useful lives....
Standard accounting metric for capital-intensive utility companies.
cms_segment_electric_utility_depreciation_and_amortization| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $193.00M | $193.00M | $193.00M | $189.25M | $189.25M | $189.25M | $189.25M | $199.25M | $199.25M | $199.25M | $199.25M | $213.00M | $209.00M | $229.00M | $214.00M | $221.00M | $222.00M | $239.00M | $221.00M | $233.00M |
| QoQ Change | — | +0.0% | +0.0% | -1.9% | +0.0% | +0.0% | +0.0% | +5.3% | +0.0% | +0.0% | +0.0% | +6.9% | -1.9% | +9.6% | -6.6% | +3.3% | +0.5% | +7.7% | -7.5% | +5.4% |
| YoY Change | — | — | — | — | -1.9% | -1.9% | -1.9% | +5.3% | +5.3% | +5.3% | +5.3% | +6.9% | +4.9% | +14.9% | +7.4% | +3.8% | +6.2% | +4.4% | +3.3% | +5.4% |