Business Segments · Income Tax
Electric Utility — Income Tax
CMS Energy Electric Utility — Income Tax increased by 52.6% to $29.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.1%, from $23.00M to $29.00M. Over 4 years (FY 2021 to FY 2025), Electric Utility — Income Tax shows an upward trend with a 6.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toIncome Tax
How to read this metric
An increase may reflect higher profitability or changes in effective tax rates.
Detailed definition
The total income tax provision allocated to the electric utility segment based on its pre-tax earnings. This reflects th...
Peer comparison
Standard tax expense reporting for business segments within a consolidated corporate structure.
Metric ID:
cms_segment_electric_utility_income_tax_expenseHistorical Data
20 periods
| 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 | $29.25M | $29.25M | $29.25M | $27.25M | $27.25M | $27.25M | $27.25M | $16.75M | $16.75M | $16.75M | $16.75M | $17.00M | $30.00M | $27.00M | $28.00M | $23.00M | $42.00M | $66.00M | $19.00M | $29.00M |
| QoQ Change | — | +0.0% | +0.0% | -6.8% | +0.0% | +0.0% | +0.0% | -38.5% | +0.0% | +0.0% | +0.0% | +1.5% | +76.5% | -10.0% | +3.7% | -17.9% | +82.6% | +57.1% | -71.2% | +52.6% |
| YoY Change | — | — | — | — | -6.8% | -6.8% | -6.8% | -38.5% | -38.5% | -38.5% | -38.5% | +1.5% | +79.1% | +61.2% | +67.2% | +35.3% | +40.0% | +144.4% | -32.1% | +26.1% |
Range$16.75M – $66.00M
CAGR-0.2%
Avg YoY Growth+15.5%
Median YoY Growth-2.7%
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Frequently Asked Questions
- What is CMS Energy's electric utility — income tax?
- CMS Energy (CMS) reported electric utility — income tax of $29.00M in Q1 2026.
- How has CMS Energy's electric utility — income tax changed year-over-year?
- CMS Energy's electric utility — income tax increased by 26.1% year-over-year, from $23.00M to $29.00M.
- What is the long-term trend for CMS Energy's electric utility — income tax?
- Over 4 years (2021 to 2025), CMS Energy's electric utility — income tax has grown at a 6.4% compound annual growth rate (CAGR), from $117.00M to $150.00M.
- What does electric utility — income tax mean?
- The amount of income tax expense attributed to the electric utility segment.