Business Segments · Maintenance and other operating expenses

Electric Utility — Maintenance and other operating expenses

CMS Energy Electric Utility — Maintenance and other operating expenses decreased by 18.5% to $277.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $257.00M to $277.00M. Over 3 years (FY 2022 to FY 2025), Electric Utility — Maintenance and other operating expenses shows an upward trend with a 3.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Lower expenses relative to asset base suggest operational efficiency, while rising costs may indicate aging infrastructure or increased maintenance needs.

Detailed definition

This covers the ongoing operational costs required to maintain the electric grid, including labor, materials, and admini...

Peer comparison

Standard operating expense (OPEX) metric for utility maintenance.

Metric ID: cms_segment_electric_utility_maintenance_and_other_operating_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$257.00M$257.00M$257.00M$257.00M$268.75M$268.75M$268.75M$268.75M$238.00M$261.00M$282.00M$285.00M$257.00M$264.00M$285.00M$340.00M$277.00M
QoQ Change+0.0%+0.0%+0.0%+4.6%+0.0%+0.0%+0.0%-11.4%+9.7%+8.0%+1.1%-9.8%+2.7%+8.0%+19.3%-18.5%
YoY Change+4.6%+4.6%+4.6%+4.6%-11.4%-2.9%+4.9%+6.0%+8.0%+1.1%+1.1%+19.3%+7.8%
Range$238.00M$340.00M
CAGR+1.9%
Avg YoY Growth+4.0%
Median YoY Growth+4.6%

Frequently Asked Questions

What is CMS Energy's electric utility — maintenance and other operating expenses?
CMS Energy (CMS) reported electric utility — maintenance and other operating expenses of $277.00M in Q1 2026.
How has CMS Energy's electric utility — maintenance and other operating expenses changed year-over-year?
CMS Energy's electric utility — maintenance and other operating expenses increased by 7.8% year-over-year, from $257.00M to $277.00M.
What is the long-term trend for CMS Energy's electric utility — maintenance and other operating expenses?
Over 3 years (2022 to 2025), CMS Energy's electric utility — maintenance and other operating expenses has grown at a 3.7% compound annual growth rate (CAGR), from $1.03B to $1.15B.
What does electric utility — maintenance and other operating expenses mean?
Operating costs related to maintaining and running the electric utility infrastructure.