Business Segments · Plant, property, and equipment, gross

Electric Utility — Plant, property, and equipment, gross

CMS Energy Electric Utility — Plant, property, and equipment, gross increased by 1.7% to $22.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $20.34B to $22.25B. Over 4 years (FY 2021 to FY 2025), Electric Utility — Plant, property, and equipment, gross shows an upward trend with a 4.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026

How to read this metric

An increase reflects ongoing capital investment and infrastructure expansion.

Detailed definition

The total historical cost of the electric utility's physical assets, such as power plants, transmission lines, and distr...

Peer comparison

A fundamental metric for all utilities, representing the rate base upon which regulated returns are earned.

Metric ID: cms_segment_electric_utility_plant_property_and_equipment_gross

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.82B$17.99B$18.15B$18.29B$17.33B$17.72B$17.87B$18.06B$18.62B$18.80B$19.30B$19.32B$19.56B$19.83B$20.14B$20.34B$20.76B$21.10B$21.87B$22.25B
QoQ Change+1.0%+0.9%+0.8%-5.3%+2.2%+0.8%+1.0%+3.1%+1.0%+2.7%+0.1%+1.2%+1.4%+1.6%+1.0%+2.1%+1.6%+3.7%+1.7%
YoY Change-2.7%-1.5%-1.5%-1.3%+7.4%+6.1%+8.0%+7.0%+5.1%+5.4%+4.3%+5.3%+6.2%+6.4%+8.6%+9.4%
Range$17.33B$22.25B
CAGR+4.8%
Avg YoY Growth+4.5%
Median YoY Growth+5.8%
Current Streak15 quarters growth

Frequently Asked Questions

What is CMS Energy's electric utility — plant, property, and equipment, gross?
CMS Energy (CMS) reported electric utility — plant, property, and equipment, gross of $22.25B in Q1 2026.
How has CMS Energy's electric utility — plant, property, and equipment, gross changed year-over-year?
CMS Energy's electric utility — plant, property, and equipment, gross increased by 9.4% year-over-year, from $20.34B to $22.25B.
What is the long-term trend for CMS Energy's electric utility — plant, property, and equipment, gross?
Over 4 years (2021 to 2025), CMS Energy's electric utility — plant, property, and equipment, gross has grown at a 4.1% compound annual growth rate (CAGR), from $71.53B to $84.07B.
What does electric utility — plant, property, and equipment, gross mean?
The total original cost of all physical assets owned by the electric utility segment.