CMS Energy Electric Utility — Property, plant, 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 — Property, plant, 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.
An increase indicates significant investment in infrastructure expansion or asset acquisition, while a decrease may suggest asset divestiture or retirement.
Represents the total historical cost of all physical assets owned by the electric utility segment before accounting for...
Standard metric for capital-intensive utilities; peers typically report this as Gross PP&E.
cms_segment_electric_utility_property_plant_and_equipment_gross| 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 | $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% |