CMS Energy Gas Utility — General taxes increased by 54.2% to $91.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $86.00M to $91.00M. Over 3 years (FY 2022 to FY 2025), Gas Utility — General taxes shows an upward trend with a 8.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects rising property valuations or tax rates, while a decrease suggests favorable tax assessments or reduced tax burdens.
Taxes incurred by the utility that are not directly tied to income, such as property taxes, payroll taxes, and other sta...
Standard tax expense category for regulated utilities.
cms_segment_gas_utility_general_taxes| 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 | $39.75M | $39.75M | $39.75M | $39.75M | $44.00M | $44.00M | $44.00M | $44.00M | $81.00M | $31.00M | $20.00M | $56.00M | $86.00M | $33.00M | $23.00M | $59.00M | $91.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.7% | +0.0% | +0.0% | +0.0% | +84.1% | -61.7% | -35.5% | +180.0% | +53.6% | -61.6% | -30.3% | +156.5% | +54.2% |
| YoY Change | — | — | — | — | +10.7% | +10.7% | +10.7% | +10.7% | +84.1% | -29.5% | -54.5% | +27.3% | +6.2% | +6.5% | +15.0% | +5.4% | +5.8% |