Business Segments · Maintenance and other operating expenses

Gas Utility — Maintenance and other operating expenses

CMS Energy Gas Utility — Maintenance and other operating expenses increased by 1.5% to $139.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.8%, from $116.00M to $139.00M. Over 3 years (FY 2022 to FY 2025), Gas Utility — Maintenance and other operating expenses shows a downward trend with a -5.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

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

How to read this metric

An increase may signal aging infrastructure requiring more repairs, while a decrease could indicate cost-cutting or improved operational efficiency.

Detailed definition

The recurring costs required to maintain, repair, and operate the gas distribution network and administrative functions....

Peer comparison

Standard operating expense (O&M) metric for all utility companies.

Metric ID: cms_segment_gas_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$138.50M$138.50M$138.50M$138.50M$127.75M$127.75M$127.75M$127.75M$140.00M$116.00M$99.00M$99.00M$116.00M$112.00M$103.00M$137.00M$139.00M
QoQ Change+0.0%+0.0%+0.0%-7.8%+0.0%+0.0%+0.0%+9.6%-17.1%-14.7%+0.0%+17.2%-3.4%-8.0%+33.0%+1.5%
YoY Change-7.8%-7.8%-7.8%-7.8%+9.6%-9.2%-22.5%-22.5%-17.1%-3.4%+4.0%+38.4%+19.8%
Range$99.00M$140.00M
CAGR+0.1%
Avg YoY Growth-2.6%
Median YoY Growth-7.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is CMS Energy's gas utility — maintenance and other operating expenses?
CMS Energy (CMS) reported gas utility — maintenance and other operating expenses of $139.00M in Q1 2026.
How has CMS Energy's gas utility — maintenance and other operating expenses changed year-over-year?
CMS Energy's gas utility — maintenance and other operating expenses increased by 19.8% year-over-year, from $116.00M to $139.00M.
What is the long-term trend for CMS Energy's gas utility — maintenance and other operating expenses?
Over 3 years (2022 to 2025), CMS Energy's gas utility — maintenance and other operating expenses has grown at a -5.5% compound annual growth rate (CAGR), from $554.00M to $468.00M.
What does gas utility — maintenance and other operating expenses mean?
The ongoing costs to keep the gas utility infrastructure running and maintained.