Business Segments · Property, plant, and equipment, gross

Gas Utility — Property, plant, and equipment, gross

CMS Energy Gas Utility — Property, plant, and equipment, gross increased by 1.1% to $14.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.2%, from $13.41B to $14.37B. Over 4 years (FY 2021 to FY 2025), Gas Utility — Property, plant, and equipment, gross shows an upward trend with a 7.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026

How to read this metric

An increase indicates ongoing investment in infrastructure, while a decrease may suggest asset divestiture or retirement.

Detailed definition

Represents the total historical cost of all physical assets owned by the gas utility segment, including pipelines, stora...

Peer comparison

Standard utility industry metric for measuring asset base size and rate base potential.

Metric ID: cms_segment_gas_utility_property_plant_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$10.07B$10.32B$10.60B$10.76B$10.95B$11.23B$11.44B$11.63B$11.80B$11.99B$12.38B$12.48B$12.64B$12.84B$13.27B$13.41B$13.61B$13.89B$14.22B$14.37B
QoQ Change+2.4%+2.8%+1.5%+1.7%+2.6%+1.9%+1.6%+1.4%+1.6%+3.3%+0.7%+1.3%+1.6%+3.3%+1.1%+1.5%+2.1%+2.4%+1.1%
YoY Change+8.7%+8.9%+7.9%+8.1%+7.8%+6.7%+8.2%+7.3%+7.1%+7.1%+7.1%+7.5%+7.7%+8.2%+7.2%+7.2%
Range$10.07B$14.37B
CAGR+7.8%
Avg YoY Growth+7.7%
Median YoY Growth+7.6%
Current Streak19+ quarters growth

Frequently Asked Questions

What is CMS Energy's gas utility — property, plant, and equipment, gross?
CMS Energy (CMS) reported gas utility — property, plant, and equipment, gross of $14.37B in Q1 2026.
How has CMS Energy's gas utility — property, plant, and equipment, gross changed year-over-year?
CMS Energy's gas utility — property, plant, and equipment, gross increased by 7.2% year-over-year, from $13.41B to $14.37B.
What is the long-term trend for CMS Energy's gas utility — property, plant, and equipment, gross?
Over 4 years (2021 to 2025), CMS Energy's gas utility — property, plant, and equipment, gross has grown at a 7.9% compound annual growth rate (CAGR), from $40.69B to $55.13B.
What does gas utility — property, plant, and equipment, gross mean?
The total original cost of all physical assets owned by the gas utility segment.