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.
An increase indicates ongoing investment in infrastructure, while a decrease may suggest asset divestiture or retirement.
Represents the total historical cost of all physical assets owned by the gas utility segment, including pipelines, stora...
Standard utility industry metric for measuring asset base size and rate base potential.
cms_segment_gas_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 | $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% |