Business Segments · Assets under finance leases

NorthStar Clean Energy — Assets under finance leases

CMS Energy NorthStar Clean Energy — Assets under finance leases increased by 22.2% to $55.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 22.2%, from $45.00M to $55.00M.

Analysis

StatementSegment
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

Higher values indicate a strategy of leasing rather than purchasing assets, which impacts the segment's leverage profile.

Detailed definition

The value of assets that the segment uses through finance lease agreements, where the segment effectively assumes the ri...

Peer comparison

Common in energy sectors where infrastructure is often leased to manage capital expenditure.

Metric ID: cms_segment_northstar_clean_energy_assets_under_finance_leases

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$0.00$24.00M$24.00M$45.00M$55.00M
QoQ Change+0.0%+87.5%+22.2%
YoY Change+0.0%+87.5%+22.2%
Range$0.00$55.00M
Avg YoY Growth+36.6%
Median YoY Growth+22.2%
Current Streak3+ quarters growth

Frequently Asked Questions

What is CMS Energy's northstar clean energy — assets under finance leases?
CMS Energy (CMS) reported northstar clean energy — assets under finance leases of $55.00M in Q4 2025.
How has CMS Energy's northstar clean energy — assets under finance leases changed year-over-year?
CMS Energy's northstar clean energy — assets under finance leases increased by 22.2% year-over-year, from $45.00M to $55.00M.
What does northstar clean energy — assets under finance leases mean?
The value of assets the segment uses through long-term finance lease contracts.