CMS Energy Deferred property taxes decreased by 19.6% to $385.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $360.00M to $385.00M. Over 5 years (FY 2020 to FY 2025), Deferred property taxes shows an upward trend with a 7.6% CAGR.
Changes reflect shifts in capital expenditure timing and tax depreciation schedules rather than operational performance.
This represents the current portion of tax assets arising from temporary differences between the tax basis of property a...
Standard accounting item for capital-intensive utilities with significant property, plant, and equipment.
current_assets_deferred_property_taxes| 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 | $243.00M | $215.00M | $356.00M | $287.00M | $258.00M | $234.00M | $384.00M | $310.00M | $282.00M | $255.00M | $426.00M | $344.00M | $309.00M | $277.00M | $448.00M | $360.00M | $324.00M | $294.00M | $479.00M | $385.00M |
| QoQ Change | — | -11.5% | +65.6% | -19.4% | -10.1% | -9.3% | +64.1% | -19.3% | -9.0% | -9.6% | +67.1% | -19.2% | -10.2% | -10.4% | +61.7% | -19.6% | -10.0% | -9.3% | +62.9% | -19.6% |
| YoY Change | — | — | — | — | +6.2% | +8.8% | +7.9% | +8.0% | +9.3% | +9.0% | +10.9% | +11.0% | +9.6% | +8.6% | +5.2% | +4.7% | +4.9% | +6.1% | +6.9% | +6.9% |