Discontinued — last reported Q4 '19
Deferred Tax Assets - Tax Credit Carryforwards
CMS Energy Deferred Tax Assets - Tax Credit Carryforwards decreased by 44.4% to $120.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 44.4%, from $216.00M to $120.00M. Over 4 years (FY 2021 to FY 2025), Deferred Tax Assets - Tax Credit Carryforwards shows a downward trend with a -17.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher balances indicate significant potential for future tax relief, though they may also suggest limited current taxable income to absorb these credits.
Detailed definition
These are deferred tax assets arising from tax credits that were not utilized in the current period but can be carried f...
Peer comparison
Standard across large manufacturing firms with significant R&D or capital expenditure tax incentives.
dta_tax_credit_carryforwardsHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $264.00M | $320.00M | $356.00M | $216.00M | $120.00M |
| QoQ Change | — | +21.2% | +11.3% | -39.3% | -44.4% |
| YoY Change | — | +21.2% | +11.3% | -39.3% | -44.4% |
Deferred Tax Assets - Tax Credit Carryforwards at Other Companies
Frequently Asked Questions
- What is CMS Energy's deferred tax assets - tax credit carryforwards?
- CMS Energy (CMS) reported deferred tax assets - tax credit carryforwards of $120.00M in Q4 2025.
- How has CMS Energy's deferred tax assets - tax credit carryforwards changed year-over-year?
- CMS Energy's deferred tax assets - tax credit carryforwards decreased by 44.4% year-over-year, from $216.00M to $120.00M.
- What is the long-term trend for CMS Energy's deferred tax assets - tax credit carryforwards?
- Over 4 years (2021 to 2025), CMS Energy's deferred tax assets - tax credit carryforwards has grown at a -17.9% compound annual growth rate (CAGR), from $264.00M to $120.00M.
- What does deferred tax assets - tax credit carryforwards mean?
- Unused tax credits that can be applied to reduce future tax payments.