CMS Energy Finance Lease Liabilities increased by 94.1% to $262.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 136.0%, from $111.00M to $262.00M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities shows an upward trend with a 20.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
High levels indicate significant reliance on leased assets for operations, which serves as a form of off-balance-sheet-style financing.
This represents the total long-term obligations under finance leases, excluding the current portion. It reflects the com...
Used to compare capital intensity and financing strategies across peers.
finance_lease_liabilities| Q4 '21 | 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 | $46.00M | $68.00M | $66.00M | $65.00M | $63.00M | $62.00M | $61.00M | $79.00M | $112.00M | $112.00M | $111.00M | $139.00M | $137.00M | $135.00M | $262.00M |
| QoQ Change | — | +47.8% | -2.9% | -1.5% | -3.1% | -1.6% | -1.6% | +29.5% | +41.8% | +0.0% | -0.9% | +25.2% | -1.4% | -1.5% | +94.1% |
| YoY Change | — | +47.8% | — | — | — | -8.8% | -7.6% | +21.5% | +77.8% | +80.6% | +82.0% | +75.9% | +22.3% | +20.5% | +136.0% |