Non-Current Liabilities

Finance Lease Liabilities

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026

How to read this metric

High levels indicate significant reliance on leased assets for operations, which serves as a form of off-balance-sheet-style financing.

Detailed definition

This represents the total long-term obligations under finance leases, excluding the current portion. It reflects the com...

Peer comparison

Used to compare capital intensity and financing strategies across peers.

Metric ID: finance_lease_liabilities

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$46.00M$262.00M
CAGR+64.4%
Avg YoY Growth+49.8%
Median YoY Growth+47.8%

Frequently Asked Questions

What is CMS Energy's finance lease liabilities?
CMS Energy (CMS) reported finance lease liabilities of $262.00M in Q1 2026.
How has CMS Energy's finance lease liabilities changed year-over-year?
CMS Energy's finance lease liabilities increased by 136.0% year-over-year, from $111.00M to $262.00M.
What is the long-term trend for CMS Energy's finance lease liabilities?
Over 5 years (2020 to 2025), CMS Energy's finance lease liabilities has grown at a 20.6% compound annual growth rate (CAGR), from $53.00M to $135.00M.
What does finance lease liabilities mean?
Total long-term debt obligations related to finance leases.