Non-Current Assets
Prepaid pension assets
CMS Energy Prepaid pension assets increased by 2.5% to $2.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.3%, from $1.67B to $2.01B. Over 4 years (FY 2021 to FY 2025), Prepaid pension assets shows an upward trend with a 14.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase indicates a stronger funding position for retirement plans, potentially reducing future cash contribution requirements.
Detailed definition
This represents the fair value of plan assets in excess of the projected benefit obligation for defined benefit pension...
Peer comparison
Common among mature industrial firms with legacy pension plans; peers often report this as a net pension asset.
Metric ID:
non_current_assets_defined_benefit_plan_assets_for_plan__8fec15Historical Data
15 periods
| 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 | $1.15B | $1.21B | $1.24B | $1.27B | $1.31B | $1.47B | $1.51B | $1.55B | $1.59B | $1.63B | $1.67B | $1.71B | $1.74B | $1.96B | $2.01B |
| QoQ Change | — | +5.0% | +2.7% | +2.7% | +2.6% | +12.3% | +2.8% | +2.7% | +2.6% | +2.3% | +2.4% | +2.3% | +2.3% | +12.2% | +2.5% |
| YoY Change | — | +5.0% | — | — | — | +21.5% | +21.6% | +21.7% | +21.7% | +10.8% | +10.4% | +10.0% | +9.6% | +20.3% | +20.3% |
Range$1.15B – $2.01B
CAGR+17.2%
Avg YoY Growth+15.7%
Median YoY Growth+20.3%
Current Streak14+ quarters growth
Prepaid pension assets at Other Companies
Frequently Asked Questions
- What is CMS Energy's prepaid pension assets?
- CMS Energy (CMS) reported prepaid pension assets of $2.01B in Q1 2026.
- How has CMS Energy's prepaid pension assets changed year-over-year?
- CMS Energy's prepaid pension assets increased by 20.3% year-over-year, from $1.67B to $2.01B.
- What is the long-term trend for CMS Energy's prepaid pension assets?
- Over 4 years (2021 to 2025), CMS Energy's prepaid pension assets has grown at a 14.2% compound annual growth rate (CAGR), from $1.15B to $1.96B.
- What does prepaid pension assets mean?
- The surplus value of pension plan assets over the company's pension obligations.