CMS Energy Plant, property, and equipment, gross increased by 1.5% to $38.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $35.28B to $38.32B. Over 5 years (FY 2020 to FY 2025), Plant, property, and equipment, gross shows an upward trend with a 6.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates ongoing capital investment and expansion of the asset base, which is typical for regulated utilities growing their rate base.
This represents the total historical cost of all tangible long-lived assets, such as power plants, distribution lines, a...
High for capital-intensive industries like utilities, energy, and telecommunications.
non_current_assets_property_plant_and_equipment_gross_ex_adf235| 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 | $29.03B | $29.45B | $29.89B | $30.20B | $29.43B | $30.13B | $30.49B | $30.87B | $31.59B | $32.00B | $33.14B | $33.24B | $33.68B | $34.16B | $34.93B | $35.28B | $35.96B | $36.58B | $37.76B | $38.32B |
| QoQ Change | — | +1.5% | +1.5% | +1.0% | -2.6% | +2.4% | +1.2% | +1.2% | +2.4% | +1.3% | +3.6% | +0.3% | +1.3% | +1.4% | +2.3% | +1.0% | +1.9% | +1.7% | +3.2% | +1.5% |
| YoY Change | — | — | — | — | +1.4% | +2.3% | +2.0% | +2.2% | +7.4% | +6.2% | +8.7% | +7.7% | +6.6% | +6.7% | +5.4% | +6.2% | +6.8% | +7.1% | +8.1% | +8.6% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Electric Utility | $19.56B | $19.83B | $20.14B | $20.34B | $20.76B | $21.10B | — | $22.25B |
| Gas Utility | $12.64B | $12.84B | $13.27B | $13.41B | $13.61B | $13.89B | — | $14.37B |
| NorthStar Clean Energy | $1.46B | $1.47B | $1.51B | $1.51B | $1.56B | $1.57B | $1.65B | $1.67B |
| Independent power production | — | — | $1.45B | — | — | — | $1.59B | — |
| Other | — | — | $1.00M | — | — | — | $3.00M | — |
| Total | $33.68B | $34.16B | $34.93B | $35.28B | $35.96B | $36.58B | $37.76B | $38.32B |