CMS Energy Property, Plant And Equipment, Net, Excluding C W I P increased by 1.1% to $27.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $25.48B to $27.94B. Over 5 years (FY 2020 to FY 2025), Property, Plant And Equipment, Net, Excluding C W I P shows an upward trend with a 6.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase reflects the successful completion and integration of new infrastructure into the active service network.
This metric represents the book value of tangible assets excluding projects currently under construction, providing a vi...
Commonly used in utility rate base analysis to determine the value of assets currently providing service.
non_current_assets_property_plant_and_equipment_net_excl_493610| 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 | $20.70B | $20.96B | $21.39B | $21.66B | $20.72B | $21.26B | $21.53B | $21.74B | $22.86B | $23.07B | $24.13B | $24.23B | $24.52B | $24.84B | $25.36B | $25.48B | $26.10B | $26.53B | $27.63B | $27.94B |
| QoQ Change | — | +1.3% | +2.1% | +1.2% | -4.3% | +2.6% | +1.3% | +1.0% | +5.1% | +0.9% | +4.6% | +0.4% | +1.2% | +1.3% | +2.1% | +0.5% | +2.4% | +1.7% | +4.1% | +1.1% |
| YoY Change | — | — | — | — | +0.1% | +1.4% | +0.7% | +0.4% | +10.3% | +8.5% | +12.1% | +11.5% | +7.3% | +7.7% | +5.1% | +5.2% | +6.4% | +6.8% | +8.9% | +9.6% |