Other

Deferred Tax Assets Net Operating Loss And Tax Credit Carryforwards

CMS Energy Deferred Tax Assets Net Operating Loss And Tax Credit Carryforwards decreased by 46.1% to $139.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 46.1%, from $258.00M to $139.00M. Over 4 years (FY 2021 to FY 2025), Deferred Tax Assets Net Operating Loss And Tax Credit Carryforwards shows a downward trend with a -19.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

An increase indicates the accumulation of tax assets that can lower future tax bills, while a decrease suggests utilization or valuation adjustments.

Detailed definition

This metric captures the value of tax benefits that can be carried forward to offset future taxable income, including ne...

Peer comparison

Varies widely based on profitability cycles and tax planning strategies across the utility sector.

Metric ID: other_deferred_tax_assets_net_operating_loss_and_tax_cre_5004d4

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$332.00M$385.00M$428.00M$258.00M$139.00M
QoQ Change—+16.0%+11.2%-39.7%-46.1%
YoY Change—+16.0%+11.2%-39.7%-46.1%
Range$139.00M – $428.00M
CAGR-58.1%
Avg YoY Growth-14.7%
Median YoY Growth-14.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is CMS Energy's deferred tax assets net operating loss and tax credit carryforwards?
CMS Energy (CMS) reported deferred tax assets net operating loss and tax credit carryforwards of $139.00M in Q4 2025.
How has CMS Energy's deferred tax assets net operating loss and tax credit carryforwards changed year-over-year?
CMS Energy's deferred tax assets net operating loss and tax credit carryforwards decreased by 46.1% year-over-year, from $258.00M to $139.00M.
What is the long-term trend for CMS Energy's deferred tax assets net operating loss and tax credit carryforwards?
Over 4 years (2021 to 2025), CMS Energy's deferred tax assets net operating loss and tax credit carryforwards has grown at a -19.6% compound annual growth rate (CAGR), from $332.00M to $139.00M.
What does deferred tax assets net operating loss and tax credit carryforwards mean?
The value of tax savings available to reduce future tax payments through carryforwards.