Other

Tax loss and credit carryforwards

CMS Energy Tax loss and 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 5 years (FY 2020 to FY 2025), Tax loss and credit carryforwards shows a downward trend with a -22.1% 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 2020
Last reportedQ4 2025

How to read this metric

Higher values suggest potential future tax savings, provided the company remains profitable.

Detailed definition

This represents the value of tax benefits available to offset future taxable income, derived from past operating losses...

Peer comparison

Commonly reported by companies with historical volatility or significant capital investment tax incentives.

Metric ID: other_deferred_tax_assets_operating_loss_and_credit_carr_b134e7

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 tax loss and credit carryforwards?
CMS Energy (CMS) reported tax loss and credit carryforwards of $139.00M in Q4 2025.
How has CMS Energy's tax loss and credit carryforwards changed year-over-year?
CMS Energy's tax loss and 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 tax loss and credit carryforwards?
Over 5 years (2020 to 2025), CMS Energy's tax loss and credit carryforwards has grown at a -22.1% compound annual growth rate (CAGR), from $483.00M to $139.00M.
What does tax loss and credit carryforwards mean?
The value of past losses or tax credits that can be used to lower future tax payments.