Other

Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two

CMS Energy Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two decreased by 5.2% to $1.67B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.2%, from $1.76B to $1.67B. Over 4 years (FY 2021 to FY 2025), Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two shows a downward trend with a -8.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ1 2026
Last reportedQ1 2026

How to read this metric

An increase indicates rising contractual cash obligations for the second year, potentially impacting future free cash flow.

Detailed definition

This represents the value of unconditional purchase obligations scheduled to be paid in the second year of the multi-yea...

Peer comparison

Standardized across industries to evaluate the 'tail' of contractual obligations compared to total debt maturity profiles.

Metric ID: other_unrecorded_unconditional_purchase_obligation_balan_0e64aa

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$2.40B$1.70B$1.68B$1.76B$1.67B
QoQ Change—-29.5%-1.1%+4.8%-5.2%
YoY Change—-29.5%-1.1%+4.8%-5.2%
Range$1.67B – $2.40B
CAGR-30.7%
Avg YoY Growth-7.7%
Median YoY Growth-3.1%

Frequently Asked Questions

What is CMS Energy's unrecorded unconditional purchase obligation, to be paid, year two?
CMS Energy (CMS) reported unrecorded unconditional purchase obligation, to be paid, year two of $1.67B in Q4 2025.
How has CMS Energy's unrecorded unconditional purchase obligation, to be paid, year two changed year-over-year?
CMS Energy's unrecorded unconditional purchase obligation, to be paid, year two decreased by 5.2% year-over-year, from $1.76B to $1.67B.
What is the long-term trend for CMS Energy's unrecorded unconditional purchase obligation, to be paid, year two?
Over 4 years (2021 to 2025), CMS Energy's unrecorded unconditional purchase obligation, to be paid, year two has grown at a -8.8% compound annual growth rate (CAGR), from $2.40B to $1.67B.
What does unrecorded unconditional purchase obligation, to be paid, year two mean?
The value of long-term purchase obligations due for payment in the second year of the reporting period.