Other

Purchase commitments, Due in 2027

CMS Energy Purchase commitments, Due in 2027 decreased by 2.3% to $2.38B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $2.44B to $2.38B. Over 4 years (FY 2021 to FY 2025), Purchase commitments, Due in 2027 shows relatively stable performance with a 0.7% 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

Higher values indicate a larger cash requirement in 2027, which may impact liquidity or capital allocation flexibility for that year.

Detailed definition

This represents the specific portion of total unconditional purchase obligations that are contractually due for payment...

Peer comparison

Comparable to maturity profiles of debt, this allows for benchmarking the timing of contractual cash outflows against peer companies.

Metric ID: other_unrecorded_unconditional_purchase_obligation_balan_d6eacc

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$2.32B$3.17B$2.43B$2.44B$2.38B
QoQ Change+36.6%-23.2%+0.3%-2.3%
YoY Change+36.6%-23.2%+0.3%-2.3%
Range$2.32B$3.17B
CAGR+2.9%
Avg YoY Growth+2.9%
Median YoY Growth-1.0%

Frequently Asked Questions

What is CMS Energy's purchase commitments, due in 2027?
CMS Energy (CMS) reported purchase commitments, due in 2027 of $2.38B in Q4 2025.
How has CMS Energy's purchase commitments, due in 2027 changed year-over-year?
CMS Energy's purchase commitments, due in 2027 decreased by 2.3% year-over-year, from $2.44B to $2.38B.
What is the long-term trend for CMS Energy's purchase commitments, due in 2027?
Over 4 years (2021 to 2025), CMS Energy's purchase commitments, due in 2027 has grown at a 0.7% compound annual growth rate (CAGR), from $2.32B to $2.38B.
What does purchase commitments, due in 2027 mean?
The amount of long-term purchase commitments scheduled for payment in 2027.