Discontinued — last reported Q4 '25
CMS Energy Unrecorded Unconditional Purchase Obligation 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), Unrecorded Unconditional Purchase Obligation shows relatively stable performance with a 0.7% CAGR.
High obligations indicate strong future demand or long-term supply security, but also represent significant future cash outflows.
This represents contractual commitments to purchase goods or services that are unconditional but have not yet been recog...
Common in manufacturing sectors where long-term supply agreements are essential for production stability.
unrecorded_purchase_obligation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '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% |