Non-Current Liabilities
Regulatory liabilities
CMS Energy Regulatory liabilities increased by 2.4% to $87.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.1%, from $99.00M to $87.00M. Over 5 years (FY 2020 to FY 2025), Regulatory liabilities shows a downward trend with a -10.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2024
How to read this metric
An increase reflects higher future customer credits or rate adjustments, potentially impacting future revenue recognition.
Detailed definition
These are obligations recognized by regulated utilities to refund or credit customers in future periods, often resulting...
Peer comparison
Standard across all regulated utility companies subject to state or federal commission oversight.
Metric ID:
utility_regulatory_liabilitiesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $214.00M | $191.00M | $146.00M | $92.00M | $76.00M | $67.00M | $104.00M | $107.00M | $88.00M | $75.00M | $56.00M | $72.00M | $120.00M | $120.00M | $111.00M | $99.00M | $93.00M | $89.00M | $85.00M | $87.00M |
| QoQ Change | — | -10.7% | -23.6% | -37.0% | -17.4% | -11.8% | +55.2% | +2.9% | -17.8% | -14.8% | -25.3% | +28.6% | +66.7% | +0.0% | -7.5% | -10.8% | -6.1% | -4.3% | -4.5% | +2.4% |
| YoY Change | — | — | — | — | -64.5% | -64.9% | -28.8% | +16.3% | +15.8% | +11.9% | -46.2% | -32.7% | +36.4% | +60.0% | +98.2% | +37.5% | -22.5% | -25.8% | -23.4% | -12.1% |
Range$56.00M – $214.00M
CAGR-17.3%
Avg YoY Growth-2.8%
Median YoY Growth-17.3%
Regulatory liabilities at Other Companies
Frequently Asked Questions
- What is CMS Energy's regulatory liabilities?
- CMS Energy (CMS) reported regulatory liabilities of $87.00M in Q1 2026.
- How has CMS Energy's regulatory liabilities changed year-over-year?
- CMS Energy's regulatory liabilities decreased by 12.1% year-over-year, from $99.00M to $87.00M.
- What is the long-term trend for CMS Energy's regulatory liabilities?
- Over 5 years (2020 to 2025), CMS Energy's regulatory liabilities has grown at a -10.9% compound annual growth rate (CAGR), from $151.00M to $85.00M.
- What does regulatory liabilities mean?
- Future obligations to return money to customers as mandated by utility regulators.