CMS Energy CMS Electric Utility — D&A

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Questions, answered.

What is CMS Energy's electric utility — D&A?

CMS Energy (CMS) reported electric utility — D&A of $233M in Q1 2026.

How has CMS Energy's electric utility — D&A changed year-over-year?

CMS Energy's electric utility — D&A increased by 5.4% year-over-year, from $221M to $233M.

What is the long-term trend for CMS Energy's electric utility — D&A?

Over 4 years (2021 to 2025), CMS Energy's electric utility — D&A has grown at a 4.0% compound annual growth rate (CAGR), from $772M to $903M.

What does electric utility — D&A mean?

This represents the systematic allocation of the cost of tangible and intangible utility assets over their useful lives. It reflects the capital-intensive nature of the utility business and the ongoing investment in grid modernization and generation assets.