CMS Energy CMS Electric Utility — Income Tax

Other segment segments

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AWR

AWRElectric: — Income Tax

$884K-15.6%

NFGUtility — Income Tax

$18M+7.9%

DUKElectric Utilitiesand Infrastructure — Income Tax Expense From Continuing Operations

$200M-6.5%

OTT

OTTRElectric — Income Tax Expense (Benefit)

-$5.18M-29.3%

MGEEElectric — Income Tax Expense Benefit

-$2.98M-56.7%

UGIUtilities — Income Tax Expense (Benefit)

$49M-2.0%

Questions, answered.

What is CMS Energy's electric utility — income tax?

CMS Energy (CMS) reported electric utility — income tax of $29M in Q1 2026.

How has CMS Energy's electric utility — income tax changed year-over-year?

CMS Energy's electric utility — income tax increased by 26.1% year-over-year, from $23M to $29M.

What is the long-term trend for CMS Energy's electric utility — income tax?

Over 4 years (2021 to 2025), CMS Energy's electric utility — income tax has grown at a 6.4% compound annual growth rate (CAGR), from $117M to $150M.

What does electric utility — income tax mean?

The total income tax provision allocated to the electric utility segment based on its pre-tax earnings. This reflects the tax burden associated with the segment's regulated operations and jurisdictional tax obligations. Changes in this metric often correlate with shifts in statutory tax rates or the segment's taxable income levels.