Discontinued — last reported Q4 '25

Business Segments · Net Income (Loss) Attributable to Parent

Electric Utility — Net Income (Loss) Attributable to Parent

CMS Energy Electric Utility — Net Income (Loss) Attributable to Parent decreased by 68.7% to $102.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 27.7%, from $141.00M to $102.00M. Over 3 years (FY 2022 to FY 2025), Electric Utility — Net Income (Loss) Attributable to Parent shows an upward trend with a 8.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2025
Rolls up toNet Income

How to read this metric

An increase indicates improved operational efficiency or higher rate-regulated margins, while a decrease suggests rising costs or regulatory headwinds.

Detailed definition

Represents the portion of the electric utility segment's net earnings that accrues to the parent company after accountin...

Peer comparison

Standard segment profitability metric across all regulated utility holding companies.

Metric ID: cms_segment_electric_utility_net_income_loss_attributable_to_parent

Historical Data

17 periods
 Q2 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$154.00M$142.00M$142.00M$142.00M$142.00M$137.75M$137.75M$137.75M$137.75M$97.00M$171.00M$273.00M$141.00M$124.00M$168.00M$326.00M$102.00M
QoQ Change-7.8%+0.0%+0.0%+0.0%-3.0%+0.0%+0.0%+0.0%-29.6%+76.3%+59.6%-48.4%-12.1%+35.5%+94.0%-68.7%
YoY Change-7.8%-3.0%-3.0%-3.0%-3.0%-29.6%+24.1%+98.2%+2.4%+27.8%-1.8%+19.4%-27.7%
Range$97.00M$326.00M
CAGR-9.8%
Avg YoY Growth+7.2%
Median YoY Growth-3.0%

Frequently Asked Questions

What is CMS Energy's electric utility — net income (loss) attributable to parent?
CMS Energy (CMS) reported electric utility — net income (loss) attributable to parent of $102.00M in Q4 2025.
How has CMS Energy's electric utility — net income (loss) attributable to parent changed year-over-year?
CMS Energy's electric utility — net income (loss) attributable to parent decreased by 27.7% year-over-year, from $141.00M to $102.00M.
What is the long-term trend for CMS Energy's electric utility — net income (loss) attributable to parent?
Over 3 years (2022 to 2025), CMS Energy's electric utility — net income (loss) attributable to parent has grown at a 8.2% compound annual growth rate (CAGR), from $568.00M to $720.00M.
What does electric utility — net income (loss) attributable to parent mean?
The profit earned by the electric utility segment that belongs to the parent company.