Business Segments · Total Costs & Expenses
Gas Utility — Total Costs & Expenses
CMS Energy Gas Utility — Total Costs & Expenses increased by 62.4% to $911.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.4%, from $738.00M to $911.00M. Over 3 years (FY 2022 to FY 2025), Gas Utility — Total Costs & Expenses shows a downward trend with a -7.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toTotal Operating Expenses
How to read this metric
An increase relative to revenue indicates margin compression, while a decrease relative to revenue indicates improved operational efficiency.
Detailed definition
The aggregate of all operating costs, including fuel, maintenance, depreciation, and taxes, required to run the gas util...
Peer comparison
Total operating expense metric used across all utility sectors.
Metric ID:
cms_segment_gas_utility_costs_and_expensesHistorical Data
17 periods
| 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 | $571.50M | $571.50M | $571.50M | $571.50M | $480.50M | $480.50M | $480.50M | $480.50M | $714.00M | $264.00M | $182.00M | $444.00M | $738.00M | $322.00M | $201.00M | $561.00M | $911.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -15.9% | +0.0% | +0.0% | +0.0% | +48.6% | -63.0% | -31.1% | +144.0% | +66.2% | -56.4% | -37.6% | +179.1% | +62.4% |
| YoY Change | — | — | — | — | -15.9% | -15.9% | -15.9% | -15.9% | +48.6% | -45.1% | -62.1% | -7.6% | +3.4% | +22.0% | +10.4% | +26.4% | +23.4% |
Range$182.00M – $911.00M
CAGR+12.4%
Avg YoY Growth-3.4%
Median YoY Growth-7.6%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is CMS Energy's gas utility — total costs & expenses?
- CMS Energy (CMS) reported gas utility — total costs & expenses of $911.00M in Q1 2026.
- How has CMS Energy's gas utility — total costs & expenses changed year-over-year?
- CMS Energy's gas utility — total costs & expenses increased by 23.4% year-over-year, from $738.00M to $911.00M.
- What is the long-term trend for CMS Energy's gas utility — total costs & expenses?
- Over 3 years (2022 to 2025), CMS Energy's gas utility — total costs & expenses has grown at a -7.3% compound annual growth rate (CAGR), from $2.29B to $1.82B.
- What does gas utility — total costs & expenses mean?
- The total operating costs incurred to provide gas utility services.