Discontinued — last reported Q4 '22
Business Segments · Property, Plant and Equipment, Additions
Gas Utility — Property, Plant and Equipment, Additions
CMS Energy Gas Utility — Property, Plant and Equipment, Additions remained flat by 0.0% to $252.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $247.25M to $252.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2022Feb 9, 2023
Rolls up toProperty, Plant and Equipment, Additions
How to read this metric
Higher additions indicate active expansion and modernization of the utility network.
Detailed definition
Captures the value of new assets placed into service or under construction within the gas utility segment during the rep...
Peer comparison
Comparable to capital expenditure metrics but specifically focuses on the asset base growth.
Metric ID:
cms_segment_gas_utility_property_plant_and_equipment_additionsHistorical Data
2 years
| FY'21 | FY'22 | |
|---|---|---|
| Value | $989.00M | $1.01B |
| YoY Change | — | +1.9% |
Range$989.00M – $1.01B
Avg YoY Growth+1.9%
Median YoY Growth+1.9%
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Frequently Asked Questions
- What is CMS Energy's gas utility — property, plant and equipment, additions?
- CMS Energy (CMS) reported gas utility — property, plant and equipment, additions of $252.00M in Q4 2022.
- How has CMS Energy's gas utility — property, plant and equipment, additions changed year-over-year?
- CMS Energy's gas utility — property, plant and equipment, additions increased by 1.9% year-over-year, from $247.25M to $252.00M.
- What does gas utility — property, plant and equipment, additions mean?
- The value of new infrastructure assets added to the gas utility's operations.