Business Segments · Total Assets

Gas Utility — Total Assets

CMS Energy Gas Utility — Total Assets decreased by 1.4% to $14.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $13.07B to $14.03B. Over 4 years (FY 2021 to FY 2025), Gas Utility — Total Assets shows an upward trend with a 8.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026
Rolls up toTotal Assets

How to read this metric

An increasing trend suggests asset growth and potential for future revenue expansion through rate base increases.

Detailed definition

The sum of all assets, including property, plant, equipment, and current assets, controlled by the gas utility segment....

Peer comparison

Standard balance sheet metric for utility segments, comparable across the industry.

Metric ID: cms_segment_gas_utility_total_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.52B$10.02B$10.56B$10.38B$10.77B$11.55B$11.92B$11.55B$11.60B$11.98B$12.40B$12.35B$12.51B$12.85B$13.29B$13.07B$13.43B$13.76B$14.23B$14.03B
QoQ Change+5.2%+5.5%-1.7%+3.8%+7.2%+3.2%-3.1%+0.4%+3.3%+3.5%-0.4%+1.3%+2.7%+3.4%-1.7%+2.8%+2.5%+3.4%-1.4%
YoY Change+13.2%+15.3%+12.8%+11.3%+7.7%+3.8%+4.0%+6.9%+7.9%+7.3%+7.2%+5.8%+7.3%+7.1%+7.1%+7.4%
Range$9.52B$14.23B
CAGR+8.5%
Avg YoY Growth+8.2%
Median YoY Growth+7.3%

Frequently Asked Questions

What is CMS Energy's gas utility — total assets?
CMS Energy (CMS) reported gas utility — total assets of $14.03B in Q1 2026.
How has CMS Energy's gas utility — total assets changed year-over-year?
CMS Energy's gas utility — total assets increased by 7.4% year-over-year, from $13.07B to $14.03B.
What is the long-term trend for CMS Energy's gas utility — total assets?
Over 4 years (2021 to 2025), CMS Energy's gas utility — total assets has grown at a 8.4% compound annual growth rate (CAGR), from $39.39B to $54.49B.
What does gas utility — total assets mean?
The total value of all assets held by the gas utility segment.