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CMS Energy CMS Plant, property, and equipment, gross

Plant, property, and equipment, gross at other companies

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Segments

By segment

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Electric Utility$22.25B+9.4%
Gas Utility$14.37B+7.2%
NorthStar Clean Energy$1.67B+11.2%
Independent power production$1.59B+9.2%
Other$3M+200%

Other financials

Income statement

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Revenue$2.7B+11.6%
Operating income$490.0M-0.8%
Net income$340.0M+11.8%
EPS (diluted)$1.10+8.9%

Balance sheet

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Cash & equivalents$263.0M-50.0%
Total debt$19.1B+12.7%
Total equity$9.5B+13.6%
Total assets$40.3B+11.0%

Cash flow

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Operating cash flow$705.0M-29.5%
CapEx$1.0B+17.0%
Free cash flow-$334.0M-398%

Valuation

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Market cap$23.63B+16.1%
Enterprise value$42.49B+13.5%
P/E21.4×+1.4×
P/S2.7×+0.1×

Profitability

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Operating margin19.5%-0.6pp
Net margin12.5%-0.6pp
FCF margin12.8%-8.1pp

Returns & leverage

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Return on equity12.4%-0.1pp
Debt / equity0.0×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by CMS Energy in its filing.

Tagged under the XBRL concept cms:PropertyPlantAndEquipmentGrossExcludingCWIP.

The official record: CMS Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CMS Energy's plant, property, and equipment, gross?
CMS Energy (CMS) reported plant, property, and equipment, gross of $38.32B in Q1 2026.
How has CMS Energy's plant, property, and equipment, gross changed year-over-year?
CMS Energy's plant, property, and equipment, gross increased by 8.6% year-over-year, from $35.28B to $38.32B.
What is the long-term trend for CMS Energy's plant, property, and equipment, gross?
Over 5 years (2020 to 2025), CMS Energy's plant, property, and equipment, gross has grown at a 6.3% compound annual growth rate (CAGR), from $27.87B to $37.76B.
What does plant, property, and equipment, gross mean?
This represents the total historical cost of all tangible long-lived assets, such as power plants, distribution lines, and facilities, before accounting for depreciation. It reflects the total capital investment made by the company to build its infrastructure. For utilities, this is a key measure of the scale and reach of the physical network.