Other
Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Percent
CMS Energy Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Percent increased by 23.2% to 6.9% in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026Apr 28, 2026
How to read this metric
An increase suggests a higher reliance on or success in capturing energy-specific tax benefits relative to total earnings.
Detailed definition
The impact of energy-related tax credits expressed as a percentage of pre-tax income. This measures the relative effecti...
Peer comparison
Used by analysts to compare the tax-efficiency of energy transition strategies across the utility sector.
Metric ID:
other_effective_income_tax_rate_reconciliation_tax_credi_d8914bHistorical Data
2 periods
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | 5.6% | 6.9% |
| QoQ Change | — | +23.2% |
| YoY Change | — | +23.2% |
Range5.6% – 6.9%
Avg YoY Growth+23.2%
Median YoY Growth+23.2%
Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Percent at Other Companies
Frequently Asked Questions
- What is CMS Energy's effective income tax rate reconciliation, tax credit, energy-related, percent?
- CMS Energy (CMS) reported effective income tax rate reconciliation, tax credit, energy-related, percent of 6.9% in Q1 2026.
- What does effective income tax rate reconciliation, tax credit, energy-related, percent mean?
- The percentage reduction in the effective tax rate attributable to energy-related tax credits.