Other
Property, plant and equipment
CMS Energy Property, plant and equipment increased by 9.7% to $193.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $176.00M to $193.00M. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment shows a downward trend with a -10.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026
How to read this metric
Growth indicates capital investment in physical infrastructure, while a decline may suggest asset divestiture or aging.
Detailed definition
This represents the gross book value of property, plant, and equipment (PP&E) before accounting for accumulated deprecia...
Peer comparison
Standard PP&E disclosure; comparable across all capital-intensive industries.
Metric ID:
other_finance_lease_right_of_use_asset_before_accumulate_aa9ce0Historical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $332.00M | $170.00M | $136.00M | $176.00M | $193.00M |
| QoQ Change | — | -48.8% | -20.0% | +29.4% | +9.7% |
| YoY Change | — | -48.8% | -20.0% | +29.4% | +9.7% |
Range$136.00M – $332.00M
CAGR-41.9%
Avg YoY Growth-7.4%
Median YoY Growth-5.2%
Current Streak2 quarters growth
Business Segments
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|
| NorthStar Clean Energy | $24.00M | $24.00M | $45.00M | $55.00M |
| Total | $170.00M | $136.00M | $176.00M | $193.00M |
Property, plant and equipment at Other Companies
Frequently Asked Questions
- What is CMS Energy's property, plant and equipment?
- CMS Energy (CMS) reported property, plant and equipment of $193.00M in Q4 2025.
- How has CMS Energy's property, plant and equipment changed year-over-year?
- CMS Energy's property, plant and equipment increased by 9.7% year-over-year, from $176.00M to $193.00M.
- What is the long-term trend for CMS Energy's property, plant and equipment?
- Over 5 years (2020 to 2025), CMS Energy's property, plant and equipment has grown at a -10.5% compound annual growth rate (CAGR), from $336.00M to $193.00M.
- What does property, plant and equipment mean?
- The total historical cost of physical assets before subtracting depreciation.