Growth Metrics

Cms Energy (CMS-PC) Capital Expenditures (2009 - 2026)

Cms Energy posted quarterly Capital Expenditures of $1.0 billion for Q1 2026, up 17.0% year-on-year from $888.0 million in Q1 2025, and up 1267.11% on a QoQ basis from $76.0 million in Q4 2025.

Cms Energy (CMS-PC) has 18 years of Capital Expenditures data on file, last reported at $1.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 17.0% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $813.0 million (down 34.91% YoY), and the FY2025 full-year result was $662.0 million, up 28.05% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $1.0 billion, up from $76.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $1.8 billion in Q3 2024 and bottomed at -$1.6 billion in Q4 2024.
  • The 5-year median for Capital Expenditures is $80.0 million (2023), against an average of $167.8 million.
  • The widest annual swing landed in 2024, when Capital Expenditures tumbled 52666.67%; it then jumped 469.23% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at $1.0 million in 2022, then tumbled by 400.0% to -$3.0 million in 2023, then sank by 52666.67% to -$1.6 billion in 2024, then surged by 104.8% to $76.0 million in 2025, then jumped by 1267.11% to $1.0 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.0 billion (Q1 2026), $76.0 million (Q4 2025), and $49.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Fortis 655.52 Bn 655.26 Bn 1.70 Bn -1.10 Bn
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 58.83 Bn 63.03 Bn 4.03 Bn 7.00 Mn
4 Xcel Energy 49.61 Bn 47.71 Bn 3.35 Bn 1.32 Bn
5 Wec Energy 36.16 Bn 36.52 Bn 2.83 Bn -
6 Ameren 29.85 Bn 29.97 Bn 1.69 Bn 1.57 Bn
7 Korea Electric Power 29.21 Bn 14.45 Bn - -
8 Energy Co Of Parana 27.11 Bn 26.46 Bn - -
9 Edison International 26.93 Bn 26.77 Bn 3.85 Bn 1.89 Bn
10 Cms Energy - - 2.28 Bn 1.04 Bn

Historic Data

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DateValue
Mar 31, 2026 1.04 Bn
Mar 31, 2026 1.04 Bn
Dec 31, 2025 76.00 Mn
Dec 31, 2025 76.00 Mn
Sep 30, 2025 49.00 Mn
Sep 30, 2025 49.00 Mn
Jun 30, 2025 -351.00 Mn
Jun 30, 2025 -351.00 Mn
Mar 31, 2025 888.00 Mn
Mar 31, 2025 888.00 Mn
Dec 31, 2024 -1.58 Bn
Dec 31, 2024 -1.58 Bn
Sep 30, 2024 1.84 Bn
Sep 30, 2024 1.84 Bn
Jun 30, 2024 103.00 Mn
Jun 30, 2024 103.00 Mn
Mar 31, 2024 156.00 Mn
Mar 31, 2024 156.00 Mn
Dec 31, 2023 -3.00 Mn
Dec 31, 2023 -3.00 Mn
Jun 30, 2023 84.00 Mn
Jun 30, 2023 84.00 Mn
Mar 31, 2023 157.00 Mn
Mar 31, 2023 157.00 Mn
Dec 31, 2022 1.00 Mn
Dec 31, 2022 1.00 Mn
Sep 30, 2022 65.00 Mn
Sep 30, 2022 65.00 Mn
Jun 30, 2022 -358.00 Mn
Jun 30, 2022 -358.00 Mn
Mar 31, 2022 520.00 Mn
Mar 31, 2022 520.00 Mn
Dec 31, 2021 24.00 Mn
Dec 31, 2021 24.00 Mn
Sep 30, 2021 -706.00 Mn
Sep 30, 2021 -706.00 Mn
Jun 30, 2021 442.00 Mn
Jun 30, 2021 442.00 Mn
Mar 31, 2021 436.00 Mn
Mar 31, 2021 436.00 Mn
Dec 31, 2020 2.17 Bn
Dec 31, 2020 2.17 Bn
Sep 30, 2020 -804.00 Mn
Sep 30, 2020 -804.00 Mn
Jun 30, 2020 421.00 Mn
Jun 30, 2020 421.00 Mn
Mar 31, 2020 523.00 Mn
Mar 31, 2020 523.00 Mn
Dec 31, 2019 527.00 Mn
Dec 31, 2019 527.00 Mn
Sep 30, 2019 597.00 Mn
Sep 30, 2019 597.00 Mn
Jun 30, 2019 492.00 Mn
Jun 30, 2019 492.00 Mn
Mar 31, 2019 481.00 Mn
Mar 31, 2019 481.00 Mn
Dec 31, 2018 1.92 Bn
Dec 31, 2018 1.92 Bn
Sep 30, 2018 19.00 Mn
Sep 30, 2018 19.00 Mn
Jun 30, 2018 -282.00 Mn
Jun 30, 2018 -282.00 Mn
Mar 31, 2018 422.00 Mn
Mar 31, 2018 422.00 Mn
Dec 31, 2017 19.00 Mn
Dec 31, 2017 19.00 Mn
Sep 30, 2017 -593.00 Mn
Sep 30, 2017 -593.00 Mn
Jun 30, 2017 634.00 Mn
Jun 30, 2017 634.00 Mn
Mar 31, 2017 112.00 Mn
Mar 31, 2017 112.00 Mn
Dec 31, 2016 -1.09 Bn
Dec 31, 2016 -1.09 Bn
Sep 30, 2016 407.00 Mn
Sep 30, 2016 407.00 Mn
Jun 30, 2016 644.00 Mn
Jun 30, 2016 644.00 Mn
Mar 31, 2016 173.00 Mn
Mar 31, 2016 173.00 Mn
Dec 31, 2015 1.42 Bn
Dec 31, 2015 1.42 Bn
Sep 30, 2015 -1.00 Mn
Sep 30, 2015 -1.00 Mn
Jun 30, 2015 31.00 Mn
Jun 30, 2015 31.00 Mn
Mar 31, 2015 117.00 Mn
Mar 31, 2015 117.00 Mn
Dec 31, 2014 33.00 Mn
Dec 31, 2014 33.00 Mn
Sep 30, 2014 -2.00 Mn
Sep 30, 2014 -2.00 Mn
Jun 30, 2014 -134.00 Mn
Jun 30, 2014 -134.00 Mn
Mar 31, 2014 304.00 Mn
Mar 31, 2014 304.00 Mn
Dec 31, 2013 425.00 Mn
Dec 31, 2013 425.00 Mn
Sep 30, 2013 320.00 Mn
Sep 30, 2013 320.00 Mn
Jun 30, 2013 306.00 Mn
Jun 30, 2013 306.00 Mn
Mar 31, 2013 274.00 Mn
Mar 31, 2013 274.00 Mn
Dec 31, 2012 366.00 Mn
Dec 31, 2012 366.00 Mn
Sep 30, 2012 286.00 Mn
Sep 30, 2012 286.00 Mn
Jun 30, 2012 281.00 Mn
Jun 30, 2012 281.00 Mn
Mar 31, 2012 294.00 Mn
Mar 31, 2012 294.00 Mn
Dec 31, 2011 258.00 Mn
Dec 31, 2011 258.00 Mn
Sep 30, 2011 225.00 Mn
Sep 30, 2011 225.00 Mn
Jun 30, 2011 208.00 Mn
Jun 30, 2011 208.00 Mn
Mar 31, 2011 191.00 Mn
Mar 31, 2011 191.00 Mn
Dec 31, 2010 210.00 Mn
Dec 31, 2010 210.00 Mn
Sep 30, 2010 187.00 Mn
Sep 30, 2010 187.00 Mn
Jun 30, 2010 234.00 Mn
Jun 30, 2010 234.00 Mn
Mar 31, 2010 190.00 Mn
Mar 31, 2010 190.00 Mn
Dec 31, 2009 -602.00 Mn
Dec 31, 2009 -602.00 Mn
Sep 30, 2009 208.00 Mn
Sep 30, 2009 208.00 Mn