Cms Energy (CMS-PC) Debt to Equity (2009 - 2026)
Cms Energy posted quarterly Debt to Equity of $1.99 for Q1 2026, up 5.23% year-on-year from $1.89 in Q1 2025, and down 5.5% on a QoQ basis from $2.1 in Q4 2025.
Cms Energy (CMS-PC) has 18 years of Debt to Equity data on file, last reported at $1.99 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 5.23% year-over-year to $1.99; the trailing twelve-month figure through Mar 2026 stood at $1.99 (up 5.23% YoY), and the FY2025 full-year result was $2.1, up 12.28% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.99, down from $2.1 in the prior quarter.
- Across five years, Debt to Equity topped out at $2.1 in Q4 2025 and bottomed at $1.56 in Q2 2022.
- The 5-year median for Debt to Equity is $1.88 (2023), against an average of $1.88.
- The widest annual swing landed in 2022, when Debt to Equity plunged 31.89%; it then advanced 25.03% in 2023.
- A 5-year view of Debt to Equity shows it stood at $1.87 in 2022, then gained by 1.81% to $1.91 in 2023, then fell by 1.72% to $1.87 in 2024, then advanced by 12.28% to $2.1 in 2025, then declined by 5.5% to $1.99 in 2026.
- The last three Debt to Equity figures came in at $1.99 (Q1 2026), $2.1 (Q4 2025), and $1.9 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 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 | 1.44 |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 1.51 |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 1.52 |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 1.49 |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | 2.63 |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | 0.04 |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 1.97 |
| 10 | Cms Energy | - | - | 2.28 Bn | 1.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.99 |
| Dec 31, 2025 | 2.10 |
| Sep 30, 2025 | 1.90 |
| Jun 30, 2025 | 2.00 |
| Mar 31, 2025 | 1.89 |
| Dec 31, 2024 | 1.87 |
| Sep 30, 2024 | 1.86 |
| Jun 30, 2024 | 1.84 |
| Mar 31, 2024 | 1.85 |
| Dec 31, 2023 | 1.91 |
| Sep 30, 2023 | 1.95 |
| Jun 30, 2023 | 1.95 |
| Mar 31, 2023 | 1.88 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 1.82 |
| Jun 30, 2022 | 1.56 |
| Mar 31, 2022 | 1.63 |
| Dec 31, 2021 | 1.68 |
| Sep 30, 2021 | 1.90 |
| Jun 30, 2021 | 1.93 |
| Mar 31, 2021 | 2.39 |
| Dec 31, 2020 | 2.03 |
| Sep 30, 2020 | 2.56 |
| Jun 30, 2020 | 2.56 |
| Mar 31, 2020 | 2.73 |
| Dec 31, 2019 | 2.37 |
| Sep 30, 2019 | 2.41 |
| Jun 30, 2019 | 2.52 |
| Mar 31, 2019 | 2.44 |
| Dec 31, 2018 | 2.42 |
| Sep 30, 2018 | 1.85 |
| Jun 30, 2018 | 1.97 |
| Mar 31, 2018 | 2.22 |
| Dec 31, 2017 | 2.28 |
| Sep 30, 2017 | 1.98 |
| Jun 30, 2017 | 2.21 |
| Mar 31, 2017 | 2.07 |
| Dec 31, 2016 | 2.22 |
| Sep 30, 2016 | 2.26 |
| Jun 30, 2016 | 2.24 |
| Mar 31, 2016 | 1.97 |
| Dec 31, 2015 | 2.29 |
| Sep 30, 2015 | 2.19 |
| Jun 30, 2015 | 2.21 |
| Mar 31, 2015 | 2.12 |
| Dec 31, 2014 | 2.17 |
| Sep 30, 2014 | 2.35 |
| Jun 30, 2014 | 2.16 |
| Mar 31, 2014 | 2.24 |
| Dec 31, 2013 | 2.19 |
| Sep 30, 2013 | 2.21 |
| Jun 30, 2013 | 2.22 |
| Mar 31, 2013 | 2.22 |
| Dec 31, 2012 | 2.24 |
| Sep 30, 2012 | 2.07 |
| Jun 30, 2012 | 1.97 |
| Mar 31, 2012 | 2.00 |
| Dec 31, 2011 | 2.30 |
| Sep 30, 2011 | 2.32 |
| Jun 30, 2011 | 2.43 |
| Mar 31, 2011 | 2.02 |
| Dec 31, 2010 | 2.28 |
| Sep 30, 2010 | 2.46 |
| Dec 31, 2009 | 2.01 |