Cms Energy (CMS) Construction in Progress (2009 - 2026)
Cms Energy's (CMS) quarterly Construction in Progress came in at $3.6 billion in Q1 2026, up 48.51% year-on-year from $2.4 billion in Q1 2025, and up 17.76% quarter-over-quarter from $3.1 billion in Q4 2025.
Cms Energy (CMS) Construction in Progress (2009 - 2026) Analysis & Trends
Cms Energy's Construction in Progress history runs 18 years deep, the most recent figure standing at $3.6 billion for Q1 2026.
- On a quarterly basis, Construction in Progress rose 48.51% year-over-year to $3.6 billion in Q1 2026; TTM through Mar 2026 was $3.6 billion, a 48.51% increase from a year earlier, with the FY2025 full-year figure at $3.1 billion, up 45.47% from the prior year.
- Construction in Progress grew to $3.6 billion in Q1 2026 per CMS's latest filing, from $3.1 billion in the prior quarter.
- Across five years, Construction in Progress topped out at $3.6 billion in Q1 2026 and bottomed at $884.0 million in Q1 2022.
- The 5-year median for Construction in Progress is $1.4 billion (2023), against an average of $1.8 billion.
- Across the five-year window, Construction in Progress fell 20.14% in 2023 and soared 130.48% in 2025, its largest moves.
- Year by year, Construction in Progress stood at $1.2 billion in 2022, then retreated by 20.14% to $944.0 million in 2023, then soared by 122.25% to $2.1 billion in 2024, then surged by 45.47% to $3.1 billion in 2025, then gained by 17.76% to $3.6 billion in 2026.
- Per Business Quant, the three latest CMS Construction in Progress figures stand at $3.6 billion (Q1 2026), $3.1 billion (Q4 2025), and $3.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | - |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 9.44 Bn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | - |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | - |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 6.72 Bn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 3.91 Bn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 3.59 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.59 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Sep 30, 2025 | 3.16 Bn |
| Jun 30, 2025 | 2.75 Bn |
| Mar 31, 2025 | 2.42 Bn |
| Dec 31, 2024 | 2.10 Bn |
| Sep 30, 2024 | 1.83 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 944.00 Mn |
| Sep 30, 2023 | 1.63 Bn |
| Jun 30, 2023 | 1.41 Bn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.18 Bn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 912.00 Mn |
| Mar 31, 2022 | 884.00 Mn |
| Dec 31, 2021 | 961.00 Mn |
| Sep 30, 2021 | 973.00 Mn |
| Jun 30, 2021 | 832.00 Mn |