Cms Energy (CMS) Construction in Progress (2009 - 2026)
Cms Energy (CMS) reported Construction in Progress of $3.6 billion for Q2 2026, up 30.8% from $2.75 billion a year earlier and up 0.1% from the prior quarter.
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Analysis
Cms Energy (CMS) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Cms Energy posted Construction in Progress of $3.05 billion, up 45.5% from FY2024.
- Construction in Progress has a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- By year, Construction in Progress came in at $2.1 billion in FY2024 (+122.2%), $944 million in FY2023 (-20.1%), $1.18 billion in FY2022 (+23.0%) and $961 million in FY2021 (-11.4%).
- The Q2 2026 figure ranks as the highest quarterly Construction in Progress in data going back to Q4 2009.
- Year over year, Construction in Progress has now increased in each of the last eight quarters, with growth averaging 70.7% over the last eight quarters.
- The high point for year-over-year Construction in Progress in five years was Q1 2025 (growth of 130.5%); the low point was Q3 2021 (a decline of 32.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.59 billion (Q1 2026), $3.05 billion (Q4 2025) and $3.16 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 9.84 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | - |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | - |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | - |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | - |
| 10 | Cms Energy | 19.78 Bn | 19.12 Bn | 1.27 Bn | 3.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.60 Bn |
| 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 |
API Access
Cms Energy Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "CMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();