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 462,466.01 Bn 462,465.75 Bn 1.70 Bn -
2 Dominion Energy 62.56 Bn 62.21 Bn - -
3 Xcel Energy 50.90 Bn 49.14 Bn 4.02 Bn 9.44 Bn
4 Wec Energy 37.46 Bn 37.42 Bn 2.04 Bn -
5 Energy Co Of Parana 34.16 Bn 33.50 Bn - -
6 Ameren 31.33 Bn 31.32 Bn - -
7 Edison International 30.55 Bn 30.39 Bn - 6.72 Bn
8 Firstenergy 28.73 Bn 28.65 Bn 2.74 Bn 3.91 Bn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.89 Bn 22.80 Bn 2.28 Bn 3.59 Bn

Historic Data

Download Data
DateValue
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