Cms Energy (CMS) Invested Capital (2009 - 2026)
Cms Energy's (CMS) quarterly Invested Capital came in at $19.7 billion in Q2 2026, down 26.55% on a YoY basis from $26.9 billion in Q2 2025, and down 32.81% quarter-over-quarter from $29.4 billion in Q1 2026.
Analysis
Cms Energy (CMS) Invested Capital (2009 - 2026) Analysis & Trends
Cms Energy (CMS) has reported Invested Capital for 18 consecutive years, with $19.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 26.55% year-over-year to $19.7 billion; the trailing twelve-month figure through Jun 2026 stood at $19.7 billion (down 26.55% YoY), and the FY2026 full-year result was $29.4 billion, changed N/A from the prior year.
- Invested Capital retreated to $19.7 billion in Q2 2026 per CMS's latest filing, from $29.4 billion in the prior quarter.
- Across five years, Invested Capital topped out at $29.4 billion in Q1 2026 and bottomed at $19.1 billion in Q4 2025.
- Historically, Invested Capital has averaged $23.4 billion across 5 years, with a median of $23.4 billion in 2023.
- The sharpest annual moves came in 2023 and 2026: Invested Capital advanced 14.63% in 2023, then dropped 26.55% in 2026.
- Over 5 years, Invested Capital stood at $21.8 billion in 2022, then grew by 8.56% to $23.7 billion in 2023, then gained by 6.31% to $25.2 billion in 2024, then fell by 24.16% to $19.1 billion in 2025, then advanced by 3.29% to $19.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $19.7 billion, $29.4 billion, and $19.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 290.50 Bn | 290.50 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 55.93 Bn | 59.84 Bn | 3.50 Bn | 86.84 Bn |
| 3 | Xcel Energy | 45.14 Bn | 43.13 Bn | 3.12 Bn | 66.02 Bn |
| 4 | Wec Energy | 33.62 Bn | 33.98 Bn | 1.45 Bn | 37.22 Bn |
| 5 | Ameren | 28.30 Bn | 28.41 Bn | - | 35.62 Bn |
| 6 | Fortis | 27.45 Bn | 28.74 Bn | 1.60 Bn | 45.87 Bn |
| 7 | Firstenergy | 26.18 Bn | 27.48 Bn | 2.51 Bn | 44.28 Bn |
| 8 | Hydro One | 22.32 Bn | 21.93 Bn | - | 23.95 Bn |
| 9 | Edison International | 21.27 Bn | 21.03 Bn | 3.29 Bn | 65.29 Bn |
| 10 | Cms Energy | 20.49 Bn | 20.87 Bn | 3.65 Bn | 19.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.74 Bn |
| Mar 31, 2026 | 29.38 Bn |
| Dec 31, 2025 | 19.11 Bn |
| Sep 30, 2025 | 27.37 Bn |
| Jun 30, 2025 | 26.88 Bn |
| Mar 31, 2025 | 25.78 Bn |
| Dec 31, 2024 | 25.20 Bn |
| Sep 30, 2024 | 24.70 Bn |
| Jun 30, 2024 | 24.23 Bn |
| Mar 31, 2024 | 24.25 Bn |
| Dec 31, 2023 | 23.71 Bn |
| Sep 30, 2023 | 23.16 Bn |
| Jun 30, 2023 | 22.76 Bn |
| Mar 31, 2023 | 22.08 Bn |
| Dec 31, 2022 | 21.84 Bn |
| Sep 30, 2022 | 21.20 Bn |
| Jun 30, 2022 | 19.86 Bn |
| Mar 31, 2022 | 19.84 Bn |
| Dec 31, 2021 | 19.63 Bn |
| Sep 30, 2021 | 19.27 Bn |