Cms Energy CMS
NYSE CMS
$65.33 -0.85 (-1.28%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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