Cms Energy (CMS) Non-Current Debt (2009 - 2026)
Cms Energy (CMS) reported Non-Current Debt of $18.17 billion for Q2 2026, up 8.3% from $16.78 billion a year earlier and up 4.1% from the prior quarter.
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Analysis
Cms Energy (CMS) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Cms Energy posted Non-Current Debt of $17.81 billion, up 17.2% from FY2024.
- Non-Current Debt has increased for five consecutive years, with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $15.19 billion in FY2024 (+4.7%), $14.51 billion in FY2023 (+10.6%), $13.12 billion in FY2022 (+8.9%) and $12.05 billion in FY2021 (+2.6%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Debt in data going back to Q4 2009.
- Year over year, Non-Current Debt has now increased in each of the last 16 quarters, with growth averaging 9.6% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q2 2023 (growth of 19.4%); the low point was Q1 2022 (a decline of 11.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.46 billion (Q1 2026), $17.81 billion (Q4 2025) and $16.77 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | -5.26 Bn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 46.72 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 35.95 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 19.22 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 19.06 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 23.53 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 9.75 Bn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 14.05 Bn |
| 10 | Cms Energy | 19.78 Bn | 19.12 Bn | 1.27 Bn | 18.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.17 Bn |
| Mar 31, 2026 | 17.46 Bn |
| Dec 31, 2025 | 17.81 Bn |
| Sep 30, 2025 | 16.77 Bn |
| Jun 30, 2025 | 16.78 Bn |
| Mar 31, 2025 | 16.15 Bn |
| Dec 31, 2024 | 15.19 Bn |
| Sep 30, 2024 | 15.55 Bn |
| Jun 30, 2024 | 14.92 Bn |
| Mar 31, 2024 | 14.97 Bn |
| Dec 31, 2023 | 14.51 Bn |
| Sep 30, 2023 | 14.11 Bn |
| Jun 30, 2023 | 13.93 Bn |
| Mar 31, 2023 | 12.99 Bn |
| Dec 31, 2022 | 13.12 Bn |
| Sep 30, 2022 | 12.69 Bn |
| Jun 30, 2022 | 11.67 Bn |
| Mar 31, 2022 | 12.05 Bn |
| Dec 31, 2021 | 12.05 Bn |
| Sep 30, 2021 | 12.03 Bn |
API Access
Cms Energy Non-Current Debt 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=non-current-debt&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();