Cms Energy (CMS) Non-Current Deferred Tax Liability (2009 - 2026)
Cms Energy's Non-Current Deferred Tax Liability came in at $3.4 billion for Q2 2026, up 10.4% from $3.08 billion a year earlier and up 1.6% from the prior quarter.
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Analysis
Cms Energy (CMS) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
At the end of FY2025, Cms Energy's Non-Current Deferred Tax Liability was $3.25 billion, up 11.2% from FY2024.
- Non-Current Deferred Tax Liability has increased in each of the last eight years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- Going back by year, Non-Current Deferred Tax Liability was $2.93 billion in FY2024 (+11.9%), $2.62 billion in FY2023 (+8.6%), $2.41 billion in FY2022 (+8.9%) and $2.21 billion in FY2021 (+18.6%).
- The Q2 2026 figure represents the highest quarterly Non-Current Deferred Tax Liability in data going back to Q4 2009.
- Year-over-year, Non-Current Deferred Tax Liability has increased for 31 consecutive quarters, with growth averaging 11.4% over the last eight quarters.
- The year-over-year growth in Non-Current Deferred Tax Liability has ranged between 5.9% (Q1 2023) and 20.2% (Q1 2022) over the last five years.
- Business Quant data shows CMS's Non-Current Deferred Tax Liability at $3.35 billion (Q1 2026), $3.25 billion (Q4 2025) and $3.17 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn |
| 10 | Cms Energy | 21.61 Bn | 20.23 Bn | 1.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.31 Bn |
| Jun 30, 2026 | 3.40 Bn |
| Mar 31, 2026 | 3.35 Bn |
| Dec 31, 2025 | 3.25 Bn |
| Sep 30, 2025 | 3.17 Bn |
| Jun 30, 2025 | 3.08 Bn |
| Mar 31, 2025 | 3.00 Bn |
| Dec 31, 2024 | 2.93 Bn |
| Sep 30, 2024 | 2.84 Bn |
| Jun 30, 2024 | 2.79 Bn |
| Mar 31, 2024 | 2.68 Bn |
| Dec 31, 2023 | 2.62 Bn |
| Sep 30, 2023 | 2.54 Bn |
| Jun 30, 2023 | 2.50 Bn |
| Mar 31, 2023 | 2.45 Bn |
| Dec 31, 2022 | 2.41 Bn |
| Sep 30, 2022 | 2.37 Bn |
| Jun 30, 2022 | 2.33 Bn |
| Mar 31, 2022 | 2.32 Bn |
| Dec 31, 2021 | 2.21 Bn |
API Access
Cms Energy Non-Current Deferred Tax Liability 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-deferred-tax-liability&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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-deferred-tax-liability&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();