Cms Energy (CMS) Raw Materials (2009 - 2026)
Cms Energy (CMS) recorded Raw Materials of $345 million in Q2 2026, up 13.1% from $305 million a year earlier and up 2.1% from the prior quarter.
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Analysis
Cms Energy (CMS) Raw Materials (2009 - 2026) Analysis & Trends
At the end of FY2025, Cms Energy reported Raw Materials of $329 million, up 10.0% from FY2024.
- Annual Raw Materials has increased for six straight years, with a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- Across earlier years, Raw Materials came in at $299 million in FY2024 (+12.0%), $267 million in FY2023 (+25.9%), $212 million in FY2022 (+26.2%) and $168 million in FY2021 (+8.4%).
- The Q2 2026 figure is the highest quarterly Raw Materials in data going back to Q4 2009.
- On a year-over-year basis, Raw Materials has increased for 25 consecutive quarters, with growth averaging 10.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Raw Materials ran from 4.4% in Q3 2025 to 32.6% in Q2 2023.
- Per Business Quant, the preceding three quarters came in at $338 million (Q1 2026), $329 million (Q4 2025) and $307 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - |
| 10 | Cms Energy | 19.78 Bn | 19.12 Bn | 1.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 345.00 Mn |
| Mar 31, 2026 | 338.00 Mn |
| Dec 31, 2025 | 329.00 Mn |
| Sep 30, 2025 | 307.00 Mn |
| Jun 30, 2025 | 305.00 Mn |
| Mar 31, 2025 | 310.00 Mn |
| Dec 31, 2024 | 299.00 Mn |
| Sep 30, 2024 | 294.00 Mn |
| Jun 30, 2024 | 280.00 Mn |
| Mar 31, 2024 | 273.00 Mn |
| Dec 31, 2023 | 267.00 Mn |
| Sep 30, 2023 | 255.00 Mn |
| Jun 30, 2023 | 244.00 Mn |
| Mar 31, 2023 | 228.00 Mn |
| Dec 31, 2022 | 212.00 Mn |
| Sep 30, 2022 | 196.00 Mn |
| Jun 30, 2022 | 184.00 Mn |
| Mar 31, 2022 | 174.00 Mn |
| Dec 31, 2021 | 168.00 Mn |
| Sep 30, 2021 | 173.00 Mn |
API Access
Cms Energy Raw Materials 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=raw-materials&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();