Cms Energy (CMS) Regulatory Liabilities (Current) (2009 - 2026)
Cms Energy (CMS) recorded Regulatory Liabilities (Current) of $96 million in Q2 2026, up 3.2% from $93 million a year earlier and up 10.3% from the prior quarter.
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Analysis
Cms Energy (CMS) Regulatory Liabilities (Current) (2009 - 2026) Analysis & Trends
At the end of FY2025, Cms Energy reported Regulatory Liabilities (Current) of $85 million, down 23.4% from FY2024.
- Annual Regulatory Liabilities (Current) has a five-year compound annual growth rate of -10.9% (FY2020 to FY2025).
- Across earlier years, Regulatory Liabilities (Current) came in at $111 million in FY2024 (+98.2%), $56 million in FY2023 (-46.2%), $104 million in FY2022 (-28.8%) and $146 million in FY2021 (-3.3%).
- The Q2 2026 figure is the highest quarterly Regulatory Liabilities (Current) since Q1 2025.
- On a year-over-year basis, Regulatory Liabilities (Current) rose in four of the last eight quarters, with growth averaging 14.4%.
- Peak year-over-year performance for Regulatory Liabilities (Current) in the last five years was growth of 176.8% in Q3 2021, against a decline of 64.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $87 million (Q1 2026), $85 million (Q4 2025) and $89 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Liabilities (Current) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 489.00 Mn |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 1.42 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 | - | 609.00 Mn |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 3.00 Mn |
| 10 | Cms Energy | 21.61 Bn | 20.23 Bn | 1.54 Bn | 95.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 95.00 Mn |
| Jun 30, 2026 | 96.00 Mn |
| Mar 31, 2026 | 87.00 Mn |
| Dec 31, 2025 | 85.00 Mn |
| Sep 30, 2025 | 89.00 Mn |
| Jun 30, 2025 | 93.00 Mn |
| Mar 31, 2025 | 99.00 Mn |
| Dec 31, 2024 | 111.00 Mn |
| Sep 30, 2024 | 120.00 Mn |
| Jun 30, 2024 | 120.00 Mn |
| Mar 31, 2024 | 72.00 Mn |
| Dec 31, 2023 | 56.00 Mn |
| Sep 30, 2023 | 75.00 Mn |
| Jun 30, 2023 | 88.00 Mn |
| Mar 31, 2023 | 107.00 Mn |
| Dec 31, 2022 | 104.00 Mn |
| Sep 30, 2022 | 67.00 Mn |
| Jun 30, 2022 | 76.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 146.00 Mn |
API Access
Cms Energy Regulatory Liabilities (Current) 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=regulatory-liabilities-current&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-liabilities-current", "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=regulatory-liabilities-current&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();