Cms Energy (CMS) Tax Provisions (2009 - 2026)
Cms Energy (CMS) reported Tax Provisions of -$22 million for Q3 2026, compared with $68 million a year earlier.
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Analysis
Cms Energy (CMS) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cms Energy's Tax Provisions came in at $149 million, down 38.9% year-over-year; for FY2025, it came in at $246 million, up 39.8% from FY2024.
- Tax Provisions has increased for three consecutive years, with a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- By year, Tax Provisions came in at $176 million in FY2024 (+19.7%), $147 million in FY2023 (+58.1%), $93 million in FY2022 (-2.1%) and $95 million in FY2021 (-17.4%).
- The Q3 2026 figure ranks as the lowest quarterly Tax Provisions in data going back to Q2 2009.
- Year over year, Tax Provisions gained in five of the last seven quarters, with growth averaging 27.2%.
- The high point for year-over-year Tax Provisions in five years was Q4 2022 (growth of 320.0%); the low point was Q4 2021 (a decline of 81.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $33 million (Q2 2026), $85 million (Q1 2026) and $53 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 662.00 Mn |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 187.00 Mn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 160.00 Mn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 125.00 Mn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 122.00 Mn |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 278.66 Mn |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 112.00 Mn |
| 10 | Cms Energy | 21.61 Bn | 20.23 Bn | 1.54 Bn | -22.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -22.00 Mn |
| Jun 30, 2026 | 33.00 Mn |
| Mar 31, 2026 | 85.00 Mn |
| Dec 31, 2025 | 53.00 Mn |
| Sep 30, 2025 | 68.00 Mn |
| Jun 30, 2025 | 62.00 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Dec 31, 2024 | 51.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 41.00 Mn |
| Mar 31, 2024 | 58.00 Mn |
| Dec 31, 2023 | 66.00 Mn |
| Sep 30, 2023 | 11.00 Mn |
| Jun 30, 2023 | 41.00 Mn |
| Mar 31, 2023 | 29.00 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 19.00 Mn |
| Jun 30, 2022 | 14.00 Mn |
| Mar 31, 2022 | 39.00 Mn |
| Dec 31, 2021 | 5.00 Mn |
API Access
Cms Energy Tax Provisions 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=tax-provisions&ticker=CMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=CMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();