Cms Energy (CMSA) Debt to Equity (2009 - 2026)
Cms Energy (CMSA) reported Debt to Equity of $1.99 for Q1 2026, up 5.23% on a YoY basis from $1.89 in Q1 2025, and down 5.5% quarter-over-quarter from $2.1 in Q4 2025.
Cms Energy (CMSA) Debt to Equity (2009 - 2026) Analysis & Trends
Cms Energy has reported Debt to Equity for 18 years, with the latest figure at $1.99 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 5.23% year-over-year to $1.99; the trailing twelve-month figure through Mar 2026 stood at $1.99 (up 5.23% YoY), and the FY2025 full-year result was $2.1, up 12.28% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.99, down from $2.1 in the prior quarter.
- The five-year high for Debt to Equity was $2.1 in Q4 2025, with the low at $1.56 in Q2 2022.
- Historically, Debt to Equity has averaged $1.88 across 5 years, with a median of $1.88 in 2023.
- Annual changes were most pronounced in 2022 — Debt to Equity slumped 31.89% — and 2023, when it advanced 25.03%.
- Cms Energy's Debt to Equity stood at $1.87 in 2022, then rose by 1.81% to $1.91 in 2023, then declined by 1.72% to $1.87 in 2024, then gained by 12.28% to $2.1 in 2025, then dropped by 5.5% to $1.99 in 2026.
- The last three Debt to Equity figures came in at $1.99 (Q1 2026), $2.1 (Q4 2025), and $1.9 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 1.44 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 1.51 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 1.52 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 1.49 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 2.63 |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 1.97 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 1.90 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 1.99 |
| 10 | Cms Energy | - | - | 2.28 Bn | 1.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.99 |
| Dec 31, 2025 | 2.10 |
| Sep 30, 2025 | 1.90 |
| Jun 30, 2025 | 2.00 |
| Mar 31, 2025 | 1.89 |
| Dec 31, 2024 | 1.87 |
| Sep 30, 2024 | 1.86 |
| Jun 30, 2024 | 1.84 |
| Mar 31, 2024 | 1.85 |
| Dec 31, 2023 | 1.91 |
| Sep 30, 2023 | 1.95 |
| Jun 30, 2023 | 1.95 |
| Mar 31, 2023 | 1.88 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 1.82 |
| Jun 30, 2022 | 1.56 |
| Mar 31, 2022 | 1.63 |
| Dec 31, 2021 | 1.68 |
| Sep 30, 2021 | 1.90 |
| Jun 30, 2021 | 1.93 |