Cms Energy (CMSD) Capital Expenditures (2009 - 2026)

Cms Energy (CMSD) reported Capital Expenditures of $1.0 billion for Q1 2026, up 17.0% on a YoY basis from $888.0 million in Q1 2025, and up 1267.11% quarter-over-quarter from $76.0 million in Q4 2025.

Cms Energy (CMSD) Capital Expenditures (2009 - 2026) Analysis & Trends

Cms Energy has reported Capital Expenditures for 18 years, with the latest figure at $1.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 17.0% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $813.0 million (down 34.91% YoY), and the FY2025 full-year result was $662.0 million, up 28.05% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $1.0 billion, up from $76.0 million in the prior quarter.
  • The five-year high for Capital Expenditures was $1.8 billion in Q3 2024, with the low at -$1.6 billion in Q4 2024.
  • Historically, Capital Expenditures has averaged $167.8 million across 5 years, with a median of $80.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Capital Expenditures sank 52666.67% — and 2025, when it jumped 469.23%.
  • Cms Energy's Capital Expenditures stood at $1.0 million in 2022, then plunged by 400.0% to -$3.0 million in 2023, then slumped by 52666.67% to -$1.6 billion in 2024, then jumped by 104.8% to $76.0 million in 2025, then soared by 1267.11% to $1.0 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.0 billion (Q1 2026), $76.0 million (Q4 2025), and $49.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn -1.10 Bn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 7.00 Mn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 1.32 Bn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn -
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.57 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -10.95 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 1.89 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 412.00 Mn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 1.04 Bn
10 Cms Energy - - 2.28 Bn 1.04 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.04 Bn
Mar 31, 2026 1.04 Bn
Dec 31, 2025 76.00 Mn
Dec 31, 2025 76.00 Mn
Sep 30, 2025 49.00 Mn
Sep 30, 2025 49.00 Mn
Jun 30, 2025 -351.00 Mn
Jun 30, 2025 -351.00 Mn
Mar 31, 2025 888.00 Mn
Mar 31, 2025 888.00 Mn
Dec 31, 2024 -1.58 Bn
Dec 31, 2024 -1.58 Bn
Sep 30, 2024 1.84 Bn
Sep 30, 2024 1.84 Bn
Jun 30, 2024 103.00 Mn
Jun 30, 2024 103.00 Mn
Mar 31, 2024 156.00 Mn
Mar 31, 2024 156.00 Mn
Dec 31, 2023 -3.00 Mn
Dec 31, 2023 -3.00 Mn