Company / Capital Expenditures
CMS Energy Capital Expenditures History
FY2016-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$2.4B
FY2022
5-year range
$2.1B / $2.4B
FY2018-FY2022
Trend
+14.4%
vs FY2021
Sector context
#29 of 60
Utilities
What the data says
At $2.4B, CMS Energy's capital expenditures ranks #29 of 60 in the Utilities sector. Capital Expenditures has fluctuated over the past 7 years, ranging from $1.7B in FY2017 to $2.4B in FY2022.
Based on SEC 10-K filings.
$2.4B in FY2022 with a 5-year CAGR of +7.4%.
Improved from $2.3B to $2.4B over the past 2 years.
Utilities sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +4.2%
- 5-Year CAGR
- +7.4%
- 10-Year CAGR
- -
Sector benchmark
#29 of 60 in UtilitiesTop 48% of 60This company $2.4B Sector average $3.1B
▼
-24.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.4%, indicating consistent growth.
- In FY2022, capital expenditures increased 14.4% year-over-year.
- Ranks #29 out of 60 companies in the Utilities sector.
- Lowest capital expenditures in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.52 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | $2.4B | +14.4% |
| FY2021 | $2.1B | -10.2% |
| FY2020 | $2.3B | +10.2% |
| FY2019 | $2.1B | +1.1% |
| FY2018 | $2.1B | +24.6% |
| FY2017 | $1.7B | -0.4% |
| FY2016 | $1.7B | +6.9% |
As of FY2022 · SEC 10-K · Updated Feb 28, 2026