CMS (CMS Energy) Accounts Payable: $1,231 Mil (As of Mar. 2026)


CMS CMS Energy Corp CMS
74 GF Score
Price $77.63
GF Value $76.06
Valuation Fairly Valued
! 11 Warning Signs
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What is CMS Energy Accounts Payable?

CMS Energy CMS -0.39% 74 Accounts Payable is $1,231 Mil as of Mar. 2026. GuruFocus rates CMS with a GF Score™ of 74/100 and a GF Value™ of $76.06 (Fairly Valued). The stock has 11 warning signs investors should review.

CMS Energy's Accounts Payable for the quarter that ended in Mar. 2026 was $1,231 Mil.

CMS Energy's quarterly Accounts Payable increased from Sep. 2025 ($1,141 Mil) to Dec. 2025 ($1,395 Mil) but then declined from Dec. 2025 ($1,395 Mil) to Mar. 2026 ($1,231 Mil).

CMS Energy's annual Accounts Payable increased from Dec. 2023 ($802 Mil) to Dec. 2024 ($1,085 Mil) and increased from Dec. 2024 ($1,085 Mil) to Dec. 2025 ($1,395 Mil).

CMS Energy Accounts Payable Historical Data

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The historical data trend for CMS Energy's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CMS Energy Accounts Payable Chart

CMS Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 875.00 928.00 802.00 1,085.00 1,395.00

CMS Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 943.00 1,139.00 1,141.00 1,395.00 1,231.00
CMS
74GF Score
CMS Energy Corp CMS
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CMS Energy Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1,231 Mil mean?
CMS Energy (CMS) has a Accounts Payable of $1,231 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on CMS Energy and its competitors.
Is CMS Energy's Accounts Payable too high?
CMS Energy's current Accounts Payable is $1,231 Mil. Overall, CMS Energy has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Accounts Payable compare to ES and PPL?
CMS Energy's Accounts Payable of $1,231 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Utilities - Regulated company?
A good Accounts Payable depends on the Utilities - Regulated industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on CMS Energy and its competitors. CMS Energy's current Accounts Payable is $1,231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $76.06, compared to a current price of $77.63 — trading 2.1% above its estimated fair value. The current Accounts Payable is $1,231 Mil. CMS Energy's overall GF Score™ is 74/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For CMS Energy (CMS), the current Accounts Payable is $1,231 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMS Energy (CMS) Overvalued in 2026?

Based on GuruFocus' analysis, CMS Energy stock appears to be overvalued. The current stock price of $77.63 is trading 2.1% above its estimated GF Value™ of $76.06. GuruFocus considers CMS Energy to be Fairly Valued.

Key valuation signals for CMS:

  • Accounts Payable: $1,231 Mil
  • GF Value™: $76.06 vs. price of $77.63 (2.1% above fair value)
  • GF Score™: 74/100 with 11 warning signs

No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CMS Energy Business Description

Address One Energy Plaza, Jackson, MI, USA, 49201
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
74GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$77.63
Price
$76.06
GF Value