CMS (CMS Energy) Accumulated Depreciation: $-10,496 Mil (As of Jun. 2026)

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CMS CMS Energy Corp CMS
76 GF Score
Price $71.73
GF Value $75.57
Valuation Fairly Valued
! 10 Warning Signs
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What is CMS Energy Accumulated Depreciation?

CMS Energy CMS -0.01% 76 Accumulated Depreciation is $-10,496 Mil as of Jun. 2026. GuruFocus rates CMS with a GF Score™ of 76/100 and a GF Value™ of $75.57 (Fairly Valued). The stock has 10 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

CMS Energy's quarterly accumulated depreciation increased from Dec. 2025 ($-10,135 Mil) to Mar. 2026 ($-10,384 Mil) and increased from Mar. 2026 ($-10,384 Mil) to Jun. 2026 ($-10,496 Mil).

CMS Energy's annual accumulated depreciation increased from Dec. 2023 ($-9,007 Mil) to Dec. 2024 ($-9,569 Mil) and increased from Dec. 2024 ($-9,569 Mil) to Dec. 2025 ($-10,135 Mil).

CMS Energy Accumulated Depreciation Related Terms

CMS Energy Accumulated Depreciation Historical Data

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The historical data trend for CMS Energy's Accumulated Depreciation 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 Accumulated Depreciation Chart

CMS Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8,502.00 -8,960.00 -9,007.00 -9,569.00 -10,135.00

CMS Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation 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 -9,865.00 -10,051.00 -10,135.00 -10,384.00 -10,496.00
CMS
76GF Score
CMS Energy Corp CMS
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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CMS Energy Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-10,496 Mil mean?
CMS Energy (CMS) has a Accumulated Depreciation of $-10,496 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on CMS Energy and its competitors.
Is CMS Energy's Accumulated Depreciation too high?
CMS Energy's current Accumulated Depreciation is $-10,496 Mil. Overall, CMS Energy has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Accumulated Depreciation compare to EVRG and LNT?
CMS Energy's Accumulated Depreciation of $-10,496 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 Accumulated Depreciation for an Utilities - Regulated company?
A good Accumulated Depreciation depends on the Utilities - Regulated industry context. However, Accumulated Depreciation 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 Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on CMS Energy and its competitors. CMS Energy's current Accumulated Depreciation is $-10,496 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 $75.57, compared to a current price of $71.73 — trading 5.1% below its estimated fair value. The current Accumulated Depreciation is $-10,496 Mil. CMS Energy's overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For CMS Energy (CMS), the current Accumulated Depreciation is $-10,496 Mil as of Jun. 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 undervalued. The current stock price of $71.73 is trading 5.1% below its estimated GF Value™ of $75.57. GuruFocus considers CMS Energy to be Fairly Valued.

Key valuation signals for CMS:

  • Accumulated Depreciation: $-10,496 Mil
  • GF Value™: $75.57 vs. price of $71.73 (5.1% below fair value)
  • GF Score™: 76/100 with 10 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.
76GF Score

Get the complete analysis for CMS

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

$71.73
Price
$75.57
GF Value