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Operating Income by Segment
Shows the profit generated by each business segment, offering insights into operational efficiency and profitability. This reveals how well each segment contributes to the company's overall financial health.Electric utility earnings are the clear growth engine—showing higher, irregular peaks that align with recent rate relief and an expanding large‑load/data‑center pipeline—while gas is becoming a more meaningful, seasonal contributor with a notable step‑up in early 2026 consistent with management’s sales and regulatory outlook. NorthStar remains lumpy and turned into a material drag in the latest quarter, highlighting project/timing risk that could offset utility gains as CMS executes a $24B capex plan and navigates financing and credit pressure.
Date | Other | Electric Utility | Gas Utility | Northstar Clean Energy |
|---|---|---|---|---|
Jun 30, 2026 | -$6.00M | $199.00M | $72.00M | -$1.00M |
Mar 31, 2026 | -$2.00M | $179.00M | $333.00M | -$20.00M |
Dec 31, 2025 | -$7.00M | $184.00M | $262.00M | -$4.00M |
Sep 30, 2025 | -$3.00M | $450.00M | $33.00M | $1.00M |
Jun 30, 2025 | -$3.00M | $263.00M | $65.00M | -$8.00M |
Mar 31, 2025 | -$2.00M | $202.00M | $311.00M | -$17.00M |
Dec 31, 2024 | -$9.00M | $230.00M | $209.00M | -$5.00M |
Sep 30, 2024 | -$4.00M | $347.00M | $31.00M | -$7.00M |
Jun 30, 2024 | -$3.00M | $244.00M | $43.00M | -$1.00M |
Mar 31, 2024 | -$3.00M | $161.00M | $251.00M | $3.00M |