NYSE · DTMUtilitiesElectric, Gas & Water Utilities

DT Midstream financials

$121.63−0.28%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
Revenue$1.24B$981.0M$922.0M$920.0M$840.0M
Gross profit$1.24B$981.0M$922.0M$920.0M$840.0M
Gross margin100.0%100.0%100.0%100.0%100.0%
Operating income$614.0M$489.0M$471.0M$455.0M$419.0M
Net income$441.0M$354.0M$384.0M$370.0M$307.0M
Net margin35.5%36.1%41.6%40.2%36.5%
Diluted EPS$4.30$3.60$3.94$3.81$3.16
EBITDA$872.0M$698.0M$649.0M$625.0M$603.0M
Operating cash flow$867.0M$763.0M$798.0M$725.0M$572.0M
Free cash flow$441.0M$413.0M$26.0M$387.0M$432.0M
Diluted shares102.5M98.4M97.5M97.2M96.9M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$54.0M$68.0M$56.0M$61.0M$132.0M
Short-term investments$0.00$0.00$0.00$0.00—
Total debt$3.37B$3.52B$3.27B$3.44B$3.10B
Total assets$10.08B$9.94B$8.98B$8.83B$8.17B
Total liabilities$5.20B$5.17B$4.70B$4.68B$4.14B
Shareholders' equity$4.88B$4.77B$4.28B$4.15B$4.02B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology