DT Midstream, Inc. (DTM)

DT Midstream Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	942	922	920	840	754	504
Revenue Growth (YoY)	1.84%	0.22%	9.52%	11.41%	49.60%	3.92%
Cost of Revenue	241	245	267	231	175	141
Gross Profit	701	677	653	609	579	363
Other Operating Expenses	216	206	175	207	165	102
Operating Expenses	216	206	175	207	165	102
Operating Income	485	471	478	402	414	261
Interest Expense / Income	152	150	137	112	113	75
Other Expense / Income	-163	-167	-129	-121	-127	-90
Pretax Income	496	488	470	411	428	276
Income Tax	96	104	100	104	116	72
Net Income	400	384	370	307	312	204
Net Income Growth	8.11%	3.78%	20.52%	-1.60%	52.94%	-11.69%
Shares Outstanding (Basic)	97	97	97	97	97	97
Shares Outstanding (Diluted)	98	98	97	97	97	97
Shares Change	0.31%	0.31%	0.31%	0.21%	-	-
EPS (Basic)	4.12	3.97	3.83	3.17	3.23	2.11
EPS (Diluted)	4.10	3.94	3.81	3.16	3.23	2.11
EPS Growth	7.89%	3.41%	20.57%	-2.17%	53.08%	-
Free Cash Flow	153	26	387	432	79	179
Free Cash Flow Per Share	1.58	0.27	4.00	4.47	0.82	1.85
Dividend Per Share	1.380	2.070	2.560	1.200	-	-
Dividend Growth	-47.13%	-19.14%	113.33%	-	-	-
Gross Margin	74.42%	73.43%	70.98%	72.50%	76.79%	72.02%
Operating Margin	51.49%	51.08%	51.96%	47.86%	54.91%	51.79%
Profit Margin	42.46%	41.65%	40.22%	36.55%	41.38%	40.48%
Free Cash Flow Margin	16.24%	2.82%	42.07%	51.43%	10.48%	35.52%
Effective Tax Rate	19.35%	21.31%	21.28%	25.30%	27.10%	26.09%
EBITDA	854	838	796	707	710	461
EBITDA Margin	90.66%	90.89%	86.52%	84.17%	94.16%	91.47%
Depreciation & Amortization	206	200	189	184	169	110
EBIT	648	638	607	523	541	351
EBIT Margin	68.79%	69.20%	65.98%	62.26%	71.75%	69.64%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).