DT Midstream, Inc. (DTM)
NYSE: DTM · Real-Time Price · USD
126.77
-3.22 (-2.48%)
Aug 21, 2026, 4:00 PM EDT - Market closed

DT Midstream Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,3101,243981922920840
Revenue Growth
18.12%26.71%6.40%0.22%9.52%11.41%
Gross Profit
987937761700676649
Operating Income
651614489467455439
Net Income
468441354384370307
Earnings Per Share
4.564.303.603.943.813.16
EPS Growth
21.92%19.44%-8.63%3.41%20.57%-2.06%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pipeline
710687443377339307
Gathering
614556538545581534
Revenue (Total)
1,3101,243981922920840

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
17254685661132
Total Debt
3,3733,3723,5213,2703,4243,083
Net Cash (Debt)
-3,201-3,318-3,453-3,214-3,363-2,951
Net Cash Growth
------
Net Cash Per Share
-31.20-32.37-35.09-32.96-34.60-30.45

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
937867763798725572
Capital Expenditures
-457-426-350-772-338-140
Free Cash Flow
48044141326387432
Free Cash Flow Growth
3.00%6.78%1488.46%-93.28%-10.42%446.83%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
75.34%75.38%77.57%75.92%73.48%77.26%
Operating Margin
49.70%49.40%49.85%50.65%49.46%52.26%
Pretax Margin
49.31%48.11%51.38%54.23%52.39%50.24%
Profit Margin
35.73%35.48%36.09%41.65%40.22%36.55%
FCF Margin
36.64%35.48%42.10%2.82%42.07%51.43%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.5203.2802.9402.7602.5601.200
Dividend Per Share Growth
8.29%11.56%6.52%7.81%113.33%-
Dividend Yield
2.78%2.77%3.09%5.48%5.32%3.01%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
27.8027.5928.4613.8414.4515.12
Forward PE
26.9526.0025.2315.0913.9014.18
P/FCF Ratio
26.9427.5924.39204.3913.8210.74
PS Ratio
9.879.7910.275.765.815.53