DT Midstream, Inc. (DTM)

DT Midstream Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	54	68	56	61	132
Cash & Short-Term Investments	54	68	56	61	132
Cash Growth	-20.59%	21.43%	-8.20%	-53.79%	214.29%
Accounts Receivable	186	172	154	161	169
Other Receivables	2	8	15	-	-
Receivables	188	180	169	161	178
Prepaid Expenses	34	29	16	18	-
Other Current Assets	42	33	31	22	50
Total Current Assets	318	310	272	262	360
Property, Plant & Equipment	5,812	5,576	4,472	3,837	3,526
Long-Term Investments	1,253	1,297	1,762	2,200	1,691
Goodwill	781	776	473	473	473
Other Intangible Assets	1,862	1,921	1,968	2,025	2,082
Long-Term Deferred Charges	6	7	6	-	-
Other Long-Term Assets	44	44	25	32	32
Total Assets	10,080	9,935	8,982	8,833	8,166
Accounts Payable	65	77	94	119	22
Accrued Expenses	84	73	62	59	45
Short-Term Debt	-	150	165	330	-
Current Portion of Long-Term Debt	-	-	-	-	10
Current Portion of Leases	16	16	13	16	16
Current Unearned Revenue	25	18	18	4	-
Other Current Liabilities	106	92	82	86	84
Total Current Liabilities	296	426	434	614	177
Long-Term Debt	3,324	3,319	3,065	3,059	3,036
Long-Term Leases	32	36	27	19	21
Long-Term Unearned Revenue	160	135	111	28	-
Long-Term Deferred Tax Liabilities	1,270	1,129	1,031	923	856
Other Long-Term Liabilities	120	124	34	36	55
Total Liabilities	5,202	5,169	4,702	4,679	4,145
Common Stock	1	1	1	1	1
Additional Paid-In Capital	3,915	3,911	3,485	3,469	3,450
Retained Earnings	827	723	661	547	431
Comprehensive Income & Other	-7	-8	-8	-10	-10
Total Common Equity	4,736	4,627	4,139	4,007	3,872
Minority Interest	142	139	141	147	149
Shareholders' Equity	4,878	4,766	4,280	4,154	4,021
Total Liabilities & Equity	10,080	9,935	8,982	8,833	8,166
Total Debt	3,372	3,521	3,270	3,424	3,083
Net Cash (Debt)	-3,318	-3,453	-3,214	-3,363	-2,951
Net Cash Per Share	-32.37	-35.09	-32.96	-34.60	-30.45
Filing Date Shares Outstanding	101.72	101.36	96.98	96.89	96.74
Total Common Shares Outstanding	101.67	101.32	96.97	96.75	96.73
Working Capital	22	-116	-162	-352	183
Book Value Per Share	46.58	45.66	42.68	41.41	40.03
Tangible Book Value	2,093	1,930	1,698	1,509	1,317
Tangible Book Value Per Share	20.59	19.05	17.51	15.60	13.61
Land	105	105	96	97	97
Machinery	73	60	40	32	23
Construction In Progress	187	321	279	389	23

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q