DT Midstream, Inc. (DTM)
NYSE: DTM · Real-Time Price · USD
124.34
-2.64 (-2.08%)
Oct 30, 2026, 4:00 PM EDT - Market closed
DT Midstream Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 471 | 441 | 354 | 384 | 370 | 307 |
Depreciation & Amortization | 292 | 275 | 227 | 200 | 189 | 184 |
Loss (Gain) From Sale of Assets | - | - | - | - | -17 | 17 |
Loss (Gain) on Equity Investments | -147 | -138 | -162 | -177 | -150 | -126 |
Stock-Based Compensation | 26 | 26 | 23 | 20 | 17 | 12 |
Other Operating Activities | 313 | 288 | 299 | 318 | 276 | 244 |
Change in Accounts Receivable | -10 | -24 | 11 | 7 | 8 | -43 |
Change in Accounts Payable | 5 | -13 | 11 | -5 | 7 | -6 |
Change in Unearned Revenue | 12 | 26 | 23 | 97 | 3 | 6 |
Change in Other Net Operating Assets | -24 | -14 | -23 | -46 | 22 | -23 |
Operating Cash Flow | 938 | 867 | 763 | 798 | 725 | 572 |
Operating Cash Flow Growth | 9.32% | 13.63% | -4.39% | 10.07% | 26.75% | -4.19% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -405 | -426 | -350 | -772 | -338 | -140 |
Cash Acquisitions | - | 10 | -1,198 | - | - | - |
Investment in Securities | 43 | 44 | 467 | 420 | -540 | -2 |
Other Investing Activities | - | - | - | 1 | 24 | 265 |
Investing Cash Flow | -362 | -372 | -1,081 | -351 | -854 | 123 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 330 | 385 | 540 | 370 | 25 |
Long-Term Debt Issued | - | - | 644 | - | 591 | 3,047 |
Total Debt Issued | 334 | 330 | 1,029 | 540 | 961 | 3,072 |
Short-Term Debt Repaid | - | -480 | -400 | -705 | -40 | -3,200 |
Long-Term Debt Repaid | - | - | -399 | - | -596 | -5 |
Total Debt Repaid | -382 | -480 | -799 | -705 | -636 | -3,205 |
Net Debt Issued (Repaid) | -48 | -150 | 230 | -165 | 325 | -133 |
Issuance of Common Stock | - | - | 406 | - | - | 110 |
Common Dividends Paid | -345 | -324 | -280 | -263 | -244 | -559 |
Other Financing Activities | -42 | -35 | -26 | -24 | -23 | -23 |
Financing Cash Flow | -443 | -509 | 330 | -452 | 58 | -605 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 133 | -14 | 12 | -5 | -71 | 90 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 533 | 441 | 413 | 26 | 387 | 432 |
Free Cash Flow Growth | 12.68% | 6.78% | 1488.46% | -93.28% | -10.42% | 446.83% |
Free Cash Flow Margin | 40.02% | 35.48% | 42.10% | 2.82% | 42.07% | 51.43% |
Free Cash Flow Per Share | 5.19 | 4.30 | 4.20 | 0.27 | 3.98 | 4.46 |
Levered Free Cash Flow | 263.25 | 156.13 | 88 | -380.88 | 210.75 | 528.38 |
Unlevered Free Cash Flow | 365.13 | 256.75 | 183.63 | -287.13 | 296.38 | 598.38 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 156 | 152 | 140 | 140 | 125 | 103 |
Cash Income Tax Paid | 11 | 5 | 12 | 22 | 24 | 3 |
Change in Working Capital | -17 | -25 | 22 | 53 | 40 | -66 |