DT Midstream, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.2B | $981.0M | $922.0M | $920.0M | $840.0M |
| Operating income | $614.0M | $489.0M | $471.0M | $478.0M | $402.0M |
| Interest expense | $161.0M | $153.0M | $150.0M | $137.0M | $112.0M |
| Pretax income | $598.0M | $504.0M | $500.0M | $482.0M | $422.0M |
| Income tax expense | $144.0M | $137.0M | $104.0M | $100.0M | $104.0M |
| Net income | $441.0M | $354.0M | $384.0M | $370.0M | $307.0M |
| Balance Sheet | |||||
| Cash and equivalents | $54.0M | $68.0M | $56.0M | $61.0M | $132.0M |
| Current assets | $318.0M | $310.0M | $272.0M | $262.0M | $360.0M |
| Total assets | $10.1B | $9.9B | $9.0B | $8.8B | $8.2B |
| Current liabilities | $296.0M | $426.0M | $434.0M | $614.0M | $177.0M |
| Total liabilities | $5.2B | $5.2B | $4.7B | $4.7B | $4.1B |
| Total debt | $3.4B | $3.4B | $3.1B | $3.1B | $3.1B |
| Stockholders' equity | $4.7B | $4.6B | $4.1B | $4.0B | $3.9B |
| Cash Flow Statement | |||||
| Cash from operations | $867.0M | $763.0M | $798.0M | $725.0M | $572.0M |
| Depreciation and amortization | $258.0M | $209.0M | $182.0M | $170.0M | $166.0M |
| Stock-based compensation | $26.0M | $23.0M | $20.0M | $17.0M | $12.0M |
| Capital expenditure | $426.0M | $350.0M | $772.0M | $338.0M | $140.0M |
| Free cash flow | $441.0M | $413.0M | $26.0M | $387.0M | $432.0M |
| Dividends paid | $324.0M | $280.0M | $263.0M | $244.0M | $58.0M |
| Share repurchases | — | — | $0 | $3.0M | $0 |
Shares outstanding 102.0M · Free float 99.9%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.