DTM
DT Midstream Inc
NYSE: DTM · ENERGY · OIL & GAS MIDSTREAM
$138.79
+0.06% today
Updated 2026-04-29
Market cap
$14.16B
P/E ratio
32.28
P/S ratio
11.39x
EPS (TTM)
$4.30
Dividend yield
2.36%
52W range
$96 – $143
Volume
0.9M
DT Midstream Inc (DTM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $485.00M | $504.00M | $754.00M | $840.00M | $920.00M | $922.00M | $981.00M | $1.24B |
| Revenue growth (YoY) | — | +3.9% | +49.6% | +11.4% | +9.5% | +0.2% | +6.4% | +26.7% |
| Cost of revenue | $122.00M | $104.00M | $327.00M | $397.00M | $437.00M | $427.00M | $453.00M | $329.00M |
| Gross profit | $363.00M | $400.00M | $427.00M | $443.00M | $483.00M | $495.00M | $528.00M | $914.00M |
| Gross margin | 74.8% | 79.4% | 56.6% | 52.7% | 52.5% | 53.7% | 53.8% | 73.5% |
| R&D | — | — | — | — | — | — | — | — |
| SG&A | $122.00M | $141.00M | $175.00M | $255.00M | $295.00M | $51.00M | $63.00M | $65.00M |
| Operating income | $273.00M | $368.00M | $412.00M | $419.00M | $455.00M | $467.00M | $489.00M | $614.00M |
| Operating margin | 56.3% | 73.0% | 54.6% | 49.9% | 49.5% | 50.7% | 49.8% | 49.4% |
| EBITDA | $481.00M | $477.00M | $722.00M | $718.00M | $808.00M | $850.00M | $884.00M | $1.03B |
| EBITDA margin | 99.2% | 94.6% | 95.8% | 85.5% | 87.8% | 92.2% | 90.1% | 83.2% |
| EBIT | $400.00M | $367.00M | $553.00M | $534.00M | $619.00M | $650.00M | $657.00M | $759.00M |
| Interest expense | $69.00M | $75.00M | $113.00M | $112.00M | $137.00M | $150.00M | $153.00M | $161.00M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $231.00M | $204.00M | $312.00M | $307.00M | $370.00M | $384.00M | $354.00M | $441.00M |
| Net income growth (YoY) | — | -11.7% | +52.9% | -1.6% | +20.5% | +3.8% | -7.8% | +24.6% |
| Profit margin | 47.6% | 40.5% | 41.4% | 36.5% | 40.2% | 41.6% | 36.1% | 35.5% |