DT Midstream, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that DT Midstream, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.24B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $981.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $922.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $920.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $840.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $754.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $504.00M | Feb 25, 2022 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $441.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $354.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $384.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $370.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $307.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $312.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $204.00M | Feb 25, 2022 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $614.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $489.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $471.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $478.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $402.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $414.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $261.00M | Feb 25, 2022 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $867.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $763.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $798.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $725.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $572.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $597.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $390.00M | Feb 25, 2022 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $426.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $350.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $772.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $338.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $140.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $518.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $211.00M | Feb 25, 2022 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.08B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $9.94B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $8.98B | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $8.83B | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $8.17B | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $8.34B | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $7.79B | Feb 25, 2022 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.20B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $5.17B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $4.70B | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $4.68B | Feb 16, 2024 |
| FY2022 | Dec 31, 2021 | $4.15B | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $4.11B | Feb 25, 2022 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.74B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $4.63B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $4.14B | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $4.01B | Feb 16, 2024 |
| FY2022 | Dec 31, 2021 | $3.87B | Feb 16, 2023 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $781.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $776.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $473.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $473.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $473.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $473.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $471.00M | Feb 25, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $827.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $723.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $661.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $547.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2021 | $431.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $751.00M | Feb 25, 2022 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $54.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $68.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $56.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $61.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2021 | $132.00M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $42.00M | Feb 25, 2022 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $3.35B | Feb 26, 2025 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 3 | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | 3 | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | 3 | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | 2 | Feb 25, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 3 | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | 3 | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | 3 | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | 2 | Feb 25, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 101.67M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 101.32M | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | 96.97M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | 96.75M | Feb 16, 2024 |
| FY2022 | Dec 31, 2021 | 96.73M | Feb 16, 2023 |
| FY2023 | Jun 30, 2021 | 96.73M | Feb 16, 2024 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $324.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $280.00M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $263.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $244.00M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $58.00M | Feb 16, 2024 |
| FY2022 | Dec 31, 2020 | $0 | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $0 | Feb 25, 2022 |