FY2025 · ended Dec 31, 2025 · Revenue $1.24B, +26.7% YoY · Filed Feb 19, 2026
DT Midstream, Inc. (DTM) files with the SEC under industry code 4922, Natural Gas Transmission. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.2 billion and net income of $441.0 million. Free cash flow was $441.0 million. As of Sep 30, 2026 it held $231.0 million in cash and investments and $3.3 billion in total debt.
Revenue (TTM)
$1.33B
+13.4% vs year-ago TTM
Net income (TTM)
$471.00M
+16.9% vs year-ago TTM
Operating cash flow (TTM)
$938.00M
+9.3% vs year-ago TTM
Free cash flow (TTM)
$533.00M
+12.7% vs year-ago TTM
EPS (TTM)
$4.59
+16.0% vs year-ago TTM
Dividend per share
$3.28
+11.6% vs prior year
Shares outstanding
101.72M
+0.4% vs prior year
Net cash
$-3.09B
as of Sep 30, 2026
Operating margin
49.4%
FY 2026
Company profile
- Industry
- Natural Gas Transmission (SIC 4922)
- Listed as
- DTM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Detroit, MI
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1842022
Other Natural Gas Transmission companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $981.0M | $922.0M | $920.0M | $840.0M |
| Operating income | $614.0M | $489.0M | $471.0M | $478.0M | $402.0M |
| Net income | $441.0M | $354.0M | $384.0M | $370.0M | $307.0M |
| Diluted EPS | $4.30 | $3.60 | $3.94 | $3.81 | $3.16 |
| Operating cash flow | $867.0M | $763.0M | $798.0M | $725.0M | $572.0M |
| Free cash flow | $441.0M | $413.0M | $26.0M | $387.0M | $432.0M |
| Total assets | $10.1B | $9.9B | $9.0B | $8.8B | $8.2B |
| Total liabilities | $5.2B | $5.2B | $4.7B | $4.7B | $4.1B |
| Stockholders' equity | $4.7B | $4.6B | $4.1B | $4.0B | $3.9B |
| Cash and investments | $54.0M | $68.0M | $56.0M | $61.0M | $132.0M |
| Total debt | $3.4B | $3.6B | $3.3B | $3.4B | $3.1B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Officer or director change
|
May 12, 2026 | May 8, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 7, 2026 | May 5, 2026 |
All 333 DT Midstream, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.