DTM · XBRL financial data

DT Midstream financial statements, every fiscal year

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (DTM's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	840	920	922	981	1,243
Operating income (loss)	402	478	471	489	614
Interest income	4	3	1	7	2
Interest expense	112	137	150	153	161
Other income (expense)	2	1	1	4	5
Income tax expense (benefit)	104	100	104	137	144
Net income (loss)	307	370	384	354	441
Earnings per share, basic USD per share	3.17	3.83	3.97	3.63	4.34
Earnings per share, diluted USD per share	3.16	3.81	3.94	3.60	4.30
Weighted average shares, basic millions of shares	97	97	97	98	102
Weighted average shares, diluted millions of shares	97	97	98	98	103

Fiscal years (DTM's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	132	61	56	68	54
Accounts receivable	169	161	154	172	186
Prepaid and other current assets	—	18	16	29	34
Total current assets	360	262	272	310	318
Property and equipment, net	3,490	3,806	4,434	5,527	5,766
Right-of-use asset	36	31	38	49	46
Goodwill	473	473	473	776	781
Total assets	8,166	8,833	8,982	9,935	10,080
Accounts payable	22	119	94	77	65
Current portion of long-term debt	10	0	—	—	—
Total current liabilities	177	614	434	426	296
Long-term debt	3,036	3,059	3,065	3,319	3,324
Lease liability, non-current	21	19	27	36	32
Total liabilities	4,145	4,679	4,702	5,169	5,202
Retained earnings	431	547	661	723	827
Total stockholders' equity	3,872	4,007	4,139	4,627	4,736
Total liabilities and equity	8,166	8,833	8,982	9,935	10,080
Common shares outstanding (cover page) millions of shares	97	97	97	101	102

Fiscal years (DTM's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	307	370	384	354	441
Stock-based compensation	12	17	20	23	26
Net cash from operating activities	572	725	798	763	867
Purchases of property and equipment	140	338	772	350	426
Net cash from investing activities	123	(854)	(351)	(1,081)	(372)
Proceeds from issuing common stock	—	0	0	406	0
Share repurchases	0	3	0	—	—
Dividends paid	58	244	263	280	324
Proceeds from long-term debt	3,047	591	0	644	0
Repayments of long-term debt	5	596	0	399	0
Net cash from financing activities	(605)	58	(452)	330	(509)
Net change in cash	90	(71)	(5)	12	(14)

SIC 4922 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4922 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
DT Midstream	231	336	275*	102.0M	—	Q3 FY26 10-QSep 30, 2026
Excelerate Energy	342	329	114*	not reported	—	Q2 FY26 10-QJun 30, 2026
Western Midstream Partners	647	1,124	470	393.8M	—	Q1 FY26 10-QMar 31, 2026
Venture Global	3,120	4,578	2,072*	not reported	—	Q2 FY26 10-QJun 30, 2026
National Fuel Gas	1,235	537	377*	95.0M	—	Q3 FY26 10-QJun 30, 2026
Antero Midstream	0	327	600*	472.3M	—	Q3 FY26 10-QSep 30, 2026
Southwest Gas Holdings	53	not reported	not reported	72.5M	—	Q3 FY26 10-QSep 30, 2026
Atmos Energy	521	879	640*	169.0M	—	Q3 FY26 10-QJun 30, 2026
New Jersey Resources	34	258	(12)*	101.5M	2.9 quarters	Q3 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.