DT Midstream, Inc. logo DTM - DT Midstream, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 5
HOLD 7
SELL 1
STRONG
SELL 0
| PRICE TARGET: $148.00 DETAILS
HIGH: $170.00
LOW: $127.00
MEDIAN: $150.00
CONSENSUS: $148.00
DOWNSIDE: 2.06%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Revenue
Revenue 1,243 981 922 920 840 754 504 485
Cost of Revenue 329 453 427 437 397 327 104 122
Gross Profit 914 528 495 483 443 427 400 363
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 0 0 0 0 19 0
Other Expenses 300 39 28 28 24 15 223 90
Operating Expenses 300 39 28 28 24 15 242 212
Operating Income
Operating Income 614 489 467 455 419 412 368 273
Interest Expense 161 153 150 137 112 113 75 69
Interest Income 2 7 1 3 4 9 8 9
Profitability
EBITDA 1,034 884 850 808 718 722 477 481
EBIT 759 657 650 619 534 553 367 400
Income Before Tax 598 504 500 482 422 440 292 331
Income Tax Expense 144 137 104 100 104 116 72 72
Net Income 441 354 384 370 307 312 204 231
Per Share Data
EPS (Basic) 4.47 3.63 3.96 3.83 3.17 3.22 2.11 2.38
EPS (Diluted) 4.43 3.60 3.94 3.81 3.17 3.22 2.11 2.38
Shares Outstanding 101.6 97.6 96.9 96.7 96.7 96.9 96.7 96.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Current Assets
Cash & Cash Equivalents 54 68 56 61 132 42 46 26
Short-Term Investments 0 0 0 0 0 0 0 0
Net Receivables 188 180 169 161 178 400 110 59
Inventory 0 0 0 22 25 0 0 0
Other Current Assets 76 62 47 18 25 41 144 228
Total Current Assets 318 310 272 262 360 483 300 313
Non-Current Assets
Property, Plant & Equipment 0 5,576 4,472 3,837 3,526 3,515 3,111 1,916
Goodwill 781 776 473 473 473 473 471 299
Intangible Assets 1,862 1,921 1,968 2,025 2,082 2,140 2,195 745
Long-Term Investments 1,257 1,297 1,762 2,200 1,691 1,691 1,684 1,585
Other Non-Current Assets 6,133 55 35 (34) 32 21 26 19
Total Non-Current Assets 10,033 9,625 8,710 8,571 7,806 7,859 7,487 4,564
Total Assets 10,351 9,935 8,982 8,833 8,166 8,342 7,787 4,877
Current Liabilities
Account Payables 65 77 94 119 22 39 49 44
Short-Term Debt 16 150 165 330 10 3,175 2,922 1,687
Deferred Revenue 0 18 18 4 82 771 0 0
Other Current Liabilities 215 92 126 86 2 (714) 414 41
Total Current Liabilities 296 426 434 614 177 3,288 3,400 1,772
Non-Current Liabilities
Long-Term Debt 3,356 3,319 3,065 3,059 3,036 0 0 0
Deferred Tax Liabilities 1,541 1,129 1,031 923 856 743 0 0
Other Non-Current Liabilities 88 124 34 36 55 55 632 0
Total Non-Current Liabilities 5,177 4,743 4,268 4,065 3,968 826 663 0
Total Liabilities 5,473 5,169 4,702 4,679 4,145 4,114 4,063 1,772
Stockholders' Equity
Common Stock 1 1 1 1 1 0 0 0
Retained Earnings 827 723 661 547 431 751 501 361
Accumulated Other Comprehensive Income (7) (8) (8) (10) (10) (11) (13) (13)
Total Stockholders' Equity 4,736 4,627 4,139 4,007 3,872 4,073 3,569 2,155
Total Liabilities & Equity 10,351 9,935 8,982 8,833 8,166 8,342 7,787 4,384
Debt Metrics
Total Debt 3,404 3,521 3,270 3,424 3,083 3,220 2,968 1,687
Net Debt 3,350 3,453 3,214 3,363 2,951 3,178 2,922 1,661
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Operating Activities
Net Income 441 367 384 382 307 312 220 259
Depreciation & Amortization 275 227 200 189 184 169 110 81
Stock-Based Compensation 0 23 20 17 12 6 6 0
Change in Working Capital (25) 22 53 40 (54) (31) (51) 19
Other Non-Cash Items 88 4 31 27 19 30 37 0
Operating Cash Flow 916 763 798 725 572 597 390 359
Investing Activities
Capital Expenditure (426) (350) (772) (338) (140) (518) (211) (176)
Acquisitions 17 (1,198) 0 (557) (11) (35) (2,441) (650)
Purchases of Investments (5) 0 0 (557) (11) (35) 0 0
Sales/Maturities of Investments 0 0 0 557 11 35 0 0
Other Investing Activities 0 117 421 41 274 (161) 91 106
Investing Cash Flow (414) (1,081) (351) (854) 123 (714) (2,561) (720)
Financing Activities
Net Debt Issuance (150) 230 (165) (5) (133) 253 1,235 131
Stock Repurchased 0 0 0 0 0 0 0 0
Dividends Paid (324) (280) (263) (244) (559) 0 0 0
Other Financing Activities (42) (26) (24) 307 87 (140) 956 218
Financing Cash Flow (516) 330 (452) 58 (605) 113 2,191 349
Cash Position
Net Change in Cash (14) 12 (5) (71) 90 (4) 20 (12)
Cash at Beginning 68 56 61 132 42 46 26 38
Cash at End 54 68 56 61 132 42 46 26
Free Cash Flow 490 413 26 387 432 79 179 183
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018
Income Statement
Revenue 1,243 981 922 920 840 754 504 485
Gross Profit 914 528 495 483 443 427 400 363
Operating Income 614 489 467 455 419 412 368 273
Net Income 441 354 384 370 307 312 204 231
EPS (Diluted) 4.43 3.60 3.94 3.81 3.17 3.22 2.11 2.38
Balance Sheet
Cash & Equivalents 54 68 56 61 132 42 46 26
Total Assets 10,351 9,935 8,982 8,833 8,166 8,342 7,787 4,877
Total Debt 3,404 3,521 3,270 3,424 3,083 3,220 2,968 1,687
Stockholders' Equity 4,736 4,627 4,139 4,007 3,872 4,073 3,569 2,155
Cash Flow
Operating Cash Flow 916 763 798 725 572 597 390 359
Capital Expenditure (426) (350) (772) (338) (140) (518) (211) (176)
Free Cash Flow 490 413 26 387 432 79 179 183