DT Midstream, Inc. (DTM)
Energy · Oil & Gas Midstream · NYSE
DT Midstream, Inc. revenue & earnings — last 7 fiscal years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $504.00M | $754.00M | $840.00M | $920.00M | $922.00M | $981.00M | $1.24B |
| Gross profit | — | — | — | — | — | — | — |
| Net income | $204.00M | $312.00M | $307.00M | $370.00M | $384.00M | $354.00M | $441.00M |
| Net margin | 40.5% | 41.4% | 36.5% | 40.2% | 41.6% | 36.1% | 35.5% |
Source: DT Midstream, Inc. SEC filings (10-K).
What growth is priced into DTM stock?
At today's market cap of $14.49B, DT Midstream, Inc. is priced for free-cash-flow growth of about 14.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $441.00M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 41%/yr over the last five fiscal years and revenue 10.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 7 years of DT Midstream, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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DT Midstream, Inc. financial history by metric
About DT Midstream, Inc.
DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
DT Midstream, Inc. — frequently asked questions
What is DT Midstream, Inc.'s revenue?
DT Midstream, Inc. (DTM) reported revenue of $1.24B for fiscal year 2025, up 26.7% from the prior year, according to its SEC filings.
Is DT Midstream, Inc. profitable?
Yes. DTM earned net income of $441.00M in fiscal 2025, a net margin of 35.5%.
What is DTM's P/E ratio?
DT Midstream, Inc. trades at a price-to-earnings ratio of about 31.5 based on the latest data in our nightly-refreshed cache.
How fast is DT Midstream, Inc. growing?
DTM's revenue grew at roughly 10.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does DT Midstream, Inc. have?
As of fiscal year 2025, DTM carried roughly $3.32B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is DT Midstream, Inc.'s market cap?
DT Midstream, Inc. (DTM) has a market capitalization of about $14.49B, based on the latest data in our nightly-refreshed cache.
When does DT Midstream, Inc.'s fiscal year end?
DTM's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into DTM stock?
At today's market cap of $14.49B, DT Midstream, Inc. is priced for free-cash-flow growth of about 14.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $441.00M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 41%/yr over the last five fiscal years and revenue 10.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from DT Midstream, Inc.'s official SEC filings (10-K and 10-Q), covering 7 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.