DT Midstream, Inc.
Company snapshot
A consistent view of the latest supported company value and reported operating results.
Fundamental lens
Four transparent questions from retained financial evidence. Each result stands on its own; Grizzly Bulls does not combine them into a score, ranking, or recommendation.
Trailing-twelve-month net income is positive. As of 2026-06-30.
Trailing-twelve-month operating cash flow less capital expenditures is positive. As of 2026-06-30.
Reported current assets exceed reported current liabilities on the latest comparable retained balance sheet. As of 2026-06-30.
Comparable retained change history is not available through this reader.
How this lens works
Profitability uses only the sign of retained trailing-twelve-month net income. Cash generation uses only the sign of retained trailing-twelve-month free cash flow, defined as operating cash flow less capital expenditures.
Liquidity compares current assets with current liabilities only when both are retained for the same reporting date. It does not infer liquidity from differently dated balance sheets.
Recent operating direction uses the latest supported material financial event when comparable history exists. The existing change methodology requires at least a 10% absolute change or a sign/zero transition and compares quarterly results only with the same fiscal quarter year over year.
Market summary
Completed-session reference prices from IEX for Oct 16, 2026.
Price statistics
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history. Prices are unadjusted. Price returns exclude dividends and are not total returns. Historical statistics appear only when the retained source-session chain is complete and no split-like share-basis discontinuity is detected for that calculation window.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
Price history
Recent completed-session closing-price history for this listing. The chart shows raw, unadjusted single-exchange reference observations rather than a consolidated U.S. market close.
Derived reference metrics are omitted for this listing because the required history-quality checks did not clear for the full retained window.
About this market data
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
The raw chart can show a discontinuity around a stock split because it is intentionally unadjusted. The screened metrics use only explicitly registered positive split events and do not assert complete split history.
Listing & sources
Ticker: DTM · Exchange: NYSE · Common stock, par value $0.01
SEC issuer CIK: 0001842022
Listing source refreshed: 2026-09-13
Financials
SEC-reported financial statement history with filing dates preserved. Annual view retains up to four fiscal years; quarterly view retains up to five fiscal quarters. Missing cells mean a supported fact is unknown and are not treated as zero.
Income statement
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.31B Filed 2026-07-30 | $1.24B Filed 2026-02-19 | $981M Filed 2026-02-19 | $922M Filed 2026-02-19 | $920M Filed 2025-02-26 |
| Operating income | $650M Filed 2026-07-30 | $614M Filed 2026-02-19 | $489M Filed 2026-02-19 | $471M Filed 2026-02-19 | $478M Filed 2025-02-26 |
| Interest expense | Unknown | $169M Filed 2026-02-19 | $163M Filed 2026-02-19 | $170M Filed 2026-02-19 | $142M Filed 2025-02-26 |
| Pretax income | $646M Filed 2026-07-30 | $598M Filed 2026-02-19 | $504M Filed 2026-02-19 | $500M Filed 2026-02-19 | $482M Filed 2025-02-26 |
| Income tax expense | $164M Filed 2026-07-30 | $144M Filed 2026-02-19 | $137M Filed 2026-02-19 | $104M Filed 2026-02-19 | $100M Filed 2025-02-26 |
| Net income | $468M Filed 2026-07-30 | $441M Filed 2026-02-19 | $354M Filed 2026-02-19 | $384M Filed 2026-02-19 | $370M Filed 2025-02-26 |
| Diluted EPS | Unavailable | $4.30 Filed 2026-02-19 | $3.60 Filed 2026-02-19 | $3.94 Filed 2026-02-19 | $3.81 Filed 2025-02-26 |
| Diluted shares | Unavailable | 102.5M Filed 2026-02-19 | 98.4M Filed 2026-02-19 | 97.5M Filed 2026-02-19 | 97.2M Filed 2025-02-26 |
Balance sheet
| Metric | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $54M Filed 2026-02-19 | $68M Filed 2026-02-19 | $56M Filed 2025-02-26 | $61M Filed 2024-02-16 |
| Current assets | $318M Filed 2026-02-19 | $310M Filed 2026-02-19 | $272M Filed 2025-02-26 | $262M Filed 2024-02-16 |
| Current liabilities | $296M Filed 2026-02-19 | $426M Filed 2026-02-19 | $434M Filed 2025-02-26 | $614M Filed 2024-02-16 |
| Short-term borrowings | $0 Filed 2026-02-19 | $150M Filed 2026-02-19 | $165M Filed 2025-02-26 | $330M Filed 2024-02-16 |
| Current long-term debt | Unknown | Unknown | Unknown | $0 Filed 2023-02-16 |
| Long-term debt, noncurrent | $3.32B Filed 2026-02-19 | $3.32B Filed 2026-02-19 | $3.07B Filed 2025-02-26 | $3.06B Filed 2024-02-16 |
| Total assets | $10.08B Filed 2026-02-19 | $9.94B Filed 2026-02-19 | $8.98B Filed 2026-02-19 | $8.83B Filed 2025-02-26 |
| Total liabilities | $5.2B Filed 2026-02-19 | $5.17B Filed 2026-02-19 | $4.7B Filed 2025-02-26 | $4.68B Filed 2024-02-16 |
| Stockholders’ equity | $4.74B Filed 2026-02-19 | $4.63B Filed 2026-02-19 | $4.14B Filed 2025-02-26 | $4.01B Filed 2024-02-16 |
Cash flow
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Operating cash flow | $937M Filed 2026-07-30 | $867M Filed 2026-02-19 | $763M Filed 2026-02-19 | $798M Filed 2026-02-19 | $725M Filed 2025-02-26 |
| Capital expenditures | $457M Filed 2026-07-30 | $426M Filed 2026-02-19 | $350M Filed 2026-02-19 | $772M Filed 2026-02-19 | $338M Filed 2025-02-26 |
| Long-term debt issued | Unknown | $0 Filed 2026-02-19 | $644M Filed 2026-02-19 | $0 Filed 2026-02-19 | $591M Filed 2025-02-26 |
| Long-term debt repaid | Unknown | $0 Filed 2026-02-19 | $399M Filed 2026-02-19 | $0 Filed 2026-02-19 | $596M Filed 2025-02-26 |
| Dividends paid | $338M Filed 2026-07-30 | $324M Filed 2026-02-19 | $280M Filed 2026-02-19 | $263M Filed 2026-02-19 | $244M Filed 2025-02-26 |
| Stock repurchases | Unknown | Unknown | Unknown | $0 Filed 2024-02-16 | $3M Filed 2024-02-16 |
Calculated from the latest TTM financials
Source: SEC filings. Financial facts retain filing dates and are shown only when the retained source and period alignment support them.
Valuation
Reference valuation uses the latest retained completed-session IEX close and the latest supported SEC-reported share count for a simple single ordinary-share structure.
Open this stock in the Valuation Lab →
Shares outstanding: 102.02M · reported as of 2026-06-30 · filed 2026-07-30
The price is a source-scoped IEX reference close, not a consolidated U.S. market close. P/E and enterprise-value multiples are omitted unless compatible common-equity earnings and complete financing scope are established rather than inferred from adjacent statement fields.
Statistics
Reproducible trailing, quarterly, and annual statistics from retained SEC financials. Growth and return measures appear only when the required reporting periods align; missing denominators are omitted rather than estimated.
Trailing, quarterly, and annual profitability, return, and growth measures derived from retained SEC financials.
Latest annual liquidity measures using same-period reported current assets and current liabilities.
Trailing cash generation plus latest annual dividends and share repurchases where reported.
Historical financial statistics are descriptive accounting measures, not rankings or investment recommendations.
Ownership
No reviewed company-level insider ownership record is available for this listing.