DT Midstream, Inc. (DTM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.3B	1.2B	981.0M	922.0M	920.0M
Cost of Revenue	482.0M	329.0M	453.0M	427.0M	437.0M
Gross Profit	828.0M	914.0M	528.0M	495.0M	483.0M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	177.0M	300.0M	39.0M	28.0M	28.0M
Total Operating Expenses	177.0M	300.0M	39.0M	28.0M	28.0M
Cost and Expenses	659.0M	629.0M	492.0M	455.0M	465.0M
Operating Income (EBIT)	651.0M	614.0M	489.0M	467.0M	455.0M
Non-Operating
Interest Income	3.0M	2.0M	7.0M	1.0M	3.0M
Interest Expense	163.0M	161.0M	153.0M	150.0M	137.0M
Net Interest Income	(160.0M)	(159.0M)	(146.0M)	(149.0M)	(134.0M)
Other Non-Op Income/Expense	(5.0M)	(16.0M)	15.0M	33.0M	27.0M
Non-Operating Income (excl Interest)	(158.0M)	(145.0M)	(168.0M)	(183.0M)	(164.0M)
EBT (Pre-Tax Income)	646.0M	598.0M	504.0M	500.0M	482.0M
Income Tax Expense	164.0M	144.0M	137.0M	104.0M	100.0M
Bottom Line
Net Income	468.0M	441.0M	354.0M	384.0M	370.0M
Earnings from Cont. Ops	482.0M	454.0M	367.0M	396.0M	382.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	468.0M	441.0M	354.0M	384.0M	370.0M
Per Share
Basic EPS	$4.60	$4.47	$3.63	$3.96	$3.83
Diluted EPS	$4.56	$4.43	$3.60	$3.94	$3.81
Revenue Per Share	$12.84	$12.23	$10.05	$9.51	$9.51
Shares
Basic Shares Outstanding	102.0M	101.6M	97.6M	96.9M	96.7M
Diluted Shares Outstanding	102.6M	102.5M	98.4M	97.5M	97.2M
Profitability Metrics
EBITDA	1.1B	1.0B	884.0M	850.0M	808.0M
D&A	281.0M	275.0M	227.0M	200.0M	189.0M
EBIT	809.0M	759.0M	657.0M	650.0M	619.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026