The Filings Report

DT Midstream, Inc.

DTMNYSECIK 1842022Energy / Oil & Gas Midstreamfiscal year ends December27 quarters since 2019

Revenue, Q3 FY2026
$336M
+7.0% on Q3 FY2025
Net income
$118M
+2.6% on Q3 FY2025
Free cash flow
$184M
+40.5% on Q3 FY2025
Diluted EPS
$1.16
+2.7% on Q3 FY2025
Revenue, TTM
$1.3B
trailing four quarters
Net margin, TTM
35.4%
net income $471M
Free cash flow, TTM
$533M
$938M less $405M capex
Cash and equivalents
$231M
long-term debt $3.3B, Sep 30, 2026
Shares, 12-month change
+0.3%
102M shares, Sep 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
$345M
2.8% of market value
Market value
$12.3B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, DT Midstream, Inc. reported revenue of $336M, +7.0% on Q3 FY2025, and net income of $118M (+2.6%). Operating margin was 48.5%. Free cash flow, operating cash flow less capital expenditures, was $184M ($275M less $91M). Diluted earnings per share were $1.16.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
$0$100M$200M$300M$400MQ4'22, Revenue: $243MQ4'22, Net income: $85MQ4'22Q1'23, Revenue: $220MQ1'23, Net income: $81MQ1'23Q2'23, Revenue: $224MQ2'23, Net income: $91MQ2'23Q3'23, Revenue: $234MQ3'23, Net income: $91MQ3'23Q4'23, Revenue: $244MQ4'23, Net income: $121MQ4'23Q1'24, Revenue: $240MQ1'24, Net income: $97MQ1'24Q2'24, Revenue: $244MQ2'24, Net income: $96MQ2'24Q3'24, Revenue: $248MQ3'24, Net income: $88MQ3'24Q4'24, Revenue: $249MQ4'24, Net income: $73MQ4'24Q1'25, Revenue: $303MQ1'25, Net income: $108MQ1'25Q2'25, Revenue: $309MQ2'25, Net income: $107MQ2'25Q3'25, Revenue: $314MQ3'25, Net income: $115MQ3'25Q4'25, Revenue: $317MQ4'25, Net income: $111MQ4'25Q1'26, Revenue: $336MQ1'26, Net income: $130MQ1'26Q2'26, Revenue: $343MQ2'26, Net income: $112MQ2'26Q3'26, Revenue: $336MQ3'26, Net income: $118MQ3'26$0$100M$200M$300M$400MQ4'22, Revenue: $243MQ4'22, Net income: $85MQ1'23, Revenue: $220MQ1'23, Net income: $81MQ1'23Q2'23, Revenue: $224MQ2'23, Net income: $91MQ3'23, Revenue: $234MQ3'23, Net income: $91MQ3'23Q4'23, Revenue: $244MQ4'23, Net income: $121MQ1'24, Revenue: $240MQ1'24, Net income: $97MQ1'24Q2'24, Revenue: $244MQ2'24, Net income: $96MQ3'24, Revenue: $248MQ3'24, Net income: $88MQ3'24Q4'24, Revenue: $249MQ4'24, Net income: $73MQ1'25, Revenue: $303MQ1'25, Net income: $108MQ1'25Q2'25, Revenue: $309MQ2'25, Net income: $107MQ3'25, Revenue: $314MQ3'25, Net income: $115MQ3'25Q4'25, Revenue: $317MQ4'25, Net income: $111MQ1'26, Revenue: $336MQ1'26, Net income: $130MQ1'26Q2'26, Revenue: $343MQ2'26, Net income: $112MQ3'26, Revenue: $336MQ3'26, Net income: $118MQ3'26

Net income losses drawn in red.

Free cash flow
−$100M$0$100M$200M$300MQ4'22, Free cash flow: −$14MQ4'22Q1'23, Free cash flow: $16MQ1'23Q2'23, Free cash flow: −$48MQ2'23Q3'23, Free cash flow: $24MQ3'23Q4'23, Free cash flow: $34MQ4'23Q1'24, Free cash flow: $143MQ1'24Q2'24, Free cash flow: $84MQ2'24Q3'24, Free cash flow: $124MQ3'24Q4'24, Free cash flow: $62MQ4'24Q1'25, Free cash flow: $176MQ1'25Q2'25, Free cash flow: $104MQ2'25Q3'25, Free cash flow: $131MQ3'25Q4'25, Free cash flow: $30MQ4'25Q1'26, Free cash flow: $202MQ1'26Q2'26, Free cash flow: $117MQ2'26Q3'26, Free cash flow: $184MQ3'26−$100M$0$100M$200M$300MQ4'22, Free cash flow: −$14MQ1'23, Free cash flow: $16MQ1'23Q2'23, Free cash flow: −$48MQ3'23, Free cash flow: $24MQ3'23Q4'23, Free cash flow: $34MQ1'24, Free cash flow: $143MQ1'24Q2'24, Free cash flow: $84MQ3'24, Free cash flow: $124MQ3'24Q4'24, Free cash flow: $62MQ1'25, Free cash flow: $176MQ1'25Q2'25, Free cash flow: $104MQ3'25, Free cash flow: $131MQ3'25Q4'25, Free cash flow: $30MQ1'26, Free cash flow: $202MQ1'26Q2'26, Free cash flow: $117MQ3'26, Free cash flow: $184MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3B$4BQ4'22, Cash and equivalents: $61MQ4'22, Long-term debt: $3.1BQ4'22Q1'23, Cash and equivalents: $95MQ1'23, Long-term debt: $3.1BQ1'23Q2'23, Cash and equivalents: $45MQ2'23, Long-term debt: $3.1BQ2'23Q3'23, Cash and equivalents: $30MQ3'23, Long-term debt: $3.1BQ3'23Q4'23, Cash and equivalents: $56MQ4'23, Long-term debt: $3.1BQ4'23Q1'24, Cash and equivalents: $41MQ1'24, Long-term debt: $3.1BQ1'24Q2'24, Cash and equivalents: $73MQ2'24, Long-term debt: $3.1BQ2'24Q3'24, Cash and equivalents: $77MQ3'24, Long-term debt: $2.7BQ3'24Q4'24, Cash and equivalents: $68MQ4'24, Long-term debt: $3.3BQ4'24Q1'25, Cash and equivalents: $83MQ1'25, Long-term debt: $3.3BQ1'25Q2'25, Cash and equivalents: $74MQ2'25, Long-term debt: $3.3BQ2'25Q3'25, Cash and equivalents: $98MQ3'25, Long-term debt: $3.3BQ3'25Q4'25, Cash and equivalents: $54MQ4'25, Long-term debt: $3.3BQ4'25Q1'26, Cash and equivalents: $150MQ1'26, Long-term debt: $3.3BQ1'26Q2'26, Cash and equivalents: $172MQ2'26, Long-term debt: $3.3BQ2'26Q3'26, Cash and equivalents: $231MQ3'26, Long-term debt: $3.3BQ3'26$0$1B$2B$3B$4BQ4'22, Cash and equivalents: $61MQ4'22, Long-term debt: $3.1BQ1'23, Cash and equivalents: $95MQ1'23, Long-term debt: $3.1BQ1'23Q2'23, Cash and equivalents: $45MQ2'23, Long-term debt: $3.1BQ3'23, Cash and equivalents: $30MQ3'23, Long-term debt: $3.1BQ3'23Q4'23, Cash and equivalents: $56MQ4'23, Long-term debt: $3.1BQ1'24, Cash and equivalents: $41MQ1'24, Long-term debt: $3.1BQ1'24Q2'24, Cash and equivalents: $73MQ2'24, Long-term debt: $3.1BQ3'24, Cash and equivalents: $77MQ3'24, Long-term debt: $2.7BQ3'24Q4'24, Cash and equivalents: $68MQ4'24, Long-term debt: $3.3BQ1'25, Cash and equivalents: $83MQ1'25, Long-term debt: $3.3BQ1'25Q2'25, Cash and equivalents: $74MQ2'25, Long-term debt: $3.3BQ3'25, Cash and equivalents: $98MQ3'25, Long-term debt: $3.3BQ3'25Q4'25, Cash and equivalents: $54MQ4'25, Long-term debt: $3.3BQ1'26, Cash and equivalents: $150MQ1'26, Long-term debt: $3.3BQ1'26Q2'26, Cash and equivalents: $172MQ2'26, Long-term debt: $3.3BQ3'26, Cash and equivalents: $231MQ3'26, Long-term debt: $3.3BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

DT Midstream, Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue336343336317314309303249+7.0%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income163173166156155155148113+5.2%
Other income (expense)33—230—10.0%
Pretax income163169170154153145146119+6.5%
Income tax4153364035343543+17.1%
Net income11811213011111510710873+2.6%
Diluted EPS ($)1.161.091.27—1.131.041.06—+2.7%
Diluted shares (millions)103103103—103103103——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

DT Midstream, Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents2311721505498748368+135.7%
Short-term investments—————————
Total current assets469409404318322291312310+45.7%
Total assets10,33210,20710,15510,08010,08010,08010,0809,935+2.5%
Total current liabilities403298321296349331381426+15.5%
Long-term debt3,2773,3263,3253,3243,3223,3213,3203,319−1.4%
Total liabilities5,3775,2865,2605,2025,2175,1455,1505,169+3.1%
Stockholders’ equity4,8154,7794,7534,7364,7024,6734,6424,627+2.4%
Shares outstanding (millions)102102102102102102102101—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

DT Midstream, Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow275222280161274185247152+0.4%
Capital expenditures9110578131143817190−36.4%
Free cash flow (CFO − capex)1841172023013110417662+40.5%
Depreciation and amortization7168696765636353+9.2%
Share repurchases—————————
Dividends paid9089838383837571+8.4%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 19, 2026.

Income statement

DT Midstream, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 16, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Aug 6, 2021FY2019ended Dec 31, 2019filed Feb 25, 2022
Revenue1,243981922920840754504
Cost of revenue———————
Gross profit———————
Research and development———————
Selling, general and administrative———————
Operating income614489471478402414261
Other income (expense)54112220
Pretax income598504500482422440292
Income tax14413710410010411672
Net income441354384370307312204
Diluted EPS ($)4.303.603.943.813.163.232.11
Diluted shares (millions)103989897979797

Balance sheet

DT Midstream, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 16, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Aug 6, 2021FY2019ended Dec 31, 2019filed Feb 25, 2022
Cash and equivalents5468566113242—
Short-term investments———————
Total current assets318310272262360483—
Total assets10,0809,9358,9828,8338,1668,3427,787
Total current liabilities2964264346141773,288—
Long-term debt3,3243,3193,0653,0593,0360—
Total liabilities5,2025,1694,7024,6794,1454,114—
Stockholders’ equity4,7364,6274,1394,0073,872——
Shares outstanding (millions)102101979797——

Cash flow statement

DT Midstream, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 16, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Aug 6, 2021FY2019ended Dec 31, 2019filed Feb 25, 2022
Operating cash flow867763798725572597390
Capital expenditures426350772338140518211
Free cash flow (CFO − capex)4414132638743279179
Depreciation and amortization25820918217016615293
Share repurchases——0300—
Dividends paid3242802632445800

Insider activity

Form 4 filings by officers, directors and 10% owners, November 3, 2024 to November 3, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$218K
2 purchases by 2 insiders; officers and directors $218K
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$266K
4 purchases by 2 insiders; officers and directors $266K
Sold, twelve months
$272K
1 sales by 1 insider; officers and directors $272K

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 7, 2026Pickle Elaine MDirectoropen-market buy1,500$132.61$199K5,808Aug 10, 2026
Aug 5, 2026Jewell Jeffrey AExecutive V.P., CFOopen-market buy145$133.78$19K89,877Aug 5, 2026
May 15, 2026Jewell Jeffrey AExecutive V.P., CFOopen-market buy150$147.73$22K89,732May 15, 2026
May 6, 2026Archon Angela NDirectoroption exercise1,178——6,073May 7, 2026
May 4, 2026Jewell Jeffrey AExecutive V.P., CFOoption exercise16,109——105,691May 6, 2026
May 4, 2026Jewell Jeffrey AExecutive V.P., CFOtax withholding16,109$138.70$2M89,582May 6, 2026
Mar 5, 2026Finland Joseph PeterChief Accounting Officertax withholding412$141.77$58K1,657Mar 9, 2026
Mar 5, 2026Finland Joseph PeterChief Accounting Officeroption exercise1,033——2,069Mar 9, 2026
Feb 26, 2026Tumminello Peter IDirectoropen-market sale2,002$135.79$272K11,386Feb 27, 2026
Feb 25, 2026Jewell Jeffrey AExecutive V.P., CFOopen-market buy185$136.33$25K89,583Feb 25, 2026
Feb 17, 2026Jewell Jeffrey AExecutive V.P., CFOaward35,628$0.00—105,317Feb 19, 2026
Feb 17, 2026Jewell Jeffrey AExecutive V.P., CFOtax withholding15,919$132.65$2M89,398Feb 19, 2026
Feb 17, 2026Cox MelissaE.V.P., Chief Admin. Off.tax withholding5,240$132.65$695K12,133Feb 19, 2026
Feb 17, 2026Cox MelissaE.V.P., Chief Admin. Off.award11,019$0.00—17,373Feb 19, 2026
Feb 17, 2026Slater DavidExec. Chair and CEO, Directoraward135,165$0.00—326,162Feb 19, 2026
Feb 17, 2026Slater DavidExec. Chair and CEO, Directortax withholding63,190$132.65$8M262,972Feb 19, 2026
Feb 17, 2026Finland Joseph PeterChief Accounting Officeraward1,500$0.00—1,676Feb 19, 2026
Feb 17, 2026Finland Joseph PeterChief Accounting Officertax withholding640$132.65$85K1,036Feb 19, 2026
Feb 17, 2026Zona ChristopherPresident and Chief Oper. Off.tax withholding16,814$132.65$2M96,130Feb 19, 2026
Feb 17, 2026Zona ChristopherPresident and Chief Oper. Off.award36,731$0.00—112,944Feb 19, 2026
Feb 17, 2026Ellis WendyE.V.P., Gen Counsel & Corp Secaward21,597$0.00—37,097Feb 19, 2026
Feb 17, 2026Ellis WendyE.V.P., Gen Counsel & Corp Sectax withholding10,324$132.65$1M26,773Feb 19, 2026
Feb 1, 2026Slater DavidExec. Chair and CEO, Directoroption exercise28,965——203,379Feb 3, 2026
Feb 1, 2026Slater DavidExec. Chair and CEO, Directortax withholding12,382$126.02$2M190,997Feb 3, 2026
Feb 1, 2026Finland Joseph PeterChief Accounting Officertax withholding145$126.02$18K176Feb 3, 2026

Full insider history for DT Midstream, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
DT Midstream, Inc., CIK 1842022 on EDGAR
Extract generated
November 4, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: not filed
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 4, 2026.

JSON file
/data/financials/DTM.json