DCP Midstream, LP
Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $14.99B | $10.71B | $6.30B | $7.63B | $9.82B | $8.46B |
| Operating income | $715.0M | $165.0M | −$447.0M | −$150.0M | $223.0M | $222.0M |
| Net income | $1.05B | $391.0M | −$306.0M | $17.0M | $298.0M | $229.0M |
| Total assets | $13.33B | $13.38B | $12.96B | $14.13B | $14.27B | $13.88B |
| Total liabilities | $7.30B | $7.50B | $7.10B | $7.49B | $6.97B | $6.44B |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 208.4M | 208.4M | 208.3M | — | 143.3M | 143.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 4.8%
- Net margin
- 7.0%
- Return on equity
- —
- Return on assets
- 7.9%
- Return on capital (ROCE)
- 6.6%
- Liabilities / assets
- 54.7%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 40.0%
- Net income growth (YoY)
- 169.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Accruals / assets
- −6.2%clean
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 good- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Shareholder voteOct 16, 2023
- Other material eventSep 14, 2023
- Regulation FD disclosureJul 14, 2023
- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Regulation FD disclosureJun 15, 2023
- Other material eventMay 17, 2023
- Results of operationsMay 3, 2023
- Director / officer changeApr 21, 2023
- Results of operationsFeb 8, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.