DT Midstream, Inc.
DTMNYSEUtilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.24B | $981.0M | $922.0M | $920.0M | $840.0M | $754.0M |
| Operating income | $614.0M | $489.0M | $471.0M | $478.0M | $402.0M | $414.0M |
| Net income | $441.0M | $354.0M | $384.0M | $370.0M | $307.0M | $312.0M |
| Total assets | $10.08B | $9.94B | $8.98B | $8.83B | $8.17B | $8.34B |
| Total liabilities | $5.20B | $5.17B | $4.70B | $4.68B | $4.14B | $4.11B |
| Equity | $4.74B | $4.63B | $4.14B | $4.01B | $3.87B | $4.23B |
| EPS (diluted) | $4.30 | $3.60 | $3.94 | $3.81 | $3.16 | $3.23 |
| Shares out. | 101.4M | 97.0M | 96.9M | 96.7M | 96.7M | 96.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 49.4%
- Net margin
- 35.5%
- Return on equity
- 9.3%
- Return on assets
- 4.4%
- Return on capital (ROCE)
- 6.3%
- Liabilities / assets
- 51.6%
- Debt / equity
- 1.10×
- Book value / share
- $46.73
- Revenue growth (YoY)
- 26.7%
- Net income growth (YoY)
- 24.6%
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 · FY2025- Altman Z″ (distress)
- 1.65grey zone
- Accruals / assets
- −4.2%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
● 1 warning● 4 good- Altman Z″ in the grey zone
- 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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Capital Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Blackrock, Inc.Passive (13G)Oct 3, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 3.8M | 5.4 | +2.0% |
| Apr 30, 2026 | 3.8M | 4.0 | +9.0% |
| Apr 15, 2026 | 3.5M | 4.8 | -1.3% |
| Mar 31, 2026 | 3.5M | 3.4 | -8.3% |
| Mar 13, 2026 | 3.8M | 5.5 | +2.6% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeMay 12, 2026
- Shareholder voteMay 7, 2026
- Results of operations · Regulation FD disclosureApr 30, 2026
- Results of operations · Regulation FD disclosureFeb 19, 2026
- Director / officer changeJan 29, 2026
- Results of operations · Regulation FD disclosureOct 30, 2025
- Director / officer changeSep 22, 2025
- Results of operations · Regulation FD disclosureJul 31, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4FORM 4May 15, 2026
- 8-KMay 12, 2026
- 4FORM 4May 7, 2026
- 4FORM 4May 7, 2026
- 4FORM 4May 7, 2026
- 4FORM 4May 7, 2026
- 4FORM 4May 7, 2026
- 4FORM 4May 7, 2026
- 8-KMay 7, 2026
- 4FORM 4May 6, 2026
- 10-QApr 30, 2026
- 8-KApr 30, 2026
- SCHEDULE 13GApr 29, 2026
- SCHEDULE 13GApr 29, 2026
- SCHEDULE 13G/AMar 26, 2026
Corporate family
Spun off from DTE EnergyDTE · May 26, 2021
From the spin-off filings we track. Follow a company to walk its own history.