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CapEx at other companies

Williams Companies logo
Williams CompaniesWMB
$954M+39.9%
Enterprise Products Partners logo
Enterprise Products PartnersEPD
$983M-7.4%
TRG
Targa ResourcesTRGP
$899.5M+13.5%
Oneok logo
OneokOKE
$864M+37.4%
Energy Transfer logo
Energy TransferET
$1.92B+56.5%
Kinder Morgan logo
Kinder MorganKMI

Other financials

Income statement

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Revenue$336.0M+10.9%
Operating income$166.0M+12.2%
Net income$130.0M+20.4%
EPS (diluted)$1.27+19.8%

Balance sheet

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Cash & equivalents$150.0M+80.7%
Total debt$3.4B-1.8%
Total equity$4.8B+2.4%
Total assets$10.2B+0.7%

Cash flow

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Operating cash flow$280.0M+13.4%
Free cash flow$202.0M+14.8%

Valuation

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Market cap$14.62B+40.2%
Enterprise value$17.84B+29.0%
P/E31.6×+3.0×
P/S11.5×+1.5×

Profitability

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Operating margin49.5%+0.4pp
Net margin36.3%+1.3pp
FCF margin36.6%-6.1pp

Returns & leverage

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Return on equity9.9%+1.6pp
Debt / equity0.7×0.0×
Current ratio1.3×+0.4×

Where this comes from

Reported directly by DT Midstream in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: DT Midstream’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DT Midstream's capex?
DT Midstream (DTM) reported capex of $78M in Q1 2026.
How has DT Midstream's capex changed year-over-year?
DT Midstream's capex increased by 9.9% year-over-year, from $71M to $78M.
What is the long-term trend for DT Midstream's capex?
Over 4 years (2021 to 2025), DT Midstream's capex has grown at a 32.1% compound annual growth rate (CAGR), from $140M to $426M.
What does capex mean?
Cash spent on purchasing or maintaining long-term physical assets.
How do you interpret capex?
High spending indicates growth investment or maintenance, while low spending may signal a focus on cash preservation or asset maturity.
How does capex compare across companies?
High in capital-intensive industries like midstream energy; peers often benchmark this against maintenance vs. growth projects.