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DT Midstream DTM Deferred Revenue

Deferred Revenue at other companies

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Enterprise Products PartnersEPD
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EQT CorporationEQT

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%
CapEx$78.0M+9.9%
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:ContractWithCustomerLiabilityCurrent.

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 deferred revenue?
DT Midstream (DTM) reported deferred revenue of $24M in Q1 2026.
How has DT Midstream's deferred revenue changed year-over-year?
DT Midstream's deferred revenue increased by 20.0% year-over-year, from $20M to $24M.
What is the long-term trend for DT Midstream's deferred revenue?
Over 3 years (2022 to 2025), DT Midstream's deferred revenue has grown at a 84.2% compound annual growth rate (CAGR), from $4M to $25M.
What does deferred revenue mean?
Money received from customers for services not yet provided within the next year.
How do you interpret deferred revenue?
An increase suggests strong advance bookings or prepayments, while a decrease may indicate a slowdown in new contract signings or faster revenue recognition.
How does deferred revenue compare across companies?
Common in midstream companies with take-or-pay contracts; peers typically show stable levels relative to total revenue.