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DT Midstream DTM Gathering — D&A

Other segment segments

Pipeline
$29M+3.6%

Similar metrics at other companies

Antero Midstream Corporation logo
AMGathering And Compression — Depreciation And Amortization
$17.84M-6.2%
Antero Resources logo
ARGathering And Compression — D&A
$9.84M-56.9%
Antero Midstream Corporation logo
AMGathering And Compression — Depreciation
$17.84M-6.2%
OGE Energy logo
OGENatural Gas Midstream Operations — Depreciation And Amortization
$0
Antero Midstream Corporation logo
AMGathering And Compression — Amortization Of Intangible Assets
$12.38M+33.6%
VMI
VMIInfrastructure — D&A
$17.64M+13.2%

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:DepreciationAndAmortization.

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 gathering — D&A?
DT Midstream (DTM) reported gathering — D&A of $40M in Q1 2026.
How has DT Midstream's gathering — D&A changed year-over-year?
DT Midstream's gathering — D&A increased by 14.3% year-over-year, from $35M to $40M.
What is the long-term trend for DT Midstream's gathering — D&A?
Over 4 years (2021 to 2025), DT Midstream's gathering — D&A has grown at a 9.3% compound annual growth rate (CAGR), from $103M to $147M.
What does gathering — D&A mean?
The non-cash expense representing the gradual wear and aging of gathering infrastructure assets.
How do you interpret gathering — D&A?
An increase typically reflects significant capital investment in new assets, while a decrease may indicate an aging asset base with fully depreciated components.
How does gathering — D&A compare across companies?
Standard accounting metric across all capital-intensive industries; peers report this as 'D&A' within segment notes.