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DT Midstream DTM Gathering — Earnings from equity method investees

Other segment segments

Pipeline
$43M+16.2%

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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$13.58B+28.1%
Enterprise value$16.8B+20.6%
P/E29.3×+1.1×
P/S10.6×+1.1×

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:IncomeLossFromEquityMethodInvestments.

The source filing: DT Midstream’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 2:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001842022-26-000006
Line itemPipelineGatheringTotal Reportable SegmentsEliminationsTotal Consolidated
Other (Income) and Deductions
Interest expense14264040
Interest income(1)(1)(1)
Earnings from equity method investees(43)(43)(43)
Income tax expense3063636
Less: Net Income Attributable to Noncontrolling Interests444
Net Income Attributable to DT Midstream$108$22$130$130
Capital expenditures$34$44$78$78

Item 1. Financial Statements

FAQ

What is DT Midstream's gathering — earnings from equity method investees?
DT Midstream (DTM) reported gathering — earnings from equity method investees of $0 in Q1 2026.
What does gathering — earnings from equity method investees mean?
Represents the company's share of net income from joint ventures or partnerships in the gathering space where the company has significant influence but not full control. This reflects the performance of collaborative infrastructure projects.

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