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DT Midstream DTM Gathering — Goodwill

Other segment segments

Pipeline
$361M+1.4%

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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:Goodwill.

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 itemMarch 31, 2026December 31, 2025
Pipeline$361$361
Gathering420420
Total Goodwill$781$781

Item 1. Financial Statements

FAQ

What is DT Midstream's gathering — goodwill?
DT Midstream (DTM) reported gathering — goodwill of $420M in Q1 2026.
How has DT Midstream's gathering — goodwill changed year-over-year?
DT Midstream's gathering — goodwill decreased by 0.0% year-over-year, from $420M to $420M.
What is the long-term trend for DT Midstream's gathering — goodwill?
Over 2 years (2023 to 2025), DT Midstream's gathering — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $1.68B to $1.68B.
What does gathering — goodwill mean?
Represents the intangible asset value recorded when the purchase price of a gathering business acquisition exceeds the fair market value of its identifiable net assets. It reflects the premium paid for expected synergies, market share, and strategic positioning within the gathering sector.

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