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DT Midstream DTM Regulatory liabilities

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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$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:RegulatoryLiabilityNoncurrent.

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 regulatory liabilities?
DT Midstream (DTM) reported regulatory liabilities of $90M in Q1 2026.
How has DT Midstream's regulatory liabilities changed year-over-year?
DT Midstream's regulatory liabilities decreased by 0.0% year-over-year, from $90M to $90M.
What does regulatory liabilities mean?
Funds owed back to customers due to regulatory requirements.
How do you interpret regulatory liabilities?
An increase indicates that the company has collected more than allowed by regulators, which will likely be returned to customers, potentially impacting future cash flows.
How does regulatory liabilities compare across companies?
Specific to regulated utility and pipeline businesses; peers report these based on local regulatory commission rulings.