DT Midstream, Inc.DTM

Market cap
$14.2B
P/E ratio
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net Income318382396367
Depreciation and amortization166170182209
Stock-based compensation-172023
Amortization of operating lease right-of-use assets18191818
Deferred income taxes10470110120
Earnings from equity method investees126150177162
Dividends from equity method investees129181196161
Asset (gains) losses and impairments, net-17--
Loss from financing activities--13--5
Accounts receivable, net43-8-7-11
Accounts payable47-511
Contract liabilities--9723
Other current and noncurrent assets and liabilities5-254623
Net cash and cash equivalents from operating activities572725798763
Plant and equipment expenditures140338772350
Acquisition accounted for as a business combination---1,198
Proceeds from sale of notes receivable-22--
Distributions from equity method investees917427472
Contributions to equity method investees11575
Acquisition of additional interest in equity method investee-552--
Other investing activities-2--1-
Net cash and cash equivalents used for investing activities123-854-351-1,081
Proceeds from Issuance of Long-Term Debt3,047591-644
Repayment of long-term debt5596-399
Proceeds from Lines of Credit25370540385
Repayment of borrowings under the Revolving Credit Facility2540705400
Payment of Revolving Credit Facility issuance costs73-3
Proceeds from Issuance of Common Stock---406
Distributions to noncontrolling interests16141817
Dividends paid on common stock58244263280
Other financing activities--3-6-6
Net cash and cash equivalents from (used for) financing activities-60558-452330
Net Increase (Decrease) in Cash and Cash Equivalents90-71-512
Interest, net of interest capitalized103125140140
Income taxes3242212
Capital Expenditures Incurred but Not yet Paid10998044