DT Midstream, Inc.
DT Midstream (NYSE: DTM) owns, operates and develops natural gas midstream infrastructure, providing transportation, storage, gathering, treatment and compression services to natural gas producers, local distribution companies, electric power generators, industrial customers and national marketers. Its two reportable… From the company’s description.
In fiscal 2025, DT Midstream, Inc. reported revenue of $1.24B, up 26.7% from fiscal 2024, and net income of $454.00M. Its operating margin was 49.4%, and operations generated $867.00M in cash. Over the twelve months to Jun 30, 2026, revenue was $1.31B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What DT Midstream, Inc. does
In the company’s own words
DT Midstream (NYSE: DTM) owns, operates and develops natural gas midstream infrastructure, providing transportation, storage, gathering, treatment and compression services to natural gas producers, local distribution companies, electric power generators, industrial customers and national marketers. Its two reportable segments are Pipeline, comprising interstate and intrastate pipelines, storage systems and gathering lateral pipelines, and Gathering, comprising gathering systems and related treatment and compression facilities. Pipeline accounted for approximately 55% of consolidated revenue and Gathering approximately 45% in 2025. The company’s assets connect production in the Marcellus, Utica and Haynesville formations with demand centers in the Midwest, Eastern Canada and Northeast, as well as Gulf Coast markets and LNG export terminals. Its portfolio includes wholly owned pipelines such as Guardian, Midwestern, Viking and LEAP, and interests in pipeline joint ventures including Millennium, NEXUS and Vector. DT Midstream was spun off from DTE Energy in 2021 and expanded its Pipeline segment through the 2024 Midwest Pipeline Acquisition. It employed 588 people at year-end 2025. Its website is www.dtmidstream.com.
Company details
- Sector
- Energy
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- DETROIT, MI
- Fiscal year end
- December
- CIK
- 1842022
- SIC
- 4922
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns DT Midstream, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · DT Midstream, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do DT Midstream, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of DT Midstream, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in DT Midstream, Inc.'s last four quarterly filings that the numbers alone won't show?”
