DT Midstream, Inc.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
DTM$116.48+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (millions, except per share amounts) | |||
| Revenues | |||
| Operating revenues | $1,243 | $981 | $922 |
| Operating Expenses | |||
| Operation and maintenance | 329 | 244 | 245 |
| Depreciation and amortization | 258 | 209 | 182 |
| Taxes other than income | 42 | 39 | 28 |
| Asset (gains) losses and impairments, net | — | — | (4) |
| Operating Income | 614 | 489 | 471 |
| Other (Income) and Deductions | |||
| Interest expense | 161 | 153 | 150 |
| Interest income | (2) | (7) | (1) |
| Earnings from equity method investees | (138) | (162) | (177) |
| Loss from financing activities | — | 5 | — |
| Other income | (5) | (4) | (1) |
| Income Before Income Taxes | 598 | 504 | 500 |
| Income Tax Expense | 144 | 137 | 104 |
| Net Income | 454 | 367 | 396 |
| Less: Net Income Attributable to Noncontrolling Interests | 13 | 13 | 12 |
| Net Income Attributable to DT Midstream | $441 | $354 | $384 |
| Basic Earnings per Common Share | |||
| Net Income Attributable to DT Midstream | $4.34 | $3.63 | $3.97 |
| Diluted Earnings per Common Share | |||
| Net Income Attributable to DT Midstream | $4.30 | $3.60 | $3.94 |
| Weighted Average Common Shares Outstanding | |||
| Basic | 101.6 | 97.6 | 96.9 |
| Diluted | 102.5 | 98.4 | 97.5 |
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