DT Midstream, Inc. (DTM) quarterly cash flow statement — complete operating, investing & financing history
DT Midstream, Inc. (DTM) cash flow statement — 8-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 275M | 222M | 280M | 161M | 274M | 185M | 247M | 152M | 205M | 165M | 241M | 184M | 225M | 145M | 244M | 151M | 195M | 145M | 234M | 108M |
| Operating CF Margin % | 81.85% | 64.72% | 83.33% | 50.79% | 87.26% | 59.87% | 81.52% | 61.04% | 82.66% | 67.62% | 100.42% | 75.41% | 96.15% | 64.73% | 110.91% | 62.14% | 82.98% | 63.88% | 108.84% | 48.43% |
| Operating CF Growth % | 0.36% | 20% | 13.36% | 5.92% | 33.66% | 12.12% | 2.49% | -17.39% | -8.89% | 13.79% | -1.23% | 21.85% | 15.38% | 0% | 4.27% | 39.81% | 43.38% | -12.12% | 43.56% | -24.48% |
| Net Income | 122M | 116M | 134M | 114M | 118M | 111M | 111M | 76M | 91M | 100M | 97M | 121M | 94M | 94M | 84M | 88M | 116M | 91M | 81M | 89M |
| Depreciation & Amortization | 76M | 72M | 73M | 71M | 69M | 68M | 67M | 58M | 57M | 58M | 54M | 53M | 51M | 48M | 48M | 49M | 47M | 46M | 47M | 60M |
| Stock-Based Compensation | 7M | 6M | 6M | 7M | 7M | 6M | 6M | 6M | 6M | 6M | 5M | 5M | 5M | 5M | 5M | 4M | 5M | 4M | 4M | -2M |
| Deferred Taxes | 36M | 47M | 33M | 38M | 38M | 28M | 33M | 42M | 19M | 30M | 29M | 19M | 29M | 26M | 36M | 19M | 3M | 26M | 22M | 28M |
| Other Non-Cash Items | 3M | 0 | -2M | -4M | 12M | -1M | -7M | 2M | -1M | 2M | 4M | 2M | -2M | 4M | 18M | 26M | -2M | -2M | 15M | -3M |
| Working Capital Changes | 31M | -19M | 36M | -65M | 30M | -27M | 37M | -32M | 33M | -31M | 52M | -16M | 48M | -32M | 53M | -35M | 26M | -20M | 65M | -64M |
| Change in Receivables | -1M | 2M | 0 | -11M | -12M | -5M | 4M | -5M | 5M | -8M | 19M | -8M | -2M | -22M | 39M | -11M | -13M | -18M | 50M | -23M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2M | 29M | -29M | 0 | 0 | 0 | 0 | 0 | -28M |
| Change in Payables | 5M | 1M | -3M | 2M | -2M | -3M | -10M | 5M | 10M | 2M | -6M | -1M | 2M | 2M | -8M | 9M | -1M | 1M | -2M | 3M |
| Cash from Investing | -72M | -104M | -68M | -118M | -130M | -70M | -54M | -1.28B | 346M | -72M | -71M | -128M | -192M | 185M | -216M | -704M | -119M | -14M | -17M | -40M |
| Capital Expenditures | -91M | -105M | -78M | -131M | -143M | -81M | -71M | -90M | -81M | -81M | -98M | -150M | -201M | -193M | -228M | -165M | -118M | -35M | -20M | -44M |
| CapEx % of Revenue | 27.08% | 30.61% | 23.21% | 41.32% | 45.54% | 26.21% | 23.43% | 36.14% | 32.66% | 33.2% | 40.83% | 61.48% | 85.9% | 86.16% | 103.64% | 67.9% | 50.21% | 15.42% | 9.3% | 19.73% |
| Acquisitions | -7M | -5M | -5M | -2M | -1M | 9M | -1M | -1.2B | -3M | 0 | 0 | -1M | 0 | -4M | -2M | -553M | -2M | -2M | 0 | 11M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 26M | 6M | 15M | 15M | 14M | 2M | 18M | 5M | 430M | 9M | 28M | 23M | 9M | 382M | 14M | 14M | 1M | 25M | 3M | -7M |
| Cash from Financing | -144M | -96M | -116M | -87M | -120M | -124M | -178M | 1.12B | -547M | -61M | -185M | -30M | -48M | -380M | 6M | 259M | -66M | -67M | -68M | -64M |
| Debt Issued (Net) | -49M | 1M | 0 | 0 | -25M | -40M | -85M | 794M | -469M | 15M | -110M | 40M | 25M | -310M | 80M | 330M | 0 | -2M | -3M | -3M |
| Equity Issued (Net) | 0 | 0 | -29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3M | 0 |
| Dividends Paid | -90M | -89M | -83M | -83M | -83M | -83M | -75M | -71M | -71M | -71M | -67M | -67M | -67M | -67M | -62M | -62M | -62M | -62M | -58M | -58M |
| Share Repurchases | 0 | 0 | -29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3M | 0 |
| Other Financing | -5M | -8M | -4M | -4M | -12M | -1M | -18M | 400M | -7M | -5M | -8M | -3M | -6M | -3M | -12M | -9M | -4M | -3M | -4M | -3M |
| Net Change in Cash | 59M | 22M | 96M | -44M | 24M | -9M | 15M | -9M | 4M | 32M | -15M | 26M | -15M | -50M | 34M | -294M | 10M | 64M | 149M | 4M |
| Free Cash Flow | 184M | 117M | 202M | 30M | 131M | 104M | 176M | 62M | 124M | 84M | 143M | 34M | 24M | -48M | 16M | -14M | 77M | 110M | 214M | 64M |
| FCF Margin % | 54.76% | 34.11% | 60.12% | 9.46% | 41.72% | 33.66% | 58.09% | 24.9% | 50% | 34.43% | 59.58% | 13.93% | 10.26% | -21.43% | 7.27% | -5.76% | 32.77% | 48.46% | 99.53% | 28.7% |
| FCF Growth % | 40.46% | 12.5% | 14.77% | -51.61% | 5.65% | 23.81% | 23.08% | 82.35% | 416.67% | 275% | 793.75% | 342.86% | -68.83% | -143.64% | -92.52% | -121.88% | -23% | -16.67% | 57.35% | -1.54% |
| FCF per Share | 1.79 | 1.14 | 1.97 | 0.29 | 1.28 | 1.01 | 1.72 | 0.62 | 1.27 | 0.86 | 1.46 | 0.35 | 0.25 | -0.49 | 0.16 | -0.14 | 0.79 | 1.13 | 2.21 | 0.66 |
| FCF Conversion (FCF/Net Income) | 2.33x | 1.98x | 2.15x | 1.45x | 2.38x | 1.73x | 2.29x | 2.08x | 2.33x | 1.72x | 2.48x | 1.52x | 2.47x | 1.59x | 3.01x | 1.78x | 1.73x | 1.59x | 2.89x | 1.24x |
| Interest Paid | 2M | 77M | 0 | 77M | -1M | 76M | 0 | 60M | 6M | 64M | 10M | 64M | 7M | 63M | 0 | 66M | 4M | 49M | 6M | 53M |
| Taxes Paid | 4M | 3M | 2M | 0 | 1M | 0 | 0 | 5M | 4M | 1M | 2M | 1M | 3M | 18M | 0 | 15M | 2M | 6M | 1M | 1M |