To the full analysis
DT Midstream stock: growth
DTMDT Midstream reported $1.24B in revenue for fiscal 2025, up 26.7% on the prior year, up 10.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14.4%
per year from 2018 to 2025, per share 13.6%
Earnings (Annual rate)
9.7%
per year from 2018 to 2025, per share 9.4%
Free cash flow (Annual rate)
13.4%
per year from 2018 to 2025, per share 12.6%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2018 | |
|---|---|---|
| Revenue | 10.5% | 14.4% |
| Revenue per share | 9.5% | 13.6% |
| Earnings | 7.2% | 9.7% |
| Earnings per share | 6.8% | 9.4% |
| Free cash flow | 41.0% | 13.4% |
| Free cash flow per share | 39.7% | 12.6% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2018 | $485M | $231M | $183M |
| 2019 | $504M | $204M | $179M |
| 2020 | $754M | $312M | $79M |
| 2021 | $840M | $307M | $432M |
| 2022 | $920M | $370M | $387M |
| 2023 | $922M | $384M | $26M |
| 2024 | $981M | $354M | $413M |
| 2025 | $1.24B | $441M | $441M |
Revenue by segment
How DT Midstream, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Pipeline55%
- Gathering45%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Pipeline | $307M | $339M | $377M | $443M | $687M | 55.3% |
| Gathering | $534M | $581M | $545M | $538M | $556M | 44.7% |
| Total revenue | $840M | $920M | $922M | $981M | $1.24B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 20 Feb 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
