DT Midstream, Inc. (DTM) Financial Statements (2024 and earlier)

Company Profile

Business Address 500 WOODWARD AVENUE
DETROIT, MI 48226-1279
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4922 - Natural Gas Transmission (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments61,000132,000
Cash and cash equivalents61,000132,000
Receivables161,000173,000
Prepaid expense22,00025,000
Other current assets 18,00025,000
Other undisclosed current assets 5,000
Total current assets:262,000360,000
Noncurrent Assets
Property, plant and equipment3,806,0003,490,000
Long-term investments and receivables2,200,0001,691,000
Long-term investments2,200,0001,691,000
Other noncurrent assets2,565,0002,625,000
Total noncurrent assets:8,571,0007,806,000
TOTAL ASSETS:8,833,0008,166,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities240,000104,000
Interest and dividends payable58,000
Taxes payable24,000
Accounts payable119,00022,000
Accrued liabilities121,000 
Debt330,00010,000
Other liabilities28,00047,000
Other undisclosed current liabilities16,00016,000
Total current liabilities:614,000177,000
Noncurrent Liabilities
Long-term debt and lease obligation3,059,0003,036,000
Long-term debt, excluding current maturities3,059,0003,036,000
Liabilities, other than long-term debt1,006,000932,000
Other liabilities1,006,000932,000
Total noncurrent liabilities:4,065,0003,968,000
Total liabilities:4,679,0004,145,000
Equity
Equity, attributable to parent4,007,0003,872,000
Common stock1,0001,000
Additional paid in capital3,469,0003,450,000
Accumulated other comprehensive loss(10,000)(10,000)
Retained earnings547,000431,000
Equity, attributable to noncontrolling interest147,000149,000
Total equity:4,154,0004,021,000
TOTAL LIABILITIES AND EQUITY:8,833,0008,166,000

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
Revenues920,000840,000
Gross profit:920,000840,000
Operating expenses(465,000)(421,000)
Other undisclosed operating income (loss)23,000(17,000)
Operating income:478,000402,000
Nonoperating income4,0006,000
Investment income, nonoperating3,0004,000
Other nonoperating income1,0002,000
Interest and debt expense(150,000)(112,000)
Income from continuing operations before equity method investments, income taxes:332,000296,000
Income from equity method investments150,000126,000
Income from continuing operations before income taxes:482,000422,000
Income tax expense(100,000)(104,000)
Income from continuing operations:382,000318,000
Income before gain (loss) on sale of properties:318,000
Net income:382,000318,000
Net loss attributable to noncontrolling interest(12,000)(11,000)
Net income available to common stockholders, diluted:370,000307,000

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
Net income:382,000318,000
Other comprehensive income 1,000
Other undisclosed comprehensive loss  
Comprehensive income:382,000319,000
Comprehensive loss, net of tax, attributable to noncontrolling interest(12,000)(11,000)
Comprehensive income, net of tax, attributable to parent:370,000308,000

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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