DT Midstream (DTM) Operating Income (2020 - 2026)
DT Midstream (DTM) recorded Operating Income of $173 million in Q2 2026, up 11.6% from $155 million a year earlier and up 4.2% from the prior quarter.
DT Midstream (DTM) Operating Income (2020 - 2026) Analysis & Trends
On a TTM basis, DT Midstream's Operating Income came in at $650 million as of Jun 30, 2026, up 20.8% year-over-year; for FY2025, it was $614 million, up 25.6% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $489 million in FY2024 (+3.8%), $471 million in FY2023 (-1.5%), $478 million in FY2022 (+18.9%) and $402 million in FY2021 (-2.9%).
- The Q2 2026 figure is the highest quarterly Operating Income in data going back to Q2 2020.
- On a year-over-year basis, Operating Income has increased for six consecutive quarters, with growth averaging 15.0% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 59.3% in Q2 2022, against a decline of 14.6% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $166 million (Q1 2026), $156 million (Q4 2025) and $155 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 1.35 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 3.87 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 1.23 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.38 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 4.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 1.59 Bn |
| 10 | DT Midstream | 12.19 Bn | 11.86 Bn | - | 173.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.00 Mn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 156.00 Mn |
| Sep 30, 2025 | 155.00 Mn |
| Jun 30, 2025 | 155.00 Mn |
| Mar 31, 2025 | 148.00 Mn |
| Dec 31, 2024 | 113.00 Mn |
| Sep 30, 2024 | 122.00 Mn |
| Jun 30, 2024 | 130.00 Mn |
| Mar 31, 2024 | 124.00 Mn |
| Dec 31, 2023 | 120.00 Mn |
| Sep 30, 2023 | 124.00 Mn |
| Jun 30, 2023 | 117.00 Mn |
| Mar 31, 2023 | 110.00 Mn |
| Dec 31, 2022 | 116.00 Mn |
| Sep 30, 2022 | 121.00 Mn |
| Jun 30, 2022 | 137.00 Mn |
| Mar 31, 2022 | 104.00 Mn |
| Dec 31, 2021 | 110.00 Mn |
| Sep 30, 2021 | 106.00 Mn |
DT Midstream Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=DTM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "DTM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=DTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();