DT Midstream annual free cash flow
2019
2020
2021
2022
2023
2024
2025
DT Midstream Free Cash Flow (FCF) History (DTM)
DT Midstream reported $441.0M in free cash flow for fiscal 2025, an increase of 6.78% from the previous fiscal year, with a free cash flow margin of 35.48%.
View full DT Midstream company overviewDT Midstream free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $441.0M | $28.0M | +6.78% | +35.48% |
| 2024 | 2024-12-31 | $413.0M | $387.0M | +1488.46% | +42.10% |
| 2023 | 2023-12-31 | $26.0M | −$361.0M | −93.28% | +2.82% |
| 2022 | 2022-12-31 | $387.0M | −$45.0M | −10.42% | +42.07% |
| 2021 | 2021-12-31 | $432.0M | $353.0M | +446.84% | +51.43% |
| 2020 | 2020-12-31 | $79.0M | −$100.0M | −55.87% | +10.48% |
| 2019 | 2019-12-31 | $179.0M | — | — | +35.52% |
DT Midstream quarterly free cash flow
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $117.0M | $13.0M | +12.50% | +34.11% |
| Q1 2026 | 2026-03-31 | $202.0M | $26.0M | +14.77% | +60.12% |
| Q4 2025 | 2025-12-31 | $30.0M | −$32.0M | −51.61% | +9.46% |
| Q3 2025 | 2025-09-30 | $131.0M | $7.0M | +5.65% | +41.72% |
| Q2 2025 | 2025-06-30 | $104.0M | $20.0M | +23.81% | +33.66% |
| Q1 2025 | 2025-03-31 | $176.0M | $33.0M | +23.08% | +58.09% |
| Q4 2024 | 2024-12-31 | $62.0M | $28.0M | +82.35% | +24.90% |
| Q3 2024 | 2024-09-30 | $124.0M | $100.0M | +416.67% | +50.00% |
| Q2 2024 | 2024-06-30 | $84.0M | $132.0M | — | +34.43% |
| Q1 2024 | 2024-03-31 | $143.0M | $127.0M | +793.75% | +59.58% |
| Q4 2023 | 2023-12-31 | $34.0M | $48.0M | — | +13.93% |
| Q3 2023 | 2023-09-30 | $24.0M | −$53.0M | −68.83% | +10.26% |
| Q2 2023 | 2023-06-30 | −$48.0M | −$158.0M | — | −21.43% |
| Q1 2023 | 2023-03-31 | $16.0M | −$198.0M | −92.52% | +7.27% |
| Q4 2022 | 2022-12-31 | −$14.0M | −$78.0M | — | −5.76% |
| Q3 2022 | 2022-09-30 | $77.0M | −$23.0M | −23.00% | +32.77% |
| Q2 2022 | 2022-06-30 | $110.0M | −$22.0M | −16.67% | +48.46% |
| Q1 2022 | 2022-03-31 | $214.0M | $78.0M | +57.35% | +99.53% |
| Q4 2021 | 2021-12-31 | $64.0M | $1.0M | +1.59% | +28.70% |
| Q3 2021 | 2021-09-30 | $100.0M | — | — | +47.17% |
| Q2 2021 | 2021-06-30 | $132.0M | — | — | +63.46% |
| Q1 2021 | 2021-03-31 | $136.0M | — | — | +69.04% |
| Q3 2020 | 2020-09-30 | $63.0M | — | — | +31.03% |
DT Midstream free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $79.0M to $441.0M, a compound annual growth rate of 41.05%. DT Midstream's latest reported quarter, Q2 2026, generated $117.0M in free cash flow, an increase of 12.50% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review DT Midstream filings at SEC.gov ↗