DT Midstream, Inc. (DTM) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 1.98%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 1.98% | Share-based compensation / revenue. Period ending 2026-06-30. $26.00M ÷ $1.31B × 100 ≈ 1.98% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 1.31B USD | |
| Stock-based compensation | 26.00M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 650.00M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $1.31B | $26.00M | $650.00M | (m) | (m) | 1.98% | (m) | (m) |
| 2026-03-31 | (m) | $1.28B | $26.00M | $632.00M | (m) | (m) | 2.04% | (m) | (m) |
| 2025-12-31 | (m) | $1.24B | $26.00M | $614.00M | (m) | (m) | 2.09% | (m) | (m) |
| 2025-09-30 | (m) | $1.18B | $25.00M | $571.00M | (m) | (m) | 2.13% | (m) | (m) |
| 2025-06-30 | (m) | $1.11B | $24.00M | $538.00M | (m) | (m) | 2.16% | (m) | (m) |
| 2025-03-31 | (m) | $1.04B | $24.00M | $513.00M | (m) | (m) | 2.30% | (m) | (m) |
| 2024-12-31 | (m) | $981.00M | $23.00M | $489.00M | (m) | (m) | 2.34% | (m) | (m) |
| 2024-09-30 | (m) | $976.00M | $22.00M | $496.00M | (m) | (m) | 2.25% | (m) | (m) |
| 2024-06-30 | (m) | $962.00M | $21.00M | $498.00M | (m) | (m) | 2.18% | (m) | (m) |
| 2024-03-31 | (m) | $942.00M | $20.00M | $485.00M | $152.00M | (m) | 2.12% | 3.19× | Reported |
| 2023-12-31 | (m) | $922.00M | $20.00M | $471.00M | $150.00M | (m) | 2.17% | 3.14× | Reported |
| 2023-09-30 | (m) | $921.00M | $19.00M | $467.00M | $149.00M | (m) | 2.06% | 3.13× | Reported |
| 2023-06-30 | (m) | $922.00M | $19.00M | $464.00M | $146.00M | (m) | 2.06% | 3.18× | Reported |
| 2023-03-31 | (m) | $925.00M | $18.00M | $484.00M | $144.00M | (m) | 1.95% | 3.36× | Reported |
| 2022-12-31 | (m) | $920.00M | $17.00M | $478.00M | $137.00M | (m) | 1.85% | 3.49× | Reported |
| 2022-09-30 | (m) | $900.00M | (m) | $472.00M | $130.00M | (m) | (m) | 3.63× | Reported |
| 2022-06-30 | (m) | $877.00M | (m) | $457.00M | $126.00M | (m) | (m) | 3.63× | Reported |
| 2022-03-31 | (m) | $858.00M | (m) | $406.00M | $117.00M | (m) | (m) | 3.47× | Reported |
| 2021-12-31 | (m) | $840.00M | (m) | $402.00M | $112.00M | (m) | (m) | 3.59× | Reported |
| 2021-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | $754.00M | (m) | $414.00M | $113.00M | (m) | (m) | 3.66× | Reported |
| 2020-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | $504.00M | (m) | $261.00M | $75.00M | (m) | (m) | 3.48× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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