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DT Midstream (DTM) backlog: remaining performance obligations

How much revenue DT Midstream already has under contract, how fast it converts, and who it is with.

Data as of .

DT Midstream backlog history

$0$500M$1BDec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Sep 2026$194M$1.33B0.1 yrs$194M
30 Jun 2026$192M$1.31B0.1 yrs$192M
31 Mar 2026$186M$1.28B0.1 yrs$186M
31 Dec 2025$185M$1.24B0.1 yrs$185M
30 Sep 2025$179M$1.18B0.2 yrs$179M
30 Jun 2025$164M$1.11B0.1 yrs$164M
31 Mar 2025$155M$1.04B0.1 yrs$155M
31 Dec 2024$153M$981M0.2 yrs$153M
30 Sep 2024$146M$976M0.1 yrs$146M
30 Jun 2024$146M$962M0.2 yrs$146M
31 Mar 2024$146M$942M0.2 yrs$146M
31 Dec 2023$129M$922M0.1 yrs$129M

Questions

What is DT Midstream's backlog?
DT Midstream reported $194M of remaining performance obligations at 30 Sep 2026, up 8% from a year earlier and up 1% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.01.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.