DCP Midstream LP
NYSE:DCP
Income Statement
Earnings Waterfall
DCP Midstream LP
Revenue
|
14.3B
USD
|
Cost of Revenue
|
-12B
USD
|
Gross Profit
|
2.3B
USD
|
Operating Expenses
|
-1.4B
USD
|
Operating Income
|
859m
USD
|
Other Expenses
|
263m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
DCP Midstream LP
Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 736
N/A
|
2 860
+5%
|
2 945
+3%
|
3 051
+4%
|
3 383
+11%
|
3 403
+1%
|
3 582
+5%
|
3 642
+2%
|
3 129
-14%
|
2 747
-12%
|
2 344
-15%
|
7 430
+217%
|
8 326
+12%
|
9 519
+14%
|
10 877
+14%
|
6 893
-37%
|
7 550
+10%
|
7 876
+4%
|
8 108
+3%
|
8 462
+4%
|
8 480
+0%
|
8 848
+4%
|
9 552
+8%
|
9 822
+3%
|
9 882
+1%
|
9 363
-5%
|
8 303
-11%
|
7 625
-8%
|
7 083
-7%
|
6 559
-7%
|
6 446
-2%
|
6 302
-2%
|
6 963
+10%
|
7 774
+12%
|
9 015
+16%
|
10 707
+19%
|
11 764
+10%
|
13 948
+19%
|
15 440
+11%
|
14 993
-3%
|
14 344
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 116)
|
(2 210)
|
(2 285)
|
(2 426)
|
(2 714)
|
(2 806)
|
(2 888)
|
(2 795)
|
(2 312)
|
(1 942)
|
(1 563)
|
(5 981)
|
(6 797)
|
(7 785)
|
(8 941)
|
(5 461)
|
(6 369)
|
(6 632)
|
(6 890)
|
(6 885)
|
(7 378)
|
(7 749)
|
(8 381)
|
(8 019)
|
(8 054)
|
(7 482)
|
(6 463)
|
(6 022)
|
(5 364)
|
(4 982)
|
(4 892)
|
(4 743)
|
(5 634)
|
(6 499)
|
(7 792)
|
(9 265)
|
(10 303)
|
(12 108)
|
(13 294)
|
(12 847)
|
(12 043)
|
|
Gross Profit |
620
N/A
|
650
+5%
|
660
+2%
|
625
-5%
|
669
+7%
|
597
-11%
|
694
+16%
|
847
+22%
|
817
-4%
|
805
-1%
|
781
-3%
|
1 449
+86%
|
1 529
+6%
|
1 734
+13%
|
1 936
+12%
|
1 432
-26%
|
1 181
-18%
|
1 244
+5%
|
1 218
-2%
|
1 577
+29%
|
1 102
-30%
|
1 099
0%
|
1 171
+7%
|
1 803
+54%
|
1 828
+1%
|
1 881
+3%
|
1 840
-2%
|
1 603
-13%
|
1 719
+7%
|
1 577
-8%
|
1 554
-1%
|
1 559
+0%
|
1 329
-15%
|
1 275
-4%
|
1 223
-4%
|
1 442
+18%
|
1 461
+1%
|
1 840
+26%
|
2 146
+17%
|
2 146
N/A
|
2 301
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(355)
|
(364)
|
(369)
|
(381)
|
(382)
|
(390)
|
(390)
|
(393)
|
(402)
|
(406)
|
(417)
|
(1 400)
|
(2 350)
|
(1 611)
|
(1 836)
|
(1 275)
|
(981)
|
(1 024)
|
(1 022)
|
(1 341)
|
(928)
|
(921)
|
(956)
|
(1 435)
|
(1 471)
|
(1 468)
|
(1 455)
|
(1 415)
|
(1 373)
|
(1 318)
|
(1 273)
|
(1 251)
|
(1 218)
|
(1 230)
|
(1 244)
|
(1 241)
|
(1 260)
|
(1 287)
|
(1 341)
|
(1 415)
|
(1 442)
|
|
Selling, General & Administrative |
(72)
|
(71)
|
(67)
|
(63)
|
(63)
|
(62)
|
(63)
|
(64)
|
(69)
|
(76)
|
(80)
|
(281)
|
(378)
|
(417)
|
(460)
|
(292)
|
(292)
|
(302)
|
(307)
|
(290)
|
(287)
|
(286)
|
(287)
|
(276)
|
(284)
|
(282)
|
(278)
|
(275)
|
(275)
|
(266)
|
(276)
|
(290)
|
(270)
|
(276)
|
(272)
|
(261)
|
(269)
|
(269)
|
(287)
|
(329)
|
(311)
|
|
Depreciation & Amortization |
(78)
|
(86)
|
(92)
|
(95)
|
(100)
|
(105)
|
(107)
|
(110)
|
(113)
|
(114)
|
(117)
|
(377)
|
(443)
|
(509)
|
(573)
|
(378)
|
(377)
|
(376)
|
(376)
|
(379)
|
(379)
|
(382)
|
(386)
|
(388)
|
(397)
|
(401)
|
(403)
|
(404)
|
(400)
|
(392)
|
(384)
|
(376)
|
(368)
|
(368)
|
(365)
|
(364)
|
(363)
|
(360)
|
(361)
|
(364)
|
(360)
|
|
Other Operating Expenses |
(205)
|
(207)
|
(210)
|
(223)
|
(219)
|
(223)
|
(220)
|
(219)
|
(220)
|
(216)
|
(220)
|
(742)
|
(1 529)
|
(685)
|
(803)
|
(605)
|
(312)
|
(346)
|
(339)
|
(672)
|
(262)
|
(253)
|
(283)
|
(771)
|
(790)
|
(785)
|
(774)
|
(736)
|
(698)
|
(660)
|
(613)
|
(585)
|
(580)
|
(586)
|
(607)
|
(616)
|
(628)
|
(658)
|
(693)
|
(722)
|
(771)
|
|
Operating Income |
265
N/A
|
286
+8%
|
291
+2%
|
244
-16%
|
287
+18%
|
207
-28%
|
304
+47%
|
454
+49%
|
415
-9%
|
399
-4%
|
364
-9%
|
49
-87%
|
(821)
N/A
|
123
N/A
|
100
-19%
|
157
+57%
|
200
+27%
|
220
+10%
|
196
-11%
|
236
+20%
|
174
-26%
|
178
+2%
|
215
+21%
|
368
+71%
|
357
-3%
|
413
+16%
|
385
-7%
|
188
-51%
|
346
+84%
|
259
-25%
|
281
+8%
|
308
+10%
|
111
-64%
|
45
-59%
|
(21)
N/A
|
201
N/A
|
201
N/A
|
553
+175%
|
805
+46%
|
731
-9%
|
859
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(10)
|
(18)
|
(19)
|
(31)
|
(32)
|
(18)
|
(11)
|
6
|
35
|
57
|
(136)
|
(150)
|
(178)
|
(209)
|
(39)
|
(25)
|
(6)
|
(3)
|
14
|
24
|
40
|
55
|
82
|
115
|
130
|
149
|
170
|
124
|
134
|
152
|
145
|
198
|
198
|
206
|
236
|
257
|
301
|
324
|
342
|
362
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(49)
|
(82)
|
(881)
|
0
|
(928)
|
(856)
|
22
|
0
|
70
|
(17)
|
(14)
|
0
|
(48)
|
0
|
(145)
|
(154)
|
(168)
|
(417)
|
(338)
|
(1 075)
|
(1 070)
|
(821)
|
(755)
|
(9)
|
(21)
|
(21)
|
(36)
|
(29)
|
(9)
|
(8)
|
(16)
|
(33)
|
|
Pre-Tax Income |
252
N/A
|
276
+10%
|
273
-1%
|
225
-18%
|
256
+14%
|
175
-32%
|
286
+63%
|
443
+55%
|
421
-5%
|
385
-9%
|
339
-12%
|
(968)
N/A
|
(971)
0%
|
(983)
-1%
|
(965)
+2%
|
140
N/A
|
175
+25%
|
284
+62%
|
176
-38%
|
236
+34%
|
198
-16%
|
170
-14%
|
270
+59%
|
305
+13%
|
318
+4%
|
375
+18%
|
117
-69%
|
20
-83%
|
(605)
N/A
|
(677)
-12%
|
(388)
+43%
|
(302)
+22%
|
300
N/A
|
222
-26%
|
164
-26%
|
401
+145%
|
429
+7%
|
845
+97%
|
1 121
+33%
|
1 057
-6%
|
1 188
+12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(2)
|
(8)
|
(10)
|
(11)
|
(12)
|
(6)
|
(4)
|
1
|
3
|
102
|
101
|
94
|
93
|
(46)
|
(45)
|
(44)
|
(45)
|
(2)
|
(2)
|
(1)
|
1
|
(3)
|
(3)
|
(2)
|
(3)
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
2
|
(6)
|
(7)
|
(9)
|
(10)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
251
|
275
|
271
|
217
|
246
|
164
|
274
|
437
|
417
|
386
|
342
|
(866)
|
(870)
|
(889)
|
(872)
|
94
|
130
|
240
|
131
|
234
|
196
|
169
|
271
|
302
|
315
|
373
|
114
|
21
|
(604)
|
(676)
|
(387)
|
(302)
|
301
|
223
|
166
|
395
|
422
|
836
|
1 111
|
1 056
|
1 187
|
|
Income to Minority Interest |
(12)
|
(14)
|
(15)
|
(17)
|
(24)
|
(20)
|
(17)
|
(14)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(7)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
|
Net Income (Common) |
143
N/A
|
160
+12%
|
150
-6%
|
105
-30%
|
121
+15%
|
37
-69%
|
143
+286%
|
303
+112%
|
294
-3%
|
259
-12%
|
213
-18%
|
104
-51%
|
107
+3%
|
154
+44%
|
203
+32%
|
188
-7%
|
206
+10%
|
239
+16%
|
91
-62%
|
61
-33%
|
14
-77%
|
(23)
N/A
|
62
N/A
|
87
+40%
|
95
+9%
|
147
+55%
|
(107)
N/A
|
(160)
-50%
|
(744)
-365%
|
(774)
-4%
|
(450)
+42%
|
(365)
+19%
|
238
N/A
|
160
-33%
|
102
-36%
|
332
+225%
|
359
+8%
|
773
+115%
|
1 047
+35%
|
982
-6%
|
1 122
+14%
|
|
EPS (Diluted) |
2.19
N/A
|
2.06
-6%
|
1.8
-13%
|
1.34
-26%
|
1.29
-4%
|
0.34
-74%
|
1.28
+276%
|
2.84
+122%
|
2.57
-10%
|
2.25
-12%
|
1.87
-17%
|
0.91
-51%
|
0.93
+2%
|
1.34
+44%
|
1.77
+32%
|
1.64
-7%
|
1.43
-13%
|
1.66
+16%
|
0.63
-62%
|
0.43
-32%
|
0.1
-77%
|
-0.16
N/A
|
0.43
N/A
|
0.61
+42%
|
0.66
+8%
|
1.02
+55%
|
-0.75
N/A
|
-1.05
-40%
|
-3.57
-240%
|
-3.7
-4%
|
-2.15
+42%
|
-1.75
+19%
|
1.14
N/A
|
0.77
-32%
|
0.49
-36%
|
1.59
+224%
|
1.72
+8%
|
3.71
+116%
|
5.02
+35%
|
4.71
-6%
|
5.38
+14%
|