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Side-by-side financial comparison of BOX INC (BOX) and DT Midstream, Inc. (DTM). Click either name above to swap in a different company.

DT Midstream, Inc. is the larger business by last-quarter revenue ($317.0M vs $301.1M, roughly 1.1× BOX INC). DT Midstream, Inc. runs the higher net margin — 35.0% vs 4.0%, a 31.0% gap on every dollar of revenue. On growth, DT Midstream, Inc. posted the faster year-over-year revenue change (27.3% vs 9.1%). BOX INC produced more free cash flow last quarter ($71.3M vs $30.0M). Over the past eight quarters, DT Midstream, Inc.'s revenue compounded faster (14.9% CAGR vs 7.0%).

Box, Inc. is an American public company based in Redwood City, California. It develops and markets cloud-based content management, collaboration, and file sharing tools for businesses. Box was founded in 2005 by Aaron Levie and Dylan Smith. Initially, it focused on consumers, but around 2009 and 2010 Box pivoted to focus on business users. The company raised about $500 million over numerous funding rounds before going public in 2015. Its software allows users to store and manage files in an o...

Oneok, Inc. ONE-oak, stylized as ONEOK, is an American oil and gas midstream operator headquartered in Tulsa, Oklahoma. It provides the oil and gas industry with gathering, processing, fractionation, transportation, and storage services. The company is part of the Fortune 500 and S&P 500. Oneok was founded as Oklahoma Natural Gas Company in 1906, but it changed its corporate name to Oneok in 1980.

BOX vs DTM — Head-to-Head

Bigger by revenue
DTM
DTM
1.1× larger
DTM
$317.0M
$301.1M
BOX
Growing faster (revenue YoY)
DTM
DTM
+18.2% gap
DTM
27.3%
9.1%
BOX
Higher net margin
DTM
DTM
31.0% more per $
DTM
35.0%
4.0%
BOX
More free cash flow
BOX
BOX
$41.3M more FCF
BOX
$71.3M
$30.0M
DTM
Faster 2-yr revenue CAGR
DTM
DTM
Annualised
DTM
14.9%
7.0%
BOX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOX
BOX
DTM
DTM
Revenue
$301.1M
$317.0M
Net Profit
$12.1M
$111.0M
Gross Margin
79.6%
Operating Margin
8.3%
49.2%
Net Margin
4.0%
35.0%
Revenue YoY
9.1%
27.3%
Net Profit YoY
-6.4%
52.1%
EPS (diluted)
$0.05
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOX
BOX
DTM
DTM
Q4 25
$301.1M
$317.0M
Q3 25
$294.0M
$314.0M
Q2 25
$276.3M
$309.0M
Q1 25
$279.5M
$303.0M
Q4 24
$275.9M
$249.0M
Q3 24
$270.0M
$248.0M
Q2 24
$264.7M
$244.0M
Q1 24
$262.9M
$240.0M
Net Profit
BOX
BOX
DTM
DTM
Q4 25
$12.1M
$111.0M
Q3 25
$13.4M
$115.0M
Q2 25
$8.2M
$107.0M
Q1 25
$194.0M
$108.0M
Q4 24
$12.9M
$73.0M
Q3 24
$20.5M
$88.0M
Q2 24
$17.2M
$96.0M
Q1 24
$99.2M
$97.0M
Gross Margin
BOX
BOX
DTM
DTM
Q4 25
79.6%
Q3 25
79.1%
Q2 25
78.0%
Q1 25
79.0%
Q4 24
79.9%
Q3 24
79.4%
Q2 24
78.0%
Q1 24
76.1%
Operating Margin
BOX
BOX
DTM
DTM
Q4 25
8.3%
49.2%
Q3 25
7.0%
49.4%
Q2 25
2.3%
50.2%
Q1 25
6.4%
48.8%
Q4 24
8.5%
45.4%
Q3 24
7.5%
49.2%
Q2 24
6.8%
53.3%
Q1 24
8.1%
51.7%
Net Margin
BOX
BOX
DTM
DTM
Q4 25
4.0%
35.0%
Q3 25
4.6%
36.6%
Q2 25
3.0%
34.6%
Q1 25
69.4%
35.6%
Q4 24
4.7%
29.3%
Q3 24
7.6%
35.5%
Q2 24
6.5%
39.3%
Q1 24
37.7%
40.4%
EPS (diluted)
BOX
BOX
DTM
DTM
Q4 25
$0.05
$1.07
Q3 25
$0.05
$1.13
Q2 25
$0.02
$1.04
Q1 25
$1.13
$1.06
Q4 24
$0.05
$0.73
Q3 24
$0.10
$0.90
Q2 24
$0.08
$0.98
Q1 24
$0.57
$0.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOX
BOX
DTM
DTM
Cash + ST InvestmentsLiquidity on hand
$729.6M
$54.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-286.6M
$4.7B
Total Assets
$1.6B
$10.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOX
BOX
DTM
DTM
Q4 25
$729.6M
$54.0M
Q3 25
$757.9M
$98.0M
Q2 25
$790.4M
$74.0M
Q1 25
$722.8M
$83.0M
Q4 24
$697.9M
$68.0M
Q3 24
$482.2M
$77.0M
Q2 24
$566.1M
$73.0M
Q1 24
$480.7M
$41.0M
Total Debt
BOX
BOX
DTM
DTM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$3.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BOX
BOX
DTM
DTM
Q4 25
$-286.6M
$4.7B
Q3 25
$-269.4M
$4.7B
Q2 25
$-280.1M
$4.7B
Q1 25
$-297.0M
$4.6B
Q4 24
$-479.9M
$4.6B
Q3 24
$-439.4M
$4.2B
Q2 24
$-397.9M
$4.2B
Q1 24
$-431.1M
$4.2B
Total Assets
BOX
BOX
DTM
DTM
Q4 25
$1.6B
$10.1B
Q3 25
$1.6B
$10.1B
Q2 25
$1.6B
$10.0B
Q1 25
$1.7B
$9.9B
Q4 24
$1.4B
$9.9B
Q3 24
$1.1B
$8.6B
Q2 24
$1.2B
$9.0B
Q1 24
$1.2B
$9.0B
Debt / Equity
BOX
BOX
DTM
DTM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.72×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOX
BOX
DTM
DTM
Operating Cash FlowLast quarter
$73.0M
$161.0M
Free Cash FlowOCF − Capex
$71.3M
$30.0M
FCF MarginFCF / Revenue
23.7%
9.5%
Capex IntensityCapex / Revenue
0.6%
41.3%
Cash ConversionOCF / Net Profit
6.05×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$343.5M
$441.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOX
BOX
DTM
DTM
Q4 25
$73.0M
$161.0M
Q3 25
$46.0M
$274.0M
Q2 25
$127.1M
$185.0M
Q1 25
$102.2M
$247.0M
Q4 24
$62.6M
$152.0M
Q3 24
$36.3M
$205.0M
Q2 24
$131.2M
$165.0M
Q1 24
$89.3M
$241.0M
Free Cash Flow
BOX
BOX
DTM
DTM
Q4 25
$71.3M
$30.0M
Q3 25
$43.9M
$131.0M
Q2 25
$126.7M
$104.0M
Q1 25
$101.5M
$176.0M
Q4 24
$62.3M
$62.0M
Q3 24
$35.9M
$124.0M
Q2 24
$129.9M
$84.0M
Q1 24
$89.1M
$143.0M
FCF Margin
BOX
BOX
DTM
DTM
Q4 25
23.7%
9.5%
Q3 25
14.9%
41.7%
Q2 25
45.9%
33.7%
Q1 25
36.3%
58.1%
Q4 24
22.6%
24.9%
Q3 24
13.3%
50.0%
Q2 24
49.1%
34.4%
Q1 24
33.9%
59.6%
Capex Intensity
BOX
BOX
DTM
DTM
Q4 25
0.6%
41.3%
Q3 25
0.7%
45.5%
Q2 25
0.1%
26.2%
Q1 25
0.2%
23.4%
Q4 24
0.1%
36.1%
Q3 24
0.1%
32.7%
Q2 24
0.5%
33.2%
Q1 24
0.1%
40.8%
Cash Conversion
BOX
BOX
DTM
DTM
Q4 25
6.05×
1.45×
Q3 25
3.42×
2.38×
Q2 25
15.51×
1.73×
Q1 25
0.53×
2.29×
Q4 24
4.85×
2.08×
Q3 24
1.77×
2.33×
Q2 24
7.62×
1.72×
Q1 24
0.90×
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOX
BOX

Segment breakdown not available.

DTM
DTM

Pipeline Segment$173.0M55%
Gathering Segment$144.0M45%

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