DT Midstream/$DTM
1D1W1MYTD1Y5YMAX
Capital at risk
About DT Midstream
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates maximum revenue from pipeline segment that includes interstate pipelines, storage systems, gathering lateral pipelines and compression and surface facilities.
- Ticker
- $DTM
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 588
- Headquarters
- Detroit, United States
- Website
- www.dtmidstream.com
DT Midstream Metrics
BasicAdvanced
$13B
27.59
$4.56
0.73
$3.40
2.80%
Price and volume
Market cap
$13B
Beta
0.73
52-week high
$152.88
52-week low
$104.99
Average daily volume
994K
Dividend rate
$3.40
Financial strength
Current ratio
1.372
Quick ratio
1.195
Long term debt to equity
0.682
Total debt to equity
0.685
Dividend payout ratio (TTM)
72.22%
Interest coverage (TTM)
3.99%
Profitability
EBITDA (TTM)
920
Gross margin (TTM)
75.34%
Net profit margin (TTM)
35.73%
Operating margin (TTM)
49.69%
Effective tax rate (TTM)
25.39%
Revenue per employee (TTM)
$2,230,000
Management effectiveness
Return on assets (TTM)
4.04%
Return on equity (TTM)
9.90%
Valuation
Price to earnings (TTM)
27.593
Price to revenue (TTM)
9.783
Price to book
2.69
Price to tangible book (TTM)
5.93
Price to free cash flow (TTM)
26.7
Free cash flow yield (TTM)
3.75%
Free cash flow per share (TTM)
4.713
Dividend yield (TTM)
2.70%
Forward dividend yield
2.80%
Growth
Revenue change (TTM)
18.12%
Earnings per share change (TTM)
21.92%
3-year revenue growth (CAGR)
12.42%
3-year earnings per share growth (CAGR)
6.27%
3-year dividend per share growth (CAGR)
8.53%
What the Analysts think about DT Midstream
Analyst ratings (Buy, Hold, Sell) for DT Midstream stock.
Analyst projections of the future price of DT Midstream stock.
Bulls say / Bears say
DT Midstream delivered Q2 adjusted EBITDA of $305 million and reaffirmed 2026 guidance of $1.155–$1.225 billion, alongside a $1.225–$1.295 billion early outlook for 2027. That supports the case for steady earnings growth rather than a purely speculative pipeline story. (DT Midstream)
The company has commercialised $2 billion of organic projects, including long-term contracts for LEAP Phase 5, which adds 200 MMcf/d of capacity. This gives investors a visible route to growth through brownfield expansions rather than relying only on acquisitions. (DT Midstream, DT Midstream)
DTM is positioned to benefit from several gas-demand sources, including LNG, utility power and data centres. A new NEXUS interconnect will supply a 380 MMcf/d gas-fired power facility serving a new Ohio data centre, broadening demand beyond traditional producers. (DTM earnings call transcript)
Much of the growth case still depends on projects that are years from completion and regulatory approval. Guardian G3 had only reached the FERC application stage in June, with an expected in-service date in late 2028. (DT Midstream, DT Midstream)
Near-term operating momentum may be uneven: management expects Q3 to be below the strong second quarter because of gathering-network maintenance and lower Northeast volumes caused by producer timing. That makes the gathering business more exposed to operational and producer activity swings than the long-term contract story suggests. (DTM earnings call transcript)
DTM is investing heavily while trading on a premium valuation, so weaker execution could have an outsized effect on shareholder returns. Fitch kept the company at BBB- and noted its modest scale and potentially higher forecast leverage, while the 2026 capital plan includes up to $570 million of investment. (Fitch Ratings, DT Midstream)
Data summarised monthly by Lightyear AI. Last updated on 22 Sept 2026.
DT Midstream Financial Performance
Revenues and expenses
DT Midstream Earnings Performance
Company profitability
Upcoming events
DT Midstream News
AllArticlesVideos
Funds containing DT Midstream
AllEURGBPUSD
Fund name | Fund size | $DTM weighting |
|---|---|---|
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.51% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.51% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.37% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.37% |
iShares MSCI World Small Cap$WSML | $9B | 0.11% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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