NVDA+2.54%AAPL+1.32%GOOGL−1.62%MSFT+0.20%AMZN−0.10%TSM+1.60%SPCX+7.79%META+0.47%
StockVS

NYSE · Oil & Gas Midstream · USD

DT Midstream, Inc. (DTM) Stock Analysis

DT Midstream, Inc. (DTM) is a Oil & Gas Midstream stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

DTM

$124.48

+$2.00 (+1.63%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare DTM with… →

DTM Key Statistics

As of Oct 21, 2026
Trading
Open
$123.26
Previous Close
$122.48
Day's Range
123.33–126.32
52-Week Range
104.99–152.88
Volume
934.21K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.74
Valuation
Market Cap
$12.70B
P/E Ratio
27.24
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
25.67
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
9.69
EPS (ttm)Profit attributable to each share over the last twelve months.
4.57
Financials (FY)
Revenue (FY)
$1.24B+26.71%
Net Income (FY)
$441.00M+24.58%
Profit marginThe share of revenue left as profit after all costs and taxes.
35.72%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
102.02M
1-Year Return
+16.95%
Dividend and dates
Dividend
$3.52+2.87%
Ex-Dividend Date
September 21, 2026
Earnings Date
October 29, 2026
Avg Volume
950.49K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, DTM closed at $124.48, +16.95% over 1 year.

DT Midstream, Inc. (DTM) has a market capitalization of $12.70B.

In fiscal 2025, DTM reported revenue of $1.24B.

DTM Stock Return by Calendar Year

DT Midstream, Inc. (DTM) return since Jul 2021: what $10,000 became

1 year
$10,000 $11,695
+16.95%
5 years
$10,000 $30,552
+205.52%
Since Jul 2021
$10,000 $36,595
+265.95%

If you had invested $10,000 in DT Midstream, Inc. (DTM) at the close on July 1, 2021, the earliest close on record here, it would have been worth $36,595 at the close on October 21, 2026: +265.95% in total, +27.70% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+5.33%
2025+24.13%
2024+88.95%
2023+4.71%
2022+20.73%
2021 (partial year)+17.18%

As of October 21, 2026.

DTM Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$1.24B$441.00M35.5%
2024$981.00M$354.00M36.1%
2023$922.00M$384.00M41.6%
2022$920.00M$370.00M40.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$1.24B$985.00M$614.00M$441.00M35.5%
2024$981.00M$772.00M$489.00M$354.00M36.1%
2023$922.00M$740.00M$467.00M$384.00M41.6%
2022$920.00M$750.00M$455.00M$370.00M40.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

DTM Dividend History

$3.28+11.6% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$1.762—
2025$3.284+11.6%
2024$2.944+6.5%
2023$2.764+7.8%
YearDividends per sharePaymentsChange
2026 (partial year)$1.762—
2025$3.284+11.6%
2024$2.944+6.5%
2023$2.764+7.8%
2022$2.564+113.3%
2021$1.202—

Most recent payment: $0.88 per share, ex-dividend June 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

DTM Valuation vs Oil & Gas Midstream Median

Median of 63 stocks
MetricDTMOil & Gas Midstream medianvs median
P/E27.2414.1193% above
P/S ratio9.692.673.6x the median
Profit margin35.72%22.05%13.7 pts above

Medians across 63 Oil & Gas Midstream stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 14 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

DT Midstream, Inc. (DTM) is capitalised at $12.70B on the latest close. The company sits in the Energy sector, in the Oil & Gas Midstream industry. Headcount on file is 588.

The most recent close on file for DTM is $124.48, dated October 21, 2026. That is +$2.00 (+1.63%) against the previous close. The 52-week range on file runs from $104.99 to $152.88. The latest close sits 18.56% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $1.24B. That is +26.71% against the prior fiscal year, when revenue was $981.00M. The same year closed with net income of $441.00M. That is +24.58% against the prior fiscal year. Profit margin runs at 35.72%. That is 13.7 percentage points above the Oil & Gas Midstream median of 22.05%. Trailing earnings per share are 4.57.

Across the 4 fiscal years on file, revenue moves from $920.00M in 2022 to $1.24B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

DTM trades at a trailing price-to-earnings ratio of 27.24. That is 93.05% above the Oil & Gas Midstream median of 14.11. On forward earnings the ratio is 25.67. Measured against sales, the shares trade at 9.69 times revenue. On price-to-sales that is 3.6 times the Oil & Gas Midstream median of 2.67. The medians here are taken across 63 Oil & Gas Midstream companies that report the metric.

The reported beta is 0.74. Daily returns over the trailing 5 years annualize to a volatility of 25.2%. Over the trailing twelve months the total return is +16.95%. Measured over 5 years, that is +25.03% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 2.87% on the latest price. That is 2.5 percentage points below the Oil & Gas Midstream median yield of 5.41%. At the indicated rate that is $3.52 a share a year. The ex-dividend date on file is September 21, 2026. Dividends are recorded for 6 calendar years; 2026 shows 2 payments totalling $1.76 a share. The year before, 2025, totalled $3.28 a share.

2026 is still running; the total return is +5.33% year to date. The strongest complete calendar year on file is 2024 at +88.95%; the weakest is 2023 at +4.71%. Of the 4 complete calendar years on file, 4 finished higher.

Peer Comparison

DT Midstream, Inc. (DTM) operates in the Oil & Gas Midstream industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
DT Midstream, Inc. DTM $12.70B 27.2
Enbridge Inc. ENB $107.01B 25.7
The Williams Companies, Inc. WMB $89.05B 29.0
Enterprise Products Partners L.P. EPD $79.02B 12.7

The Oil & Gas Midstream industry average P/E ratio is 14.1x. DT Midstream, Inc. trades at a P/E of 27.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Oil & Gas Midstream Stocks

ENB

Enbridge Inc.

$107.01B

 WMB

The Williams Companies, Inc.

$89.05B

 EPD

Enterprise Products Partners L.P.

$79.02B

 KMI

Kinder Morgan, Inc.

$75.64B

 ET

Energy Transfer LP

$69.31B

 TRP

TC Energy Corporation

$64.91B
View all Oil & Gas Midstream stocks →

Popular Energy Stocks

XOM

ExxonMobil Holdings Corporation

$732.29B

 CVX

Chevron Corporation

$444.85B

 SHEL

Shell plc

$299.69B

 TTE

TotalEnergies SE

$199.18B

 COP

ConocoPhillips

$175.00B
View all Energy stocks →

About DT Midstream, Inc.

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

Visit website →