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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.

DTM

$129.52

+$0.94 (+0.73%)

Sep 4, 2026 · Market close

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Price History

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

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DTM Key Statistics

As of Sep 4, 2026
Trading
Open
$128.04
Previous Close
$128.58
Day's Range
127.66–130.01
52-Week Range
103.44–152.88
Volume
554.40K
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.
0.72
Valuation
Market Cap
$13.21B
P/E Ratio
28.40
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
26.44
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
10.09
EPS (ttm)Profit attributable to each share over the last twelve months.
4.56
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
+26.38%
Dividend and dates
Dividend
$3.52+2.74%
Ex-Dividend Date
September 21, 2026
Earnings Date
October 29, 2026
Avg Volume
858.56K

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

DTM Stock Return by Calendar Year

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

YearReturn
2026 (partial year)+9.60%
2025+24.13%
2024+88.95%
2023+4.71%
2022+20.73%
2021 (partial year)+17.18%

As of September 4, 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 65 stocks
MetricDTMOil & Gas Midstream medianvs median
P/E28.4015.5483% above
P/S ratio10.092.653.8x the median
Profit margin35.72%20.00%15.7 pts above

Medians across 65 Oil & Gas Midstream stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 8 articles ↓

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

Analysis

Data-derived

Company Overview

DT Midstream, Inc. (DTM) is capitalised at $13.21B 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 $129.52, dated September 4, 2026. That is +$0.94 (+0.73%) against the previous close. The 52-week range on file runs from $103.44 to $152.88. The latest close sits 25.21% 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 15.7 percentage points above the Oil & Gas Midstream median of 20%. Trailing earnings per share are 4.56.

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 28.4. That is 82.75% above the Oil & Gas Midstream median of 15.54. On forward earnings the ratio is 26.44. Measured against sales, the shares trade at 10.09 times revenue. On price-to-sales that is 3.8 times the Oil & Gas Midstream median of 2.65. The medians here are taken across 65 Oil & Gas Midstream companies that report the metric.

The reported beta is 0.72. Daily returns over the trailing 5 years annualize to a volatility of 25.17%. Over the trailing twelve months the price has returned +26.38%. Measured over 5 years, that is +28.33% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 2.74% on the latest price. That is 2.6 percentage points below the Oil & Gas Midstream median yield of 5.35%. 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 price is +9.60% 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 $13.21B 28.4
Enbridge Inc. ENB $109.40B 26.9
The Williams Companies, Inc. WMB $90.70B 29.5
Enterprise Products Partners L.P. EPD $84.09B 13.6

The Oil & Gas Midstream industry average P/E ratio is 15.5x. DT Midstream, Inc. trades at a P/E of 28.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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.

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