DT MIDSTREAM INC (DTM) Stock Fundamental Analysis

NYSE:DTM • US23345M1071

138.64 USD
+1.36 (+0.99%)
At close: Feb 26, 2026
138.64 USD
0 (0%)
After Hours: 2/26/2026, 8:22:29 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to DTM. DTM was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of DTM while its profitability can be described as average. DTM is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • DTM had positive earnings in the past year.
  • DTM had a positive operating cash flow in the past year.
  • DTM had positive earnings in each of the past 5 years.
  • In the past 5 years DTM always reported a positive cash flow from operatings.
DTM Yearly Net Income VS EBIT VS OCF VS FCFDTM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

1.2 Ratios

  • DTM's Return On Assets of 4.38% is in line compared to the rest of the industry. DTM outperforms 59.22% of its industry peers.
  • The Return On Equity of DTM (9.31%) is comparable to the rest of the industry.
  • DTM has a Return On Invested Capital (4.67%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA 4.38%
ROE 9.31%
ROIC 4.67%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
DTM Yearly ROA, ROE, ROICDTM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

1.3 Margins

  • DTM's Profit Margin of 35.48% is amongst the best of the industry. DTM outperforms 91.75% of its industry peers.
  • DTM's Profit Margin has declined in the last couple of years.
  • DTM has a Operating Margin of 49.40%. This is amongst the best in the industry. DTM outperforms 92.23% of its industry peers.
  • In the last couple of years the Operating Margin of DTM has declined.
Industry RankSector Rank
OM 49.4%
PM (TTM) 35.48%
GM N/A
OM growth 3Y-0.04%
OM growth 5Y-2%
PM growth 3Y-4.09%
PM growth 5Y-3.03%
GM growth 3YN/A
GM growth 5YN/A
DTM Yearly Profit, Operating, Gross MarginsDTM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

3

2. Health

2.1 Basic Checks

  • DTM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • There is no outstanding debt for DTM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
DTM Yearly Shares OutstandingDTM Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
DTM Yearly Total Debt VS Total AssetsDTM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • DTM has an Altman-Z score of 2.02. This is not the best score and indicates that DTM is in the grey zone with still only limited risk for bankruptcy at the moment.
  • DTM has a Altman-Z score of 2.02. This is in the better half of the industry: DTM outperforms 66.50% of its industry peers.
  • DTM has a debt to FCF ratio of 7.54. This is a slightly negative value and a sign of low solvency as DTM would need 7.54 years to pay back of all of its debts.
  • DTM has a Debt to FCF ratio of 7.54. This is comparable to the rest of the industry: DTM outperforms 58.74% of its industry peers.
  • DTM has a Debt/Equity ratio of 0.70. This is a neutral value indicating DTM is somewhat dependend on debt financing.
  • DTM has a worse Debt to Equity ratio (0.70) than 60.68% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 7.54
Altman-Z 2.02
ROIC/WACC0.55
WACC8.45%
DTM Yearly LT Debt VS Equity VS FCFDTM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 1.07 indicates that DTM should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.07, DTM perfoms like the industry average, outperforming 46.60% of the companies in the same industry.
  • DTM has a Quick Ratio of 1.07. This is a normal value and indicates that DTM is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.07, DTM is in line with its industry, outperforming 55.34% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.07
Quick Ratio 1.07
DTM Yearly Current Assets VS Current LiabilitesDTM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 1B 2B 3B

7

3. Growth

3.1 Past

  • DTM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.72%, which is quite good.
  • The Earnings Per Share has been growing slightly by 5.97% on average over the past years.
  • DTM shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.71%.
  • DTM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.51% yearly.
EPS 1Y (TTM)19.72%
EPS 3Y7.49%
EPS 5Y5.97%
EPS Q2Q%47.95%
Revenue 1Y (TTM)26.71%
Revenue growth 3Y10.55%
Revenue growth 5Y10.51%
Sales Q2Q%27.31%

3.2 Future

  • DTM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.79% yearly.
  • The Revenue is expected to grow by 9.50% on average over the next years. This is quite good.
EPS Next Y14.51%
EPS Next 2Y12.22%
EPS Next 3Y7.86%
EPS Next 5Y11.79%
Revenue Next Year8.29%
Revenue Next 2Y7.9%
Revenue Next 3Y8.8%
Revenue Next 5Y9.5%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
DTM Yearly Revenue VS EstimatesDTM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 500M 1B 1.5B 2B
DTM Yearly EPS VS EstimatesDTM Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2 4 6 8

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 32.17, which means the current valuation is very expensive for DTM.
  • 61.65% of the companies in the same industry are cheaper than DTM, based on the Price/Earnings ratio.
  • DTM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.11, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 28.09, DTM can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Forward Earnings ratio as DTM.
  • When comparing the Price/Forward Earnings ratio of DTM to the average of the S&P500 Index (28.13), we can say DTM is valued inline with the index average.
Industry RankSector Rank
PE 32.17
Fwd PE 28.09
DTM Price Earnings VS Forward Price EarningsDTM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, DTM is valued a bit more expensive than the industry average as 68.45% of the companies are valued more cheaply.
  • DTM's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 31.96
EV/EBITDA 19.91
DTM Per share dataDTM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DTM does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.22
PEG (5Y)5.39
EPS Next 2Y12.22%
EPS Next 3Y7.86%

3

5. Dividend

5.1 Amount

  • DTM has a Yearly Dividend Yield of 2.43%.
  • Compared to an average industry Dividend Yield of 3.51, DTM has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, DTM pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.43%

5.2 History

  • DTM has been paying a dividend for over 5 years, so it has already some track record.
  • DTM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
DTM Yearly Dividends per shareDTM Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 73.47% of the earnings are spent on dividend by DTM. This is not a sustainable payout ratio.
DP73.47%
EPS Next 2Y12.22%
EPS Next 3Y7.86%
DTM Yearly Income VS Free CF VS DividendDTM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
DTM Dividend Payout.DTM Dividend Payout, showing the Payout Ratio.DTM Dividend Payout.PayoutRetained Earnings

DT MIDSTREAM INC

NYSE:DTM (2/26/2026, 8:22:29 PM)

After market: 138.64 0 (0%)

138.64

+1.36 (+0.99%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-19
Earnings (Next)N/A
Inst Owners89.44%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner Change28.57%
Market Cap14.10B
Revenue(TTM)1.24B
Net Income(TTM)441.00M
Analysts75
Price Target132.28 (-4.59%)
Short Float %4.06%
Short Ratio5.72
Dividend
Industry RankSector Rank
Dividend Yield 2.43%
Yearly Dividend2.83
Dividend Growth(5Y)N/A
DP73.47%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-16
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.72%
Min EPS beat(2)-8.68%
Max EPS beat(2)5.24%
EPS beat(4)2
Avg EPS beat(4)-1.4%
Min EPS beat(4)-8.68%
Max EPS beat(4)5.24%
EPS beat(8)4
Avg EPS beat(8)-2.52%
EPS beat(12)7
Avg EPS beat(12)0.8%
EPS beat(16)8
Avg EPS beat(16)-0.74%
Revenue beat(2)1
Avg Revenue beat(2)-0.52%
Min Revenue beat(2)-2.35%
Max Revenue beat(2)1.31%
Revenue beat(4)3
Avg Revenue beat(4)1.39%
Min Revenue beat(4)-2.35%
Max Revenue beat(4)3.37%
Revenue beat(8)5
Avg Revenue beat(8)0.54%
Revenue beat(12)7
Avg Revenue beat(12)-0.77%
Revenue beat(16)10
Avg Revenue beat(16)-0.59%
PT rev (1m)2.7%
PT rev (3m)6.32%
EPS NQ rev (1m)0.86%
EPS NQ rev (3m)3.28%
EPS NY rev (1m)0.18%
EPS NY rev (3m)1.5%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.64%
Valuation
Industry RankSector Rank
PE 32.17
Fwd PE 28.09
P/S 11.34
P/FCF 31.96
P/OCF 16.26
P/B 2.98
P/tB 6.73
EV/EBITDA 19.91
EPS(TTM)4.31
EY3.11%
EPS(NY)4.94
Fwd EY3.56%
FCF(TTM)4.34
FCFY3.13%
OCF(TTM)8.53
OCFY6.15%
SpS12.23
BVpS46.58
TBVpS20.59
PEG (NY)2.22
PEG (5Y)5.39
Graham Number67.21
Profitability
Industry RankSector Rank
ROA 4.38%
ROE 9.31%
ROCE 6.28%
ROIC 4.67%
ROICexc 4.69%
ROICexgc 6.44%
OM 49.4%
PM (TTM) 35.48%
GM N/A
FCFM 35.48%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-0.04%
OM growth 5Y-2%
PM growth 3Y-4.09%
PM growth 5Y-3.03%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 7.54
Debt/EBITDA 3.81
Cap/Depr 165.12%
Cap/Sales 34.27%
Interest Coverage 4.04
Cash Conversion 99.43%
Profit Quality 100%
Current Ratio 1.07
Quick Ratio 1.07
Altman-Z 2.02
F-Score7
WACC8.45%
ROIC/WACC0.55
Cap/Depr(3y)252.25%
Cap/Depr(5y)207.98%
Cap/Sales(3y)51.23%
Cap/Sales(5y)41.42%
Profit Quality(3y)74.48%
Profit Quality(5y)93.75%
High Growth Momentum
Growth
EPS 1Y (TTM)19.72%
EPS 3Y7.49%
EPS 5Y5.97%
EPS Q2Q%47.95%
EPS Next Y14.51%
EPS Next 2Y12.22%
EPS Next 3Y7.86%
EPS Next 5Y11.79%
Revenue 1Y (TTM)26.71%
Revenue growth 3Y10.55%
Revenue growth 5Y10.51%
Sales Q2Q%27.31%
Revenue Next Year8.29%
Revenue Next 2Y7.9%
Revenue Next 3Y8.8%
Revenue Next 5Y9.5%
EBIT growth 1Y25.56%
EBIT growth 3Y10.51%
EBIT growth 5Y8.31%
EBIT Next Year87.18%
EBIT Next 3Y28.19%
EBIT Next 5Y21.94%
FCF growth 1Y6.78%
FCF growth 3Y4.45%
FCF growth 5Y41.05%
OCF growth 1Y13.63%
OCF growth 3Y6.14%
OCF growth 5Y7.75%

DT MIDSTREAM INC / DTM FAQ

What is the ChartMill fundamental rating of DT MIDSTREAM INC (DTM) stock?

ChartMill assigns a fundamental rating of 4 / 10 to DTM.


What is the valuation status for DTM stock?

ChartMill assigns a valuation rating of 1 / 10 to DT MIDSTREAM INC (DTM). This can be considered as Overvalued.


Can you provide the profitability details for DT MIDSTREAM INC?

DT MIDSTREAM INC (DTM) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for DTM stock?

The Price/Earnings (PE) ratio for DT MIDSTREAM INC (DTM) is 32.17 and the Price/Book (PB) ratio is 2.98.


What is the earnings growth outlook for DT MIDSTREAM INC?

The Earnings per Share (EPS) of DT MIDSTREAM INC (DTM) is expected to grow by 14.51% in the next year.