DT MIDSTREAM INC (DTM) Fundamental Analysis & Valuation

NYSE:DTM • US23345M1071

142.41 USD
+1.75 (+1.24%)
At close: Mar 4, 2026
142.41 USD
0 (0%)
Pre-Market: 3/5/2026, 4:30:10 AM

This DTM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall DTM gets a fundamental rating of 4 out of 10. We evaluated DTM against 207 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. DTM Profitability Analysis

1.1 Basic Checks

  • DTM had positive earnings in the past year.
  • DTM had a positive operating cash flow in the past year.
  • In the past 5 years DTM has always been profitable.
  • DTM had a positive operating cash flow in each of the past 5 years.
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

  • Looking at the Return On Assets, with a value of 4.38%, DTM is in line with its industry, outperforming 57.97% of the companies in the same industry.
  • DTM has a Return On Equity (9.31%) which is in line with its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.67%, DTM is in line with its industry, outperforming 41.06% of the companies in the same 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

  • Looking at the Profit Margin, with a value of 35.48%, DTM belongs to the top of the industry, outperforming 91.79% of the companies in the same industry.
  • In the last couple of years the Profit Margin of DTM has declined.
  • The Operating Margin of DTM (49.40%) is better than 92.75% 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. DTM Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DTM is destroying value.
  • DTM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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 2.07. 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 2.07. This is in the better half of the industry: DTM outperforms 65.70% 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's Debt to FCF ratio of 7.54 is in line compared to the rest of the industry. DTM outperforms 57.97% of its industry peers.
  • A Debt/Equity ratio of 0.70 indicates that DTM is somewhat dependend on debt financing.
  • DTM's Debt to Equity ratio of 0.70 is on the low side compared to the rest of the industry. DTM is outperformed by 60.39% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 7.54
Altman-Z 2.07
ROIC/WACC0.55
WACC8.47%
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.
  • DTM has a Current ratio of 1.07. This is comparable to the rest of the industry: DTM outperforms 46.86% of its industry peers.
  • 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.
  • With a Quick ratio value of 1.07, DTM perfoms like the industry average, outperforming 55.56% 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. DTM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 19.72% over the past year.
  • 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

  • The Earnings Per Share is expected to grow by 11.79% on average over the next years. This is quite good.
  • 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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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. DTM Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 33.04 indicates a quite expensive valuation of DTM.
  • 60.87% of the companies in the same industry are cheaper than DTM, based on the Price/Earnings ratio.
  • DTM's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.03.
  • Based on the Price/Forward Earnings ratio of 28.85, the valuation of DTM can be described as expensive.
  • 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 (25.11), we can say DTM is valued inline with the index average.
Industry RankSector Rank
PE 33.04
Fwd PE 28.85
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

  • DTM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. DTM is more expensive than 68.12% of the companies in the same industry.
  • DTM's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 32.83
EV/EBITDA 20.35
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)2.28
PEG (5Y)5.54
EPS Next 2Y12.22%
EPS Next 3Y7.86%

3

5. DTM Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.41%, DTM has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 3.47, DTM has a dividend in line with its industry peers.
  • DTM's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.41%

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

  • DTM pays out 73.47% of its income as dividend. 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

DTM Fundamentals: All Metrics, Ratios and Statistics

DT MIDSTREAM INC

NYSE:DTM (3/4/2026, 8:20:36 PM)

Premarket: 142.41 0 (0%)

142.41

+1.75 (+1.24%)

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 Change28.33%
Market Cap14.48B
Revenue(TTM)1.24B
Net Income(TTM)441.00M
Analysts75
Price Target132.28 (-7.11%)
Short Float %3.61%
Short Ratio4.74
Dividend
Industry RankSector Rank
Dividend Yield 2.41%
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)7.52%
PT rev (3m)11.3%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)1.49%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)1.13%
Revenue NQ rev (1m)-1.05%
Revenue NQ rev (3m)-1.05%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0.07%
Valuation
Industry RankSector Rank
PE 33.04
Fwd PE 28.85
P/S 11.65
P/FCF 32.83
P/OCF 16.7
P/B 3.06
P/tB 6.92
EV/EBITDA 20.35
EPS(TTM)4.31
EY3.03%
EPS(NY)4.94
Fwd EY3.47%
FCF(TTM)4.34
FCFY3.05%
OCF(TTM)8.53
OCFY5.99%
SpS12.23
BVpS46.58
TBVpS20.59
PEG (NY)2.28
PEG (5Y)5.54
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 2.07
F-Score7
WACC8.47%
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 33.04 and the Price/Book (PB) ratio is 3.06.


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.