DT MIDSTREAM INC (DTM) Stock Fundamental Analysis

NYSE:DTM • US23345M1071

138.84 USD
+0.2 (+0.14%)
At close: Feb 27, 2026
138.84 USD
0 (0%)
After Hours: 2/27/2026, 8:04:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to DTM. DTM was compared to 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 shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • DTM had positive earnings in the past year.
  • In the past year DTM had a positive cash flow from operations.
  • Each year in the past 5 years DTM has 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

  • With a Return On Assets value of 4.38%, DTM perfoms like the industry average, outperforming 58.45% of the companies in the same industry.
  • With a Return On Equity value of 9.31%, DTM perfoms like the industry average, outperforming 58.45% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.67%, DTM is in line with its industry, outperforming 41.55% 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

  • DTM has a Profit Margin of 35.48%. This is amongst the best in the industry. DTM outperforms 91.79% of its industry peers.
  • In the last couple of years the Profit Margin of DTM has declined.
  • Looking at the Operating Margin, with a value of 49.40%, DTM belongs to the top of the industry, outperforming 92.27% of the companies in the same industry.
  • DTM's Operating Margin has declined in the last couple of years.
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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DTM 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 2.03. 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.
  • Looking at the Altman-Z score, with a value of 2.03, DTM is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
  • 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.
  • With a Debt to FCF ratio value of 7.54, DTM perfoms like the industry average, outperforming 57.97% of the companies in the same industry.
  • A Debt/Equity ratio of 0.70 indicates that DTM is somewhat dependend on debt financing.
  • The Debt to Equity ratio of DTM (0.70) is worse than 60.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF 7.54
Altman-Z 2.03
ROIC/WACC0.56
WACC8.38%
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.
  • Looking at the Quick ratio, with a value of 1.07, DTM is in line with its industry, 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. Growth

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%.
  • Measured over the past years, DTM shows a quite strong growth in Revenue. The Revenue has been growing by 10.51% on average per year.
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

  • Based on estimates for the next years, DTM will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.79% on average per year.
  • 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.
  • 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

  • DTM is valuated quite expensively with a Price/Earnings ratio of 32.21.
  • Compared to the rest of the industry, the Price/Earnings ratio of DTM indicates a slightly more expensive valuation: DTM is more expensive than 61.35% of the companies listed in the same industry.
  • DTM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.07.
  • The Price/Forward Earnings ratio is 28.13, which means the current valuation is very expensive for DTM.
  • The rest of the industry has a similar Price/Forward Earnings ratio as DTM.
  • DTM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.05.
Industry RankSector Rank
PE 32.21
Fwd PE 28.13
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

  • 68.12% of the companies in the same industry are cheaper than DTM, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as DTM.
Industry RankSector Rank
P/FCF 32.01
EV/EBITDA 19.94
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 an expensive valuation of the company.
PEG (NY)2.22
PEG (5Y)5.4
EPS Next 2Y12.22%
EPS Next 3Y7.86%

3

5. Dividend

5.1 Amount

  • DTM has a Yearly Dividend Yield of 2.41%.
  • DTM's Dividend Yield is comparable with the industry average which is at 3.47.
  • 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

DT MIDSTREAM INC

NYSE:DTM (2/27/2026, 8:04:00 PM)

After market: 138.84 0 (0%)

138.84

+0.2 (+0.14%)

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 Cap14.12B
Revenue(TTM)1.24B
Net Income(TTM)441.00M
Analysts75
Price Target132.28 (-4.72%)
Short Float %4.06%
Short Ratio5.72
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 32.21
Fwd PE 28.13
P/S 11.36
P/FCF 32.01
P/OCF 16.28
P/B 2.98
P/tB 6.74
EV/EBITDA 19.94
EPS(TTM)4.31
EY3.1%
EPS(NY)4.94
Fwd EY3.55%
FCF(TTM)4.34
FCFY3.12%
OCF(TTM)8.53
OCFY6.14%
SpS12.23
BVpS46.58
TBVpS20.59
PEG (NY)2.22
PEG (5Y)5.4
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 2.03
F-Score7
WACC8.38%
ROIC/WACC0.56
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 32.21 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.