DT MIDSTREAM INC (DTM) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:DTM • US23345M1071

131.64 USD
+0.97 (+0.74%)
At close: Feb 11, 2026
131 USD
-0.64 (-0.49%)
After Hours: 2/11/2026, 8:18:06 PM
Fundamental Rating

4

Taking everything into account, DTM scores 4 out of 10 in our fundamental rating. 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. While showing a medium growth rate, DTM is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year DTM was profitable.
  • 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 200M 400M 600M

1.2 Ratios

  • DTM's Return On Assets of 4.01% is in line compared to the rest of the industry. DTM outperforms 56.80% of its industry peers.
  • DTM has a Return On Equity (8.57%) which is comparable to the rest of the industry.
  • DTM has a Return On Invested Capital (4.47%) which is comparable to the rest of the industry.
  • The Average Return On Invested Capital over the past 3 years for DTM is significantly below the industry average of 22.01%.
  • The 3 year average ROIC (3.99%) for DTM is below the current ROIC(4.47%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.01%
ROE 8.57%
ROIC 4.47%
ROA(3y)4.01%
ROA(5y)3.91%
ROE(3y)8.72%
ROE(5y)8.35%
ROIC(3y)3.99%
ROIC(5y)3.95%
DTM Yearly ROA, ROE, ROICDTM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • Looking at the Profit Margin, with a value of 34.30%, DTM belongs to the top of the industry, outperforming 90.78% 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 (48.60%) is better than 91.75% of its industry peers.
  • In the last couple of years the Operating Margin of DTM has remained more or less at the same level.
Industry RankSector Rank
OM 48.6%
PM (TTM) 34.3%
GM N/A
OM growth 3Y-0.02%
OM growth 5Y-0.84%
PM growth 3Y-0.42%
PM growth 5Y-2.27%
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 10 20 30 40 50

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DTM is destroying value.
  • Compared to 1 year ago, DTM has more shares outstanding
  • Compared to 5 years ago, DTM has more shares outstanding
  • Compared to 1 year ago, DTM has an improved debt to assets ratio.
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 1.90. 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.
  • The Altman-Z score of DTM (1.90) is better than 64.08% of its industry peers.
  • The Debt to FCF ratio of DTM is 7.02, which is on the high side as it means it would take DTM, 7.02 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of DTM (7.02) is comparable to the rest of the industry.
  • DTM has a Debt/Equity ratio of 0.71. This is a neutral value indicating DTM is somewhat dependend on debt financing.
  • DTM's Debt to Equity ratio of 0.71 is on the low side compared to the rest of the industry. DTM is outperformed by 61.16% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 7.02
Altman-Z 1.9
ROIC/WACC0.58
WACC7.67%
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 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 0.92 indicates that DTM may have some problems paying its short term obligations.
  • DTM's Current ratio of 0.92 is on the low side compared to the rest of the industry. DTM is outperformed by 61.65% of its industry peers.
  • DTM has a Quick Ratio of 0.92. This is a bad value and indicates that DTM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.92, DTM perfoms like the industry average, outperforming 47.09% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.92
Quick Ratio 0.92
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

6

3. Growth

3.1 Past

  • DTM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.65%.
  • Measured over the past years, DTM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.26% on average per year.
  • DTM shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.39%.
  • Measured over the past years, DTM shows a quite strong growth in Revenue. The Revenue has been growing by 14.25% on average per year.
EPS 1Y (TTM)-3.65%
EPS 3Y4.31%
EPS 5Y11.26%
EPS Q2Q%25.56%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.61%

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 13.42% on average per year.
  • DTM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.78% yearly.
EPS Next Y23.16%
EPS Next 2Y17.09%
EPS Next 3Y14.67%
EPS Next 5Y13.42%
Revenue Next Year26.18%
Revenue Next 2Y16.94%
Revenue Next 3Y13.78%
Revenue Next 5Y13.78%

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 stable.
  • 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

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 33.24, DTM can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, DTM is valued a bit more expensive than 62.14% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.23, DTM is valued at the same level.
  • A Price/Forward Earnings ratio of 26.67 indicates a quite expensive valuation of DTM.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of DTM is on the same level as its industry peers.
  • DTM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.01.
Industry RankSector Rank
PE 33.24
Fwd PE 26.67
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 is on the same level as the industry average.
Industry RankSector Rank
P/FCF 28.3
EV/EBITDA 20.59
DTM Per share dataDTM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • DTM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • DTM's earnings are expected to grow with 14.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.44
PEG (5Y)2.95
EPS Next 2Y17.09%
EPS Next 3Y14.67%

3

5. Dividend

5.1 Amount

  • DTM has a Yearly Dividend Yield of 2.58%.
  • DTM's Dividend Yield is comparable with the industry average which is at 3.64.
  • Compared to an average S&P500 Dividend Yield of 1.79, DTM pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.58%

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 1 2 3

5.3 Sustainability

  • 77.42% of the earnings are spent on dividend by DTM. This is not a sustainable payout ratio.
DP77.42%
EPS Next 2Y17.09%
EPS Next 3Y14.67%
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 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 (2/11/2026, 8:18:06 PM)

After market: 131 -0.64 (-0.49%)

131.64

+0.97 (+0.74%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-30
Earnings (Next)02-19
Inst Owners89.44%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner Change6.01%
Market Cap13.38B
Revenue(TTM)1.18B
Net Income(TTM)403.00M
Analysts75
Price Target126.35 (-4.02%)
Short Float %3.95%
Short Ratio5.34
Dividend
Industry RankSector Rank
Dividend Yield 2.58%
Yearly Dividend2.83
Dividend Growth(5Y)N/A
DP77.42%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.38%
Min EPS beat(2)1.53%
Max EPS beat(2)5.24%
EPS beat(4)2
Avg EPS beat(4)-3.94%
Min EPS beat(4)-18.87%
Max EPS beat(4)5.24%
EPS beat(8)5
Avg EPS beat(8)2.7%
EPS beat(12)7
Avg EPS beat(12)0.89%
EPS beat(16)9
Avg EPS beat(16)0.13%
Revenue beat(2)2
Avg Revenue beat(2)2.26%
Min Revenue beat(2)1.31%
Max Revenue beat(2)3.21%
Revenue beat(4)3
Avg Revenue beat(4)1.21%
Min Revenue beat(4)-3.07%
Max Revenue beat(4)3.37%
Revenue beat(8)6
Avg Revenue beat(8)1.21%
Revenue beat(12)8
Avg Revenue beat(12)-0.43%
Revenue beat(16)11
Avg Revenue beat(16)-0.33%
PT rev (1m)3.62%
PT rev (3m)8.79%
EPS NQ rev (1m)1.33%
EPS NQ rev (3m)3.54%
EPS NY rev (1m)0.38%
EPS NY rev (3m)1.5%
Revenue NQ rev (1m)-0.25%
Revenue NQ rev (3m)0.73%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.64%
Valuation
Industry RankSector Rank
PE 33.24
Fwd PE 26.67
P/S 11.39
P/FCF 28.3
P/OCF 15.6
P/B 2.85
P/tB 6.55
EV/EBITDA 20.59
EPS(TTM)3.96
EY3.01%
EPS(NY)4.94
Fwd EY3.75%
FCF(TTM)4.65
FCFY3.53%
OCF(TTM)8.44
OCFY6.41%
SpS11.56
BVpS46.25
TBVpS20.1
PEG (NY)1.44
PEG (5Y)2.95
Graham Number64.19
Profitability
Industry RankSector Rank
ROA 4.01%
ROE 8.57%
ROCE 5.88%
ROIC 4.47%
ROICexc 4.51%
ROICexgc 6.24%
OM 48.6%
PM (TTM) 34.3%
GM N/A
FCFM 40.26%
ROA(3y)4.01%
ROA(5y)3.91%
ROE(3y)8.72%
ROE(5y)8.35%
ROIC(3y)3.99%
ROIC(5y)3.95%
ROICexc(3y)4.01%
ROICexc(5y)3.98%
ROICexgc(3y)5.61%
ROICexgc(5y)5.69%
ROCE(3y)5.38%
ROCE(5y)5.91%
ROICexgc growth 3Y-3.85%
ROICexgc growth 5Y4.27%
ROICexc growth 3Y-1.72%
ROICexc growth 5Y7.01%
OM growth 3Y-0.02%
OM growth 5Y-0.84%
PM growth 3Y-0.42%
PM growth 5Y-2.27%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 7.02
Debt/EBITDA 4.14
Cap/Depr 166.67%
Cap/Sales 32.77%
Interest Coverage 4.23
Cash Conversion 106.98%
Profit Quality 117.37%
Current Ratio 0.92
Quick Ratio 0.92
Altman-Z 1.9
F-Score4
WACC7.67%
ROIC/WACC0.58
Cap/Depr(3y)263.49%
Cap/Depr(5y)243.12%
Cap/Sales(3y)52.05%
Cap/Sales(5y)48.3%
Profit Quality(3y)76.01%
Profit Quality(5y)78.81%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.65%
EPS 3Y4.31%
EPS 5Y11.26%
EPS Q2Q%25.56%
EPS Next Y23.16%
EPS Next 2Y17.09%
EPS Next 3Y14.67%
EPS Next 5Y13.42%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.61%
Revenue Next Year26.18%
Revenue Next 2Y16.94%
Revenue Next 3Y13.78%
Revenue Next 5Y13.78%
EBIT growth 1Y15.12%
EBIT growth 3Y5.28%
EBIT growth 5Y13.29%
EBIT Next Year96.72%
EBIT Next 3Y30.9%
EBIT Next 5Y23.29%
FCF growth 1Y2250%
FCF growth 3Y-1.49%
FCF growth 5Y18.2%
OCF growth 1Y12.16%
OCF growth 3Y10.08%
OCF growth 5Y14.36%

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 2 / 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 5 / 10.


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

The Price/Earnings (PE) ratio for DT MIDSTREAM INC (DTM) is 33.24 and the Price/Book (PB) ratio is 2.85.


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 23.16% in the next year.