What is DT Midstream's market cap?

DT Midstream (DTM) has a market capitalization of $14.9B and trades on NYSE.

What is DT Midstream's revenue and profitability?

DT Midstream generated $1.3B in trailing twelve-month revenue with net income of $463.0M, representing a net margin of 36.3%, with free cash flow of $467.0M. These figures are based on the Q1 2026 filing.

Who are DT Midstream's competitors?

DT Midstream's key competitors include Enterprise Products Partners, Williams Companies, Kinder Morgan, and others. These companies compete in similar markets and product categories.

What subsidiaries does DT Midstream have?

DT Midstream's subsidiaries include Ohio Utica Gathering, Appalachia Gathering, Blue Union Gathering, and others.

Where is DT Midstream headquartered?

DT Midstream is headquartered in United States of America and employs approximately 402 people. It has been publicly traded since 2021.

DT Midstream

DTM

DT Midstream is an owner, operator, and developer of natural gas midstream infrastructure.

Market cap

$14.89B+38.4%

Revenue$1.3B+22.2%

Net income$463.0M+26.9%

Free cash flow$467.0M+4.7%

EPS (diluted)$4.52+23.2%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$336.0MBeat by $22.4M EPS$1.27Beat by $0.16

Read the full report

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$324.7M

EPS estimate$1.13

Financials

Q1 2026

Income statement

See full

Revenue$336.0M+10.9%

Operating income$166.0M+12.2%

Net income$130.0M+20.4%

EPS (diluted)$1.27+19.8%

Balance sheet

See full

Cash & equivalents$150.0M+80.7%

Total debt$3.4B-1.8%

Total equity$4.8B+2.4%

Total assets$10.2B+0.7%

Cash flow

See full

Operating cash flow$280.0M+13.4%

CapEx$78.0M+9.9%

Free cash flow$202.0M+14.8%

Valuation & ratios

Valuation

See full

Market cap$14.89B+38.4%

Enterprise value$18.11B+28.6%

P/E32.2×+3.5×

P/S11.7×+2.0×

Profitability

See full

Operating margin49.5%+0.4pp

Net margin36.3%+1.3pp

FCF margin36.6%-6.1pp

Returns & leverage

See full

Return on equity9.9%+1.6pp

Debt / equity0.7×0.0×

Current ratio1.3×+0.4×

Segments

By segment

See full

Pipeline$185.0M+9.5%

Gathering$156.0M+16.4%

Competitors

By market cap

Williams Companies$92.1B+28.6%

Enterprise Products Partners$81.8B+19.7%

Kinder Morgan$72.3B+14.4%

Oneok$57.4B+11.9%

Extendicare Inc.$21.6B-16.7%

DT Midstream$14.9B+38.4%

National Fuel Gas$7.5B-1.3%

Diversified Energy $976.3M+13.8%

By revenue growth

Diversified Energy +185%

Oneok+41.0%

DT Midstream+22.2%

National Fuel Gas+21.2%

Kinder Morgan+13.1%

Williams Companies+9.0%

Enterprise Products Partners-9.3%

By net margin

DT Midstream36.29%+1.3pp

Diversified Energy 28.08%+91.8pp

National Fuel Gas27.37%+9.3pp

Williams Companies20.62%-6.7pp

Kinder Morgan18.92%+2.2pp

Enterprise Products Partners11.44%+1.2pp

Oneok10.03%-2.1pp

Profile

DT Midstream is an owner, operator, and developer of natural gas midstream infrastructure. The company provides integrated gathering, transmission, and storage services to connect natural gas production to high-growth markets. Its value proposition is built on long-term, fee-based contracts with major energy producers and utilities.

Competitive position

DT Midstream maintains a strong competitive position through its strategic footprint in the Marcellus, Utica, and Haynesville shale formations and its high percentage of revenue from long-term, fixed-fee contracts.

GeographiesUnited States, Appalachia, Ohio, Louisiana

Customer segmentsEnergy Producers, Utilities, Industrial End-users

Business modelFee-based service, Take-or-pay contracts, Infrastructure-as-a-Service

SuppliersNatural gas production volumes, Drilling and completion activity, Steel and pipeline components

CustomersPower generation facilities, Local gas distribution utilities, LNG export terminals

CountryUnited States of America

Listed2021

Employees402.0

CEODavid J. Slater

SectorEnergy

IndustryOil & Gas Midstream

Websitedtmidstream.com

FilingsSEC EDGAR

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Questions, answered.

What is DT Midstream's market cap?: DT Midstream (DTM) has a market capitalization of $14.9B and trades on NYSE.
What is DT Midstream's revenue and profitability?: DT Midstream generated $1.3B in trailing twelve-month revenue with net income of $463.0M, representing a net margin of 36.3%, with free cash flow of $467.0M. These figures are based on the Q1 2026 filing.
Who are DT Midstream's competitors?: DT Midstream's key competitors include Enterprise Products Partners, Williams Companies, Kinder Morgan, and others. These companies compete in similar markets and product categories.
What subsidiaries does DT Midstream have?: DT Midstream's subsidiaries include Ohio Utica Gathering, Appalachia Gathering, Blue Union Gathering, and others.
Where is DT Midstream headquartered?: DT Midstream is headquartered in United States of America and employs approximately 402 people. It has been publicly traded since 2021.