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DT Midstream DTM EV / EBITDA

EV / EBITDA at other companies

Williams Companies logo
Williams CompaniesWMB
16.6×+6.3×
DTE Energy logo
DTE EnergyDTE
13.3×+0.8×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
15.2×+1.1×
Kinder Morgan logo
Kinder MorganKMI
13.9×0.0×
TRG
Targa ResourcesTRGP
10.4×-0.4×
Oneok logo
OneokOKE
12×-2.4×

Other financials

Income statement

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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

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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

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Operating cash flow$280.0M+13.4%
CapEx$78.0M+9.9%
Free cash flow$202.0M+14.8%

Valuation

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Market cap$14.62B+40.2%
Enterprise value$17.84B+29.0%
P/E31.6×+3.0×
P/S11.5×+1.5×

Profitability

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Operating margin49.5%+0.4pp
Net margin36.3%+1.3pp
FCF margin36.6%-6.1pp

Returns & leverage

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Return on equity9.9%+1.6pp
Debt / equity0.7×0.0×
Current ratio1.3×+0.4×

Where this comes from

Calculated from DT Midstream’s reported figures.

Based on the most recent quarter.

The official record: DT Midstream’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DT Midstream's EV / EBITDA?
DT Midstream (DTM) reported EV / EBITDA of 18.9× in Q1 2026.
How has DT Midstream's EV / EBITDA changed year-over-year?
DT Midstream's EV / EBITDA increased by 5.8% year-over-year, from 17.9× to 18.9×.
What is the long-term trend for DT Midstream's EV / EBITDA?
Over 4 years (2021 to 2025), DT Midstream's EV / EBITDA has grown at a 7.4% compound annual growth rate (CAGR), from 13.3× to 17.8×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.