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DT Midstream DTM EV / sales

EV / sales at other companies

Williams Companies logo
Williams CompaniesWMB
8.8×+2.7×
DTE Energy logo
DTE EnergyDTE
3.2×-0.4×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
2.2×+0.4×
Kinder Morgan logo
Kinder MorganKMI
-0.1×
TRG
Targa ResourcesTRGP
3.3×+0.6×
Oneok logo
OneokOKE
2.5×-1.1×

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 / sales?
DT Midstream (DTM) reported EV / sales of 13.3× in Q1 2026.
How has DT Midstream's EV / sales changed year-over-year?
DT Midstream's EV / sales increased by 5.5% year-over-year, from 12.6× to 13.3×.
What is the long-term trend for DT Midstream's EV / sales?
Over 4 years (2021 to 2025), DT Midstream's EV / sales has grown at a 8.4% compound annual growth rate (CAGR), from 9× to 12.5×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.