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DT Midstream DTM Free cash flow margin

Free cash flow margin at other companies

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Williams CompaniesWMB
16%-13.4pp
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DTE EnergyDTE
15.2%-8.2pp
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Enterprise Products PartnersEPD
6.3%-1.4pp
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Kinder MorganKMI
17.6%+0.5pp
Diversified Energy logo
Diversified EnergyDEC
15.6%+1.3pp
Oneok logo
OneokOKE
6.4%-5.9pp

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$13.58B+28.1%
Enterprise value$16.8B+20.6%
P/E29.3×+1.1×
P/S10.6×+1.1×

Profitability

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Operating margin49.5%+0.4pp
Net margin36.3%+1.3pp

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 trailing twelve months.

The source filing: DT Midstream’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 2:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001842022-26-000006

FAQ

What is DT Midstream's free cash flow margin?
DT Midstream (DTM) reported free cash flow margin of 36.6% in Q1 2026.
How has DT Midstream's free cash flow margin changed year-over-year?
DT Midstream's free cash flow margin decreased by 14.3% year-over-year, from 42.7% to 36.6%.
What is the long-term trend for DT Midstream's free cash flow margin?
Over 4 years (2021 to 2025), DT Midstream's free cash flow margin has grown at a -8.9% compound annual growth rate (CAGR), from 51.4% to 35.5%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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