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DT Midstream DTM Net margin

Net margin at other companies

Williams Companies logo
Williams CompaniesWMB
20.6%-6.7pp
DTE Energy logo
DTE EnergyDTE
7.7%-3.6pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
11.4%+1.2pp
Kinder Morgan logo
Kinder MorganKMI
18.9%+2.2pp
TRG
Targa ResourcesTRGP
12.9%+4.9pp
Oneok logo
OneokOKE
10%-2.1pp

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
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 trailing twelve months.

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 net margin?
DT Midstream (DTM) reported net margin of 36.3% in Q1 2026.
How has DT Midstream's net margin changed year-over-year?
DT Midstream's net margin increased by 3.8% year-over-year, from 35% to 36.3%.
What is the long-term trend for DT Midstream's net margin?
Over 5 years (2020 to 2025), DT Midstream's net margin has grown at a -3.2% compound annual growth rate (CAGR), from 41.8% to 35.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.