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DT Midstream DTM Price / earnings

Price / earnings at other companies

Williams Companies logo
Williams CompaniesWMB
32.6×+13.3×
DTE Energy logo
DTE EnergyDTE
24.1×+5.4×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
13.9×+1.2×
Kinder Morgan logo
Kinder MorganKMI
22.5×-2.0×
TRG
Targa ResourcesTRGP
25.3×-8.1×
Oneok logo
OneokOKE
16.1×-4.3×

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/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 price / earnings?
DT Midstream (DTM) reported price / earnings of 29.7× in Q1 2026.
How has DT Midstream's price / earnings changed year-over-year?
DT Midstream's price / earnings increased by 10.5% year-over-year, from 26.9× to 29.7×.
What is the long-term trend for DT Midstream's price / earnings?
Over 4 years (2021 to 2025), DT Midstream's price / earnings has grown at a 16.2% compound annual growth rate (CAGR), from 15.1× to 27.6×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.