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DT Midstream DTM Return on invested capital

Return on invested capital at other companies

Williams Companies logo
Williams CompaniesWMB
7%-2.5pp
DTE Energy logo
DTE EnergyDTE
6.1%-1.0pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
11.8%-0.3pp
Kinder Morgan logo
Kinder MorganKMI
6.4%+0.5pp
National Fuel Gas logo
National Fuel GasNFG
13%
Diversified Energy logo
Diversified EnergyDEC
17.9%

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
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 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 return on invested capital?
DT Midstream (DTM) reported return on invested capital of 6.1% in Q1 2026.
How has DT Midstream's return on invested capital changed year-over-year?
DT Midstream's return on invested capital increased by 24.2% year-over-year, from 4.9% to 6.1%.
What is the long-term trend for DT Midstream's return on invested capital?
Over 3 years (2022 to 2025), DT Midstream's return on invested capital has grown at a 2.7% compound annual growth rate (CAGR), from 5.3% to 5.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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