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DT Midstream, Inc. (DTM)

124.34 -2.64 (-2.08%)
At close: October 30 at 4:00:02 PM EDT
124.34 0.00 (0.00%)
After hours: October 30 at 4:01:21 PM EDT
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DTM Q3 2026 earnings call
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Chart Range Bar
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  • Previous Close 126.98
  • Open 125.56
  • Bid 119.88 x 30000
  • Ask 131.23 x 10000
  • Day's Range 123.29 - 127.38
  • 52 Week Range 108.13 - 152.88
  • Volume 1,176,622
  • Avg. Volume 972,253
  • Market Cap (intraday) 12.685B
  • Beta (5Y Monthly) 0.74
  • PE Ratio (TTM) 27.09
  • EPS (TTM) 4.59
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield 3.52 (2.83%)
  • 1y Target Est 148.60
  • Zacks Rating Neutral

DT Midstream, Inc., together with its subsidiaries, provides integrated natural gas services in the United States. The company operates in two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines. This segment also engages in the transportation and storage of natural gas for intermediate and end-user customers. The Gathering segment owns and operates gas gathering systems. This segment is involved in the collection of natural gas for delivery to plants for treating, to gathering pipelines for further gathering, or to pipelines for transportation; and associated ancillary services, including compression, dehydration, gas treatment, water impoundment, water transportation, water disposal, and sand mining. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

www.dtmidstream.com

588

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

DTM
5.95%
S&P 500 (^GSPC)
10.73%

1-Year Return

DTM
16.40%
S&P 500 (^GSPC)
11.11%

3-Year Return

DTM
158.49%
S&P 500 (^GSPC)
81.91%

5-Year Return

DTM
218.42%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 336M
Earnings 118M
Profit Margin 35.12%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
100M
200M
300M
34.0%
36.0%
38.0%

Analyst Insights

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Analyst Price Targets

121.00
148.60 Average
124.34 Current
170.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst Wells Fargo
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 165 -> 167

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    35.36%

  • Return on Assets (ttm)

    4.05%

  • Return on Equity (ttm)

    9.92%

  • Revenue (ttm)

    1.33B

  • Net Income Avi to Common (ttm)

    471M

  • Diluted EPS (ttm)

    4.59

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    231M

  • Total Debt/Equity (mrq)

    66.98%

  • Levered Free Cash Flow (ttm)

    263.25M

Company Insights

Research Reports

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