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DTM

NYSE
Favorable · 70/100

DT Midstream Inc

Energy
Energy

$145.17

0.4%

Updated Today 12:11 PM ET

Report Card

DTM at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Favorable · 70/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 37.2% over the last 12 months

Price 50-day average 200-day averageDCF fair value ±15%Source: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$14.75B

P/E

31.86x

Forward P/E (est.)

25.83x

ROE

9.8%

Revenue Growth

22.2%

EPS Growth

23.3%

Profit Margin

36.3%

FCF Yield

3.8%

Debt / Equity

0.75x

ROIC

6.0%

Interest Coverage

4.09x

Current Ratio

1.26x

Dividend Yield

2.4%

Implied Growth (rev. DCF)

5.8%

Rating Score

70/100

Business Overview
Research

DT Midstream Inc (DTM) is a large-cap company in the Energy industry, part of the Energy sector of the S&P 500, with a market value around $14.75B.

In its latest reported year it generated about $1.24B in revenue and $441.00M in net profit.

Our model rates DTM Favorable (70/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DTM's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DTM trades near $145.17, above its 50-day average ($144.09) and 200-day average ($128.08). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 57 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. DTM's is $3.33 (~2.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month DTM found buyers near $139.15 (support) and sellers near $152.00 (resistance); its 52-week range is $98.06–$152.88. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

10.3%

4/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $504.00M in 2019 to $1.24B in 2025, a 16.2% compound annual growth rate. The most recent year grew a strong 22.2% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research
2/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

Operating Margin

49.4%

Net Margin

35.5%

ROE

9.8%

DT Midstream Inc keeps about 36.3% of each sales dollar as net profit. Return on equity is 9.8% and return on invested capital about 6.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research
4/4 checks passedDebt under 1× equityDebt under 2× equityInterest covered 3×+Short-term bills covered

Total Debt

$3.35B

Net Debt

$3.20B

Net Debt / EBITDA

5.21x

Debt / Equity

0.75x

Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 4.1x, with a current ratio of 1.3x. That is a moderate, manageable debt load for most businesses. It carries roughly $3.35B of total debt against $150.00M of cash.

Cash Flow Analysis
Research
3/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$867.00M

Free Cash Flow

$441.00M

FCF Margin

35.5%

In the latest year DT Midstream Inc produced about $867.00M of operating cash flow and $441.00M of free cash flow after capital spending. That is a free-cash-flow yield of about 3.8% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
3/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

31.86x

P/S

11.87x

P/B

2.18x

EV / EBITDA

20.59x

DTM trades at 31.9x trailing earnings (about 25.8x on estimated forward earnings), 11.9x sales, and 2.2x book value. Reverse-engineering today's price implies the market expects roughly 5.8% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$179.02

Current price

$145.17

+23% · Below fair-value estimate

Starting FCF (latest 10-K)

$441.00M

Growth, years 1–5

20.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$6.81B
PV of terminal value$11.45B
Estimated equity value$18.26B
Shares outstanding102M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where DTM sits versus its Energy sector peers in the S&P 500.

TTM P/E
31.9xExpensive
Forward P/E
25.8xExpensive
P/S ratio
11.9xExpensive
Revenue growth
22.2%Strong
EPS growth
23.3%Average
Gross margin
Net margin
36.3%Strong
ROE
9.8%Weak

Bands show the middle half (25th–75th percentile) of the 26 Energy companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How DTM stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.

In the Energy sector (30 S&P 500 companies), DTM ranks #4 of 30 by our overall rating. It trades at a premium versus the sector on earnings (31.9x P/E vs. 17.2x median) with a lower return on equity (9.8% vs. 13.7%) and faster revenue growth (22.2% vs. 3.4%).

P/E vs sector

31.9x

median 17.2x

ROE vs sector

9.8%

median 13.7%

Growth vs sector

22.2%

median 3.4%

Sector rank

#4

of 30 by rating

CompanyP/ERev Gr.Rating
DTMThis stock31.9x22.2%Favorable· 70
DINO10.6x-27.1%Neutral· 55
AR11.4x28.8%Strong· 81
AM26x8.3%Neutral· 55
EC11.6x-10.2%Weak· 32
FTI24.6x9.9%Favorable· 67
CCJ91.8x7.5%Neutral· 53
CVE14.1x-10.0%Favorable· 58
Energy median17.2x3.4%53/100

Valuation vs. quality map

sector medianDINOARAMECFTICCJCVEDTMP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Energy companies by sub-industry and size. Sector median is across all 30 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $145.17 today · expected CAGR 9%21%

Metric20262027202820292030
Revenue$1.52B$1.85B$2.26B$2.75B$3.36B
Net income$530.76M$647.53M$789.98M$963.78M$1.18B
EPS$5.20$6.35$7.74$9.45$11.53
Share price (low)$98.85$120.60$147.13$179.50$218.99
Share price (high)$166.49$203.12$247.80$302.32$368.83
CAGR (low–high)-32% / 15%-9% / 18%0% / 20%5% / 20%9% / 21%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for DTM:

  • Revenue is growing 22.2% a year, a sign of real demand.
  • High net margins (36.3%) point to pricing power or efficiency.
  • Pays a 2.4% dividend on top of any price gains.
  • Our model's overall read is Favorable (70/100).
Bear Case

The case against DTM:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Valuation risk — at 31.9x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: DT Midstream Inc is a large-cap energy business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 31.9x earnings, which our model scores Favorable (70/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

DTM — frequently asked questions

Is DTM a good stock to buy?

We don't give buy or sell advice. Our model rates DT Midstream Inc Favorable (70/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is DTM's rating on The Stocks School?

DT Midstream Inc currently scores 70/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does DTM's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from DT Midstream Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for DTM calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this DTM analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell DTM. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.